Correlation
The correlation between XPTFX and CDX is 0.39, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
XPTFX vs. CDX
Compare and contrast key facts about Federated Hermes Project and Trade Finance Tender Fund (XPTFX) and Simplify High Yield PLUS Credit Hedge ETF (CDX).
XPTFX is managed by Federated. It was launched on Jan 31, 2017. CDX is an actively managed fund by Simplify. It was launched on Feb 14, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: XPTFX or CDX.
Performance
XPTFX vs. CDX - Performance Comparison
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Key characteristics
XPTFX:
1.12%
CDX:
16.72%
XPTFX:
-0.10%
CDX:
-13.24%
XPTFX:
0.00%
CDX:
-5.53%
Returns By Period
XPTFX
N/A
N/A
N/A
N/A
N/A
N/A
N/A
CDX
9.00%
1.18%
6.67%
14.71%
8.28%
N/A
N/A
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XPTFX vs. CDX - Expense Ratio Comparison
XPTFX has a 0.41% expense ratio, which is higher than CDX's 0.26% expense ratio.
Risk-Adjusted Performance
XPTFX vs. CDX — Risk-Adjusted Performance Rank
XPTFX
CDX
XPTFX vs. CDX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Federated Hermes Project and Trade Finance Tender Fund (XPTFX) 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.
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Dividends
XPTFX vs. CDX - Dividend Comparison
XPTFX's dividend yield for the trailing twelve months is around 7.39%, less than CDX's 11.62% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
XPTFX Federated Hermes Project and Trade Finance Tender Fund | 7.39% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
CDX Simplify High Yield PLUS Credit Hedge ETF | 11.62% | 12.60% | 5.26% | 7.51% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
XPTFX vs. CDX - Drawdown Comparison
The maximum XPTFX drawdown since its inception was -0.10%, smaller than the maximum CDX drawdown of -13.24%. Use the drawdown chart below to compare losses from any high point for XPTFX and CDX.
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Volatility
XPTFX vs. CDX - Volatility Comparison
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