Simplify Interest Rate Hedge ETF (PFIX)Trading--Inverse Debt | Exchange Traded Fund | NYSEArca
58.60 USD
-0.98
(-1.645%) ⇩
(Oct. 16, 2026, 4 p.m.
EDT)
After hours: 59.02 +0.42 (0.717%) ⇧ (Oct. 16, 2026, 4:02 p.m. EDT) |
Hot Take ↕ | Oct. 10, 2026, 11:25 a.m. EDT
The recent price surge is a classic 'mean reversion' trap for this specific instrument. While the underlying business logic—hedging against rising rates—remains sound, the price has detached from its historical averages, trading significantly above both the 50-day and 200-day moving averages. The market is now pricing in a sharp pullback, and the options data confirms this skepticism with heavy downside positioning. For the long term, the asset is neutral; it lacks the explosive multi-year growth trajectory required for a top-tier buy, having suffered a massive crash in 2024 that wiped out previous gains. However, the short-term setup looks attractive for a tactical entry. The gap between the current price and the 200-day average offers a substantial cushion, and the heavy put activity suggests a potential bounce or consolidation rather than a collapse. Investors should view this as a high-conviction swing trade opportunity rather than a permanent accumulation zone. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.094384 |
| AutoETS | 0.094456 |
| AutoARIMA | 0.094457 |
| MSTL | 0.095650 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 39% |
| H-stat | 59.73 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.064 |
| Excess Kurtosis | -1.02 |
As of Oct. 10, 2026, 11:25 a.m. EDT: Speculators are aggressively positioning for a downside correction in the near term, evidenced by massive put volume and open interest concentrated at strikes below the current price (47, 50, 54). This 'insurance' buying contrasts sharply with the limited call activity, which is mostly ITM or low-volume OTM. The implied volatility skew is heavily weighted toward downside protection, suggesting a fear of a rapid drop despite the recent rally.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.17% | 7.78% | 34.10% | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-09-25 | 0.100 | 0.171145 |
| 2026-08-26 | 0.100 | 0.195503 |
| 2026-07-28 | 0.100 | 0.212224 |
| 2026-06-25 | 0.100 | 0.238949 |
| 2026-05-26 | 0.100 | 0.202758 |
| 2026-04-27 | 0.100 | 0.218007 |
| 2026-03-26 | 0.100 | 0.204792 |
| 2026-02-24 | 0.100 | 0.234687 |
| 2026-01-27 | 0.100 | 0.218771 |
| 2025-12-23 | 2.610 | 5.455686 |
| 2025-11-21 | 0.100 | 0.206143 |
| 2025-10-28 | 0.100 | 0.225479 |
| 2025-09-25 | 0.100 | 0.209776 |
| 2025-08-26 | 0.600 | 1.081471 |
| 2025-07-28 | 0.600 | 1.016088 |
| 2025-06-25 | 0.120 | 0.222758 |
| 2025-05-27 | 0.150 | 0.257113 |
| 2025-04-25 | 0.150 | 0.283768 |
| 2025-03-26 | 0.150 | 0.300120 |
| 2025-02-25 | 0.100 | 0.215517 |
| 2025-01-28 | 0.100 | 0.190694 |
| 2024-12-23 | 0.148 | 0.281048 |
| 2024-11-25 | 0.180 | 0.382572 |
| 2024-10-28 | 0.180 | 0.371058 |
| 2024-09-25 | 0.200 | 0.482975 |
| 2024-08-27 | 0.200 | 0.484848 |
| 2024-07-26 | 0.180 | 0.372401 |
| 2024-06-25 | 0.160 | 0.360685 |
| 2024-05-24 | 0.140 | 0.293317 |
| 2024-04-25 | 0.120 | 0.216998 |
| 2024-03-25 | 0.100 | 0.211640 |
| 2024-02-26 | 0.100 | 0.208681 |
| 2024-01-26 | 0.070 | 0.147275 |
| 2023-12-26 | 34.267 | 86.707995 |
| 2023-11-27 | 0.100 | 0.114051 |
| 2023-10-26 | 0.100 | 0.093791 |
| 2023-09-27 | 0.100 | 0.106191 |
| 2023-08-28 | 0.100 | 0.129116 |
| 2023-07-26 | 0.100 | 0.155909 |
| 2023-06-27 | 0.100 | 0.160901 |
| 2023-05-25 | 0.100 | 0.146714 |
