# Simplify Interest Rate Hedge ETF (PFIX) — Overview

PFIX · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/pfix

## Price

Last close $59.58 on Oct 15, 2026. 52-week range $41.54 – $67.32.

## Fund profile

PFIX is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS).

| Metric | Value |
| --- | --- |
| Issuer | Simplify Asset Management Inc. |
| Industry | — |
| Inception | May 10, 2021 |
| Assets under management | $275.4M |
| Expense ratio | 0.50% |
| Net asset value | $61.19 (as of Oct 14, 2026) |
| Distributions | Monthly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Simplify Interest Rate Hedge ETF (PFIX)?

PFIX is actively managed to provide a hedge against a sharp increase in long-term interest rates. The fund holds OTC interest rate options, US Treasurys, and US Treasury Inflation-Protected Securities (TIPS).

### What is PFIX's expense ratio?

Simplify Interest Rate Hedge ETF charges an annual expense ratio of 0.50%. The fund is issued by Simplify Asset Management Inc..

### How large is PFIX?

Simplify Interest Rate Hedge ETF manages $275.4M in assets and has traded since May 10, 2021.

### How do I buy shares of Simplify Interest Rate Hedge ETF (PFIX)?

PFIX trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).