COOP vs. PFIX

Last updated Jul 14, 2026

COOP (Mr. Cooper Group Inc.) is a stock, while PFIX (Simplify Interest Rate Hedge ETF) is Hedge Fund fund actively managed by Simplify. At a correlation of -0.10, they often move in opposite directions.

Performance

COOP vs. PFIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Mr. Cooper Group Inc. (COOP) and Simplify Interest Rate Hedge ETF (PFIX). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

COOP

• 1D: —
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

PFIX

• 1D: 0.47%
• 1M: 3.10%
• 6M: 0.73%
• YTD: -0.95%
• 1Y: -9.65%
• 3Y*: 16.45%
• 5Y*: 20.64%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

COOP vs. PFIX - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
COOP Mr. Cooper Group Inc.	0.00%	121.64%	47.44%	62.27%	-3.56%	25.14%
PFIX Simplify Interest Rate Hedge ETF	-0.95%	0.42%	35.94%	5.67%	92.05%	-24.98%

Correlation

The correlation between COOP and PFIX is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	-0.23
Correlation (3Y) Calculated over the trailing 3-year period	-0.20
Correlation (5Y) Calculated over the trailing 5-year period	-0.11
Correlation (All Time) Calculated using the full available price history since May 11, 2021	-0.10

The correlation between COOP and PFIX shifts across timeframes, from -0.23 (1 year) to -0.10 (all time), reflecting how their relationship changes across market environments.

Return for Risk

COOP vs. PFIX — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

COOP

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

PFIX

PFIX Risk / Return Rank: 6
PFIX Sharpe Ratio Rank: 6
PFIX Sortino Ratio Rank: 6
PFIX Omega Ratio Rank: 6
PFIX Calmar Ratio Rank: 6
PFIX Martin Ratio Rank: 7

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

COOP vs. PFIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Mr. Cooper Group Inc. (COOP) and Simplify Interest Rate Hedge ETF (PFIX). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	COOP	PFIX	Difference
Sharpe ratio: Return per unit of total volatility	—	-0.33	—
Sortino ratio: Return per unit of downside risk	—	-0.30	—
Omega ratio: Gain probability vs. loss probability	—	0.97	—
Calmar ratio: Return relative to maximum drawdown	—	-0.38	—
Martin ratio: Return relative to average drawdown	—	-0.56	—

Drawdowns

Drawdown Indicators

	COOP	PFIX	Difference
Max Drawdown Largest peak-to-trough decline	—	-36.17%	—
Max Drawdown (1Y) Largest decline over 1 year	—	-25.64%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-36.17%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-36.17%	—
Current Drawdown Current decline from peak	—	-18.33%	—
Average Drawdown Average peak-to-trough decline	—	-17.21%	—
Ulcer Index Depth and duration of drawdowns from previous peaks	—	17.30%	—

Volatility

Volatility by Period

	COOP	PFIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.44%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.16%	—
Volatility (1Y) Calculated over the trailing 1-year period	—	29.34%	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	—	38.55%	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	—	38.20%	—

Dividends

COOP vs. PFIX - Dividend Comparison

COOP has not paid dividends to shareholders, while PFIX's dividend yield for the trailing twelve months is around 9.78%.

Position	TTM	2025	2024	2023	2022	2021
COOP Mr. Cooper Group Inc.	0.95%	0.95%	0.00%	0.00%	0.00%	0.00%
PFIX Simplify Interest Rate Hedge ETF	9.78%	9.92%	3.40%	87.92%	0.63%	0.00%

Frequently Asked Questions

Can I hold both COOP and PFIX in my portfolio?

COOP and PFIX have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.