DVN vs. PFIX
Compare and contrast key facts about Devon Energy Corporation (DVN) 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: DVN or PFIX.
Correlation
The correlation between DVN and PFIX is 0.06, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
DVN vs. PFIX - Performance Comparison
Key characteristics
DVN:
-0.17
PFIX:
0.62
DVN:
-0.07
PFIX:
1.19
DVN:
0.99
PFIX:
1.13
DVN:
-0.07
PFIX:
0.38
DVN:
-0.22
PFIX:
1.71
DVN:
19.87%
PFIX:
14.28%
DVN:
25.45%
PFIX:
39.74%
DVN:
-94.93%
PFIX:
-64.01%
DVN:
-52.87%
PFIX:
-47.84%
Returns By Period
In the year-to-date period, DVN achieves a 15.95% return, which is significantly higher than PFIX's 2.67% return.
DVN
15.95%
24.34%
-19.10%
-4.12%
14.51%
-1.27%
PFIX
2.67%
8.57%
14.50%
19.24%
N/A
N/A
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Risk-Adjusted Performance
DVN vs. PFIX — Risk-Adjusted Performance Rank
DVN
PFIX
DVN vs. PFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Devon Energy Corporation (DVN) 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
DVN vs. PFIX - Dividend Comparison
DVN's dividend yield for the trailing twelve months is around 3.82%, more than PFIX's 3.31% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
DVN Devon Energy Corporation | 3.82% | 4.43% | 6.34% | 8.41% | 4.47% | 4.30% | 1.35% | 1.33% | 0.58% | 0.92% | 3.00% | 1.54% |
PFIX Simplify Interest Rate Hedge ETF | 3.31% | 3.40% | 9.18% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
DVN vs. PFIX - Drawdown Comparison
The maximum DVN drawdown since its inception was -94.93%, which is greater than PFIX's maximum drawdown of -64.01%. Use the drawdown chart below to compare losses from any high point for DVN and PFIX. For additional features, visit the drawdowns tool.
Volatility
DVN vs. PFIX - Volatility Comparison
Devon Energy Corporation (DVN) and Simplify Interest Rate Hedge ETF (PFIX) have volatilities of 7.88% and 8.23%, respectively, indicating that both stocks experience similar levels of price fluctuations. This suggests that the risk associated with both stocks, as measured by volatility, is nearly the same. The chart below showcases a comparison of their rolling one-month volatility.