PFIX vs. POWL
Compare and contrast key facts about Simplify Interest Rate Hedge ETF (PFIX) and Powell Industries, Inc. (POWL).
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: PFIX or POWL.
Correlation
The correlation between PFIX and POWL is -0.07. 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
PFIX vs. POWL - Performance Comparison
Key characteristics
PFIX:
0.25
POWL:
0.43
PFIX:
0.67
POWL:
1.27
PFIX:
1.07
POWL:
1.15
PFIX:
0.25
POWL:
0.65
PFIX:
0.64
POWL:
1.22
PFIX:
15.22%
POWL:
29.59%
PFIX:
39.97%
POWL:
84.11%
PFIX:
-39.52%
POWL:
-73.09%
PFIX:
-9.18%
POWL:
-47.57%
Returns By Period
In the year-to-date period, PFIX achieves a 6.39% return, which is significantly higher than POWL's -16.73% return.
PFIX
6.39%
12.22%
15.50%
7.56%
N/A
N/A
POWL
-16.73%
-6.00%
-26.02%
24.20%
56.30%
21.59%
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Risk-Adjusted Performance
PFIX vs. POWL — Risk-Adjusted Performance Rank
PFIX
POWL
PFIX vs. POWL - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Interest Rate Hedge ETF (PFIX) and Powell Industries, Inc. (POWL). 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
PFIX vs. POWL - Dividend Comparison
PFIX's dividend yield for the trailing twelve months is around 3.36%, more than POWL's 0.58% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
PFIX Simplify Interest Rate Hedge ETF | 3.36% | 3.40% | 80.99% | 0.63% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
POWL Powell Industries, Inc. | 0.58% | 0.48% | 1.19% | 2.96% | 3.53% | 3.53% | 2.12% | 4.16% | 3.63% | 2.67% | 4.00% | 2.06% |
Drawdowns
PFIX vs. POWL - Drawdown Comparison
The maximum PFIX drawdown since its inception was -39.52%, smaller than the maximum POWL drawdown of -73.09%. Use the drawdown chart below to compare losses from any high point for PFIX and POWL. For additional features, visit the drawdowns tool.
Volatility
PFIX vs. POWL - Volatility Comparison
The current volatility for Simplify Interest Rate Hedge ETF (PFIX) is 15.57%, while Powell Industries, Inc. (POWL) has a volatility of 20.79%. This indicates that PFIX experiences smaller price fluctuations and is considered to be less risky than POWL based on this measure. The chart below showcases a comparison of their rolling one-month volatility.