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NYSEArca - Nasdaq Real Time Price USD

Simplify Interest Rate Hedge ETF (PFIX)

46.70
-1.31
(-2.73%)
At close: 4:00:00 PM EDT
46.23
-0.47
(-1.01%)
After hours: 7:23:28 PM EDT

ETF Summary

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.

ETF Overview

Category Inflation-Protected Bond
Fund Family Simplify Asset Management
Net Assets 158.9M
YTD Daily Total Return -7.62%
Yield 3.84%
Legal Type Exchange Traded Fund

ETF Operations

Attributes PFIX Category Average
Annual Report Expense Ratio (net) 0.50% 0.70%
Holdings Turnover 164.00% 71.57%
Total Net Assets 0.00 0.00

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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