PFIX vs. MJUS

Last updated Jun 4, 2026

PFIX (Simplify Interest Rate Hedge ETF) and MJUS (ETFMG U.S. Alternative Harvest ETF) are both exchange-traded funds - PFIX is a Hedge Fund fund actively managed by Simplify, while MJUS is a Cannabis fund actively managed by ETFMG. Both are actively managed. At a 0.01 correlation, their price movements are largely independent. PFIX charges 0.50%/yr vs 0.75%/yr for MJUS.

Performance

PFIX vs. MJUS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Simplify Interest Rate Hedge ETF (PFIX) and ETFMG U.S. Alternative Harvest ETF (MJUS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PFIX

• 1D: 0.36%
• 1M: -3.76%
• YTD: -2.55%
• 6M: 1.53%
• 1Y: -15.57%
• 3Y*: 14.54%
• 5Y*: 16.86%
• 10Y*: —

MJUS

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

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

PFIX vs. MJUS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021
PFIX Simplify Interest Rate Hedge ETF	-2.55%	0.42%	35.94%	5.67%	92.05%	-24.98%
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	27.88%	-17.41%	-66.89%	-39.41%

Correlation

The correlation between PFIX and MJUS is 0.01, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (3Y) Calculated over the trailing 3-year period	-0.05
Correlation (5Y) Calculated over the trailing 5-year period	0.02
Correlation (All Time) Calculated using the full available price history since May 14, 2021	0.01

PFIX vs. MJUS - Sectors Allocation Comparison

Sectors	PFIX	MJUS
Financial Services	32.2%	4.7%
Basic Materials	-	-
Communication Services	-	-
Consumer Cyclical	-	0.8%
Consumer Defensive	-	-
Energy	-	-
Healthcare	-	14.1%
Industrials	-	-
Real Estate	-	1.6%
Technology	-	3.6%
Utilities	-	-

Return for Risk

PFIX vs. MJUS — Risk / Return Rank

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

PFIX

PFIX Risk / Return Rank: 4
PFIX Sharpe Ratio Rank: 4
PFIX Sortino Ratio Rank: 4
PFIX Omega Ratio Rank: 4
PFIX Calmar Ratio Rank: 4
PFIX Martin Ratio Rank: 4

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.

PFIX vs. MJUS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Simplify Interest Rate Hedge ETF (PFIX) and ETFMG U.S. Alternative Harvest ETF (MJUS). 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.

	PFIX	MJUS	Difference
Sharpe ratio: Return per unit of total volatility	-0.52	—	—
Sortino ratio: Return per unit of downside risk	-0.58	—	—
Omega ratio: Gain probability vs. loss probability	0.93	—	—
Calmar ratio: Return relative to maximum drawdown	-0.61	—	—
Martin ratio: Return relative to average drawdown	-0.96	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	PFIX	MJUS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.52	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.44	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.39	—	—

Drawdowns

Drawdown Indicators

	PFIX	MJUS	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	-19.65%	—	—
Average Drawdown Average peak-to-trough decline	-17.13%	—	—
Ulcer Index Depth and duration of drawdowns from previous peaks	16.35%	—	—

Volatility

Volatility by Period

	PFIX	MJUS	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.51%	—	—
Volatility (6M) Calculated over the trailing 6-month period	20.89%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	30.32%	—	—
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.50%	—	—
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.35%	—	—

PFIX vs. MJUS - Expense Ratio Comparison

PFIX has a 0.50% expense ratio, which is lower than MJUS's 0.75% expense ratio.

Dividends

PFIX vs. MJUS - Dividend Comparison

PFIX's dividend yield for the trailing twelve months is around 9.96%, while MJUS has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021
MJUS ETFMG U.S. Alternative Harvest ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
PFIX Simplify Interest Rate Hedge ETF	9.96%	9.92%	3.40%	87.92%	0.63%	0.00%

Frequently Asked Questions

Can I hold both PFIX and MJUS in my portfolio?

PFIX and MJUS have a correlation of 0.01, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, PFIX or MJUS?

On fees, PFIX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, PFIX or MJUS?

PFIX is cheaper with a 0.50% expense ratio, compared with 0.75% for MJUS.

Which ETF pays a higher dividend yield, PFIX or MJUS?

PFIX has the higher dividend yield at 9.96%, compared with 0.00% for MJUS.

What is the main difference between PFIX and MJUS?

PFIX is categorized as Hedge Fund, while MJUS is Cannabis. They also come from different issuers: Simplify and ETFMG. Their fees differ too: 0.50% for PFIX and 0.75% for MJUS.