MJUS vs. PFIX
Compare and contrast key facts about ETFMG U.S. Alternative Harvest ETF (MJUS) and Simplify Interest Rate Hedge ETF (PFIX).
MJUS and PFIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. MJUS is an actively managed fund by ETFMG. It was launched on May 12, 2021. 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: MJUS or PFIX.
Correlation
The correlation between MJUS and PFIX is 0.32, 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
MJUS vs. PFIX - Performance Comparison
Key characteristics
Returns By Period
MJUS
N/A
N/A
N/A
N/A
N/A
N/A
PFIX
6.39%
12.22%
15.50%
7.56%
N/A
N/A
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MJUS vs. PFIX - Expense Ratio Comparison
MJUS has a 0.75% expense ratio, which is higher than PFIX's 0.50% expense ratio.
Risk-Adjusted Performance
MJUS vs. PFIX — Risk-Adjusted Performance Rank
MJUS
PFIX
MJUS vs. PFIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ETFMG U.S. Alternative Harvest ETF (MJUS) 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
MJUS vs. PFIX - Dividend Comparison
MJUS has not paid dividends to shareholders, while PFIX's dividend yield for the trailing twelve months is around 3.36%.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
MJUS ETFMG U.S. Alternative Harvest ETF | 4.03% | 8.85% | 0.00% | 0.00% | 0.00% |
PFIX Simplify Interest Rate Hedge ETF | 3.36% | 3.40% | 80.99% | 0.63% | 0.00% |
Drawdowns
MJUS vs. PFIX - Drawdown Comparison
Volatility
MJUS vs. PFIX - Volatility Comparison
The current volatility for ETFMG U.S. Alternative Harvest ETF (MJUS) is 0.00%, while Simplify Interest Rate Hedge ETF (PFIX) has a volatility of 15.57%. This indicates that MJUS 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.