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FIXD vs HYBX

First Trust Smith Opportunistic Fixed Income ETF vs TCW High Yield Bond ETF

FIXD

First Trust Smith Opportunistic Fixed Income ETF

First Trust

Annual cost

0.65%

Fund size

$3.4B

HYBX

TCW High Yield Bond ETF

TCW

Annual cost

0.50%

Fund size

$33M

Key differences

  • HYBX costs 0.15% less per year.
  • FIXD is significantly larger than HYBX — larger funds tend to be more liquid and less likely to close.
  • FIXD follows a active selection strategy; HYBX uses index tracking.
  • HYBX has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

FIXDHYBX
Annual cost (TER)0.65%0.50%
Fund size (AUM)$3.4B$33M
Since20171993
Dividend yield4.66%7.49%
Asset classfixed incomefixed income
Regionnorth americanorth america
Strategyactive selectionindex tracking
CAGR 1Y+6.3%+7.0%
CAGR 3Y+3.4%N/A
CAGR 5Y-0.4%N/A
Sharpe 3Y0.01N/A
Volatility 1Y4.26%6.71%
Max drawdown-20.35%-3.93%

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

Similar to FIXD and HYBX