COOP vs. PFIX
Compare and contrast key facts about Mr. Cooper Group Inc. (COOP) and Simplify Interest Rate Hedge ETF (PFIX).
PFIX is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 10, 2021.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: COOP or PFIX.
Key characteristics
| COOP | PFIX | |
|---|---|---|
| YTD Return | 27.63% | 18.80% |
| 1Y Return | 88.97% | 28.76% |
| 3Y Return (Ann) | 35.19% | 20.26% |
| Sharpe Ratio | 3.45 | 0.69 |
| Daily Std Dev | 24.60% | 40.15% |
| Max Drawdown | -87.08% | -39.17% |
| Current Drawdown | -1.02% | -25.40% |
Correlation
The correlation between COOP and PFIX is -0.05. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
COOP vs. PFIX - Performance Comparison
In the year-to-date period, COOP achieves a 27.63% return, which is significantly higher than PFIX's 18.80% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
COOP vs. PFIX - Risk-Adjusted Performance 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.
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 69.13%.
| TTM | 2023 | 2022 | 2021 | |
|---|---|---|---|---|
COOP Mr. Cooper Group Inc. | 0.00% | 0.00% | 0.00% | 0.00% |
PFIX Simplify Interest Rate Hedge ETF | 69.13% | 80.99% | 0.63% | 0.00% |
Drawdowns
COOP vs. PFIX - Drawdown Comparison
The maximum COOP drawdown since its inception was -87.08%, which is greater than PFIX's maximum drawdown of -39.17%. Use the drawdown chart below to compare losses from any high point for COOP and PFIX. For additional features, visit the drawdowns tool.
Volatility
COOP vs. PFIX - Volatility Comparison
The current volatility for Mr. Cooper Group Inc. (COOP) is 8.12%, while Simplify Interest Rate Hedge ETF (PFIX) has a volatility of 9.06%. This indicates that COOP experiences smaller price fluctuations and is considered to be less risky than PFIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.