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Simplify Interest Rate Hedge ETF (PFIX)

ETF overview

The Simplify Interest Rate Hedge ETF (PFIX) is designed to mitigate the impact of ascending long-term interest rates and capitalize on periods of elevated market stress characterized by increased fixed income volatility. The fund achieves this by holding substantial positions in over-the-counter (OTC) interest rate options. These options are specifically chosen to provide a direct, transparent, and convex upside from significant increases in both interest rates and their inherent volatility. PFIX offers retail investors access to sophisticated OTC derivatives, instruments traditionally reserved for institutional players. In essence, it is designed to function similarly to holding long-dated put options on 20-year US Treasury bonds. By maintaining these option exposures for an extended duration, the ETF delivers a clear and uncomplicated solution for interest rate hedging.

CountryUnited States of America
ExchangeAMEX
Trades inUSD
Current price
58.87 USD-0.32%
Close 21 Oct 2026
Interval
Benchmarks

Fund facts

Expense ratio
0.50%
Fund assets
267.1M USD (all share classes)
Issuer
Simplify
Inception date
May 10, 2021
Number of holdings
29

Breakdown

Holdings (29)

NameTickerWeight
SIMPLIFY E GOVT MONEY MKT ETFSBIL25.89%
B 3/11/27 Govt21.90%
SWAPTION 05/10/2030 P4.50/SOFR MSX16.03%
B 12/31/26 Govt13.48%
B 1/28/27 Govt8.86%
B 12/3/26 Govt8.40%
SWAPTION 06/16/2032 P5.00/SOFR GSX5.36%
SWAPTION 05/10/2030 P4.50/SOFR GSX3.63%
SWAPTION 06/16/2032 P5.00/SOFR MSX2.28%
SWAPTION 06/16/2032 P4.75/SOFR JPM2.27%
and 16 more

Historical returns do not guarantee future returns. This is not investment advice.

Simplify Interest Rate Hedge ETF (PFIX)

PFIX · AMEX
58.87 USD-0.32%
Sign up to track this ETF
Benchmarks
Fund facts
Expense ratio
0.50%
Fund assets
267.1M USD (all share classes)
Issuer
Simplify
Inception date
May 10, 2021
Number of holdings
29
Breakdown
Holdings (29)
NameTickerWeight
SIMPLIFY E GOVT MONEY MKT ETFSBIL25.89%
B 3/11/27 Govt21.90%
SWAPTION 05/10/2030 P4.50/SOFR MSX16.03%
B 12/31/26 Govt13.48%
B 1/28/27 Govt8.86%
B 12/3/26 Govt8.40%
SWAPTION 06/16/2032 P5.00/SOFR GSX5.36%
SWAPTION 05/10/2030 P4.50/SOFR GSX3.63%
SWAPTION 06/16/2032 P5.00/SOFR MSX2.28%
SWAPTION 06/16/2032 P4.75/SOFR JPM2.27%
and 16 more
ETF overview

The Simplify Interest Rate Hedge ETF (PFIX) is designed to mitigate the impact of ascending long-term interest rates and capitalize on periods of elevated market stress characterized by increased fixed income volatility. The fund achieves this by holding substantial positions in over-the-counter (OTC) interest rate options. These options are specifically chosen to provide a direct, transparent, and convex upside from significant increases in both interest rates and their inherent volatility. PFIX offers retail investors access to sophisticated OTC derivatives, instruments traditionally reserved for institutional players. In essence, it is designed to function similarly to holding long-dated put options on 20-year US Treasury bonds. By maintaining these option exposures for an extended duration, the ETF delivers a clear and uncomplicated solution for interest rate hedging.

CountryUnited States of America
Trades inUSD

Historical returns do not guarantee future returns. This is not investment advice.

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