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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, Nov 13
Price50.54
Volume112k
Avg Vol69k
RSf58.4
$Vol(21d)4m
52 wk High54.75
52 wk Low36.81
Yield(ttm)69.64%
Inception:May 2021
Total Returns:
1 day2.6%
5 day-0.7%
1 month14.3%
3 month20.1%
6 month8.7%
9 month2.7%
1 year-0.4%
 
Compare Funds:
Correlated Group: Devlpd x/US (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
ProShares UltraPro Short 20+ Year Treasury ETFTTT0.94  
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV0.94  
ProShares UltraShort Lehman 20+ TrsyTBT0.93  
ProShares Short 20+ Year TreasuryTBF0.93  
Fidelity Enhanced Lg Cap Core ETFFELC0.69  
FolioBeyond Rising RatesRISR0.55  
Invesco DB US Dollar Index Bullish FundUUP0.53  
Fidelity Enhance Mid Cap ETFFMDE0.50  
WisdomTree Bloomberg US Dllr Bullish ETFUSDU0.47  
ProShares Investment Grd Intr Rt HdgdIGHG0.43  
Least Correlated
Vanguard Emerging Markets VIPERsVWO0.00  
ProShares Ultra DJ-UBS Natural Gas ETFBOIL0.00  
Invesco ETF TR S&P 500 Eq WghtdRSP0.00  
iShares MSCI India Index ETFINDA0.00  
Direxion Daily India Bull 3x SharesINDL0.00  
Direxion Daily China Bull 3X SharesYINN-0.00  
iShares Morningstar Mid Cap ValueIMCV-0.00  
First Trust Gbl Tactical Commodity StrategyFTGC-0.00  
FlexShares Quality Div Index FundQDF-0.00  
iShares iBonds Dec 2024 Corp ETFIBDP-0.00  
Most Inversely Correlated
iShares 25+ Year Treasury STRIPS Bond ETFGOVZ-0.93  
PIMCO 25+ Yr Zero Cpn U.S. Trsy Idx ETFZROZ-0.93  
ProShares Ultra 20+ Year TreasuryUBT-0.93  
Vanguard Long-Term Govt Bd Idx ETFVGLT-0.93  
iShares Barclays 10-20 Year Treasury Bond FundTLH-0.93  
Invesco Eq Wt 0-30 Yr TreasuryGOVI-0.93  
iShares Barclays 20 Year Treasury Bond FundTLT-0.93  
Direxion Daily 20+ Yr Trs Bull 3X SharesTMF-0.94  
SPDR Portfolio Long Term TreasurySPTL-0.94  
Schwab Long-Term US Treasury ETFSCHQ-0.94  
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: 2024-11-08.


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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