FLXI vs. CRDT
FLXI (Invesco Flexible Income ETF) and CRDT (Simplify Opportunistic Income ETF) are both Multisector Bonds funds. Both are actively managed. A 0.58 correlation means they provide meaningful diversification when combined. FLXI charges 0.39%/yr vs 0.50%/yr for CRDT.
Performance
FLXI vs. CRDT - Performance Comparison
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Returns By Period
FLXI
- 1D
- 0.18%
- 1M
- 0.26%
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
CRDT
- 1D
- 0.33%
- 1M
- -0.49%
- YTD
- 3.71%
- 6M
- 3.84%
- 1Y
- 4.66%
- 3Y*
- 4.47%
- 5Y*
- —
- 10Y*
- —
FLXI vs. CRDT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
FLXI Invesco Flexible Income ETF | 8,673.64% |
CRDT Simplify Opportunistic Income ETF | 3.94% |
Correlation
The correlation between FLXI and CRDT is 0.58, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Feb 6, 2026 | 0.58 |
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Return for Risk
FLXI vs. CRDT — Risk / Return Rank
FLXI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
CRDT
FLXI vs. CRDT - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Invesco Flexible Income ETF (FLXI) and Simplify Opportunistic Income ETF (CRDT). 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| FLXI | CRDT | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.10 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 0.65 | — |
| Martin ratioReturn relative to average drawdown | — | 2.26 | — |
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Drawdowns
FLXI vs. CRDT - Drawdown Comparison
The maximum FLXI drawdown since its inception was -3.52%, smaller than the maximum CRDT drawdown of -9.80%. Use the drawdown chart below to compare losses from any high point for FLXI and CRDT.
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Drawdown Indicators
| FLXI | CRDT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -3.52% | -9.80% | +6.28% |
Max Drawdown (1Y)Largest decline over 1 year | — | -7.18% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -9.80% | — |
Current DrawdownCurrent decline from peak | -0.51% | -1.58% | +1.07% |
Average DrawdownAverage peak-to-trough decline | -1.27% | -2.32% | +1.05% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.06% | — |
Volatility
FLXI vs. CRDT - Volatility Comparison
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Volatility by Period
| FLXI | CRDT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.28% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.50% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 13,903.83% | 9.54% | +13,894.29% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13,903.83% | 7.31% | +13,896.52% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13,903.83% | 7.31% | +13,896.52% |
FLXI vs. CRDT - Expense Ratio Comparison
FLXI has a 0.39% expense ratio, which is lower than CRDT's 0.50% expense ratio.
Dividends
FLXI vs. CRDT - Dividend Comparison
FLXI's dividend yield for the trailing twelve months is around 1.69%, less than CRDT's 6.08% yield.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
CRDT Simplify Opportunistic Income ETF | 6.08% | 7.04% | 7.29% | 2.59% |
FLXI Invesco Flexible Income ETF | 1.69% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
FLXI and CRDT have a correlation of 0.58, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, FLXI is cheaper at 0.39% per year. The better choice depends on whether you care most about return, fees, risk, or income.
FLXI is cheaper with a 0.39% expense ratio, compared with 0.50% for CRDT.
CRDT has the higher dividend yield at 6.08%, compared with 1.69% for FLXI.
They also come from different issuers: Invesco and Simplify. Their fees differ too: 0.39% for FLXI and 0.50% for CRDT.
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