This list is based on the watchlists of people on Stock Events who follow PFIX. It's not an investment recommendation.
This list is an analysis based on recent market events. It's not an investment recommendation.
The Simplify Interest Rate Hedge ETF (PFIX) seeks to hedge interest rate movements arising from rising long-term interest rates and to benefit from market stress when fixed income volatility increases. The fund holds a large position in over-the-counter (OTC) interest rate options intended to provide a direct and transparent convex exposure to large upward moves in interest rates and interest rate volatility. Using OTC derivatives, usually only available to institutional investors, PFIX is designed to be functionally similar to owning a position in long-dated put options on 20-year US Treasury bonds. Since the option position is held for an extended period, the ETF provides a simple and transparent interest rate hedge.
Show more...
FAQ
What is Simplify Interest Rate Hedge stock price today?▼
The current price of PFIX is $47.47 USD — it has decreased by -2.08% in the past 24 hours. Watch Simplify Interest Rate Hedge stock price performance more closely on the chart.
What is Simplify Interest Rate Hedge stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on exchange Simplify Interest Rate Hedge stocks are traded under the ticker PFIX.
Is Simplify Interest Rate Hedge stock price growing?▼
PFIX stock has fallen by -0.34% compared to the previous week, the month change is a +3.29% rise, over the last year Simplify Interest Rate Hedge has showed a -14.31% decrease.
Does Simplify Interest Rate Hedge pay dividends?▼
Yes, PFIX dividends are paid monthly. The last dividend per share was 0.1 USD. As of today, Dividend Yield (FWD)% is 10.07%.
In which sector is Simplify Interest Rate Hedge located?▼
Simplify Interest Rate Hedge operates in the Other sector.
When did Simplify Interest Rate Hedge complete a stock split?▼
Simplify Interest Rate Hedge has not had any recent stock splits.