PFIX
·NYSE
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Key Stats
Assets Under Management
160.19MUSD
Fund Flows (1Y)
-13.19MUSD
Dividend Yield
4.80%
Discount/Premium to NAV
0.27%
Shares Outstanding
3.15M
Expense Ratio
0.50%
About Simplify Interest Rate Hedge ETF
Issuer
Simplify Asset Management Inc.
Brand
Simplify
Inception Date
May 10, 2021
Structure
Open-Ended Fund
Index Tracked
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Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Simplify Asset Management, Inc.
Distributor
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PFIX provides a tactical tool for investors that provides similar exposure to that of owning a long-dated put position on 20-year US Treasury bonds. A large portion of the portfolio is expected to be held in a swaption contract based on OTC interest rate contracts. A swaption allows more flexibility in managing option terms. The option term and rate maturity are chosen to maximize convexity and minimize cost of ownership. The fund manager will be reset the option terms after extended periods of time or extreme rate moves. The fund also invests in US Treasurys, US Treasury TIPS or exchange-traded funds providing similar exposure, to provide some potential income.
Classification
Asset Class
Alternatives
Category
Tactical Tools
Focus
Spreads
Niche
Inflation
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary
Returns
1-Month | 3-Month | YTD | 1-Year | 3-Year | 5-Year | |
|---|---|---|---|---|---|---|
Price Performance | +4.56% | +6.06% | -2.27% | -1.83% | -19.79% | +0.74% |
NAV Total Return | +7.89% | +7.75% | -0.14% | +16.32% | +58.56% | +1.39% |
Ratings
No data is currently available
Ainvest’s AI-powered ETF Scoring Algorithm, built to help retail investors make smarter, data-driven decisions. Leveraging deep learning, reinforcement learning, and large language models, the algorithm scores ETFs across five key dimensions: Fund Flow, Momentum, Safety, Fundamentals, and Performance. Each factor is weighted by its correlation to future returns, resulting in a single, actionable score. Backtested over five years with consistently strong predictive accuracy. Ainvest brings institutional-grade artificial intelligence to everyday investors—transforming complexity into clarity with every score.
Holdings Analysis
Sector
No data is currently available
Asset
No data is currently available
Region
No data is currently available
Investment Style
No data is currently available
Top 10 Holdings
Symbol
Ratio
B 4/14/26 Govt
17.22%
B 3/17/26 Govt
15.75%
SBIL
Simplify Government Money Market ETF
15.12%
B 3/31/26 Govt
13.64%
B 02/24/26 Govt
11.50%
B 3/3/26 Govt
10.05%
SWAPTION 05/10/2030 P4.50/SOFR MSX
8.34%
SWAPTION 06/16/2032 P4.80/SOFR GSX
3.26%
SWAPTION 05/01/2030 P4.50/SOFR GSX
2.46%
SWAPTION 05/02/2030 P4.50/SOFR GSX
1.78%
Top 10 Weight 99.12%
28 Total Holdings
Dividends
Dividend Payout History
Declaration Date | Record Date | Payment Date | Amount |
|---|---|---|---|
| 2025-12-23 | 2025-12-23 | 2025-12-31 | 2.390 |
| 2025-11-21 | 2025-11-21 | 2025-11-28 | 0.100 |
| 2025-10-28 | 2025-10-28 | 2025-10-31 | 0.100 |
| 2025-09-25 | 2025-09-25 | 2025-09-30 | 0.100 |
| 2025-08-26 | 2025-08-26 | 2025-08-29 | 0.600 |
| 2025-07-28 | 2025-07-28 | 2025-07-31 | 0.600 |
| 2025-06-25 | 2025-06-25 | 2025-06-30 | 0.120 |
Show more
Premium/Discount Chart
Premium/Discount to NAV
Price
1M
Assets Under Management
Assets Under Management
1M
Fund Flows
Inflows
Outflows
1M
