Simplify Interest Rate Hedge ETF (PFIX)
PFIX is an actively managed ETF by Simplify Asset Management Inc.. PFIX launched on May 10, 2021 and has a 0.50% expense ratio.
ETF Info
May 10, 2021
North America (U.S.)
1x
No Index (Active)
Expense Ratio
PFIX has an expense ratio of 0.50%, placing it in the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
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Returns By Period
Simplify Interest Rate Hedge ETF (PFIX) returned 18.88% year-to-date (YTD) and 33.96% over the past 12 months.
PFIX
18.88%
11.73%
24.70%
33.96%
30.27%
N/A
N/A
^GSPC (Benchmark)
-1.34%
5.80%
-2.79%
9.39%
13.76%
14.45%
10.68%
Monthly Returns
The table below presents the monthly returns of PFIX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.36% | -13.82% | 6.74% | 9.87% | 16.05% | 18.88% | |||||||
| 2024 | 8.86% | 7.66% | -3.88% | 21.34% | -8.47% | -2.99% | -5.07% | -5.95% | -2.45% | 17.83% | -5.25% | 15.19% | 35.94% |
| 2023 | -16.47% | 8.46% | -5.90% | 3.05% | 5.56% | -4.87% | 8.07% | 12.84% | 25.25% | 12.66% | -18.46% | -20.23% | -1.27% |
| 2022 | 8.29% | 4.82% | 16.97% | 17.24% | -6.43% | 3.29% | -10.14% | 11.46% | 20.76% | 13.96% | -12.82% | 6.24% | 92.05% |
| 2021 | -2.25% | -15.30% | -2.08% | -1.94% | 2.28% | -1.35% | -1.50% | -5.00% | -24.95% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
With an overall rank of 77, PFIX is among the top 23% of ETFs on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Simplify Interest Rate Hedge ETF (PFIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
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Dividends
Dividend History
Simplify Interest Rate Hedge ETF provided a 2.84% dividend yield over the last twelve months, with an annual payout of $1.75 per share.
| Period | TTM | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Dividend | $1.75 | $1.78 | $32.40 | $0.45 | $0.00 |
Dividend yield | 2.84% | 3.40% | 80.99% | 0.63% | 0.00% |
Monthly Dividends
The table displays the monthly dividend distributions for Simplify Interest Rate Hedge ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.10 | $0.10 | $0.15 | $0.15 | $0.00 | $0.50 | |||||||
| 2024 | $0.07 | $0.10 | $0.10 | $0.12 | $0.14 | $0.16 | $0.18 | $0.20 | $0.20 | $0.18 | $0.18 | $0.15 | $1.78 |
| 2023 | $0.10 | $0.00 | $0.00 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $0.10 | $31.50 | $32.40 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.01 | $0.03 | $0.05 | $0.05 | $0.12 | $0.18 | $0.45 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
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Worst Drawdowns
The table below displays the maximum drawdowns of the Simplify Interest Rate Hedge ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Simplify Interest Rate Hedge ETF was 39.52%, occurring on Sep 16, 2024. Recovery took 170 trading sessions.
The current Simplify Interest Rate Hedge ETF drawdown is 2.39%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -39.52% | Oct 23, 2023 | 226 | Sep 16, 2024 | 170 | May 21, 2025 | 396 |
| -32.2% | Oct 25, 2022 | 69 | Feb 2, 2023 | 159 | Sep 21, 2023 | 228 |
| -26.04% | May 13, 2021 | 162 | Dec 31, 2021 | 59 | Mar 28, 2022 | 221 |
| -25.57% | Jun 15, 2022 | 32 | Aug 1, 2022 | 39 | Sep 26, 2022 | 71 |
| -18.75% | May 9, 2022 | 15 | May 27, 2022 | 11 | Jun 14, 2022 | 26 |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
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