ATLASSimplify Interest Rate Hedge ETF (PFIX): outlook, holdings and fees
Simplify Interest Rate Hedge ETF (PFIX) is an exchange-traded fund and is managed by SoFi. The expense ratio is 0.50% and the yield is 1.89%. The ten largest holdings are 26% of the fund.
Fund data as of Oct 14, 2026 · Price Nov 2, 2026
ATLAS view on PFIX
| Last price | $54.95 (-1.6%) |
|---|---|
| ATLAS chance of a higher price in 1 month | 50% |
| Likely 1-month range (50%) | $51.79 – $58.39 |
| Normal 1-day range (±1σ) | ±2.0% |
| Distribution yield | 1.89% |
ATLAS probabilities use the same calibrated model as every stock page. A fair value is shown for companies, not funds; the holdings below link to the fair value of each company.
PFIX fund facts
| Issuer | SoFi |
|---|---|
| Theme | Other strategies |
| Assets under management | $11.1M |
| Expense ratio | 0.50% |
| Number of holdings | 50 |
| Portfolio turnover | 120% |
| Inception | May 10, 2021 |
| Exchange | NYSE |
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.
PFIX top holdings
| Holding | Sector | Weight |
|---|---|---|
| JPMorgan Chase & Co JPM | Financial Services | 3.87% |
| Broadcom Inc AVGO | Technology | 3.93% |
| Exxon Mobil Corp. XXON | – | 3.33% |
| Johnson & Johnson JNJ | Healthcare | 2.96% |
| Procter & Gamble Company PG | Consumer Defensive | 2.80% |
| Chevron Corp CVX | Energy | 1.98% |
| Toyota Motor Corp 7203 | Consumer Cyclical | 2.04% |
| Bank of America Corp BAC | Financial Services | 1.69% |
| Novartis AG NOVN | Healthcare | 1.50% |
| Cisco Systems Inc CSCO | Technology | 1.45% |
Holdings with an ATLAS page link to their probability range, fair value and earnings calendar.
PFIX sector breakdown
| Sector | Weight |
|---|---|
| Financial Services | 28.4% |
| Industrials | 15.0% |
| Energy | 10.2% |
| Healthcare | 9.0% |
| Technology | 8.9% |
| Consumer Defensive | 7.3% |
| Consumer Cyclicals | 6.3% |
| Utilities | 4.8% |
| Communication Services | 4.3% |
| Basic Materials | 3.2% |
| Real Estate | 2.6% |
By region: North America 59.0%, Europe Developed 19.0%, Japan 11.4%, United Kingdom 4.7%, Australasia 3.5%.
PFIX returns and risk
| Year to date | +1.6% |
|---|---|
| 1 year | +8.1% |
| 3 years (annualised) | 0.0% |
| 5 years (annualised) | 0.0% |
| 10 years (annualised) | 0.0% |
| Volatility (3 years) | 0.0% |
| Sharpe ratio (3 years) | 0.00 |
Past returns do not guarantee future results.
PFIX: frequently asked questions
What does PFIX invest in?
Simplify Interest Rate Hedge ETF invests in a portfolio of securities. Its largest holdings are JPMorgan Chase & Co (3.9%), Broadcom Inc (3.9%), Exxon Mobil Corp. (3.3%), Johnson & Johnson (3.0%), Procter & Gamble Company (2.8%).
What is the PFIX expense ratio?
0.50% a year: about $50.00 for every $10,000 invested.
What is the PFIX dividend yield?
1.89%. ATLAS does not hold the exact distribution dates for ETFs.
Will PFIX go up?
Nobody can know. The ATLAS model puts the chance of a higher price in one month at 50%, with a likely range (50%) of $51.79 to $58.39 from $54.95 today. It is a probability, not a prediction.
How has PFIX performed?
Year to date +1.6%, one year +8.1%, three years 0.0% a year, five years 0.0% a year. Past returns do not guarantee future results.
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Educational information, not investment advice. Disclaimer