DIVZ vs PFIX
Polen Dividend Income ETF vs Simplify Interest Rate Hedge ETF
Which is better, DIVZ or PFIX?
PFIX has been ahead.
PFIX has a lower expense ratio. PFIX led over 1Y and the full window.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIVZ | PFIX |
|---|---|---|
| Expense Ratio | 0.65% | 0.50%Best |
| AUM | $304M | $226M |
| Dividend Yield | 2.66% | 5.54% |
| Holdings | 58 | 30 |
| Volatility (annualized) | 14.4%Best | 37.4% |
| Max Drawdown | -15.4%Best | -36.2% |
| $10,000 over 4.1 years | $13,825 | $22,758Best |
| Fund Family | TrueShares | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 27, 2021 | May 10, 2021 |
Not shown on this pair: YTD Return, 1Y Return, 3Y Return (annualized), 5Y Return (annualized), Top 10 Weight.
The two price series end 488 days apart, so a return over any period would be measuring two different stretches of market. Those rows are withheld. DIVZ has data through Jun 13, 2025 and PFIX through Oct 14, 2026.
Volatility and max drawdown, and the $10,000 over 4.1 years row, are measured over the window both funds cover: May 11, 2021 to Jun 13, 2025 (4.1 years).
Risk: Volatility and Drawdowns
PFIX has been the more volatile fund, with annualized monthly volatility of 37.4% compared with 14.4% for DIVZ. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -15.4% for DIVZ and -36.2% for PFIX. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.45. They move together some of the time, and apart the rest.
Fees and Cost Over Time
DIVZ charges 0.65% per year while PFIX charges 0.50%. On a $10,000 position that is $65 vs $50 annually, a gap of $15 per year that compounds over a long holding period. On income, DIVZ currently yields 2.66% against 5.54% for PFIX.
Holdings Overlap
We hold position weights for 30 holdings in DIVZ and 1 in PFIX, totalling 100.0% and 14.2% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 30 positions we hold weights for in DIVZ and 1 in PFIX, against full books of 58 and 30.
You are not choosing between two funds in isolation.
Whichever of DIVZ and PFIX you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIVZ or PFIX?
DIVZ has an expense ratio of 0.65% while PFIX charges 0.50%. PFIX is the cheaper option, by $15 a year on a $10,000 investment.
Which is riskier, DIVZ or PFIX?
PFIX has been the more volatile fund at 37.4% annualized versus 14.4% for DIVZ. Worst drawdown: DIVZ -15.4% vs PFIX -36.2%.
Should I hold both DIVZ and PFIX?
DIVZ and PFIX have a monthly-return correlation of -0.45, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, DIVZ or PFIX?
DIVZ yields 2.66% while PFIX yields 5.54%, so PFIX currently pays the higher dividend yield.
Is PFIX better than DIVZ?
PFIX has a lower expense ratio. PFIX led over 1Y and the full window. Which one suits a particular account depends on what it is for. This is information, not a recommendation.