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OGSP vs CDX

Obra High Grade Structured Products ETF vs Simplify High Yield ETF

OGSP

Obra High Grade Structured Products ETF

Obra Fund Management, LLC

Annual cost

0.64%

Fund size

$29M

CDX

Simplify High Yield ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$440M

Key differences

  • CDX costs 0.39% less per year.
  • CDX is significantly larger than OGSP — larger funds tend to be more liquid and less likely to close.
  • OGSP follows a active selection strategy; CDX uses multi strategy.

Side-by-side comparison

OGSPCDX
Annual cost (TER)0.64%0.25%
Fund size (AUM)$29M$440M
Since20242022
Dividend yield5.86%8.37%
Asset classalternativealternative
Regionnorth america
Strategyactive selectionmulti strategy
CAGR 1Y+5.6%-0.3%
CAGR 3YN/A+7.8%
CAGR 5YN/AN/A
Sharpe 3YN/A0.42
Volatility 1Y1.75%5.69%
Max drawdown-0.81%-13.24%

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

Similar to OGSP and CDX