Simplify Interest Rate Etf Profile

PFIX Etf  USD 46.96  0.74  1.55%   

Performance

7 of 100

 
Weak
 
Strong
OK

Odds Of Distress

Less than 9

 
High
 
Low
Low
Simplify Interest is trading at 46.96 as of the 28th of November 2024; that is 1.55 percent decrease since the beginning of the trading day. The etf's open price was 47.7. Simplify Interest has less than a 9 % chance of experiencing financial distress in the next few years but had a somewhat ok performance during the last 90 days. Equity ratings for Simplify Interest Rate are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 30th of August 2024 and ending today, the 28th of November 2024. Click here to learn more.
The adviser seeks to achieve the funds investment objective by investing in U.S. Simplify Interest is traded on NYSEARCA Exchange in the United States. More on Simplify Interest Rate

Moving together with Simplify Etf

  0.73WLDR Affinity World LeadersPairCorr

Moving against Simplify Etf

  0.66GCOW Pacer Global CashPairCorr
  0.52DIVD Altrius Global DividendPairCorr

Simplify Etf Highlights

Thematic Ideas
(View all Themes)
Business ConcentrationBroad Debt ETFs, Strategy ETFs, Global Large-Stock Value, Simplify Asset Management (View all Sectors)
IssuerSimplify Asset Management
Inception Date2021-05-10
Entity TypeRegulated Investment Company
Asset Under Management150.1 Million
Asset TypeFixed Income
CategoryBroad Debt
FocusStrategy
Market ConcentrationDeveloped Markets
RegionNorth America
AdministratorThe Bank of New York Mellon Corporation
AdvisorSimplify Asset Management Inc.
CustodianThe Bank of New York Mellon Corporation
DistributorForeside Fund Services, LLC
Portfolio ManagerPaul Kim, David Berns, Shailesh Gupta, Michael Green
Transfer AgentThe Bank of New York Mellon Corporation
Fiscal Year End31-Jan
ExchangeNYSE Arca, Inc.
Number of Constituents16.0
Market MakerJane Street
Total Expense0.5
Management Fee0.5
Country NameUSA
Returns Y T D1.63
NameSimplify Interest Rate Hedge ETF
Currency CodeUSD
Open FigiBBG010Z8GW59
1y Volatility14.1
200 Day M A46.5925
50 Day M A46.0167
CodePFIX
Updated At27th of November 2024
Currency NameUS Dollar
TypeETF
Simplify Interest Rate [PFIX] is traded in USA and was established 2021-05-10. The fund is listed under Global Large-Stock Value category and is part of Simplify Asset Management family. The entity is thematically classified as Broad Debt ETFs. Simplify Interest Rate at this time have 357.99 M in assets. , while the total return for the last year was 8.4%.
Check Simplify Interest Probability Of Bankruptcy

Top Simplify Interest Rate Etf Constituents

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VOEVoestalpine AGStockSteel Production And Products
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ELISAElisa OyjStockCommunication Services
RKTReckitt Benckiser GroupStockConsumer Staples
FREFresenius SE CoStockMedical Care Facilities
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Simplify Interest Top Holders

AGGHSimplify Exchange TradedEtfIntermediate Core Bond
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Simplify Interest Rate Risk Profiles

The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in Simplify Interest. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures.

Simplify Interest Against Markets

When determining whether Simplify Interest Rate offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Simplify Interest's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Simplify Interest Rate Etf. Outlined below are crucial reports that will aid in making a well-informed decision on Simplify Interest Rate Etf:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Simplify Interest Rate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.
The market value of Simplify Interest Rate is measured differently than its book value, which is the value of Simplify that is recorded on the company's balance sheet. Investors also form their own opinion of Simplify Interest's value that differs from its market value or its book value, called intrinsic value, which is Simplify Interest's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Simplify Interest's market value can be influenced by many factors that don't directly affect Simplify Interest's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Simplify Interest's value and its price as these two are different measures arrived at by different means. Investors typically determine if Simplify Interest is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Simplify Interest's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.