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Simplify Interest Rate Hedge ETF (PFIX)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

IssuerSimplify Asset Management Inc.
Inception DateMay 10, 2021
RegionNorth America (U.S.)
CategoryHedge Fund, Actively Managed
Index TrackedNo Index (Active)
Asset ClassAlternatives

Expense Ratio

The Simplify Interest Rate Hedge ETF has a high expense ratio of 0.50%, indicating higher-than-average management fees.


0.50%1.00%1.50%2.00%0.50%

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Simplify Interest Rate Hedge ETF

Popular comparisons: PFIX vs. DBMF, PFIX vs. SGOV, PFIX vs. DVN, PFIX vs. VOO, PFIX vs. SPY, PFIX vs. ARKK, PFIX vs. SPLG, PFIX vs. DSTL, PFIX vs. VTIP, PFIX vs. KMLM

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify Interest Rate Hedge ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2024FebruaryMarchApril
-7.15%
15.50%
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Simplify Interest Rate Hedge ETF had a return of 38.02% year-to-date (YTD) and 54.56% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date38.02%5.90%
1 month15.23%-1.28%
6 months-7.15%15.51%
1 year54.56%21.68%
5 years (annualized)N/A11.74%
10 years (annualized)N/A10.50%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20248.86%7.66%-3.88%
202325.25%12.66%-18.46%-20.23%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of PFIX is 71, suggesting that the investment has average results relative to the market in terms of risk-adjusted performance. This ranking is determined by the cumulative values of the indicators listed below.

The Risk-Adjusted Performance Rank of PFIX is 7171
Simplify Interest Rate Hedge ETF(PFIX)
The Sharpe Ratio Rank of PFIX is 7474Sharpe Ratio Rank
The Sortino Ratio Rank of PFIX is 7474Sortino Ratio Rank
The Omega Ratio Rank of PFIX is 7272Omega Ratio Rank
The Calmar Ratio Rank of PFIX is 8181Calmar Ratio Rank
The Martin Ratio Rank of PFIX is 5757Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

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.


PFIX
Sharpe ratio
The chart of Sharpe ratio for PFIX, currently valued at 1.47, compared to the broader market0.002.004.001.47
Sortino ratio
The chart of Sortino ratio for PFIX, currently valued at 2.19, compared to the broader market-2.000.002.004.006.008.0010.002.19
Omega ratio
The chart of Omega ratio for PFIX, currently valued at 1.25, compared to the broader market1.001.502.002.501.25
Calmar ratio
The chart of Calmar ratio for PFIX, currently valued at 1.52, compared to the broader market0.002.004.006.008.0010.0012.001.52
Martin ratio
The chart of Martin ratio for PFIX, currently valued at 3.29, compared to the broader market0.0020.0040.0060.0080.003.29
^GSPC
Sharpe ratio
The chart of Sharpe ratio for ^GSPC, currently valued at 1.89, compared to the broader market0.002.004.001.89
Sortino ratio
The chart of Sortino ratio for ^GSPC, currently valued at 2.74, compared to the broader market-2.000.002.004.006.008.0010.002.74
Omega ratio
The chart of Omega ratio for ^GSPC, currently valued at 1.33, compared to the broader market1.001.502.002.501.33
Calmar ratio
The chart of Calmar ratio for ^GSPC, currently valued at 1.43, compared to the broader market0.002.004.006.008.0010.0012.001.43
Martin ratio
The chart of Martin ratio for ^GSPC, currently valued at 7.62, compared to the broader market0.0020.0040.0060.0080.007.62

Sharpe Ratio

The current Simplify Interest Rate Hedge ETF Sharpe ratio is 1.47. A Sharpe ratio greater than 1.0 is considered acceptable.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00NovemberDecember2024FebruaryMarchApril
1.47
1.89
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Simplify Interest Rate Hedge ETF granted a 59.33% dividend yield in the last twelve months. The annual payout for that period amounted to $32.57 per share.


PeriodTTM202320222021
Dividend$32.57$32.40$0.45$0.00

Dividend yield

59.33%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.


JanFebMarAprMayJunJulAugSepOctNovDec
2024$0.07$0.10$0.10
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
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
2021$0.00$0.00$0.00$0.00

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2024FebruaryMarchApril
-13.33%
-3.86%
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)

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 39.17%, occurring on Dec 27, 2023. The portfolio has not yet recovered.

The current Simplify Interest Rate Hedge ETF drawdown is 13.33%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-39.17%Oct 23, 202346Dec 27, 2023
-32.2%Oct 25, 202269Feb 2, 2023159Sep 21, 2023228
-26.04%May 13, 2021162Dec 31, 202159Mar 28, 2022221
-25.57%Jun 15, 202232Aug 1, 202239Sep 26, 202271
-18.75%May 9, 202215May 27, 202211Jun 14, 202226

Volatility

Volatility Chart

The current Simplify Interest Rate Hedge ETF volatility is 13.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2024FebruaryMarchApril
13.44%
3.39%
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)