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HCOW vs HYDB

Amplify COWS Covered Call ETF vs iShares High Yield Systematic Bond ETF

HCOW

Amplify COWS Covered Call ETF

Annual cost

0.65%

Fund size

$17M

HYDB

iShares High Yield Systematic Bond ETF

Annual cost

0.35%

Fund size

$1.6B

Key differences

HCOW is an alternative ETF, while HYDB is a fixed income ETF. HCOW charges 0.65% a year and HYDB 0.35%.

  • HCOW is an alternative fund, while HYDB is a fixed income fund. They carry different risk/return profiles.
  • HCOW follows a option income strategy; HYDB uses index tracking.
  • HCOW covers North America; HYDB covers global markets excluding the US.
  • HYDB costs 0.30% less per year.
  • HYDB is much larger than HCOW. Larger funds are usually more liquid and less likely to close.
  • HYDB has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HCOWHYDB
Annual cost (TER)0.65%0.35%
Fund size (AUM)$17M$1.6B
Since20232017
Dividend yield11.72%7.07%
Asset classalternativefixed income
Regionnorth americaglobal ex us
Strategyoption incomeindex tracking
CAGR 1Y+21.6%+6.9%
CAGR 3YN/A+9.2%
CAGR 5YN/A+4.6%
Sharpe 3YN/A1.00
Volatility 1Y13.86%3.80%
Max drawdown-24.15%-21.58%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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