(CDX) Simplify Exchange Traded - Overview
Exchange: NYSE ARCA •
Country: USA •
Currency: USD •
Type: Etf •
ISIN: US82889N8305
Etf: Bonds, Funds, Derivatives, Securities
Total Rating 36
Risk 59
Buy Signal -0.84
| Risk 5d forecast | |
|---|---|
| Volatility | 7.21% |
| Relative Tail Risk | -0.91% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.03 |
| Alpha | -3.45 |
| Character TTM | |
|---|---|
| Beta | 0.098 |
| Beta Downside | 0.222 |
| Drawdowns 3y | |
|---|---|
| Max DD | 8.88% |
| CAGR/Max DD | 1.10 |
Description: CDX Simplify Exchange Traded March 04, 2026
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.
What is the price of CDX shares?
As of March 07, 2026, the stock is trading at USD 21.77 with a total of 183,091 shares traded.
Over the past week, the price has changed by -0.91%, over one month by -0.12%, over three months by -0.83% and over the past year by +2.37%.
Over the past week, the price has changed by -0.91%, over one month by -0.12%, over three months by -0.83% and over the past year by +2.37%.
Is CDX a buy, sell or hold?
Simplify Exchange Traded has no consensus analysts rating.
What are the forecasts/targets for the CDX price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |