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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 Thu, Sep 19
Price40.40
Volume69k
Avg Vol57k
RSf5.0
$Vol(21d)2m
52 wk High60.33
52 wk Low36.95
Yield(ttm)86.92%
Inception:May 2021
Total Returns:
1 day3.6%
5 day5.1%
1 month-0.2%
3 month-9.9%
6 month-14.9%
9 month6.6%
1 year-6.3%
 
Compare Funds:
Correlated Group: Devlpd x/US (View cGroup) (All Groups)




Correlated Funds

Most Directly Correlated
Direxion Daily 20+ Yr Trs Bear 3X SharesTMV0.95  
ProShares UltraShort Lehman 20+ TrsyTBT0.95  
ProShares Short 20+ Year TreasuryTBF0.95  
Simplify Managed Futures ETFCTA0.55  
iM DBi Managed Futures Strategy ETFDBMF0.51  
ProShares UltraShort YenYCS0.51  
Invesco DB US Dollar Index Bullish FundUUP0.45  
ProShares Investment Grd Intr Rt HdgdIGHG0.41  
WisdomTree Bloomberg US Dllr Bullish ETFUSDU0.39  
Direxion Daily Real Estate Bear 3X ShrsDRV0.37  
Least Correlated
Unusual Whales Subversive Democratic TradingNANC0.00  
NEOS Nasdaq 100 High Income ETFQQQI0.00  
Invesco Dyn Large Cap GrowthPWB0.00  
First Trust NASDAQ CyberSecurity ETFCIBR-0.00  
Roundhill Magnificent SevenMAGS-0.00  
Innovator S&P 500 Power Buffer ETF JanuaryPJAN-0.00  
GraniteShares 1.75x Long BABA Daily ETFBABX-0.00  
Proshares Ultra SemiconductorsUSD-0.00  
Ishares S&P Software Index FundIGV-0.00  
First Trust Long/Short Eqty ETFFTLS-0.00  
Most Inversely Correlated
iShares Barclays 20 Year Treasury Bond FundTLT-0.94  
PIMCO 25+ Yr Zero Cpn U.S. Trsy Idx ETFZROZ-0.94  
Vanguard Extended Dur Treas IdxEDV-0.94  
iShares 25+ Year Treasury STRIPS Bond ETFGOVZ-0.94  
ProShares Ultra 20+ Year TreasuryUBT-0.95  
Invesco Eq Wt 0-30 Yr TreasuryGOVI-0.95  
iShares Barclays 10-20 Year Treasury Bond FundTLH-0.95  
Direxion Daily 20+ Yr Trs Bull 3X SharesTMF-0.95  
SPDR Portfolio Long Term TreasurySPTL-0.95  
Schwab Long-Term US Treasury ETFSCHQ-0.96  
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: 2024-09-13.


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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