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WZRD vs FIXD

Opportunistic Trader ETF vs First Trust Smith Opportunistic Fixed Income ETF

WZRD

Opportunistic Trader ETF

Annual cost

1.00%

Fund size

$3M

FIXD

First Trust Smith Opportunistic Fixed Income ETF

Annual cost

0.65%

Fund size

$3.3B

Key differences

WZRD is an alternative ETF, while FIXD is a fixed income ETF. WZRD charges 1.00% a year and FIXD 0.65%.

  • WZRD is an alternative fund, while FIXD is a fixed income fund. They carry different risk/return profiles.
  • WZRD follows a structured outcome strategy; FIXD uses active selection.
  • FIXD costs 0.35% less per year.
  • FIXD is much larger than WZRD. Larger funds are usually more liquid and less likely to close.
  • FIXD has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

WZRDFIXD
Annual cost (TER)1.00%0.65%
Fund size (AUM)$3M$3.3B
Since20252017
Dividend yield4.68%
Asset classalternativefixed income
Regionnorth americanorth america
Strategystructured outcomeactive selection
CAGR 1YN/A+5.0%
CAGR 3YN/A+4.0%
CAGR 5YN/A-0.4%
Sharpe 3YN/A0.09
Volatility 1Y4.16%
Max drawdown-79.00%-20.35%

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

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