Simplify Interest Rate Hedge ETF (PFIX)
| Assets | $133.60M |
| Expense Ratio | 0.50% |
| PE Ratio | n/a |
| Shares Out | 2.35M |
| Dividend (ttm) | $1.89 |
| Dividend Yield | 3.19% |
| Ex-Dividend Date | Apr 25, 2025 |
| Payout Ratio | n/a |
| 1-Year Return | +19.70% |
| Volume | 182,937 |
| Open | 59.26 |
| Previous Close | 59.20 |
| Day's Range | 58.71 - 59.92 |
| 52-Week Low | 37.00 |
| 52-Week High | 58.20 |
| Beta | -1.55 |
| Holdings | 14 |
| Inception Date | May 10, 2021 |
About PFIX
Fund Home PageThe 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.
Top 10 Holdings
99.66% of assets| Name | Symbol | Weight |
|---|---|---|
| T 0 1/4 09/30/25 Govt | T 0.25 09.30.25 | 31.19% |
| B 08/05/25 Govt | B 0 08.05.25 | 26.16% |
| SWAPTION 05/10/2030 P4.50/SOFR MSX | SWO450MSY | 18.18% |
| B 07/08/25 Govt | B 0 07.08.25 | 8.39% |
| B 07/29/25 Govt | B 0 07.29.25 | 4.97% |
| B 06/17/25 Govt | B 0 06.17.25 | 4.92% |
| SWAPTION 05/10/2030 P4.50/SOFR GSX | SWO450GSY | 3.14% |
| SWAPTION 05/10/2030 P4.50/SOFR JPM | SWO450JPY | 1.03% |
| B 08/26/25 Govt | B 0 08.26.25 | 0.99% |
| SWAPTION 05/10/2030 P4.50/SOFR BRC | SWO450BRY | 0.69% |
Dividends
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Apr 25, 2025 | $0.150 | Apr 30, 2025 |
| Mar 26, 2025 | $0.150 | Mar 31, 2025 |
| Feb 25, 2025 | $0.100 | Feb 28, 2025 |
| Jan 28, 2025 | $0.100 | Jan 31, 2025 |
| Dec 23, 2024 | $0.14787 | Dec 31, 2024 |
| Nov 25, 2024 | $0.180 | Nov 29, 2024 |
News
Net Asset Value Restatement for Simplify Interest Rate Hedge ETF (PFIX)
NEW YORK--(BUSINESS WIRE)--Simplify announces that NAV per share of the PFIX ETF from February 25 to March 7, 2025 has been restated effective March 11, 2025.
PFIX: A Great ETF To Hedge One's Bond Portfolio
The Simplify Interest Rate Hedge ETF offers a bond portfolio hedged against interest rate hikes, mainly investing in treasury bills and interest rate derivatives. PFIX has high volatility but impressi...
PFIX: Whopper Yield Won't Last, This Is A Hedging Tool
PFIX functions as a hedge against interest rate hikes, using long-dated options on 20-year US Treasury bonds and Treasuries. With the Federal Reserve cutting rates, PFIX's near-term returns are likely...
PFIX: Today's Stimulus Sows Tomorrow's Inflation
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PFIX: Trump Policies Potentially Inflationary
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PFIX: Good Product But Risky Part Of Cycle
Simplify Interest Rate Hedge ETF has thrived in performance and growth, offering a hedge against rising long-term interest rates. PFIX is constructed with a significant position in over-the-counter in...
PFIX: Revisiting Long Thesis As A Hedge
PFIX ETF's share price has declined considerably since my November downgrade, tracking the decline in long-term treasury yields. However, the long-term drivers of higher treasury yields have not been ...
PFIX: Leveraged Short On Long Bonds, Time To Divest
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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...
PFIX: Tactically Neutral On Interest Rates (Ratings Downgrade)
Simplify Interest Rate Hedge ETF has returned over 25% since August, offsetting fixed income losses from rising interest rates. However, Treasury Department's recent Quarterly Refunding Announcement a...
PFIX Has A Lot Left In The Tank
Simplify Interest Rate Hedge ETF is an interest rate hedging instrument that invests in US Treasury bonds and uses swaptions to benefit from rising interest rates. The PFIX ETF will likely benefit fro...
PFIX: Continue To Recommend As A Hedge Against Rising Long-Term Yields
The PFIX ETF provides a hedge against rising long-term interest rates through a portfolio of OTC interest rate derivatives. Assets in the PFIX ETF have decreased by half as traders believe the top in ...
PFIX: Playing A Summer Bid In Treasuries, Shifting To A Sell
Rate risks have turned and are now skewed to the downside amid softening economic data following the yield rise since the start of Q2. PFIX's performance has languished as yields have stabilized, with...
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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...
PFIX: Rate-Hedged ETF A Buy Following The Yield Plunge
PFIX was a top-performing bond ETF in 2022 as interest rates increased. With the latest drop in rates, investors have a chance to re-enter PFIX at favorable relative levels.
PFIX: Buy It As A Hedge Against Higher Interest Rates
PFIX owns a portfolio of OTC swaptions that hedge rising interest rates. Interest rates appear to be reaccelerating higher as the Fed is intent on 'higher for longer' and the economy is more resilient...
PFIX: Effective Interest Rate Hedge ETF, Uncompelling Risk-Return Profile
PFIX provides investors with a simple, incredibly effective way to profit from higher interest rates. Interest rates have risen all year, with PFIX seeing returns of over 90% for the same.
This interest rate hedge ETF has soared 60% this year as stocks, bonds sink in market carnage
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PFIX: ETF Providing Simple And Transparent Interest Rate Hedge
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Profit From Higher Interest Rates With PFIX
Inflation is skyrocketing, leading to higher interest rates. PFIX provides investors with a simple, effective way to profit from higher interest rates.