NYSE Arca · ETF
Invest in CDX ETF from India
Indian and foreign residents can buy Simplify High Yield ETF (CDX) units directly through Paasa.
By Paasa · Updated
CDX at a glance
- Price
- $20.17-$0.01 (0.05%)
- Expense ratio
- 0.5%
- Day range
- $20.15 – $20.31
- Assets
- $328.0M
- Domicile
- the US
- Holdings
- 235
- Launched
- 2022
- Dividends
- Distributing
- 1 month
- -1.99%
- 6 months
- -5.48%
- YTD
- -9.51%
- 1 year
- -11.96%
- 5 years
- —
Price change, excluding dividends.
Top 10 holdings
- 1SIMPLIFY E GOVT MONEY MKT ETF75.1%
- 2TRS HYG SOFR -70 05142734.9%
- 3TRS HYG SOFR -65 11162632.6%
- 4TRS HYG SOFR -65 10152630.5%
- 5TRS UBSMQLTP SOFR +30 09232724.6%
- 6TRS UBSMPODL SOFR -05 09232723.6%
- 7B 12/3/26 Govt7.5%
- 8B 12/31/26 Govt6.8%
- 9B 3/11/27 Govt5.8%
- 10B 1/28/27 Govt4.1%
CDX holds 235 securities in total. These 10 are 245.6% of the fund.
Where the money is invested
Sectors
- Technology25.3%
- Industrials14.9%
- Healthcare13.6%
- Financial Services12.3%
- Consumer Cyclical9.6%
- Energy7.2%
Countries
- United States99.2%
- Other1.0%
- Ireland0.5%
- Switzerland0.3%
How to invest in CDX from India
Step 1
Open your Paasa account
KYC takes a few minutes: PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Step 2
Add funds from your Indian bank account
Remit up to $250,000 a year under the RBI's Liberalised Remittance Scheme. Your bank converts the rupees to US dollars at its rate on the day you remit.
Step 3
Search CDX and buy
Find the fund by its ticker, CDX, on NYSE Arca, and place your order. Fractional units are available and there is no minimum trade size, so you can buy by amount.
Why invest in CDX from India
What CDX holds
The Simplify High Yield ETF (CDX) is engineered to generate substantial current income. It achieves this by primarily allocating its capital to high-yield bonds, while simultaneously deploying strategies to reduce inherent credit risk.
Hold a dollar asset
CDX is priced in US dollars, so a weaker rupee adds to what it's worth in rupees. The rupee depreciated over 85% against the dollar between 2010 and 2025.
Buy a fraction of a unit
Buy by amount, not by unit, and get the matching fraction of one CDX unit. There is no minimum trade size.
Paasa handles the paperwork
Investing abroad brings paperwork with it: remittance filings, capital gains reporting, foreign asset disclosure. Paasa prepares all of it for you. Your India-ready tax reports arrive at year end, ready to file.
Planning to hold more than $60,000 in US ETFs? Here's what US estate tax means for you.
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family.
A UCITS ETF tracking a similar market sits outside US estate tax.
Frequently asked questions
Can I buy CDX from India?
Yes. Indian residents can buy Simplify High Yield ETF (CDX) through Paasa. It is listed on NYSE Arca and trades in US dollars. Your money leaves India under the RBI's Liberalised Remittance Scheme, and the units are held in your own name at Interactive Brokers.
What does CDX invest in?
Simplify High Yield ETF holds 235 securities. Its largest holdings are SIMPLIFY E GOVT MONEY MKT ETF (75.1%), TRS HYG SOFR -70 051427 (34.9%) and TRS HYG SOFR -65 111626 (32.6%). Technology is its largest sector at 25.3%. It is a distributing fund domiciled in the US.
What is the expense ratio of CDX?
Simplify High Yield ETF has an expense ratio of 0.5% a year, taken from the fund's assets rather than billed to you. The fund manages about $328.0M.
How are CDX dividends taxed in India?
Simplify High Yield ETF is a distributing fund. It pays the dividends from its holdings out to you in cash. Dividends are taxed at your slab rate in India. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
What tax do I pay in India when I sell CDX?
The US does not levy capital gains tax on shares for Indian residents. Gains are taxable in India. Debt-oriented funds can be taxed differently from equity funds, so confirm your rate before selling. The gain is worked out in rupees at the USD/INR rate on the day you bought and the day you sold, so the currency move is part of the gain. Paasa's capital-gains statement gives you the figures for your return.
Can I buy a fraction of one CDX unit?
Yes. You can buy by amount rather than by unit and add to your position over time. One unit is $20.17, and there is no minimum trade size.
What happens to my CDX units if I pass away?
US-domiciled ETFs held in your own name fall under US estate tax rules. If your US holdings cross $60,000, the amount above that can be taxed at up to 40% when the account passes to your family. A UCITS ETF tracking a similar market sits outside US estate tax. Paasa's US estate tax calculator shows the exposure for a given portfolio value.