IDE vs PFIX
Voya Infrastructure Industrials and Materials Fund vs Simplify Interest Rate Hedge ETF
Which is better, IDE or PFIX?
Opposite sides of the same exposure.
PFIX has a lower expense ratio. IDE led over 3Y, PFIX over 1Y, 5Y 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 | IDE | PFIX |
|---|---|---|
| Expense Ratio | 1.22% | 0.50%Best |
| AUM | $199M | $226M |
| Dividend Yield | 9.12% | 5.54% |
| Holdings | 281 | 30 |
| YTD Return | +5.53% | +25.43%Best |
| 1Y Return | +10.97% | +40.67%Best |
| 3Y Return (annualized) | +21.37%Best | +8.81% |
| 5Y Return (annualized) | +10.30% | +27.26%Best |
| Volatility (annualized) | 18.6%Best | 36.9% |
| Max Drawdown | -30.5%Best | -36.2% |
| $10,000 over 5 years | $16,326 | $33,378Best |
| Fund Family | Voya Investment Management | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Jan 26, 2010 | May 10, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown are measured over the window both funds cover: May 11, 2021 to Oct 14, 2026 (5.4 years).
IDE 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 5.4 years both funds cover.
IDE vs PFIX Performance
Voya Infrastructure Industrials and Materials Fund (IDE) is an ETF from Voya Investment Management and Simplify Interest Rate Hedge ETF (PFIX) is an ETF from Simplify Exchange Traded Funds. Over the past year IDE returned +10.97% while PFIX returned +40.67%. Year to date, IDE is up 5.53% versus a gain of 25.43% for PFIX.
Over three years, IDE compounded at +21.37% per year against +8.81% for PFIX; over five years the annualized figures are +10.30% and +27.26% respectively.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
PFIX has been the more volatile fund, with annualized monthly volatility of 36.9% compared with 18.6% for IDE. 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 -30.5% for IDE 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 -0.53. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
IDE charges 1.22% per year while PFIX charges 0.50%. On a $10,000 position that is $122 vs $50 annually, a gap of $72 per year that compounds over a long holding period. On income, IDE currently yields 9.12% against 5.54% for PFIX.
Holdings Overlap
We hold position weights for 274 holdings in IDE and 1 in PFIX, totalling 99.9% 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 274 positions we hold weights for in IDE and 1 in PFIX, against full books of 281 and 30.
You are not choosing between two funds in isolation.
Whichever of IDE 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, IDE or PFIX?
IDE has an expense ratio of 1.22% while PFIX charges 0.50%. PFIX is the cheaper option, by $72 a year on a $10,000 investment.
Which performed better, IDE or PFIX?
Over the past year IDE returned +10.97% vs +40.67% for PFIX, so PFIX leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IDE or PFIX?
PFIX has been the more volatile fund at 36.9% annualized versus 18.6% for IDE. Worst drawdown: IDE -30.5% vs PFIX -36.2%.
Should I hold both IDE and PFIX?
IDE 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, IDE or PFIX?
IDE yields 9.12% while PFIX yields 5.54%, so IDE currently pays the higher dividend yield.
Is PFIX better than IDE?
PFIX has a lower expense ratio. IDE led over 3Y, PFIX over 1Y, 5Y 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.