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HIGH vs CDX

Simplify Enhanced Income ETF vs Simplify High Yield ETF

HIGH

Simplify Enhanced Income ETF

Simplify Asset Management

Annual cost

0.50%

Fund size

$79M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 0.25% less per year.
  • CDX is significantly larger than HIGH — larger funds tend to be more liquid and less likely to close.
  • HIGH follows a option income strategy; CDX uses multi strategy.
  • Over the last 3 years, CDX has delivered higher annualized returns.

Side-by-side comparison

HIGHCDX
Annual cost (TER)0.50%0.25%
Fund size (AUM)$79M$440M
Since20222022
Dividend yield7.86%8.37%
Asset classalternativealternative
Regionnorth americanorth america
Strategyoption incomemulti strategy
CAGR 1Y-4.6%-0.3%
CAGR 3Y+3.1%+7.8%
CAGR 5YN/AN/A
Sharpe 3Y0.000.42
Volatility 1Y8.98%5.69%
Max drawdown-9.50%-13.24%

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

Similar to HIGH and CDX