Simplify Interest Rate Hedge ETF (PFIX) Price, Holdings, & News

ETF Overview

The Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund that mostly invests in spreads alternatives. The fund is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS). PFIX was launched on May 10, 2021 and is managed by Simplify.

Key Stats

• Today's Range: $50.05 to $51.61
• 50-Day Range: $43.88 to $51.65
• 52-Week Range: $37.00 to $74.10
• Volume: 99,959 shs
• Average Volume: 92,695 shs
• Market Capitalization: $154.83 million
• Assets Under Management: $174.45 million
• Dividend Yield: 1.08%
• Net Expense Ratio: 0.50%
• Aggregate Rating: Moderate Buy

PFIX ETF - Frequently Asked Questions

How have PFIX shares performed this year?

Simplify Interest Rate Hedge ETF's stock was trading at $40.00 at the beginning of 2024. Since then, PFIX stock has increased by 27.8% and is now trading at $51.10.
View the best growth stocks for 2024 here.

Who are Simplify Interest Rate Hedge ETF's major shareholders?

Simplify Interest Rate Hedge ETF's top institutional investors include Jane Street Group LLC (8.95%), Ferguson Shapiro LLC (5.18%), Pekin Hardy Strauss Inc. (3.53%) and Bank of Montreal Can (2.92%).

How do I buy shares of Simplify Interest Rate Hedge ETF?

Shares of PFIX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Simplify Interest Rate Hedge ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Simplify Interest Rate Hedge ETF investors own include Intel (INTC), Golub Capital BDC (GBDC), Meta Platforms (META), DHT (DHT), First Trust Senior Loan ETF (FTSL), iShares Global Energy ETF (IXC) and Global X Variable Rate Preferred ETF (PFFV).

Fund Details

• Issuer: Simplify Asset Management
• Fund Name: Simplify Interest Rate Hedge ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NYSEARCA
• Current Symbol: NYSEARCA:PFIX
• Inception Date: 5/10/2021
• Fund Manager: Paul Kim, David Berns, Shailesh Gupta, Michael Green
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Fixed Income
• Benchmark: N/A
• Category: Broad Debt
• Focus: Strategy
• Development Level: Developed Markets
• Region: North America
• Number of Holdings: 16

Fund Statistics

• Assets Under Management: $174.45 million
• Average Daily Volume: $0.00
• Discount/Premium: 0.15%

Administrator, Advisor and Custodian

• Administrator: The Bank of New York Mellon Corporation
• Advisor: Simplify Asset Management Inc.
• Custodian: The Bank of New York Mellon Corporation
• Distributor: Foreside Fund Services, LLC
• Transfer Agent: The Bank of New York Mellon Corporation
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: Optionable
• Options Volume: 8
• Put Options: 2
• Call Options: 8
• Short Interest: 339,600 shs

Miscellaneous

• Outstanding Shares: 3,030,000
• Beta: -0.70
• Creation Unit: 25,000
• Creation Fee: $500.00