Screener
FIXD vs CAAA
First Trust Smith Opportunistic Fixed Income ETF vs First Trust AAA CMBS ETF
Key differences
- CAAA costs 0.35% less per year.
- FIXD is significantly larger than CAAA — larger funds tend to be more liquid and less likely to close.
- FIXD is classified as fixed income, while CAAA is alternative — different risk/return profiles.
- FIXD follows a active selection strategy; CAAA uses multi strategy.
- FIXD has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| FIXD | CAAA | |
|---|---|---|
| Annual cost (TER) | 0.65% | 0.30% |
| Fund size (AUM) | $3.4B | $33M |
| Since | 2017 | 2024 |
| Dividend yield | 4.66% | 5.23% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | active selection | multi strategy |
| CAGR 1Y | +6.2% | +5.6% |
| CAGR 3Y | +3.8% | N/A |
| CAGR 5Y | -0.3% | N/A |
| Sharpe 3Y | 0.06 | N/A |
| Volatility 1Y | 4.25% | 3.04% |
| Max drawdown | -20.35% | -2.24% |
Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.
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