(CDX) Simplify Exchange Traded - Overview
ETF Category: High Yield Bond | Exchange: NYSE ARCA (USA) | Market Cap: 454m USD | Total Return: 2.1% in 12m
Bonds, Funds, Derivatives, Securities
Total Rating 26
Safety 44
Buy Signal 0.06
High Yield Bond
Category Rotation: -11.2
TER: 0.26%
TER: 0.26%
AUM:
454M
Avg Turnover: 3.12M USD
Avg Turnover: 3.12M USD
ATR:
0.97%
Peers RS (IBD): 2.3
Peers RS (IBD): 2.3
Risk 5d forecast
Volatility6.79%
Rel. Tail Risk-1.12%
Reward TTM
Sharpe Ratio-0.26
Alpha-12.24
Character TTM
Beta0.096
Beta Downside0.204
Drawdowns 3y
Max DD8.88%
CAGR/Max DD0.93
Warnings
No concerns identified
Tailwinds
No distinct edge detected
Description: CDX Simplify Exchange Traded
CDX is an exchange-traded fund investing primarily in high-yield corporate bonds, also known as junk bonds. These bonds are issued by companies with lower credit ratings, offering higher yields to compensate for increased default risk.
The fund gains exposure to these bonds mainly through other ETFs. It also employs a credit hedge derivatives strategy to mitigate risk.
A significant portion, at least 80%, of the funds net assets are allocated to high-yield securities. Up to 20% of its portfolio may be invested in derivatives.
To further understand the underlying holdings and their risk profiles, consider researching on ValueRay.
- High-yield bond market performance impacts fund value
- Credit hedge effectiveness crucial for risk management
- Interest rate changes influence junk bond valuations
- Regulatory shifts in derivatives markets pose risk
What is the price of CDX shares?
As of April 14, 2026, the stock is trading at USD 21.64 with a total of 52,937 shares traded.
Over the past week, the price has changed by +0.93%, over one month by +0.93%, over three months by -0.94% and over the past year by +2.09%.
Over the past week, the price has changed by +0.93%, over one month by +0.93%, over three months by -0.94% and over the past year by +2.09%.
Is CDX a buy, sell or hold?
Simplify Exchange Traded has no consensus analysts rating.
What are the forecasts/targets for the CDX price?
| Analysts Target Price | - | - |
External Resources