Simplify Interest Rate Hedge ETF (PFIX) belongs to the Hedge Fund category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with PFIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to PFIX
PFIX charges 0.50% annually. No ETFs in the Hedge Fund category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| State Street Multi-Asset Real Return ETF | 0.50% | 1.18B | Apr 2012 | PFIX vs RLY | |
| RPAR Risk Parity ETF | 0.51% | 576.22M | Dec 2019 | PFIX vs RPAR | |
| Global X NASDAQ 100 Collar 95-110 ETF | 0.60% | 3.42M | Aug 2021 | PFIX vs QCLR | |
| Global X NASDAQ 100 Tail Risk ETF | 0.60% | 7.64M | Aug 2021 | PFIX vs QTR | |
| WisdomTree Managed Futures Strategy Fund | 0.65% | 237.72M | Jan 2011 | PFIX vs WTMF |
Best Risk-Adjusted Alternatives to PFIX
PFIX has a PortfoliosLab risk / return rank of 6. There are 17 ETFs in the Hedge Fund category with higher risk-adjusted ranks, going as high as 95.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | 95 | 15.94M | Dec 2012 | PFIX vs MRGR | |
| WisdomTree Managed Futures Strategy Fund | 83 | 237.72M | Jan 2011 | PFIX vs WTMF | |
| State Street Multi-Asset Real Return ETF | 81 | 1.18B | Apr 2012 | PFIX vs RLY | |
| First Trust Managed Futures Strategy Fund | 66 | 247.50M | Aug 2013 | PFIX vs FMF | |
| AltShares Merger Arbitrage ETF | 62 | 90.93M | May 2020 | PFIX vs ARB |
Top Performing PFIX Alternatives (YTD)
PFIX is at -0.95% YTD. There are 17 ETFs in the Hedge Fund category with higher YTD returns, going as high as 13.25%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| First Trust Dorsey Wright Dynamic Focus 5 ETF | 13.25% | 109.45M | Mar 2016 | PFIX vs FVC | |
| State Street Multi-Asset Real Return ETF | 13.24% | 1.18B | Apr 2012 | PFIX vs RLY | |
| Global X NASDAQ 100 Tail Risk ETF | 12.74% | 7.64M | Aug 2021 | PFIX vs QTR | |
| Syntax Stratified U.S. Total Market Hedged ETF | 10.89% | 23.16M | Jun 2021 | PFIX vs SHUS | |
| Aptus Drawdown Managed Equity ETF | 8.67% | 243.07M | Jun 2016 | PFIX vs ADME |
Lowest Volatility Alternatives to PFIX
PFIX has 29.34% 1-year volatility. There are 17 ETFs in the Hedge Fund category with lower 1-year volatility, going as low as 3.40%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| AltShares Merger Arbitrage ETF | 3.40% | 90.93M | May 2020 | PFIX vs ARB | |
| Proshares Merger ETF | 4.24% | 15.94M | Dec 2012 | PFIX vs MRGR | |
| IQ Merger Arbitrage ETF | 4.81% | 253.18M | Nov 2009 | PFIX vs MNA | |
| WisdomTree Managed Futures Strategy Fund | 9.10% | 237.72M | Jan 2011 | PFIX vs WTMF | |
| First Trust Managed Futures Strategy Fund | 9.83% | 247.50M | Aug 2013 | PFIX vs FMF |
Lowest Drawdown Alternatives to PFIX
PFIX has a 1-year max drawdown of -25.64%. There are 17 ETFs in the Hedge Fund category with shallower 1-year drawdowns, going as shallow as -1.29%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Proshares Merger ETF | -1.29% | 15.94M | Dec 2012 | PFIX vs MRGR | |
| IQ Merger Arbitrage ETF | -1.40% | 253.18M | Nov 2009 | PFIX vs MNA | |
| AltShares Merger Arbitrage ETF | -1.54% | 90.93M | May 2020 | PFIX vs ARB | |
| WisdomTree Managed Futures Strategy Fund | -4.04% | 237.72M | Jan 2011 | PFIX vs WTMF | |
| First Trust Managed Futures Strategy Fund | -4.51% | 247.50M | Aug 2013 | PFIX vs FMF |
Other ETFs from Simplify
The 10 most viewed Simplify ETFs shown here include SVOL, CTA, HEQT and span 16 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | Volatility | 27 | 2.12% | 538.77M | May 2021 | PFIX vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 9 | 0.33% | 1.51B | Mar 2022 | PFIX vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 76 | 5.68% | 300.35M | Nov 2021 | PFIX vs HEQT | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 95 | 2.36% | 474.96M | Oct 2022 | PFIX vs BUCK | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -36.84% | 25.97M | Sep 2022 | PFIX vs MAXI | |
| Simplify High Yield ETF | High Yield Bonds | 6 | -2.68% | 387.11M | Feb 2022 | PFIX vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 5 | -0.37% | 71.03M | Oct 2022 | PFIX vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 45 | 0.00% | 570.38M | Feb 2022 | PFIX vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 40 | -0.33% | 1.53B | Nov 2023 | PFIX vs MTBA | |
| Simplify Gold Strategy PLUS Income ETF | Gold, Leveraged Commodities, Precious Metals | 12 | -20.87% | 37.25M | Dec 2024 | PFIX vs YGLD |
Often Compared With PFIX
Investors most often compare PFIX with TBT, RFIX, DBMF. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare PFIX with Any Fund or Stock
Compare PFIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair PFIX with funds that move differently
Simplify Interest Rate Hedge ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to PFIX.
Explore PFIX Diversifiers