All you need to get started with ETF selection and analysis. Create your account now →
Help us improve your experience. Please confirm your investor type:
Compare ETFs Easily
The Ultimate ETF Comparison Tool - Try Now!
Analyze up to 5 ETFs side-by-side and gain instant insights on performance, fees, holdings, and more to make data-driven investment decisions.
PIFI ETF · Piton Intermediate Fixed Income ETF
The PIFI Exchange Traded Fund (ETF) is provided by Clear Shares. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 5/22/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofUS Aggregate Bonds1M perf.-0.64%
Last price
$93.80
1M perf.
-0.83%
1M flows
+€22K
AuM
€89M
TER
0.45%
Rating
Not rated
ESG Consensus®
PIFI
$93.80
Performance & flows
Segment for quartile rank
February 23, 2026 → May 22, 2026
Create a free account to view the flows graph
PIFI
$93.70
-1.40%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | -0.83%  | -1.40% | +3.67%  | +11.06% | +4.89% | -0.51% | -0.37% | -0.47% | |
| Flows |
Key fund info
Segment for quartile rank
This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
5/22/2026
$93.72
1D NAV change
+0.03%
Dividend policy
No. of holdings
60
Inception date
10/2/2020
Jurisdiction
United States
Distribution
United States
Legal structure
Open-end Fund
Base currency
USD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
Create a free account to view dividend distribution
Classification
Investment strategy
The Clearshares Piton Intermediate Fixed Income ETF (“PIFI”) is an actively managed portfolio of taxable intermediate-duration bonds. The fund primarily invests in investment -grade corporate bonds, U.S. government agency bonds and U.S. Treasury notes. PIFI focuses on maximizing total-return while delivering conservative goals of income generation, capital preservation, and liquidity.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
Create a free Trackinsight Essentials account to unlock insights
Access exclusive metrics and features to support your investment decisions.
New to Trackinsight?
For individual investors
Essentials
A forever free toolbox for fund selection, analysis, research, and ETF portfolio construction.
More fund data
Compare up to 3 funds
More screener filters
Choose your own screener columns from 100+ metrics
Lists for saving your research
Portfolio construction and analysis
Personal dashboard for live monitoring
For professional investors
Enterprise
Trackinsight Enterprise addresses the everyday operational, regulatory, and analytical pain points faced by professional and institutional ETF investors, from selection to execution.
Request a free trialAdvertisement
Risk profile
Segment for quartile rank
Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | -1.40% | +3.67% | +11.06% | +4.89% |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
Create a free account to view risk/return table
Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
More exposure metrics are available, exclusively in Trackinsight Enterprise
Exposure
Countries
USA
95.37%
Unavailable
4.63%
Sectors
Sovereign
51.43%
Banks
7.55%
Financial markets
5.19%
Government agencies
4.75%
Power
3.13%
Fmcg-retail
1.94%
Pharmaceutical preparation and biotechnology
1.88%
Aircraft production and defense
1.57%
Unavailable
6.96%
Other
15.60%
Diversification
Total weight of top 15 holdings out of 60
Top 15 holdings
Data as of March 31, 2026
USA, Notes 4.25% 15feb2028, USD (AK-2028)
USA, Notes 3.5% 15feb2033, USD (B-2033)
USA, Notes 3.375% 15may2033, USD (C-2033)
USA, Notes 4% 15feb2034, USD (B-2034)
USA, Notes 4.25% 15nov2034, USD (F-2034)
FHLB, 3.25% 16nov2028, USD (4973)
USA, Notes 1.375% 15nov2031, USD (F-2031)
USA, Notes 3.75% 31may2030, USD (L-2030)
Create a free account to view top holdings
USA, Notes 1.875% 15feb2032, USD (B-2032)
USA, Notes 4.125% 31jul2031, USD (N-2031)
USA, Notes 4.125% 31jul2028, USD (AB-2028)
Resolution Funding, 0% 15jan2030, USD (14230D)
USA, Notes 4.5% 15may2027, USD (AN-2027)
USA, Notes 4.125% 29feb2032, USD (H-2032)
USA, Notes 4% 28feb2030, USD (H-2030)
Create a free account to view top holdings
More risk metrics are available, exclusively in Trackinsight Enterprise
Sustainability
Integrates ESG criteria
No
SDG
More sustainability metrics are available, exclusively in Trackinsight Enterprise
Issuer
Clear Shares
Clear Shares ID Card
Number of funds
3
Total AuM
€333M
Expense ratio range
0.2% - 0.66%
Average expense ratio
0.4367%
Top 3 funds by Clear Shares
| AuM | ||
|---|---|---|
OCIO | ClearShares OCIO ETF | €142M |
OPER | ClearShares Ultra-Short Maturity ETF | €102M |
PIFI | Piton Intermediate Fixed Income ETF | €89M |
Frequently asked questions about PIFI
What does Piton Intermediate Fixed Income ETF, PIFI, invest in?
PIFI is a Active ETF. This ETF provides exposure to Investment Grade Aggregate Bonds.
What is the Total Expense ratio (TER) of PIFI?
PIFI carries a total expense ratio (TER) of 0.45%, indicating the annual cost for holding the fund.
When was PIFI launched?
PIFI was introduced to the market on October 2, 2020. It trades on United States
Who is the ETF issuer of PIFI?
Piton Intermediate Fixed Income ETF, PIFI, is provided by Clear Shares. Learn more about Clear Shares here.
What is the current assets under management (AUM) of PIFI?
PIFI oversees €89M in assets as of May 22, 2026.
How has PIFI performed lately?
Based on data from May 22, 2026, PIFI returned -0.83% over the past month, -1.40% over the last three months and -0.47% year-to-date.
What are the latest inflows or outflows for PIFI?
As of May 22, 2026, PIFI recorded net flows of +€16K over the last month and -€2M year-to-date.
Does PIFI distribute dividends?
PIFI follows a distributing dividend policy, meaning it pays out income to investors. As of May 22, 2026, its 12-month trailing yield was 3.76%.
What are the main country or region exposures of PIFI?
As of March 31, 2026, PIFI has significant geographic allocations in USA.
In which sector or theme does PIFI invest in?
As of March 31, 2026, PIFI focuses largely on Sovereign, Banks and Financial markets.
How many securities does PIFI hold and how diversified is it?
As of March 31, 2026, PIFI holds 60 positions in its portfolio, with 42.31% of assets concentrated in its top 15 holdings.
What are the main positions in PIFI?
As of March 31, 2026, PIFI top three holdings include USA, Notes 4.25% 15feb2028, USD (AK-2028), USA, Notes 3.5% 15feb2033, USD (B-2033) and USA, Notes 3.375% 15may2033, USD (C-2033).
What is the base currency of PIFI?
The base currency of PIFI is USD.
Advertisement
About Trackinsight
Since our founding in 2016, we have been at the forefront of the industry, delivering accessible, comprehensive, and reliable tools to support the evolving needs of investors.
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.
This strategic partnership solidifies Trackinsight's position as a premier provider of ETF selection and analysis tools, while strengthening Kepler Cheuvreux’s commitment to becoming a leading player in the ETF sector.
Together, we are committed to offering advanced services that empower professional investors, advisors, institutions, and issuers. This new step enables us to deliver even more comprehensive and innovative technological solutions, driving ETF investing to new heights.
More about TrackinsightETF TOOLS
PLATFORM
ETF NEWS & RESEARCH
© 2014-2026 Trackinsight SA. All rights reserved.
Privacy policy | Cookie policy | | Terms of use | Imprint
Privacy policy | Cookie policy | | Terms of use | Imprint
