Simplify High Yield PLUS Credit Hedge ETF (CDX)
| Assets | $122.58M |
| Expense Ratio | 0.25% |
| PE Ratio | 27.60 |
| Shares Out | 5.38M |
| Dividend (ttm) | $1.90 |
| Dividend Yield | 8.27% |
| Ex-Dividend Date | Nov 25, 2024 |
| Payout Ratio | 228.35% |
| 1-Year Return | +0.59% |
| Volume | 28,726 |
| Open | 22.64 |
| Previous Close | 22.69 |
| Day's Range | 22.64 - 23.04 |
| 52-Week Low | 21.34 |
| 52-Week High | 25.59 |
| Beta | 0.39 |
| Holdings | 220 |
| Inception Date | Feb 14, 2022 |
About CDX
Fund Home PageThe Simplify High Yield PLUS Credit Hedge ETF (CDX) is an exchange-traded fund that mostly invests in high yield fixed income. The fund is a fund-of-funds that invests in US high-yield bond ETFs with different maturities. It also provides a credit hedge overlay, which may contain S&P 500 Index (SPX) puts. CDX was launched on Feb 14, 2022 and is issued by Simplify.
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Nov 25, 2024 | $0.250 | Nov 29, 2024 |
| Oct 28, 2024 | $0.200 | Oct 31, 2024 |
| Sep 25, 2024 | $0.200 | Sep 30, 2024 |
| Aug 27, 2024 | $0.200 | Aug 30, 2024 |
| Jul 26, 2024 | $0.200 | Jul 31, 2024 |
| Jun 25, 2024 | $0.150 | Jul 1, 2024 |
News
CDX: High-Yield Bond ETF, Credit Hedged, Ineffective Strategy
A reader asked for my thoughts on CDX. CDX focuses on high-yield corporate bonds with a credit hedge meant to protect investor capital when credit spreads widen. CDX's credit hedges, including S&P 500...
CDX: High Yield Fund With A Wide Mandate (Rating Downgrade)
CDX has shifted from a high yield ETF with an embedded hedge to a multi-asset fund. The fund's new structure introduces higher risk, making it unsuitable as a building block for high yield portfolios....
CDX: Good Way To Own High Yield Bonds
Simplify High Yield PLUS Credit Hedge ETF uses a long-short portfolio of high-quality vs. low-quality stocks to hedge credit risk, offering a positive carry credit hedge. While CDX offers protection a...
Credit Hedging Done Right: CDX Outperforms With Defense
The credit risk in high yield bonds tends to have more volatility and credit spreads can widen swiftly during periods of market stress, wiping out income quickly. CDX deploys credit hedging techniques...
CDX: If You Want To Buy High Yield Here, Buy It Hedged
CDX outperformed competitors HYG and JNK in the past year from a total return perspective, and with a better drawdown profile. CDX utilizes put spreads on the S&P 500 to hedge downside moves, providin...
Net Asset Value Restatement for Simplify High Yield PLUS Credit Hedge ETF (CDX)
NEW YORK--(BUSINESS WIRE)--Simplify Asset Management Inc. announces NAV restatement for the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX).
CDX: Hedged U.S. High Yield Exposure
The Simplify High Yield PLUS Credit Hedge ETF is a fixed-income exchange-traded fund. The vehicle focuses on U.S. high yield credit and tries to hedge the downside via SPY puts, CDX index calls, or ot...
Simplify Debuts 2 Credit-Hedged Bond ETFs
The two funds launch as spreads on corporate debt begin widening.
Simplify Adds to Its Fixed Income ETF Suite With Launch of Two Funds Focused on Hedging Credit Risk
NEW YORK--(BUSINESS WIRE)--Simplify launches AGGH and CDX ETFs, first-of-their-kind fixed income funds providing investors with unique credit hedge overlays