Simplify Interest Rate Hedge ETFPFIX
PFIX
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
0.04% less ownership
Funds ownership: 35.19% [Q2] → 35.15% (-0.04%) [Q3]
16% less capital invested
Capital invested by funds: $51.1M [Q2] → $42.7M (-$8.38M) [Q3]
21% less funds holding
Funds holding: 47 [Q2] → 37 (-10) [Q3]
38% less repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 13
59% less first-time investments, than exits
New positions opened: 7 | Existing positions closed: 17
100% less funds holding in top 10
Funds holding in top 10: 1 [Q2] → 0 (-1) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for PFIX.
Financial journalist opinion
Positive
Seeking Alpha
1 week ago
PFIX: Whopper Yield Won't Last, This Is A Hedging Tool
PFIX functions as a hedge against interest rate hikes, using long-dated options on 20-year US Treasury bonds and Treasuries. With the Federal Reserve cutting rates, PFIX's near-term returns are likely to be negative, making it less compelling to buy now. PFIX's 80% yield is misleading, stemming from a single distribution in December 2023, and may disappear from screeners soon.
Neutral
Business Wire
3 weeks ago
Simplify Provides Estimated Capital Gain Distribution Information for 2024
NEW YORK--(BUSINESS WIRE)--Simplify announced today that it expects to deliver capital gains distributions across six Simplify ETFs.
Positive
Zacks Investment Research
1 month ago
5 Best-Performing ETFs of October
Wall Street delivered a muted performance in October. But these ETFs returned more than 10%.
Neutral
Seeking Alpha
3 months ago
PFIX: Today's Stimulus Sows Tomorrow's Inflation
The PFIX ETF's short to medium-term outlook is negative due to the Federal Reserve's anticipated rate-cutting cycle in response to a weakening U.S. economy. Despite current challenges, investors may want to keep an eye on the PFIX, as today's Fed rate cuts may lead to tomorrow's inflation. Furthermore, America's budget deficits remain large and unsustainable and may boost long-term interest rates down the line.
Neutral
Zacks Investment Research
4 months ago
4 Best ETFs of Last Week
Wall Street was subdued last week.
Positive
Seeking Alpha
5 months ago
Best-Performing Bond ETFs For 2024
2024 has been a tough year for most bond funds, as delayed rate hikes led to lower bond prices. Some bond ETFs have managed to outperform in spite of these tough conditions. These tend to focus on investments with low, sometimes negative, duration.
Neutral
Seeking Alpha
5 months ago
PFIX: Trump Policies Potentially Inflationary
With Trump's election odds rising, investors need to start considering the implications of his policies. I believe Trump's policies are inflationary, which may lead to higher long-term interest rates in response. Even if Democrats win, America's fiscal situation remains dire and the path of least resistance may be higher long-term interest rates.
Negative
Zacks Investment Research
5 months ago
High Rates to Stay? Secure Your Portfolio With These ETFs
Federal Reserve Governor, Michelle Bowman, recently expressed a hawkish view regarding the future path of interest rates. Look into ETFs to secure your portfolio for any future uncertainties.
Positive
Zacks Investment Research
6 months ago
Rates to Stay Higher for Longer? ETF Strategies to Play
The Fed's Neel Kashkari believes that it's likely that the Fed will cut interest rates once in 2024, possibly in December.
Positive
Zacks Investment Research
7 months ago
These Top ETF Stories of April Worth a Look in May
April became the worst month of 2024 for Wall Street. However, on May 1, 2024, Fed Chair Powell kept the rates unchanged and indicated a move to ease back on balance sheet tightening.
Charts implemented using Lightweight Charts™