PFIXSimplify Interest Rate Hedge ETF
Seeks to hedge interest rate movements from rising long-term interest rates while providing potential for income.
By Simplify Asset Management · Launched 2021
Annual Cost
0.50%
#2,667 of 5,861 · average
Fund Size
$176M
#2,453 of 5,861 · mid-size
Return (1Y)Goal
+0.7%
Track Record
5 years
#2,319 of 5,861 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$10,263+2.6%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundWhat it actually holds
By weightConcentration
Top 10 holdings = 95.7% of fundconcentrated
Simplify Exchange Traded Funds
24.1%
United States Treasury Bills
18.5%
United States Treasury Bills
16.5%
United States Treasury Bills
11.7%
United States Treasury Bills
6.4%
United States Treasury Bills
6.1%
MORGAN STANLEY & CO. INTERNATIONAL PLC
4.6%
GOLDMAN SACHS INTERNATIONAL
3.8%
United States Treasury Bills
2.1%
GOLDMAN SACHS INTERNATIONAL
2.0%
Asset allocation
Cash
60.5%
Bonds
39.5%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
29.3%High
Year-on-year price swings
Max drawdown
-37.2%Severe
Worst peak-to-trough loss
Sharpe (3Y)
0.57Decent risk-adjusted returns
Sortino (3Y)
0.88Moderate downside risk
Bond profile
Avg maturity
9.9 years
Credit ratings
US Government
82.5%
AA
81.9%
Other
18.1%
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks to hedge interest rate movements from rising long-term interest rates while providing potential for income.
- Strategy
- Allocates approximately equally between interest rate related derivatives and interest income producing debt instruments. Uses swaptions, interest rate options, and Treasury futures to hedge against rising interest rates, while also investing in U.S. Treasury securities and investment grade bonds for income.
- Inception date
- May 10, 2021
- Fund family
- Simplify Asset Management
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Data updated on 2026-08-04