| 2023-04-25 | 0.100 | 0.156666 |
| 2023-01-26 | 0.100 | 0.165207 |
| 2022-12-27 | 0.179 | 0.248163 |
| 2022-11-25 | 0.117 | 0.176978 |
| 2022-10-26 | 0.052 | 0.067524 |
| 2022-09-27 | 0.049 | 0.071869 |
| 2022-08-26 | 0.034 | 0.063386 |
| 2022-07-26 | 0.013 | 0.024612 |
| 2022-05-25 | 0.004 | 0.007645 |
| 2022-04-26 | 0.002 | 0.003636 |
| 2022-01-26 | 0.002 | 0.004950 |
| Attribute | Value |
|---|---|
| All Time High | 114.424 |
| All Time Low | 37.0 |
| Ask | 58.86 |
| Ask Size | 100 |
| Average Daily Volume10 Day | 852,160 |
| Average Daily Volume3 Month | 300,512 |
| Average Volume | 300,512 |
| Average Volume10Days | 852,160 |
| Beta3 Year | -5.94 |
| Bid | 58.75 |
| Bid Size | 100 |
| Category | Trading--Inverse Debt |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 59.75 |
| Day Low | 58.51 |
| Display Name | Interest Rate Hedge ETF |
| Dividend Yield | 1.87 |
| Esg Populated | 0 |
| Exchange | PCX |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 55.54688 |
| Fifty Day Average Change | 3.0531197 |
| Fifty Day Average Change Percent | 0.05496474 |
| Fifty Two Week Change Percent | 28.762913 |
| Fifty Two Week High | 68.112 |
| Fifty Two Week High Change | -9.512001 |
| Fifty Two Week High Change Percent | -0.13965236 |
| Fifty Two Week Low | 41.365 |
| Fifty Two Week Low Change | 17.234997 |
| Fifty Two Week Low Change Percent | 0.4166565 |
| Fifty Two Week Range | 41.365 - 68.112 |
| First Trade Date Milliseconds | 1,620,739,800,000 |
| Five Year Average Return | 0.2618502 |
| Full Exchange Name | NYSEArca |
| Fullday Change | -0.5600014 |
| Fullday Change Percent | -0.939915 |
| Fullday Price | 58.6 |
| Fund Family | Simplify Asset Management |
| Fund Inception Date | 1,620,604,800 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The adviser seeks to achieve the fund’s investment objective by allocating the fund’s assets approximately equally between: interest rate related derivatives and interest income producing debt instruments. The adviser seeks to achieve the interest rate hedging aspect of the fund’s investment objective by investing in swaptions, interest rate options, and Treasury futures. The fund is non-diversified. |
| Long Name | Simplify Interest Rate Hedge ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_708955996 |
| Nav Price | 59.3293 |
| Net Assets | 217,459,056.0 |
| Net Expense Ratio | 0.5 |
| Open | 59.58 |
| Phone | 614-469-3294 |
| Post Market Change | 0.42000198 |
| Post Market Change Percent | 0.71672696 |
| Post Market Price | 59.02 |
| Post Market Time | 1,792,180,922 |
| Previous Close | 59.58 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.980003 |
| Regular Market Change Percent | -1.64485 |
| Regular Market Day High | 59.75 |
| Regular Market Day Low | 58.51 |
| Regular Market Day Range | 58.51 - 59.75 |
| Regular Market Open | 59.58 |
| Regular Market Previous Close | 59.58 |
| Regular Market Price | 58.6 |
| Regular Market Time | 1,792,180,800 |
| Regular Market Volume | 636,525 |
| Short Name | Simplify Interest Rate Hedge ET |
| Source Interval | 15 |
| Symbol | PFIX |
| Three Year Average Return | 0.0776198 |
| Total Assets | 217,459,056 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 46.05153 |
| Trailing Three Month Returns | 46.05153 |
| Triggerable | 1 |
| Two Hundred Day Average | 48.61938 |
| Two Hundred Day Average Change | 9.980618 |
| Two Hundred Day Average Change Percent | 0.20528063 |
| Type Disp | ETF |
| Volume | 636,525 |
| Yield | 0.0187 |
| Ytd Return | 33.45686 |