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CVY vs YLD

Invesco Zacks Multi-Asset Income ETF vs Principal Active High Yield ETF

CVY

Invesco Zacks Multi-Asset Income ETF

Invesco

Annual cost

1.21%

Fund size

$119M

YLD

Principal Active High Yield ETF

Principal Funds

Annual cost

0.39%

Fund size

$524M

Key differences

  • YLD costs 0.82% less per year.
  • YLD is significantly larger than CVY — larger funds tend to be more liquid and less likely to close.
  • CVY is classified as mixed asset, while YLD is alternative — different risk/return profiles.
  • CVY follows a active selection strategy; YLD uses multi strategy.
  • Over the last 3 years, CVY has delivered higher annualized returns.
  • CVY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

CVYYLD
Annual cost (TER)1.21%0.39%
Fund size (AUM)$119M$524M
Since20062015
Dividend yield3.74%7.31%
Asset classmixed assetalternative
Regionglobalglobal
Strategyactive selectionmulti strategy
CAGR 1Y+20.4%+8.3%
CAGR 3Y+16.2%+8.9%
CAGR 5Y+7.2%+5.0%
Sharpe 3Y0.880.90
Volatility 1Y11.04%4.32%
Max drawdown-50.47%-28.34%

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

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