Screener
FIAX vs CDX
Nicholas Fixed Income Alternative ETF vs Simplify High Yield ETF
Key differences
- CDX costs 0.72% less per year.
- CDX is significantly larger than FIAX — larger funds tend to be more liquid and less likely to close.
- FIAX follows a option income strategy; CDX uses multi strategy.
- Over the last 3 years, CDX has delivered higher annualized returns.
Side-by-side comparison
| FIAX | CDX | |
|---|---|---|
| Annual cost (TER) | 0.97% | 0.25% |
| Fund size (AUM) | $135M | $440M |
| Since | 2022 | 2022 |
| Dividend yield | 8.18% | 8.37% |
| Asset class | alternative | alternative |
| Region | north america | north america |
| Strategy | option income | multi strategy |
| CAGR 1Y | +5.6% | -0.6% |
| CAGR 3Y | +3.5% | +7.6% |
| CAGR 5Y | N/A | N/A |
| Sharpe 3Y | 0.00 | 0.40 |
| Volatility 1Y | 4.27% | 5.68% |
| Max drawdown | -6.26% | -13.24% |
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