Simplify High Yield PLUS Credit Hedge ETF (CDX)

NYSEARCA: CDX · Real-Time Price · USD
23.15
0.00 (-0.02%)
Dec 12, 2024, 9:33 AM EST - Market open
-0.02%
Assets $123.11M
Expense Ratio 0.25%
PE Ratio n/a
Shares Out 5.33M
Dividend (ttm) $1.90
Dividend Yield 8.21%
Ex-Dividend Date Nov 25, 2024
Payout Ratio n/a
1-Year Return +2.83%
Volume 787
Open 23.33
Previous Close 23.15
Day's Range 23.15 - 23.33
52-Week Low 21.34
52-Week High 25.59
Beta 0.39
Holdings 220
Inception Date Feb 14, 2022

About CDX

Fund Home Page

The 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.

Asset Class Fixed Income
Category High Yield Bond
Region North America
Stock Exchange NYSEARCA
Ticker Symbol CDX
ETF Provider 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
Full Dividend History

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...

23 hours ago - Seeking Alpha

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....

8 days ago - Seeking Alpha

Simplify Provides Estimated Capital Gain Distribution Information for 2024

NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.

14 days ago - Business Wire

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...

4 weeks ago - Seeking Alpha

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...

3 months ago - Seeking Alpha

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...

6 months ago - Seeking Alpha

Simplify Provides Estimated Capital Gain Distribution Information for 2023

NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.

1 year ago - Business Wire

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).

1 year ago - Business Wire

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...

1 year ago - Seeking Alpha

Simplify Debuts 2 Credit-Hedged Bond ETFs

The two funds launch as spreads on corporate debt begin widening.

Other symbols: AGGH
3 years ago - ETFcom

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

Other symbols: AGGH
3 years ago - Business Wire