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Simplify Interest Rate Hedge ETF (PFIX)
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Upturn Advisory Summary
12/04/2025: PFIX (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 6.84% | Avg. Invested days 29 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  3.0 | ETF Returns Performance  2.0 |
| Profits based on simulation | Last Close 12/04/2025 |
Key Highlights
Volume (30-day avg) - | Beta -5.01 | 52 Weeks Range 37.00 - 65.15 | Updated Date 06/29/2025 |
52 Weeks Range 37.00 - 65.15 | Updated Date 06/29/2025 |
Upturn AI SWOT
Simplify Interest Rate Hedge ETF
ETF Overview
Overview
The Simplify Interest Rate Hedge ETF (PFIX) seeks to hedge against rising long-term interest rates by providing exposure to long-dated put options on U.S. Treasury bonds. It's designed to benefit from significant increases in interest rates.
Reputation and Reliability
Simplify Asset Management is a relatively new but innovative ETF provider known for its options-based strategies.
Management Expertise
Simplify's management team has experience in options and fixed income markets.
Investment Objective
Goal
The primary goal of PFIX is to provide targeted exposure to interest rate increases, specifically at the long end of the yield curve.
Investment Approach and Strategy
Strategy: PFIX employs a strategy of buying long-dated put options on Treasury bonds. It does not track a specific index but uses a quantitative approach.
Composition The ETF's primary assets are long-dated put options on U.S. Treasury bonds.
Market Position
Market Share: PFIX holds a substantial market share within the niche market of interest rate hedging ETFs. Its share varies based on investor sentiment and market volatility.
Total Net Assets (AUM): 63081931
Competitors
Key Competitors
- ProShares Short 20+ Year Treasury (TBF)
- Direxion Daily 20+ Year Treasury Bear 3X Shares (TMV)
Competitive Landscape
The competitive landscape consists mainly of inverse and leveraged Treasury ETFs. PFIX differentiates itself by using put options, offering a different risk/reward profile. PFIX's advantage lies in its limited downside risk (premium paid) while competitors can suffer from continuous losses due to compounding effects and decay. Its disadvantage is theta decay of the options.
Financial Performance
Historical Performance: Historical performance is highly dependent on interest rate movements. In periods of rising rates, PFIX tends to outperform; during stable or declining rates, it can underperform.
Benchmark Comparison: There is no direct benchmark, but performance can be compared against changes in long-term Treasury yields.
Expense Ratio: 0.5
Liquidity
Average Trading Volume
PFIX's average trading volume is moderate, which is typical for specialized ETFs.
Bid-Ask Spread
The bid-ask spread of PFIX can be relatively wide, depending on market conditions and trading volume.
Market Dynamics
Market Environment Factors
Economic indicators like inflation, Federal Reserve policy, and overall market sentiment impact PFIX's performance. Increasing inflation or hawkish Fed policy typically benefit the ETF.
Growth Trajectory
The growth trajectory of PFIX depends on investor demand for interest rate hedging. Increased awareness of interest rate risk could lead to higher demand.
Moat and Competitive Advantages
Competitive Edge
PFIX's competitive advantage lies in its targeted exposure to rising interest rates through the use of put options. This approach provides a defined risk profile, limiting potential losses to the premium paid for the options. Unlike short or inverse Treasury ETFs, PFIX does not suffer from the effects of contango or the potential for unlimited losses. Simplify's expertise in structuring options-based ETFs also contributes to its competitive edge.
Risk Analysis
Volatility
PFIX's volatility can be high, especially during periods of uncertainty in the interest rate market.
Market Risk
The primary market risk is the sensitivity to interest rate changes. If interest rates remain stable or decline, the value of the put options can erode.
Investor Profile
Ideal Investor Profile
The ideal investor for PFIX is one who seeks to hedge against potential increases in long-term interest rates, especially those with fixed income portfolios vulnerable to rising rates.
Market Risk
PFIX is best suited for investors who understand options and are looking for a tactical tool to manage interest rate risk rather than a long-term core holding.
Summary
PFIX provides a targeted way to hedge against rising long-term interest rates using put options on Treasury bonds. Its performance is highly dependent on the direction of interest rates. It is best suited for investors who seek to protect against rising rates within their portfolios. The ETF's unique approach and relatively high volatility make it appropriate for sophisticated investors.
Similar ETFs
Sources and Disclaimers
Data Sources:
- Simplify Asset Management Website
- ETF.com
- Yahoo Finance
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Past performance is not indicative of future results. Consult with a qualified financial advisor before making any investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Simplify Interest Rate Hedge ETF
Exchange NYSE ARCA | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The adviser seeks to achieve the fund"s investment objective by allocating the fund"s assets approximately equally between: interest rate related derivatives and interest income producing debt instruments. The adviser seeks to achieve the interest rate hedging aspect of the fund"s investment objective by investing in swaptions, interest rate options, and Treasury futures. The fund is non-diversified.
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.