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CEFS vs ZHOG

Saba Closed-End Funds ETF vs F/m Opportunistic Income ETF

CEFS

Saba Closed-End Funds ETF

SABA ETF

Annual cost

2.61%

Fund size

$402M

ZHOG

F/m Opportunistic Income ETF

F/m investments, LLC

Annual cost

0.43%

Fund size

$45M

Key differences

  • ZHOG costs 2.18% less per year.
  • CEFS is significantly larger than ZHOG — larger funds tend to be more liquid and less likely to close.
  • CEFS is classified as alternative, while ZHOG is fixed income — different risk/return profiles.
  • CEFS has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CEFSZHOG
Annual cost (TER)2.61%0.43%
Fund size (AUM)$402M$45M
Since20172023
Dividend yield6.24%5.60%
Asset classalternativefixed income
Regionnorth america
Strategyactive selectionactive selection
CAGR 1Y+24.3%+5.9%
CAGR 3Y+21.5%N/A
CAGR 5Y+13.7%N/A
Sharpe 3Y1.39N/A
Volatility 1Y9.92%1.61%
Max drawdown-38.99%-3.66%

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

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