ESN vs PFIX
Essential 40 Stock ETF vs Simplify Interest Rate Hedge ETF
Which is better, ESN or PFIX?
Opposite sides of the same exposure.
PFIX has a lower expense ratio. PFIX led over 1Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees.
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 | ESN | PFIX |
|---|---|---|
| Expense Ratio | 0.70% | 0.50%Best |
| AUM | $355M | $226M |
| Dividend Yield | 0.77% | 5.54% |
| Holdings | 84 | 30 |
| YTD Return | +19.65% | +25.43%Best |
| 1Y Return | +21.71% | +40.67%Best |
| 3Y Return (annualized) | - | +8.81% |
| 5Y Return (annualized) | - | +27.26% |
| Volatility (annualized) | 10.6%Best | 34.5% |
| Max Drawdown | -13.6%Best | -28.4% |
| $10,000 over 2 years | $13,719 | $13,967Best |
| Fund Family | KKM Financial | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jun 11, 2024 | May 10, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2 years row, are measured over the window both funds cover: Oct 21, 2024 to Oct 14, 2026 (2 years).
ESN vs PFIX growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2 years both funds cover.
ESN vs PFIX Performance
Essential 40 Stock ETF (ESN) is an ETF from KKM Financial and Simplify Interest Rate Hedge ETF (PFIX) is an ETF from Simplify Exchange Traded Funds. Over the past year ESN returned +21.71% while PFIX returned +40.67%. Year to date, ESN is up 19.65% versus a gain of 25.43% for PFIX.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFIX has been the more volatile fund, with annualized monthly volatility of 34.5% compared with 10.6% for ESN. 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 -13.6% for ESN and -28.4% 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 -0.53. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
ESN charges 0.70% per year while PFIX charges 0.50%. On a $10,000 position that is $70 vs $50 annually, a gap of $20 per year that compounds over a long holding period. On income, ESN currently yields 0.77% against 5.54% for PFIX.
Holdings Overlap
We hold position weights for 41 holdings in ESN and 1 in PFIX, totalling 99.7% 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 41 positions we hold weights for in ESN and 1 in PFIX, against full books of 84 and 30.
You are not choosing between two funds in isolation.
Whichever of ESN 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, ESN or PFIX?
ESN has an expense ratio of 0.70% while PFIX charges 0.50%. PFIX is the cheaper option, by $20 a year on a $10,000 investment.
Which performed better, ESN or PFIX?
Over the past year ESN returned +21.71% vs +40.67% for PFIX, so PFIX leads on 1-year performance. Over the longest common window we track (2 years), ESN annualized +17.13% vs +18.18% for PFIX. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, ESN or PFIX?
PFIX has been the more volatile fund at 34.5% annualized versus 10.6% for ESN. Worst drawdown: ESN -13.6% vs PFIX -28.4%.
Should I hold both ESN and PFIX?
ESN and PFIX have a monthly-return correlation of -0.53, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, ESN or PFIX?
ESN yields 0.77% while PFIX yields 5.54%, so PFIX currently pays the higher dividend yield.
Is PFIX better than ESN?
PFIX has a lower expense ratio. PFIX led over 1Y and the full window. The two move opposite each other, correlation -0.53, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.