Simplify Interest Rate Hedge ETF
Key Statistics
Historical Performance
Total return including reinvested distributions, from adjusted closing prices.
Price History
Price history is being compiled for this fund.
Top Holdings
Top 25 holdings as of Mar 31, 2026 · source: SEC N-PORT. Full holdings & prospectus →
About PFIX
Principal Investment Strategies: The Adviser seeks to achieve the Fund’s investment objective by allocating the Fund’s assets approximately equally between: ● interest rate related derivatives and ● interest income producing debt instruments. The Adviser expects to allocate assets among derivatives and debt instruments, depending upon market conditions. The Adviser seeks to achieve the interest rate hedging aspect of the Fund’s investment objective by investing in swaptions, interest rate options, and Treasury futures. Consequently, the Fund’s portfolio will be highly sensitive to changes in interest rates. A swaption is an option to enter into a swap contract. The Fund may purchase payer swaptions that give the Fund the option to enter into fixed interest rate swaps upon expiration of the swaption. These instruments have positive price sensitivity to rising interest rates. Opposite to bond prices which typically fall when interest rates rise, it is expected that the Fund will benefit from swaption value increases, providing a hedge against the rising interest rates. Consequently, when viewed from a total return perspective, price gains in these instruments will tend to offset the effect of lower debt prices caused by rising interest rates. These derivatives are selected to protect against rising long-term interest rates on high-quality instruments such as U.S. government securities and high-quality corporate debt. To select a derivative that it believes will produce the most effective hedge against rising interest rates, the Adviser assesses the interaction of maturity, strike price, reference interest rate, the risk-free rate, and volatility on the price of swaptions and interest rate options. While the investment focus of the interest rate related derivatives strategy is on gains from rising rates, to a lesser extent the Adviser’s selection process is also intended to generate gains from option and swaption positions when interest rate volatility increases. Specifically, the Adviser will tend to increase allocations to swaptions and interest rate options when it believes interest rate volatility is poised to increase as these instruments become more valuable in higher volatility environments. The Adviser rebalances derivative exposure after extreme rate movements (for example, 0.50%) or after the passage of time has significantly changed the rate sensitivity of a derivative. As time passes, swaptions and interest rate options become less sensitive to movements in the reference swap rate or interest rate. The Adviser does not take speculative positions based on its forecast for interest rates. The Fund limits net economic exposure at the time of investment to any one over-the-counter counterparty to 25% of Fund net assets. TheAdviser seeks to achieve the income aspect of the Fund’s investment objective by investing U.S. Treasury securities, U.S. TreasuryInflation-Protected Securities (“TIPS”), exchange traded funds that primarily invest in U.S. Treasuries, TIPS, and investmentgrade bonds. TIPS are securities whose principal amount increases with inflation, as measured by the Consumer Price Index and are designedto protect investors from inflation risk. The Fund may purchase debt securities of any maturity. The Adviser may invest in affiliatedmoney market ETFs to manage liquidity or to pledge as collateral for derivatives. Generally, the Fund’s strategy may be appropriate for investors who are seeking to hedge against rising interest rates. The Fund’s strategy may also be appropriate to help hedge real estate securities portfolios, as rising interest rates have historically led to sell-offs in real estate’ and growth equities, that are often negatively correlated with rising interest rates. When usingvarious derivatives, the Fund may be required to post collateral to assure its performance. The Fund will hold cash and cash-like instrumentsor high-quality short term fixed income securities (collectively, “Collateral”). The Collateral may consist of (1) U.S. Governmentsecurities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds (including affiliated money market ETFs);(3) fixed income ETFs; and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notesissued by companies that are rated investment grade or of comparable quality. The Adviser considers an unrated security to be of comparablequality to a security rated investment grade if it believes it has a similar low risk of default. The Fund is classified as a “non-diversified” investment company under the Investment Company Act of 1940, as amended, which means that the Fund may invest a higher percentage of its assets in a fewer number of issuers than is permissible for a “diversified” Fund.
PFIX News
- 'Economic Isolation' for Iran? ETFs to Gain/Lose
- Trading Systems Reacting to (PFIX) Volatility
- How Simplify Interest Rate Hedge Etf (PFIX) Affects Rotational Strategy Timing
- Fed Holds Rates Steady, May Hike Ahead: ETFs in Focus
- (PFIX) and the Role of Price-Sensitive Allocations
- Treasury Yields Climb as Middle East Tensions Escalate: ETFs to Gain
- (PFIX) and the Role of Price-Sensitive Allocations
- Responsive Playbooks and the PFIX Inflection
- Understanding the Setup: (PFIX) and Scalable Risk
- Simplify Interest Rate Hedge ETF (NYSEARCA:PFIX) Sees Large Growth in Short Interest
- Rate Hike Risks Are Rife? ETF Strategies to Play
Data for PFIX is aggregated from third-party providers (Tiingo, Nasdaq, Finnhub) and SEC filings, may be delayed at least 20 minutes, and may be incomplete or contain errors. Nothing here is investment advice. Verify with the official prospectus before investing.