PFIX ETF — Simplify Interest Rate Hedge ETF

Simplify Interest Rate Hedge ETF (PFIX)

Updated October 16, 2026.

PFIX is an ETF. its distribution rate is 2.05%, its trailing-12-month yield is 6.33%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 67/100 (Generally safe). Its deepest 1-year drawdown was 19.5%.

Simplify Interest Rate Hedge ETF allocates assets roughly equally between interest rate derivatives—including swaptions, interest rate options, and Treasury futures—and income-producing debt instruments, seeking to provide both interest rate hedging and income generation. The fund carries a modest current distribution rate and distributes monthly, with an expense ratio of 0.50%. It may appeal to investors seeking exposure to interest rate strategies alongside regular income, though its non-diversified structure and derivatives focus involve distinct risks compared to traditional fixed-income funds.

PFIX performance

Returns are updating. PFIX's total return appears here after the next nightly update.

Its deepest 1-year drawdown was 19.5%.

PFIX key facts

Distribution Safety Score™

67 · Generally safe

Safety-Adjusted Yield

1.37%

Issuer

Simplify ETFs

Asset type

ETF

Asset class

Equity

Inception date

05/10/2021

Expense ratio

0.50%

Distribution rate

2.05%

Distribution frequency

Monthly

Trailing yield

6.33%

Last close

$58.60 (as of 2026-10-16)

AUM

$11,108,812

Average volume

636525.0

Dividend

$0.10

Ex-dividend date

09/25/2026

Payment date

09/30/2026

Beta

-5.94

How Dividend Vision calculates yield and returns

Distribution rate (2.05%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (6.33%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Simplify ETFs; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

PFIX risks and drawbacks

PFIX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. The deepest 1-year drawdown on record here is 19.5%.

Who may consider PFIX — and who may not

PFIX may suit someone looking for moderate current income with a quality tilt. It is a weaker fit for investors hunting double-digit covered-call yields. This is educational context, not a recommendation to buy or sell.

More on PFIX

• All tickers starting with P

Frequently asked questions

More securities from Simplify ETFs.