Simplify High Yield ETF (CDX) Research

The Simplify High Yield ETF (CDX) is engineered to generate substantial current income. It achieves this by primarily allocating its capital to high-yield bonds, while simultaneously deploying strategies to reduce inherent credit risk. CDX offers foundational exposure to the high-yield market, delivering appealing income streams, and is fortified by a diverse array of dynamic and effective credit hedging techniques. Its principal hedging mechanism is rooted in a Quality-Junk factor. Furthermore, the ETF opportunistically invests in CDX call options and equity put options, assessing opportunities based on advantageous cost-to-payout ratios.

Market snapshot

Symbol
CDX
Price
$21.25
Day change
+0.21%
Market cap
$407.8M
52-week range
21.02-23.383
Sector
Financial Services
Industry
Asset Management - Bonds

Peer companies

  • InfraCap MLP ETF (AMZA)
  • ALPS Funds CoreCommodity Natural Resources ETF (CCNR)
  • Invesco S&P Emerging Markets Low Volatility ETF (EELV)
  • iShares MSCI Japan Value ETF (EWJV)
  • Cambria Global Value ETF (GVAL)
  • ALPS International Sector Dividend Dogs ETF (IDOG)
  • Invesco International BuyBack Achievers ETF (IPKW)
  • Alpha Architect U.S. Quantitative Value ETF (QVAL)

Recent insider activity

  • ANTENUCCI TED R — D-Return (371148 shares) on 2005-09-15
  • BARKER PETER K — D-Return (1872 shares) on 2005-09-15
  • BOLLENBACH STEPHEN F — D-Return (5855 shares) on 2005-09-15
  • BOLLENBACH STEPHEN F — D-Return (5855 shares) on 2005-09-15
  • BOLLENBACH STEPHEN F — D-Return (27667 shares) on 2005-09-15

Open Simplify High Yield ETF (CDX) in Thesis for live fundamentals, charts, options context, and portfolio-aware Copilot follow-ups.