# Simplify Interest Rate Hedge ETF (PFIX)

> Source: Nexqual · https://nexqual.com/PFIX · data as of 2026-10-23 20:00 UTC · cite as "Nexqual, Simplify Interest Rate Hedge ETF (PFIX), nexqual.com/PFIX" · informational, not investment advice.

**Price:** USD 57.42 (+0.74% on the day) · last close of Oct 23, 2026; US market after hours, not a live price. Prev close 57 · day 56.52–57.61 · 52w 41.37–68.11 · market cap null · PCX

## Key facts
- Total return with dividends: 1Y +36.7% vs S&P 500 +13.4%; 5Y +217.4% vs S&P 500 +76.9%.

## Total return (dividends reinvested)
|  | 1Y (from 2025-10-24) | 5Y (from 2021-10-25) |
|---|---|---|
| Total return | +36.7% | +217.4% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +36.8% | +26.0% |
| Volatility (annualized) | 30.0% | 39.9% |
| Max drawdown | -19.5% (May 2026→Jun 2026) | -36.2% (Oct 2023→Dec 2023) |

## Peers
INFL (Horizon Kinetics Inflation Bene) USD 50.89 +0.08% · CTA (Simplify Managed Futures Strate) USD 30.77 +2.43% · IVOL (Quadratic Interest Rate Volatil) USD 17.11 +0.65% · DBMF (iMGP DBi Managed Futures Strate) USD 32.73 +0.83% · KMLM (KraneShares Mount Lucas Managed) USD 31.04 +1.84%

## More
Full page: https://nexqual.com/PFIX · Free keyless MCP server with the same data and citations: https://mcp.nexqual.com/mcp · Guide for agents: https://nexqual.com/agents · https://nexqual.com/llms.txt

## Options: expected move (Cboe, 15-min delayed)

| Expiration | Days | ATM IV | Expected move |
|---|---|---|---|
| 2026-11-20 | 28 | 32.8% | ±8.8% |
| 2026-12-18 | 56 | 29.7% | ±9.6% |
| 2027-01-15 | 84 | 27.5% | ±11.9% |
| 2027-04-16 | 175 | 33.2% | ±19.3% |