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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.
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +6.21% | -4.81% | +1.50% | +53.37% | N/A | +9.20% | -4.37% | -4.37% | |
| Flows |



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| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -4.81% | +1.50% | +53.37% | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |



| AuM | ||
|---|---|---|
SBIL | Simplify Government Money Market ETF | €4.11B |
MTBA | Simplify MBS ETF | €1.48B |
CTA | Simplify Managed Futures Strategy ETF | €1.17B |
TUA | Simplify Short Term Treasury Futures Strategy ETF | €577M |
SVOL | Simplify Volatility Premium ETF | €516M |
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Over the past decade, Trackinsight has expanded its operations across six countries, serving thousands of professional investors. We’ve consistently innovated to provide cutting-edge solutions that meet the changing demands of the ETF market.
In 2024, Kepler Cheuvreux, a leading independent European financial services firm, acquired a majority stake in Trackinsight, becoming the company's principal shareholder.
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