Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Fund Details
Upturn AI Summary
Simplify Interest Rate Hedge ETF(PFIX)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for PFIX
11/06/2026: PFIX (1-star) is currently NOT-A-BUY. Pass it for now.
Simplify Interest Rate Hedge ETF (PFIX) is an actively managed fund that uses interest rate options to provide a hedge against rising long-term interest rates. Its primary strength is offering institutional-grade hedging tools to retail investors without the compounding decay of leveraged ETFs. PFIX is best used as a tactical tool to protect a portfolio from interest rate spikes, rather than a core long-term investment. Key risks include the ongoing cost of options and potential underperformance if interest rates fall or stay stable. It is most suitable for investors who have a specific outlook on rising rates and want to manage that risk.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | This fund is designed as a hedge, not as a primary growth vehicle. |
| Momentum investor | Strong fit while signal remains positive | Momentum traders may use PFIX to capture upside during periods of rapidly accelerating bond yields. |
| Value investor | Mixed fit | Value investors might use this to hedge interest rate risk inherent in long-duration assets. |
| Dividend/Income investor | Weak fit | The fund is a hedging instrument and does not prioritize consistent dividend income. |
| Low-risk investor | Weak fit | The derivative-based strategy introduces high potential volatility and performance variance. |
Investor Profile
Ideal Investor Profile
Sophisticated investors looking to hedge interest rate risk in their fixed-income or equity portfolios.
Suitability
Best suited for tactical investors or those seeking a temporary hedge, rather than long-term passive holders.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The fund's reliance on interest rate options can lead to rapid price swings. |
| Market risk | High | Performance is tied directly to fluctuations in interest rates, which are inherently unpredictable. |
| Concentration | Medium | The portfolio is concentrated on specific interest rate sensitivity profiles. |
| Tracking/expense | Medium | Active management and option premiums add ongoing costs to the strategy. |
| Liquidity | Medium | Derivative markets can become less liquid during periods of extreme financial stress. |
| Business/sector quality | Low | The fund focuses on macro interest rate factors rather than company-specific business quality. |
Risk Analysis
Volatility
PFIX exhibits high volatility, particularly during major economic news cycles or yield curve shifts.
Market Risk
Primary risks include interest rate risk and the loss of option premiums if rates remain stable.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Fixed-income type | US Treasury Bonds (Collateral) | 50 | These holdings act as the collateral base for the fund's derivative positions. |
| Derivatives | Interest Rate Swaptions / Options | 48 | These instruments provide the primary hedge against rising long-term interest rates. |
| Cash/collateral | Cash and Equivalents | 2 | Small residual cash position held for operational liquidity. |
Analysis of Past Performance
Type ETF | Historic Profit 0.75% | Avg. Invested days 31 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  2.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 11/06/2026 |
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.