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
Issuer | Simplify Asset Management Inc. |
---|---|
Inception Date | May 10, 2021 |
Region | North America (U.S.) |
Category | Hedge Fund, Actively Managed |
Index Tracked | No Index (Active) |
Asset Class | Alternatives |
Expense Ratio
The Simplify Interest Rate Hedge ETF has a high expense ratio of 0.50%, indicating higher-than-average management fees.
Share Price Chart
Loading data...
Compare to other instruments
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.
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.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 13.58% | 10.04% |
1 month | -5.54% | 3.53% |
6 months | -15.59% | 22.79% |
1 year | 25.34% | 32.16% |
5 years (annualized) | N/A | 13.15% |
10 years (annualized) | N/A | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 8.86% | 7.66% | ||||||||||
2023 | 12.84% | 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 ratio | Sortino ratio | Omega ratio | Calmar ratio | Ulcer Index | |
---|---|---|---|---|---|
Simplify Interest Rate Hedge ETF | 0.64 | ||||
S&P 500 | 2.76 |
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.
Period | TTM | 2023 | 2022 | 2021 |
---|---|---|---|---|
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.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
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.
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, 2023 | 46 | Dec 27, 2023 | — | — | — |
-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 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.