PFIX: An ETF Thriving Amid Bond Volatility

The roughly $240 million Simplify Interest Rate Hedge ETF (PFIX) is up 37% in 2023, outperforming most bond ETF or mutual funds in the US. Since the end of 2021, just before the Federal Reserve started to jack up borrowing costs, it has returned around 160%. On "Bloomberg ETF IQ", Michael Green, chief strategist and portfolio manager from Simplify, discusses the performance of the ETF.

Follow Bloomberg for business news & analysis, up-to-the-minute market data, features, profiles and more: http://www.bloomberg.com
Connect with us on...
Twitter: https://twitter.com/business
Facebook: https://www.facebook.com/bloombergbus...
Instagram: https://www.instagram.com/quicktake/?...