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LSEQ vs CDX

Harbor Long-Short Equity ETF vs Simplify High Yield ETF

LSEQ

Harbor Long-Short Equity ETF

Annual cost

2.28%

Fund size

$15M

CDX

Simplify High Yield ETF

Annual cost

0.25%

Fund size

$407M

Key differences

LSEQ is an alternative ETF, while CDX is a fixed income ETF. LSEQ charges 2.28% a year and CDX 0.25%.

  • LSEQ is an alternative fund, while CDX is a fixed income fund. They carry different risk/return profiles.
  • LSEQ follows a long short strategy; CDX uses multi strategy.
  • CDX costs 2.03% less per year.
  • CDX is much larger than LSEQ. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

LSEQCDX
Annual cost (TER)2.28%0.25%
Fund size (AUM)$15M$407M
Since20232022
Dividend yield1.79%8.31%
Asset classalternativefixed income
Regionnorth americanorth america
Strategylong shortmulti strategy
CAGR 1Y+22.3%-1.7%
CAGR 3YN/A+7.5%
CAGR 5YN/AN/A
Sharpe 3YN/A0.39
Volatility 1Y15.27%5.74%
Max drawdown-8.35%-13.24%

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

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