---
ticker: "CDX"
name: "Simplify High Yield ETF"
url: "https://etf.net/etf/CDX"
grade: "D"
score: 30
graded_at: "2026-10-12"
category: "US High Yield"
category_rank: "75 of 85"
methodology: "https://etf.net/methodology"
---

# CDX: Simplify High Yield ETF

Grade **D**, Score 30 of 100. Rank 75 of 85 in US High Yield.

Graded Oct 12, 2026.

## Grade pillars

| Pillar | Score | Category rank |
| --- | --- | --- |
| Cost | 36 | 52 of 85 |
| Mission | 32 | 66 of 74 |
| Risk | 10 | 83 of 85 |
| Tradability | 46 | 44 of 85 |
| Holdings | 7 | 85 of 85 |
| Durability | 50 | 50 of 85 |

## Top holdings

The fund holds 114 positions. These are the largest 30, by weight.

| # | Ticker | Name | Weight |
| --- | --- | --- | --- |
| 1 | SBIL | Simplify E Govt Money Mkt Etf | 73.74% |
| 2 | — | Trs Hyg 051427 | 34.53% |
| 3 | — | Trs Hyg 111626 | 32.29% |
| 4 | — | Trs Hyg 101526 | 31.15% |
| 5 | — | Trs Ubsmqltp 092327 | 24.70% |
| 6 | — | Trs Ubsmpodl 092327 | 23.63% |
| 7 | — | B 12/3/26 Govt | 7.67% |
| 8 | — | B 12/31/26 Govt | 6.99% |
| 9 | — | B 3/11/27 Govt | 5.97% |
| 10 | — | B 1/28/27 Govt | 4.21% |
| 11 | NTAP | NetApp Inc | 0.30% |
| 12 | SNPS | Synopsys Inc | 0.30% |
| 13 | — | Cash | 0.29% |
| 14 | ACN | Accenture PLC | 0.28% |
| 15 | CDNS | Cadence Design Systems Inc | 0.28% |
| 16 | — | Cboe Global Markets Inc | 0.27% |
| 17 | TT | Trane Technologies PLC | 0.26% |
| 18 | MSFT | Microsoft Corp | 0.26% |
| 19 | IT | Gartner Inc | 0.26% |
| 20 | CSCO | Cisco Systems Inc | 0.26% |
| 21 | EOG | EOG Resources Inc | 0.26% |
| 22 | V | Visa Inc | 0.26% |
| 23 | MA | Mastercard Inc | 0.26% |
| 24 | ADSK | Autodesk Inc | 0.26% |
| 25 | PM | Philip Morris International In | 0.26% |
| 26 | MAR | Marriott International Inc/MD | 0.26% |
| 27 | ABBV | AbbVie Inc | 0.26% |
| 28 | EMR | Emerson Electric Co | 0.25% |
| 29 | AMAT | Applied Materials Inc | 0.25% |
| 30 | DELL | Dell Technologies Inc | 0.25% |

Source: etf.net, https://etf.net/etf/CDX. Please cite the page URL.