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GSY vs CDX

Invesco Ultra Short Duration ETF vs Simplify High Yield ETF

GSY

Invesco Ultra Short Duration ETF

Invesco

Annual cost

0.22%

Fund size

$3.5B

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • GSY is significantly larger than CDX — larger funds tend to be more liquid and less likely to close.
  • GSY is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • GSY follows a index tracking strategy; CDX uses multi strategy.
  • Over the last 3 years, CDX has delivered higher annualized returns.
  • GSY has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

GSYCDX
Annual cost (TER)0.22%0.25%
Fund size (AUM)$3.5B$440M
Since20082022
Dividend yield4.38%8.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyindex trackingmulti strategy
CAGR 1Y+4.6%-0.3%
CAGR 3Y+5.4%+7.8%
CAGR 5Y+3.6%N/A
Sharpe 3Y3.350.42
Volatility 1Y0.40%5.69%
Max drawdown-5.25%-13.24%

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

Similar to GSY and CDX