AUM $179.3MER 0.50%NAV $51.97Holdings 13Inception May 2021
Price Chart
Key Statistics
Previous Close
$50.50Day Range
$50.58$51.84
52-Week Range
$41.54$57.88
Avg Volume
217.0KDividend Yield
11.30%Expense Ratio
0.50%AUM
$179.3MShares Outstanding
3.3METF Grades
?ETF Grades compare this fund against others in the same category using percentile rankings across six factors. Grades range from A+ (top 5%) to F (bottom 20%). Updated daily.Sector Breakdown
| Sector | Weight % |
|---|---|
| Cash & Others | 86.01% |
| Financial Services | 13.99% |
Country Allocation
| Country | Weight % |
|---|---|
| Other | 85.75% |
| United States | 14.25% |
Fund Information
- Issuer
- Simplify
- Category
- Cash & Others
- Inception Date
- May 9, 2021
- Exchange
- NYSE_ARCA
- Description
- The Simplify Interest Rate Hedge ETF (PFIX) seeks to hedge interest rate movements arising from rising long-term interest rates and to benefit from market stress when fixed income volatility increases. The fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility. Using OTC derivatives, usually only available to institutional investors, PFIX is designed to be functionally similar to owning a position in long-dated put options on 20-year US Treasury bonds. Since the option position is held for an extended period, the ETF provides a simple and transparent interest rate hedge.
Similar ETFs
The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund issued by Simplify that launched on May 9, 2021. It currently manages $179.3M in assets under management. The fund charges an expense ratio of 0.50%. The fund holds 13 securities in its portfolio. It falls under the Cash & Others category.
Top 10 holdings represent 99.6% of the fund
| Rank | Symbol | Name | Weight % | Shares | Market Value |
|---|---|---|---|---|---|
| 1 | — | B 12/31/26 Govt | 25.03% | 46,300,000 | $45.7M |
| 2 | — | B 12/3/26 Govt | 20.36% | 37,550,000 | $37.2M |
| 3 | SBIL | SIMPLIFY E GOVT MONEY MKT ETF | 14.25% | 259,291 | $26.0M |
| 4 | — | SWAPTION 05/10/2030 P4.50/SOFR MSX | 13.12% | 1,045,000,000 | $23.9M |
| 5 | — | B 1/28/27 Govt | 12.89% | 23,920,000 | $23.5M |
| 6 | — | B 10/15/26 Govt | 3.68% | 6,750,000 | $6.7M |
| 7 | — | SWAPTION 06/16/2032 P5.00/SOFR GSX | 3.55% | 607,000,000 | $6.5M |
| 8 | — | SWAPTION 06/16/2032 P4.75/SOFR JPM | 2.85% | 362,000,000 | $5.2M |
| 9 | — | SWAPTION 05/10/2030 P4.50/SOFR GSX | 2.17% | 315,000,000 | $4.0M |
| 10 | — | SWAPTION 06/16/2032 P5.00/SOFR MSX | 1.69% | 234,000,000 | $3.1M |
| 11 | — | SWAPTION 06/16/2032 P5.00/SOFR CIT | 1.12% | 120,000,000 | $2.0M |
| 12 | — | SWAPTION 06/16/2032 P5.00/SOFR BOA | 0.91% | 152,000,000 | $1.7M |
| 13 | — | SWAPTION 06/16/2032 P5.00/SOFR JPM | 0.85% | 178,000,000 | $1.6M |
| 14 | — | SWAPTION 06/16/2032 P4.80/SOFR GSX | 0.72% | 86,000,000 | $1.3M |
| 15 | — | SWAPTION 06/16/2032 P4.50/SOFR GSX | 0.43% | 130,000,000 | $782K |
Detailed Returns
| Period | Return | ETF |
|---|---|---|
| 1D | +1.66% | |
| 1W | -4.42% | |
| 1M | +7.26% | |
| 3M | +10.00% | |
| 6M | +23.58% | |
| YTD | +4.36% | |
| 1Y | -7.47% | |
| 3Y | -33.72% | |
| 5Y | +29.34% |
Moving Averages
20-Day MA
$51.59
Below 20-Day MA50-Day MA
$47.98
Above 50-Day MA200-Day MA
$47.07
Above 200-Day MAPrice with Moving Averages
Support & Resistance
52-Week High
$57.88
Current Price
$51.34
52-Week Low
$41.54
$41.54$57.88
Current Yield
11.30%
Annual Dividend
$0.4000
Frequency
Monthlyx/year
Last Ex-Date
May 26, 2026
Dividend History
| Ex-Date | Amount | Pay Date |
|---|---|---|
| May 26, 2026 | $0.1000 | May 29, 2026 |
| Apr 27, 2026 | $0.1000 | Apr 30, 2026 |
| Mar 26, 2026 | $0.1000 | Mar 31, 2026 |
| Feb 24, 2026 | $0.1000 | Feb 27, 2026 |
| Jan 27, 2026 | $0.1000 | Jan 30, 2026 |
| Dec 23, 2025 | $2.6100 | Dec 31, 2025 |
| Dec 23, 2025 | $2.6098 | Dec 31, 2025 |
| Nov 21, 2025 | $0.1000 | Nov 28, 2025 |
| Oct 28, 2025 | $0.1000 | Oct 31, 2025 |
| Sep 25, 2025 | $0.1000 | Sep 30, 2025 |
| Aug 26, 2025 | $0.6000 | Aug 29, 2025 |
| Jul 28, 2025 | $0.6000 | Jul 31, 2025 |
| Jun 25, 2025 | $0.1200 | Jun 30, 2025 |
| May 27, 2025 | $0.1500 | May 30, 2025 |
| Apr 25, 2025 | $0.1500 | Apr 30, 2025 |
| Mar 26, 2025 | $0.1500 | Mar 31, 2025 |
| Feb 25, 2025 | $0.1000 | Feb 28, 2025 |
| Jan 28, 2025 | $0.1000 | Jan 31, 2025 |
| Dec 23, 2024 | $0.1479 | Dec 31, 2024 |
| Nov 25, 2024 | $0.1800 | Nov 29, 2024 |
Dividend Payments Over Time
Category Comparison
| Metric | PFIX | Cash & Others(1019 ETFs) | Income(1130 ETFs) |
|---|---|---|---|
| Fund Info | |||
| Expense Ratio | 0.50% | 0.62% | 0.69% |
| AUM | $179.3M | $2.98B | $1.59B |
| Dividend Yield | 11.30% | 9.29% | 11.21% |
| Avg Volume | 217.0K | 843.5K | 204.9K |
| Holdings | 13 | 399 | 179 |
| Performance | |||
| 1-Month Return | -3.31% | +1.52% | +1.99% |
| 6-Month Return | +11.65% | +4.85% | +1.28% |
| YTD Return | +5.36% | +5.87% | -0.32% |
| 1-Year Return | +2.91% | +3.99% | -1.59% |
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