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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 to compare with PFIX

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.


0.00%20.00%40.00%60.00%80.00%100.00%120.00%OctoberNovemberDecember2024FebruaryMarch
61.64%
26.41%
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)

S&P 500

Returns By Period

Simplify Interest Rate Hedge ETF had a return of 13.58% year-to-date (YTD) and 25.34% in the last 12 months.


PeriodReturnBenchmark
Year-To-Date13.58%10.04%
1 month-5.54%3.53%
6 months-15.59%22.79%
1 year25.34%32.16%
5 years (annualized)N/A13.15%
10 years (annualized)N/A10.96%

Monthly Returns Heatmap


JanFebMarAprMayJunJulAugSepOctNovDec
20248.86%7.66%
202312.84%25.25%12.66%-18.46%-20.23%

Risk-Adjusted Performance

Risk-Adjusted Performance Indicators

This table presents risk-adjusted performance metrics for Simplify Interest Rate Hedge ETF (PFIX) and compares them with a selected benchmark (^GSPC). These performance indicators assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.


Sharpe ratioSortino ratioOmega ratioCalmar ratioUlcer Index
PFIX
Simplify Interest Rate Hedge ETF
0.64
^GSPC
S&P 500
2.76

Sharpe Ratio

The current Simplify Interest Rate Hedge ETF Sharpe ratio is 0.64. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.502.002.503.00OctoberNovemberDecember2024FebruaryMarch
0.64
2.76
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Simplify Interest Rate Hedge ETF granted a 72.10% 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

72.10%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
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%OctoberNovemberDecember2024FebruaryMarch
-28.68%
0
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 28.68%.


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 9.04%, 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%OctoberNovemberDecember2024FebruaryMarch
9.04%
2.82%
PFIX (Simplify Interest Rate Hedge ETF)
Benchmark (^GSPC)