Screener
FXED vs SHDG
Sound Enhanced Fixed Income ETF vs Soundwatch Hedged Equity ETF
Key differences
FXED is a fixed income ETF, while SHDG is an alternative ETF. FXED charges 1.89% a year and SHDG 0.91%.
- FXED is a fixed income fund, while SHDG is an alternative fund. They carry different risk/return profiles.
- FXED follows a active selection strategy; SHDG uses long short.
- SHDG costs 0.98% less per year.
- SHDG is much larger than FXED. Larger funds are usually more liquid and less likely to close.
- Over the last three years, SHDG has delivered higher annualized returns.
Side-by-side comparison
| FXED | SHDG | |
|---|---|---|
| Annual cost (TER) | 1.89% | 0.91% |
| Fund size (AUM) | $40M | $164M |
| Since | 2020 | 2016 |
| Dividend yield | 7.10% | 0.49% |
| Asset class | fixed income | alternative |
| Region | north america | north america |
| Strategy | active selection | long short |
| CAGR 1Y | +4.5% | +11.6% |
| CAGR 3Y | +6.6% | +12.8% |
| CAGR 5Y | +2.3% | N/A |
| Sharpe 3Y | 0.38 | 0.85 |
| Volatility 1Y | 6.85% | 7.78% |
| Max drawdown | -20.07% | -15.82% |
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