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PFIX ETF · Simplify Interest Rate Hedge ETF
The Simplify Interest Rate Hedge ETF, trading under the ticker 'PFIX', is an exchange-traded fund (ETF) that provides investors with exposure to the United States Treasury yield curve. In essence, this instrument seeks to offer potential risk mitigation against increasing interest rates in an evolving market landscape. PFIX utilizes a tactical investment approach and operates based on an algorithmic model. This model is specifically designed to navigate the complexities of the U.S. Treasury yield curve to realize its objectives. The ETF holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility. Being an ETF, PFIX offers financial inclusivity by providing investors with a lower capital barrier than directly investing in treasuries or participating in the futures market. Moreover, it offers daily liquidity due to its trading on exchanges like traditional stocks. Please note that investing in any financial security, including PFIX, carries risk, primarily from fluctuations of value on these types of investments. Therefore, prospective investors should conduct thorough research and perhaps consult with a financial advisor before making investment decisions.
Performance & flows
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -5.02% | -5.65% | -14.32% | +51.68% | N/A | -1.84% | -1.84% | -5.12% | |
| Flows |
Key fund info
Essentials
Enterprise
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Risk profile
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -5.65% | -14.32% | +51.68% | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Exposure
The PFIX ETF is actively managed, so it doesn't track an index. We're working to retrieve all detailed holding information.
To find out more about PFIX's exposure, please refer to the as provided by Simplify.
Sustainability
Issuer
| AuM | ||
|---|---|---|
SBIL | Simplify Government Money Market ETF | €4.09B |
MTBA | Simplify MBS ETF | €1.44B |
CTA | Simplify Managed Futures Strategy ETF | €1.29B |
TUA | Simplify Short Term Treasury Futures Strategy ETF | €707M |
SVOL | Simplify Volatility Premium ETF | €502M |
Frequently asked questions about PFIX
What does Simplify Interest Rate Hedge ETF, PFIX, invest in?
PFIX is a Active ETF. This ETF provides exposure to US Investment Grade Government Bonds.
What is the Total Expense ratio (TER) of PFIX?
PFIX carries a total expense ratio (TER) of 0.5%, indicating the annual cost for holding the fund.
When was PFIX launched?
PFIX was introduced to the market on May 10, 2021. It trades on United States
Who is the ETF issuer of PFIX?
Simplify Interest Rate Hedge ETF, PFIX, is provided by Simplify. Learn more about Simplify here.
What is the current assets under management (AUM) of PFIX?
PFIX oversees €171M in assets as of April 20, 2026.
How has PFIX performed lately?
Based on data from April 20, 2026, PFIX returned -5.02% over the past month, -5.65% over the last three months and -5.12% year-to-date.
What are the latest inflows or outflows for PFIX?
As of April 20, 2026, PFIX recorded net flows of +€32M over the last month and +€51M year-to-date.
Does PFIX distribute dividends?
PFIX follows a distributing dividend policy, meaning it pays out income to investors. As of April 20, 2026, its 12-month trailing yield was 10.65%.
What are the main country or region exposures of PFIX?
As of February 28, 2026, PFIX has significant geographic allocations in USA.
In which sector or theme does PFIX invest in?
As of February 28, 2026, PFIX focuses largely on Government agencies and Sovereign.
How many securities does PFIX hold and how diversified is it?
As of February 28, 2026, PFIX holds 104 positions in its portfolio, with 77.75% of assets concentrated in its top 15 holdings.
What are the main positions in PFIX?
As of February 28, 2026, PFIX top three holdings include US912797SZ10, US912797TH03 and US912797TB33.
What is the base currency of PFIX?
The base currency of PFIX is USD.
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