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CDX vs. TUA
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between CDX and TUA is -0.01. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.


-0.50.00.51.0
Correlation: -0.0

Performance

CDX vs. TUA - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify High Yield PLUS Credit Hedge ETF (CDX) and Simplify Short Term Treasury Futures Strategy ETF (TUA). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%NovemberDecember2025FebruaryMarchApril
31.20%
-1.41%
CDX
TUA

Key characteristics

Sharpe Ratio

CDX:

0.83

TUA:

1.13

Sortino Ratio

CDX:

1.31

TUA:

1.71

Omega Ratio

CDX:

1.27

TUA:

1.21

Calmar Ratio

CDX:

1.57

TUA:

0.64

Martin Ratio

CDX:

7.21

TUA:

2.16

Ulcer Index

CDX:

1.93%

TUA:

4.66%

Daily Std Dev

CDX:

16.73%

TUA:

8.85%

Max Drawdown

CDX:

-13.24%

TUA:

-15.85%

Current Drawdown

CDX:

-6.75%

TUA:

-6.73%

Returns By Period

In the year-to-date period, CDX achieves a 7.60% return, which is significantly higher than TUA's 5.26% return.


CDX

YTD

7.60%

1M

1.58%

6M

6.33%

1Y

13.58%

5Y*

N/A

10Y*

N/A

TUA

YTD

5.26%

1M

2.07%

6M

2.87%

1Y

9.67%

5Y*

N/A

10Y*

N/A

*Annualized

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CDX vs. TUA - Expense Ratio Comparison

CDX has a 0.26% expense ratio, which is higher than TUA's 0.16% expense ratio. However, both funds are considered low-cost compared to the broader market, where average expense ratios usually range from 0.3% to 0.9%.


Expense ratio chart for CDX: current value is 0.26%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
CDX: 0.26%
Expense ratio chart for TUA: current value is 0.16%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TUA: 0.16%

Risk-Adjusted Performance

CDX vs. TUA — Risk-Adjusted Performance Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CDX
The Risk-Adjusted Performance Rank of CDX is 8484
Overall Rank
The Sharpe Ratio Rank of CDX is 7676
Sharpe Ratio Rank
The Sortino Ratio Rank of CDX is 7777
Sortino Ratio Rank
The Omega Ratio Rank of CDX is 8989
Omega Ratio Rank
The Calmar Ratio Rank of CDX is 9090
Calmar Ratio Rank
The Martin Ratio Rank of CDX is 8989
Martin Ratio Rank

TUA
The Risk-Adjusted Performance Rank of TUA is 7777
Overall Rank
The Sharpe Ratio Rank of TUA is 8484
Sharpe Ratio Rank
The Sortino Ratio Rank of TUA is 8585
Sortino Ratio Rank
The Omega Ratio Rank of TUA is 8181
Omega Ratio Rank
The Calmar Ratio Rank of TUA is 7272
Calmar Ratio Rank
The Martin Ratio Rank of TUA is 6363
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

CDX vs. TUA - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify High Yield PLUS Credit Hedge ETF (CDX) and Simplify Short Term Treasury Futures Strategy ETF (TUA). 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 chart of Sharpe ratio for CDX, currently valued at 0.83, compared to the broader market-1.000.001.002.003.004.00
CDX: 0.83
TUA: 1.13
The chart of Sortino ratio for CDX, currently valued at 1.31, compared to the broader market-2.000.002.004.006.008.00
CDX: 1.31
TUA: 1.71
The chart of Omega ratio for CDX, currently valued at 1.27, compared to the broader market0.501.001.502.00
CDX: 1.27
TUA: 1.21
The chart of Calmar ratio for CDX, currently valued at 1.57, compared to the broader market0.002.004.006.008.0010.0012.00
CDX: 1.57
TUA: 0.64
The chart of Martin ratio for CDX, currently valued at 7.21, compared to the broader market0.0020.0040.0060.00
CDX: 7.21
TUA: 2.16

The current CDX Sharpe Ratio is 0.83, which is comparable to the TUA Sharpe Ratio of 1.13. The chart below compares the historical Sharpe Ratios of CDX and TUA, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
0.83
1.13
CDX
TUA

Dividends

CDX vs. TUA - Dividend Comparison

CDX's dividend yield for the trailing twelve months is around 11.40%, more than TUA's 4.65% yield.


TTM202420232022
CDX
Simplify High Yield PLUS Credit Hedge ETF
11.40%12.60%5.26%7.51%
TUA
Simplify Short Term Treasury Futures Strategy ETF
4.65%5.19%4.83%0.15%

Drawdowns

CDX vs. TUA - Drawdown Comparison

The maximum CDX drawdown since its inception was -13.24%, smaller than the maximum TUA drawdown of -15.85%. Use the drawdown chart below to compare losses from any high point for CDX and TUA. For additional features, visit the drawdowns tool.


-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-6.75%
-6.73%
CDX
TUA

Volatility

CDX vs. TUA - Volatility Comparison

Simplify High Yield PLUS Credit Hedge ETF (CDX) has a higher volatility of 15.42% compared to Simplify Short Term Treasury Futures Strategy ETF (TUA) at 3.44%. This indicates that CDX's price experiences larger fluctuations and is considered to be riskier than TUA based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.42%
3.44%
CDX
TUA