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CEFS vs FORH

Saba Closed-End Funds ETF vs Formidable ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

FORH

Formidable ETF

Formidable Funds

Annual cost

1.19%

Fund size

$20M

Key differences

  • FORH costs 1.42% less per year.
  • CEFS is significantly larger than FORH — larger funds tend to be more liquid and less likely to close.
  • CEFS follows a active selection strategy; FORH uses option income.
  • Over the last 3 years, CEFS has delivered higher annualized returns.

Side-by-side comparison

CEFSFORH
Annual cost (TER)2.61%1.19%
Fund size (AUM)$402M$20M
Since20172021
Dividend yield6.24%1.73%
Asset classalternativealternative
Region
Strategyactive selectionoption income
CAGR 1Y+24.3%+13.1%
CAGR 3Y+21.5%+3.7%
CAGR 5Y+13.7%+1.7%
Sharpe 3Y1.390.08
Volatility 1Y9.92%15.66%
Max drawdown-38.99%-20.73%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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