ASCIX vs. CDX

In the year-to-date period, ASCIX achieves a 2.23% return, which is significantly lower than CDX's 9.00% return.

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

ASCIX has a 0.85% expense ratio, which is higher than CDX's 0.26% expense ratio.

This table presents a comparison of risk-adjusted performance metrics for Angel Oak Strategic Credit Fund (ASCIX) and Simplify High Yield PLUS Credit Hedge ETF (CDX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

The current ASCIX Sharpe Ratio is 2.65, which is higher than the CDX Sharpe Ratio of 0.90. The chart below compares the historical Sharpe Ratios of ASCIX and CDX, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

ASCIX's dividend yield for the trailing twelve months is around 8.61%, less than CDX's 11.62% yield.

The maximum ASCIX drawdown since its inception was -25.70%, which is greater than CDX's maximum drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for ASCIX and CDX.

The current volatility for Angel Oak Strategic Credit Fund (ASCIX) is 0.63%, while Simplify High Yield PLUS Credit Hedge ETF (CDX) has a volatility of 2.03%. This indicates that ASCIX experiences smaller price fluctuations and is considered to be less risky than CDX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.