- What are the top holdings of PFIX?
- Simplify Interest Rate Hedge ETF holds 13 securities in total. The largest positions and their portfolio weights are listed on the Holdings tab.
- How many holdings does PFIX have?
- PFIX holds 13 positions as reported by the fund's most recent disclosure.
- What sectors does PFIX invest in?
- Simplify Interest Rate Hedge ETF (PFIX) allocates across the sectors shown above. The largest exposure tops the list; the rest follow in descending weight order.
- What sector is PFIX most exposed to?
- PFIX's full sector breakdown is on the Sectors tab. The largest sector weight is shown there along with the rest of the allocation.
- Is PFIX a US-only fund?
- The country allocation card on this page shows PFIX's geographic exposure. Funds with > 95% US weight are effectively US-only; international or global funds will show meaningful weights across multiple countries.
- What does PFIX invest in?
- The Simplify Interest Rate Hedge ETF (PFIX) is designed to mitigate the impact of ascending long-term interest rates and capitalize on periods of elevated market stress characterized by increased fixed income volatility. The fund achieves this by holding substantial positions in over-the-counter (OTC) interest rate options. These options are specifically chosen to provide a direct, transparent, and convex upside from significant increases in both interest rates and their inherent volatility. PFIX offers retail investors access to sophisticated OTC derivatives, instruments traditionally reserved for institutional players. In essence, it is designed to function similarly to holding long-dated put options on 20-year US Treasury bonds. By maintaining these option exposures for an extended duration, the ETF delivers a clear and uncomplicated solution for interest rate hedging.
