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PFIX vs TYA

Simplify Interest Rate Hedge ETF vs Simplify Intermediate Term Treasury Futures Strategy ETF

PFIX

Simplify Interest Rate Hedge ETF

Simplify Asset Management

Annual cost

0.50%

Fund size

$210M

TYA

Simplify Intermediate Term Treasury Futures Strategy ETF

Simplify Asset Management

Annual cost

0.25%

Fund size

$67M

Key differences

  • TYA costs 0.25% less per year.
  • PFIX is significantly larger than TYA — larger funds tend to be more liquid and less likely to close.
  • PFIX is classified as alternative, while TYA is fixed income — different risk/return profiles.
  • PFIX follows a tactical allocation strategy; TYA uses active selection.
  • Over the last 3 years, PFIX has delivered higher annualized returns.

Side-by-side comparison

PFIXTYA
Annual cost (TER)0.50%0.25%
Fund size (AUM)$210M$67M
Since20212021
Dividend yield4.58%3.86%
Asset classalternativefixed income
Regionnorth americanorth america
Strategytactical allocationactive selection
CAGR 1Y-13.6%+3.5%
CAGR 3Y+18.2%-4.0%
CAGR 5Y+17.7%N/A
Sharpe 3Y0.54-0.35
Volatility 1Y30.79%13.04%
Max drawdown-36.17%-51.15%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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