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FLXR vs CDX

TCW Flexible Income ETF vs Simplify High Yield ETF

FLXR

TCW Flexible Income ETF

Annual cost

0.40%

Fund size

$3.2B

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$407M

Key differences

FLXR is a mixed asset ETF, while CDX is an alternative ETF. FLXR charges 0.40% a year and CDX 0.25%.

  • FLXR is a mixed asset fund, while CDX is an alternative fund. They carry different risk/return profiles.
  • FLXR follows a active selection strategy; CDX uses multi strategy.
  • FLXR covers global markets; CDX covers North America.
  • CDX costs 0.15% less per year.
  • FLXR is much larger than CDX. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

FLXRCDX
Annual cost (TER)0.40%0.25%
Fund size (AUM)$3.2B$407M
Since20182022
Dividend yield5.71%8.31%
Asset classmixed assetalternative
Regionglobalnorth america
Strategyactive selectionmulti strategy
CAGR 1Y+5.5%-1.7%
CAGR 3YN/A+7.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.39
Volatility 1Y2.28%5.74%
Max drawdown-1.94%-13.24%

Similar to FLXR and CDX