PFIX

Simplify Interest Rate Hedge ETF

$48.41

+0.00%

Market closed. Last update: 10:51 PM ET

📎 Investment Objective

The Simplify Interest Rate Hedge ETF (PFIX) seeks to provide a hedge against rising interest rates by using options on U.S. Treasury futures.

Overview

ETF tracking Simplify Interest Rate Hedge ETF

Category Alternative

Issuer Other

Inception Date 2021-05-11

Market Cap $165.8M

Average Volume N/A

Dividend Yield 4.48%

52-Week Range $43.88 - $63.13

VWAP $47.65

Performance

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Investment Summary

📎 Investment Objective

The Simplify Interest Rate Hedge ETF (PFIX) seeks to provide a hedge against rising interest rates by using options on U.S. Treasury futures.

🎯 Investment Strategy

PFIX aims to achieve its objective by investing in a portfolio of U.S. Treasury futures options contracts. The fund's strategy is designed to provide positive returns when interest rates rise, potentially offsetting losses in other fixed-income investments.

✨ Key Features

Actively managed portfolio of U.S. Treasury futures options contracts
Seeks to provide a hedge against rising interest rates
No management fees (0.00% expense ratio)
Relatively new fund with limited performance history

⚠️ Primary Risks

Interest rate risk: The fund's performance is tied to the movement of interest rates, which can be volatile
Derivative risk: The use of options and futures contracts carries additional risks compared to direct investments
Liquidity risk: The fund may have difficulty buying or selling certain investments, especially in volatile market conditions
Limited performance history: With less than a year of operating history, the fund's long-term track record is unknown

👤 Best For

PFIX may be suitable for investors seeking to hedge their fixed-income portfolios against the risk of rising interest rates. However, due to the fund's limited performance history and the complexity of its investment strategy, it is best suited for experienced investors who understand the risks involved.