Simplify Interest Rate Hedge ETF
PFIX NYSE Arca
The Simplify Interest Rate Hedge ETF seeks to provide a hedge against a sharp increase in long-term interest rates. The fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates a...
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- Dividend yield
- 5.50% Trailing 12 months
- Volatility · 1Y
- 29.8% High Risk
- Beta
- -0.20 vs the market
- 52-week range
- 41.2267.32
How PFIX has paid off
Price return over every period, and total return with dividends reinvested, set against price alone.
Return by period
Price · to Oct 12Total return vs price return
Price onlyOver 1 year, PFIX returned +49.7% with dividends reinvested — dividends added +7.8 pts to the price move.
How bumpy is the ride?
Return only means something next to the risk taken to earn it. Volatility, drawdowns and market sensitivity over 1 year.
Volatility
Annualized · 1YA typical year sees the price swing about ±30% around its trend.
Drawdown from peak
How far below its previous high the price has been Deepest fall −19.7% on Jun 29, 2026 — 41 days after the previous high
More than 5% below a high 45% of the time.
Market sensitivity
BetaA beta of -0.20 means PFIX has moved less than the market.
Trend & momentum
Where the price sits against its moving averages, and how stretched the recent move is.
Price vs moving averages
Uptrend- 12-day average62.33 −0.6%
- 26-day average59.20 +4.6%
- 50-day average55.87 +10.9%
- 200-day average49.86 +24.3%
The price is above 3 of 4 averages. The 50-day average is above the 200-day, a sign of a rising longer-term trend.
Relative strength (RSI)
OverboughtRSI compares recent gains with recent losses on a 0–100 scale. Above 70 a move is often considered stretched, below 30 washed out.
Technical indicators describe past prices. They are not a forecast.
What it pays you
Cash distributions over the last twelve months, and how they have grown.
About 55 USD a year for every 1,000 USD invested at today's price.
- Per share
- 3.41
- Last paid
- Sep 25, 2026
Last 12 months
3.41 USD / shareWhere PFIX shows up
Curated themes and indices that hold PFIX. Open one to see it in context, or test the whole theme in a portfolio.
About Simplify Interest Rate Hedge ETF
The Simplify Interest Rate Hedge ETF seeks to provide a hedge against a sharp increase in long-term interest rates. The fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility. Using OTC derivatives usually only available to institutional investors, PFIX is designed to be functionally similar to owning a position in long-dated put options on 20-year US Treasury bonds. Since the option position is held for extended periods the ETF provides a simple and transparent interest rate hedge.
- Featured in 3 curated themes
- Ticker
- PFIX
- Exchange
- NYSE Arca
- ISIN
- US82889N8552
- CUSIP
- 82889N855
- Currency
- U.S. Dollar (USD)
- Country
- USA
- Sector
- Smart Betas
- Industry
- Long-Term Rate Volatility
All key statistics
Details
Shareas of Oct 12, 2026
Dataas of Oct 13, 2026
Put PFIX to the test
See how it would change the return and the risk of a portfolio, with virtual money, before a single real dollar moves.
Data for information only, not investment advice. Past performance does not guarantee future results.