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Simplify Interest Rate Hedge ETF (PFIX) - ETF





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Volume(000's)


Charts and data are derived from prices adjusted for both splits and distributions to emphasize total return.

ETF Symbol:
This data as of Market Close on Wed, Jan 29
Price52.65
Volume66k
Avg Vol111k
RSf68.1
$Vol(21d)8m
52 wk High57.50
52 wk Low36.76
Yield(ttm)1.86%
Inception:May 2021
Total Returns:
1 day0.4%
5 day-1.8%
1 month1.5%
3 month9.2%
6 month11.5%
9 month-1.6%
1 year12.9%
 
Compare Funds:
Correlated Group: Devlpd x/US (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV0.91  
ProShares UltraShort Lehman 20+ TrsyTBT0.91  
ProShares Short 20+ Year TreasuryTBF0.90  
ProShares UltraPro Short 20+ Year Treasury ETFTTT0.90  
FolioBeyond Rising RatesRISR0.46  
Invesco DB US Dollar Index Bullish FundUUP0.46  
WisdomTree Bloomberg US Dllr Bullish ETFUSDU0.42  
ProShares UltraShort EuroEUO0.38  
Direxion Daily Real Estate Bear 3X ShrsDRV0.37  
WisdomTree Japan Hedged EquityDXJ0.33  
Least Correlated
EGShares EM Core ex-China ETFXCEM0.00  
Dimensional Emrg Mkts Core Equity 2DFEM0.00  
FlexShares Quality Div Index FundQDF0.00  
First Trust D Wright Intl Focus 5 ETFIFV0.00  
First Trust Japan AlphaDEX ETFFJP-0.00  
Invesco DWA Dev Mrkts Technical LdrsPIZ-0.00  
Tuttle Capital Short Innovation ETFSARK-0.00  
AXS 2X Innovation ETFTARK-0.00  
Invesco Variable Rate Investment Grade PortfolioVRIG-0.00  
ARK Innovation ETFARKK-0.00  
Most Inversely Correlated
Invesco Eq Wt 0-30 Yr TreasuryGOVI-0.89  
Vanguard Long-Term Govt Bd Idx ETFVGLT-0.89  
Vanguard Extended Dur Treas IdxEDV-0.89  
iShares Barclays 10-20 Year Treasury Bond FundTLH-0.89  
SPDR Portfolio Long Term TreasurySPTL-0.90  
iShares Barclays 20 Year Treasury Bond FundTLT-0.90  
ProShares Ultra 20+ Year TreasuryUBT-0.90  
PIMCO 25+ Yr Zero Cpn U.S. Trsy Idx ETFZROZ-0.90  
Schwab Long-Term US Treasury ETFSCHQ-0.91  
Direxion Daily 20+ Yr Trs Bull 3X SharesTMF-0.91  
These 126 day (6 month) correlations can be considered short term, focusing on recent price movements.
Correlations are only calculated for actively traded funds. As of: 2025-01-24.


Exchange-traded funds are similar to index funds that trade like a single stock. Until the advent of the ETF, it was impossible to trade indexes this easily through an equity account. Most ETFs are relatively static in make-up, like the SPY or QQQQ index funds. Others, like some of the PowerShares funds, are dynamic and the holdings are changed routinely. ETFs have risks similar to stocks in that their value can rise or fall at the discretion of the marketplace. Some ETFs, like international funds and narrowly based indexes, have special risks that the investor should be aware of. However, used properly ETFs can provide an efficient and effective investment vehicle for achieving results that were near impossible for the typical investor to achieve prior to their development.








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