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HYFI vs CDX

AB High Yield ETF vs Simplify High Yield ETF

HYFI

AB High Yield ETF

AllianceBernstein

Annual cost

0.40%

Fund size

$334M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 0.15% less per year.
  • HYFI is classified as fixed income, while CDX is alternative — different risk/return profiles.
  • HYFI follows a active selection strategy; CDX uses multi strategy.
  • Over the last 3 years, HYFI has delivered higher annualized returns.
  • HYFI has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYFICDX
Annual cost (TER)0.40%0.25%
Fund size (AUM)$334M$440M
Since20162022
Dividend yield6.79%8.37%
Asset classfixed incomealternative
Regionnorth americanorth america
Strategyactive selectionmulti strategy
CAGR 1Y+8.7%-0.3%
CAGR 3Y+9.3%+7.8%
CAGR 5YN/AN/A
Sharpe 3Y1.020.42
Volatility 1Y3.98%5.69%
Max drawdown-6.34%-13.24%

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

Similar to HYFI and CDX