Simplify Interest Rate Hedge ETF (PFIX) belongs to the Inverse Bonds 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 Inverse Bonds category have lower expense ratios; the lowest-cost alternatives shown here go as low as 0.93%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares UltraShort 20+ Year Treasury | 0.93% | 317.44M | Apr 2008 | PFIX vs TBT | |
| ProShares Short 20+ Year Treasury | 0.94% | 105.18M | Aug 2009 | PFIX vs TBF | |
| ProShares UltraShort 7-10 Year Treasury | 0.95% | 10.62M | Apr 2008 | PFIX vs PST | |
| ProShares Short High Yield | 0.95% | 47.96M | Mar 2011 | PFIX vs SJB | |
| ProShares Short 7-10 Year Treasury | 0.95% | 20.91M | Apr 2011 | PFIX vs TBX |
Best Risk-Adjusted Alternatives to PFIX
PFIX has a PortfoliosLab risk / return rank of 13. There are 5 ETFs in the Inverse Bonds category with higher risk-adjusted ranks, going as high as 39.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short 7-10 Year Treasury | 39 | 20.91M | Apr 2011 | PFIX vs TBX | |
| ProShares Short 20+ Year Treasury | 28 | 105.18M | Aug 2009 | PFIX vs TBF | |
| ProShares UltraShort 7-10 Year Treasury | 27 | 10.62M | Apr 2008 | PFIX vs PST | |
| ProShares UltraShort 20+ Year Treasury | 23 | 317.44M | Apr 2008 | PFIX vs TBT | |
| ProShares Short High Yield | 14 | 47.96M | Mar 2011 | PFIX vs SJB |
Top Performing PFIX Alternatives (YTD)
PFIX is at 10.66% YTD. There is 1 ETF in the Inverse Bonds category with a higher YTD return, going as high as 11.24%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares UltraShort 20+ Year Treasury | 11.24% | 317.44M | Apr 2008 | PFIX vs TBT | |
| ProShares UltraShort 7-10 Year Treasury | 7.74% | 10.62M | Apr 2008 | PFIX vs PST | |
| ProShares Short 20+ Year Treasury | 6.75% | 105.18M | Aug 2009 | PFIX vs TBF | |
| ProShares Short 7-10 Year Treasury | 4.71% | 20.91M | Apr 2011 | PFIX vs TBX | |
| ProShares Short High Yield | 1.17% | 47.96M | Mar 2011 | PFIX vs SJB |
Lowest Volatility Alternatives to PFIX
PFIX has 29.31% 1-year volatility. There are 5 ETFs in the Inverse Bonds category with lower 1-year volatility, going as low as 3.94%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short High Yield | 3.94% | 47.96M | Mar 2011 | PFIX vs SJB | |
| ProShares Short 7-10 Year Treasury | 4.69% | 20.91M | Apr 2011 | PFIX vs TBX | |
| ProShares Short 20+ Year Treasury | 9.18% | 105.18M | Aug 2009 | PFIX vs TBF | |
| ProShares UltraShort 7-10 Year Treasury | 9.39% | 10.62M | Apr 2008 | PFIX vs PST | |
| ProShares UltraShort 20+ Year Treasury | 18.92% | 317.44M | Apr 2008 | PFIX vs TBT |
Lowest Drawdown Alternatives to PFIX
PFIX has a 1-year max drawdown of -23.71%. There are 5 ETFs in the Inverse Bonds category with shallower 1-year drawdowns, going as shallow as -2.21%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short 7-10 Year Treasury | -2.21% | 20.91M | Apr 2011 | PFIX vs TBX | |
| ProShares Short High Yield | -2.74% | 47.96M | Mar 2011 | PFIX vs SJB | |
| ProShares UltraShort 7-10 Year Treasury | -4.73% | 10.62M | Apr 2008 | PFIX vs PST | |
| ProShares Short 20+ Year Treasury | -6.52% | 105.18M | Aug 2009 | PFIX vs TBF | |
| ProShares UltraShort 20+ Year Treasury | -13.23% | 317.44M | Apr 2008 | PFIX vs TBT |
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 | 38 | 1.82% | 523.04M | May 2021 | PFIX vs SVOL | |
| Simplify Managed Futures Strategy ETF | Systematic Trend | 15 | 2.94% | 1.56B | Mar 2022 | PFIX vs CTA | |
| Simplify Hedged Equity ETF | Equity Hedged, Options Trading, Actively Managed | 77 | 5.74% | 296.16M | Nov 2021 | PFIX vs HEQT | |
| Simplify Treasury Option Income ETF | Government Bonds, Ultrashort Bond, Derivative Income | 95 | 2.42% | 489.70M | Oct 2022 | PFIX vs BUCK | |
| Simplify Bitcoin Strategy PLUS Income ETF | Cryptocurrency, Derivative Income | 1 | -36.57% | 24.53M | Sep 2022 | PFIX vs MAXI | |
| Simplify High Yield ETF | High Yield Bonds | 4 | -3.00% | 377.28M | Feb 2022 | PFIX vs CDX | |
| Simplify Enhanced Income ETF | Derivative Income, Dividend | 8 | -1.00% | 66.82M | Oct 2022 | PFIX vs HIGH | |
| Simplify Aggregate Bond ETF | Intermediate Core Bond | 39 | -0.43% | 574.10M | Feb 2022 | PFIX vs AGGH | |
| Simplify MBS ETF | Mortgage Backed Securities | 37 | -0.64% | 1.49B | Nov 2023 | PFIX vs MTBA | |
| Simplify Gold Strategy PLUS Income ETF | Gold, Leveraged Commodities, Precious Metals | 17 | -19.95% | 34.39M | Dec 2024 | PFIX vs YGLD |
Often Compared With PFIX
Investors most often compare PFIX with RFIX, DBMF, YCS. These 20 comparison targets span 12 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