Simplify High Yield ETF (CDX)
| Assets | $241.78M |
| Expense Ratio | 0.25% |
| PE Ratio | n/a |
| Shares Out | 10.58M |
| Dividend (ttm) | $2.70 |
| Dividend Yield | 11.62% |
| Ex-Dividend Date | Jun 25, 2025 |
| Payout Frequency | Monthly |
| Payout Ratio | n/a |
| Volume | 458,693 |
| Open | 23.35 |
| Previous Close | 23.32 |
| Day's Range | 23.12 - 23.35 |
| 52-Week Low | 21.34 |
| 52-Week High | 24.89 |
| Beta | 0.37 |
| Holdings | 233 |
| Inception Date | Feb 14, 2022 |
About CDX
Fund Home PageThe Simplify High Yield 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 |
|---|---|---|
| Jun 25, 2025 | $0.150 | Jun 30, 2025 |
| May 27, 2025 | $0.150 | May 30, 2025 |
| Apr 25, 2025 | $0.150 | Apr 30, 2025 |
| Mar 26, 2025 | $0.150 | Mar 31, 2025 |
| Feb 25, 2025 | $0.050 | Feb 28, 2025 |
| Jan 28, 2025 | $0.050 | Jan 31, 2025 |
Performance
CDX had a total return of 13.69% in the past year, including dividends. Since the fund's inception, the average annual return has been 6.16%.
News
CDX: Good Idea, Bad Execution
CDX ETF has outperformed peers and delivered strong returns, validating its unique quality/junk equity hedge strategy for high-yield bond exposure. Recent volatility in April highlighted the risks of ...
ETF Edge: Moody's downgrade, ETFs with hedge fund strategies and product overload
Paisley Nardini, Simplify Asset Management managing director and portfolio manager, and Dave Nadig, financial futurist, join Dom Chu on “ETF Edge” to talk about new investor optimism, ETFs adopting a ...
New Fund Name for the Simplify High Yield PLUS Credit Hedge ETF (CDX)
NEW YORK--(BUSINESS WIRE)--Simplify Asset Management has announced that the Simplify High Yield PLUS Credit Hedge ETF (NYSE Arca: CDX) has been renamed Simplify High Yield ETF.
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 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