PFIX vs. YCS
Compare and contrast key facts about Simplify Interest Rate Hedge ETF (PFIX) and ProShares UltraShort Yen (YCS).
PFIX and YCS are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. PFIX is an actively managed fund by Simplify Asset Management Inc.. It was launched on May 10, 2021. YCS is a passively managed fund by ProShares that tracks the performance of the USD/JPY Exchange Rate (-200%). It was launched on Nov 25, 2008.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: PFIX or YCS.
Correlation
The correlation between PFIX and YCS is -0.01. 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. YCS - Performance Comparison
Key characteristics
PFIX:
0.25
YCS:
-0.28
PFIX:
0.67
YCS:
-0.21
PFIX:
1.07
YCS:
0.97
PFIX:
0.25
YCS:
-0.31
PFIX:
0.64
YCS:
-0.66
PFIX:
15.22%
YCS:
10.81%
PFIX:
39.97%
YCS:
26.01%
PFIX:
-39.52%
YCS:
-49.56%
PFIX:
-9.18%
YCS:
-16.99%
Returns By Period
In the year-to-date period, PFIX achieves a 6.39% return, which is significantly higher than YCS's -14.03% return.
PFIX
6.39%
12.22%
15.50%
7.56%
N/A
N/A
YCS
-14.03%
-9.11%
-8.03%
-7.76%
16.82%
6.25%
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PFIX vs. YCS - Expense Ratio Comparison
PFIX has a 0.50% expense ratio, which is lower than YCS's 1.00% expense ratio.
Risk-Adjusted Performance
PFIX vs. YCS — Risk-Adjusted Performance Rank
PFIX
YCS
PFIX vs. YCS - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Simplify Interest Rate Hedge ETF (PFIX) and ProShares UltraShort Yen (YCS). 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. YCS - Dividend Comparison
PFIX's dividend yield for the trailing twelve months is around 3.36%, while YCS has not paid dividends to shareholders.
| TTM | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|
PFIX Simplify Interest Rate Hedge ETF | 3.36% | 3.40% | 80.99% | 0.63% | 0.00% |
YCS ProShares UltraShort Yen | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
PFIX vs. YCS - Drawdown Comparison
The maximum PFIX drawdown since its inception was -39.52%, smaller than the maximum YCS drawdown of -49.56%. Use the drawdown chart below to compare losses from any high point for PFIX and YCS. For additional features, visit the drawdowns tool.
Volatility
PFIX vs. YCS - Volatility Comparison
Simplify Interest Rate Hedge ETF (PFIX) has a higher volatility of 15.57% compared to ProShares UltraShort Yen (YCS) at 10.49%. This indicates that PFIX's price experiences larger fluctuations and is considered to be riskier than YCS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.