Simplify Interest Rate Hedge ETF (PFIX)
92.12
+1.51
(+1.67%)
USD |
NYSEARCA |
Sep 26, 16:00
92.08
-0.04
(-0.04%)
After-Hours: 20:00
Price Chart
Key Stats
| Net Expense Ratio | Discount or Premium to NAV | Total Assets Under Management | 30-Day Average Daily Volume |
|---|---|---|---|
| 0.50% | -2.70% | 242.01M | 165572.6 |
| Dividend Yield | Turnover Ratio | 1 Year Fund Level Flows | Max Drawdown (Since Inception) |
| 1.03% | 124.0% | -172.49M | Upgrade |
Basic Info
| Investment Strategy | |
| The investment seeks to hedge interest rate movements arising from rising long-term interest rates, and to benefit from market stress when fixed income volatility increases, while providing the potential for income. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Inflation-Protected Bond |
| Category Index | Bloomberg US Treasury US TIPS TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Government Bond - Treasury |
| Fund Owner Firm Name | Simplify Asset Management |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| David Berns | 2.31 yrs |
| Harley Bassman | 2.31 yrs |
| Paul Kim | 2.31 yrs |
Performance Versus Category
As of September 26, 2023. Returns for periods of 1 year and above are annualized.
Annual Total Returns Versus Peers
As of September 26, 2023.
Basic Info
| Investment Strategy | |
| The investment seeks to hedge interest rate movements arising from rising long-term interest rates, and to benefit from market stress when fixed income volatility increases, while providing the potential for income. 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. |
| General | |
| Security Type | Exchange-Traded Fund |
| Equity Style | -- |
| Fixed Income Style | -- |
| Broad Asset Class | Taxable Bond |
| Broad Category | Fixed Income |
| Category Name | Inflation-Protected Bond |
| Category Index | Bloomberg US Treasury US TIPS TR USD |
| Global Category Name | US Fixed Income |
| YCharts Categorization | US Fixed Income |
| YCharts Benchmark | Bloomberg US Aggregate (^BBUSATR) |
| Prospectus Objective | Government Bond - Treasury |
| Fund Owner Firm Name | Simplify Asset Management |
| Prospectus Benchmark Index | |
| N/A | 100.0% |
| Broad Asset Class Benchmark Index | |
| ^BBUSATR | 100.0% |
| Manager Tenure | |
| David Berns | 2.31 yrs |
| Harley Bassman | 2.31 yrs |
| Paul Kim | 2.31 yrs |