RFIX ETF — Simplify Bond Bull ETF

Simplify Bond Bull ETF (RFIX)

RFIX is an ETF. As of August 19, 2026, its distribution rate is 3.41%, its trailing-12-month yield is 4.64%, its expense ratio is 0.50%. Dividend Vision Distribution Safety Score™ is 50/100 (Caution). Fund total return is -38.1% over the past 1.7 years, 68.0 points behind SPY at 29.9%.

At the current 3.41% distribution rate, a $10,000 investment would generate approximately $341 per year, or $28.42 per month on an equivalent basis.

Simplify Bond Bull ETF is an actively managed fund that allocates between interest rate derivatives and debt instruments to pursue income generation. The fund distributes monthly at a modest current distribution rate, with an expense ratio of 0.50%. It may appeal to fixed income investors seeking regular income through a non-diversified strategy that incorporates derivatives alongside traditional bonds.

RFIX performance versus SPY

Data as of August 19, 2026.

Fund total return is -38.1% over the past 1.7 years, 68.0 points behind SPY at 29.9%. Its deepest 1-year drawdown was 20.2%.

RFIX key facts

Data as of August 19, 2026.

Distribution Safety Score™

50 · Caution

Safety-Adjusted Yield

1.71%

Issuer

Simplify ETFs

Asset type

ETF

Asset class

Fixed Income

Inception date

12/09/2024

Expense ratio

0.50%

Distribution rate

3.41%

Distribution frequency

Monthly

Trailing yield

4.64%

Last close

$35.17

AUM

$43,457,338

Average volume

471375.0

Last dividend

$0.1000

Ex-dividend date

07/28/2026

Payment date

07/31/2026

How Dividend Vision calculates yield and returns

Distribution rate (3.41%) is the latest regular payout annualized by the fund's stated frequency, divided by the last close. Issuers often publish this as “Distribution Rate” on the fact sheet. Trailing-12-month yield (4.64%) is the sum of distributions paid in the last 12 months, split-adjusted, divided by the last close. It lags a recent raise or cut. We show a 30-day SEC yield when the fund publishes one. Schwab and other issuers may report a TTM distribution yield or SEC yield on a different date — all can be valid; they are not interchangeable. Fund total return uses split-adjusted close with distributions reinvested from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is what the fund did, not your personal gain/loss. Figures below use Dividend Vision data as of August 19, 2026.

Distribution rate methodology · Distribution Safety Score methodology · SEC yield

Sources and review

Data as of August 19, 2026.

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.

RFIX risks and drawbacks

RFIX's current distribution rate is moderate, not a high-yield payout — the strategy is dividend quality more than maximum income. Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 20.2%.

Who may consider RFIX — and who may not

RFIX 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; investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

Frequently asked questions

More funds from Simplify ETFs.