Screener
HYZD vs CDX
WisdomTree Interest Rate Hedged High Yield Bond Fund vs Simplify High Yield ETF
Key differences
Both HYZD and CDX are fixed income ETFs. HYZD charges 0.43% a year and CDX 0.25%. The main difference: HYZD follows a long short strategy; CDX uses multi strategy.
- HYZD follows a long short strategy; CDX uses multi strategy.
- CDX costs 0.18% less per year.
- Over the last three years, HYZD has delivered higher annualized returns.
- HYZD has a longer track record, which may reduce uncertainty around long-term behavior.
Side-by-side comparison
| HYZD | CDX | |
|---|---|---|
| Annual cost (TER) | 0.43% | 0.25% |
| Fund size (AUM) | $237M | $407M |
| Since | 2013 | 2022 |
| Dividend yield | 5.89% | 8.31% |
| Asset class | fixed income | fixed income |
| Region | north america | north america |
| Strategy | long short | multi strategy |
| CAGR 1Y | +6.9% | -0.4% |
| CAGR 3Y | +9.4% | +7.9% |
| CAGR 5Y | +6.2% | N/A |
| Sharpe 3Y | 1.13 | 0.43 |
| Volatility 1Y | 3.13% | 5.80% |
| Max drawdown | -25.66% | -13.24% |
Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.