Key stats
About Simplify Bond Bull ETF
Home page
Inception date
Dec 9, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Simplify Asset Management, Inc.
RFIX is a tactical tool designed to provide exposure akin to holding a long-dated call position on US Treasury bonds. The objective is to offset the impact of falling long-term interest rates while capitalizing on periods of market stress or heightened volatility. The fund allocates 5% to 30% of its portfolio to derivatives, including swaptions, interest rate options, and Treasury futures based on OTC interest rate contracts. Derivative selection focuses on maximizing convexity and minimizing the cost of ownership. The fund manager will reset the derivative exposure after extended periods or extreme rate moves. To secure these positions, it holds US Treasury securities, money market funds, fixed-income ETFs, and investment-grade corporate debt as collateral. The fund limits OTC counterparty exposure to 25%. Lastly, investments also include US Treasurys, TIPS, and ETFs with similar exposure to provide some potential income.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government99.85%
Cash0.15%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
RFIX last dividends amounted to 0.16 USD. The quarter before, the issuer paid 0.15 USD in dividends, which shows a 6.25% increase.
RFIX assets under management is 145.84 M USD. It's fallen 1.38% over the last month.
RFIX fund flows account for 159.96 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, RFIX pays dividends to its holders with the dividend yield of 3.82%. The last dividend (Jun 30, 2025) amounted to 0.16 USD. The dividends are paid quarterly.
RFIX shares are issued by Simplify Asset Management, Inc. under the brand Simplify. The ETF was launched on Dec 9, 2024, and its management style is Active.
RFIX expense ratio is 0.50% meaning you'd have to pay 0.50% of your investment to help manage the fund.
RFIX follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
RFIX invests in bonds.
RFIX price has fallen by −6.01% over the last month, and its yearly performance shows a −25.96% decrease. See more dynamics on RFIX price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.21% over the last month, showed a −11.19% decrease in three-month performance and has decreased by −13.01% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −6.21% over the last month, showed a −11.19% decrease in three-month performance and has decreased by −13.01% in a year.
RFIX trades at a premium (1.68%) meaning the ETF is trading at a higher price than the calculated NAV.