What does PFIX track?

PFIX is the Simplify Interest Rate Hedge ETF, a Other ETF.

What is the expense ratio of PFIX?

Expense ratio data for PFIX is shown on the page when available from our data provider.

What are the largest holdings in PFIX?

Top holdings include B 12/31/26 Govt, B 12/3/26 Govt, SBIL, SWAPTION 05/10/2030 P4.50/SOFR MSX, B 1/28/27 Govt.

How can PortView analyze PFIX overlap with other ETFs?

PortView computes the holdings overlap between PFIX and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

Simplify Interest Rate Hedge (PFIX) ETF Holdings & Analysis

ETFOther

$51.94+0.68%

1-year price historyRange $41.54 – $56.27

52-week range$51.94

$41.37$57.38

What PFIX does

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.

Fund profile

Top holdings

	Holding	Weight
	B 12/31/26 Govt	22.97%
	B 12/3/26 Govt	18.69%
	SIMPLIFY E GOVT MONEY MKT ETF	13.04%
	SWAPTION 05/10/2030 P4.50/SOFR MSX	12.11%
	B 1/28/27 Govt	11.83%
	B 10/15/26 Govt	3.28%
	SWAPTION 06/16/2032 P5.00/SOFR GSX	2.95%
	SWAPTION 06/16/2032 P4.75/SOFR JPM	2.43%
	SWAPTION 05/10/2030 P4.50/SOFR GSX	2.02%
	SWAPTION 05/01/2030 P4.50/SOFR JPM	1.97%

Sector allocation

Cash & Others	85.58%
Financial Services	14.42%

Geographic allocation

Other	85.58%
United States	14.42%

PortView Portfolio Insights

PortView analyzes how PFIX fits your actual portfolio — position weight, ETF overlap with your other funds, sector and geographic exposure, concentration, and how this fund contributes to your portfolio risk and return. Connect a portfolio to see your personalized figures; PortView never shows another user's private holdings.

Analyze PFIX in PortView →

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Frequently asked questions

What does PFIX track?: PFIX is the Simplify Interest Rate Hedge ETF, a Other ETF.
What is the expense ratio of PFIX?: Expense ratio data for PFIX is shown on the page when available from our data provider.
What are the largest holdings in PFIX?: Top holdings include B 12/31/26 Govt, B 12/3/26 Govt, SBIL, SWAPTION 05/10/2030 P4.50/SOFR MSX, B 1/28/27 Govt.
How can PortView analyze PFIX overlap with other ETFs?: PortView computes the holdings overlap between PFIX and the other ETFs and stocks you own, plus your combined sector and geographic exposure, so you can see true diversification.

The information provided by PortView is for informational and educational purposes only and does not constitute investment advice. Market data may be delayed. Past performance does not guarantee future results.