Simplify Interest Rate Hedge ETF (PFIX)

NYSEARCA: PFIX · IEX Real-Time Price · USD
47.73
-0.33 (-0.69%)
May 24, 2024, 4:00 PM EDT - Market closed
-0.69%
Assets $146.67M
Expense Ratio 0.50%
PE Ratio n/a
Shares Out 3.03M
Dividend (ttm) $32.63
Dividend Yield 68.36%
Ex-Dividend Date May 24, 2024
Payout Ratio n/a
1-Year Return -30.23%
Volume 17,747
Open 48.25
Previous Close 48.06
Day's Range 47.73 - 47.73
52-Week Low 37.83
52-Week High 114.42
Beta -0.77
Holdings 12
Inception Date May 10, 2021

About PFIX

Fund Home Page

The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is issued by Simplify.

Asset Class Alternatives
Category Global Large-Stock Value
Region North America
Stock Exchange NYSEARCA
Ticker Symbol PFIX
ETF Provider Simplify

Top 10 Holdings

100.17% of assets
Name Symbol Weight
T 0 1/4 09/30/25 Govt T 0.25 09.30.25 33.09%
B 08/13/24 Govt B 0 08.13.24 27.31%
B 07/05/24 Govt B 0 07.05.24 23.49%
SWAPTION 4.5% SOFR 5/10/30 MSX SWO450MSY 5.98%
SWAPTION 05/10/2030 P4.25/SOFR BOY SWO425BOY 2.60%
SWAPTION 05/10/2030 P4.25/SOFR GSY SWO425GSY 2.14%
SWAPTION 4.5% SOFR 5/10/30 BRC SWO450BRY 2.02%
SWAPTION 05/10/30 P4.50/SOFR GSX SWO450GSY 1.85%
Cash Cash 1.69%
IRS 2.11 5/15/48 IRS211548 0.01%
View More Holdings

Dividends

Ex-Dividend Amount Pay Date
May 24, 2024 $0.140 May 31, 2024
Apr 25, 2024 $0.120 Apr 30, 2024
Mar 25, 2024 $0.100 Mar 28, 2024
Feb 26, 2024 $0.100 Feb 29, 2024
Jan 26, 2024 $0.070 Jan 31, 2024
Dec 26, 2023 $31.49577 Dec 29, 2023
Full Dividend History

News

Simplify Provides Estimated Capital Gain Distribution Information for 2023

NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.

5 months ago - Business Wire

PFIX: An ETF Thriving Amid Bond Volatility

The roughly $240 million Simplify Interest Rate Hedge ETF (PFIX) is up 37% in 2023, outperforming most bond ETF or mutual funds in the US. Since the end of 2021, just before the Federal Reserve starte...

7 months ago - Bloomberg Markets and Finance

Top 4 Best and Worst Performing ETFs of 2022

An Exchange Traded Fund (ETF) is a basket of stocks that usually tracks a specific index, industry or theme. ETFs can act as a great way to ensure diversification, without needing to buy and sell indi...

Other symbols: DAPPIBUYTUR
1 year ago - GuruFocus

How Investors Can Tap Into Derivatives With ETFs

Harley Bassman, managing partner at Simplify, discusses his firm's sophisticated derivative ETF strategies.

Other symbols: CTA
1 year ago - ETFcom

Best Performing ETFs of 2022

Energy ETFs dominated 2022's top funds.

Other symbols: OIHTURXLE
1 year ago - ETFcom

Invesco, Advocate See US Moving Toward Recovery

Cooling inflation data is encouraging ETF industry players.

1 year ago - ETFcom

Goldman Sees Slowdown Coming, Recession Not Certain

‘Passive doesn't work,' and alternative investments may do better, execs say.

Other symbols: DBMFKMLM
1 year ago - ETFcom

Alternatives ETFs Offer Bright Spots in Tough Market

Despite success, the category has largely been overlooked.

Other symbols: DBMFKMLMVTI
1 year ago - ETFcom

This interest rate hedge ETF has soared 60% this year as stocks, bonds sink in market carnage

Hi! This week's ETF Wrap looks at an interest rate hedge ETF that is producing massive gains amid the carnage of 2022, along with other funds that investors might consider amid concerns over elevated ...

1 year ago - Market Watch

Chasing inflation

Other symbols: TIP
1 year ago - CNBC Television

Best Performing ETFs Of The Year

These funds bucked the downtrend in the broader financial markets.

2 years ago - ETFcom

10 Defensive ETFs to Protect Your Portfolio

It's hard to blame investors for wanting to dive into a safe room following the S&P 500's worst first half of a year since 1970. Fortunately, they can find the protection they seek via defensive excha...

2 years ago - Kiplinger

Advisors Have Plenty Of Worries, But ETFs Can Help

The first day of the Exchange conference in Florida closed out with an interesting panel on advisors and ETFs.

Other symbols: INFLNTSXPPI
2 years ago - ETFcom

Inflation-fighting ETFs: How to invest

The Amplify Inflation Fighter ETF provides investors with access to a mix of stocks and commodities that seek to benefit directly or indirectly from inflation.

Other symbols: GCCGLDIWINRISRTAGS
2 years ago - Fox Business

Simplify Asset Management Launches the Simplify Risk Parity Treasury ETF (TYA)

NEW YORK--(BUSINESS WIRE)--Simplify is today launching TYA, the Simplify Risk Parity Treasury ETF, provides significant duration via modest capital allocation

2 years ago - Business Wire

These ETFs hedge against rising interest rates and volatility. Here's how risky it is to invest

Simplicity's strategies use options to shield portfolios from big spikes from interest rate jitters or volatility, co-founder and CEO Paul Kim says.

Other symbols: SVOL
2 years ago - CNBC

ETF Edge, August 30, 2021

CNBC's Bob Pisani talks hedging strategies and downside protection with Simplify ETFs CEO Paul Kim and ETF Trends Chief Investment Officer Dave Nadig.

Other symbols: SPBCSPDSPYCSVOLTLT
2 years ago - CNBC Television