OPTZ vs PFIX
Optimize Strategy Index ETF vs Simplify Interest Rate Hedge ETF
Which is better, OPTZ or PFIX?
Each has led over a different period.
OPTZ has a lower expense ratio. OPTZ led over the full window, PFIX over 1Y.
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 | OPTZ | PFIX |
|---|---|---|
| Expense Ratio | 0.25%Best | 0.50% |
| AUM | $267M | $226M |
| Dividend Yield | 0.47% | 5.54% |
| Holdings | 339 | 30 |
| YTD Return | +21.82% | +25.43%Best |
| 1Y Return | +27.14% | +40.67%Best |
| 3Y Return (annualized) | - | +8.81% |
| 5Y Return (annualized) | - | +27.26% |
| Volatility (annualized) | 18.9%Best | 34.0% |
| Max Drawdown | -25.5%Best | -30.9% |
| $10,000 over 2.5 years | $17,764Best | $13,406 |
| Fund Family | Optimize Financial | Simplify Exchange Traded Funds |
| Category | Equity | Equity |
| Style | Large Cap Value | Large Cap Value |
| Inception | Apr 23, 2024 | May 10, 2021 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.5 years row, are measured over the window both funds cover: Apr 23, 2024 to Oct 14, 2026 (2.5 years).
OPTZ 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 2.5 years both funds cover.
OPTZ vs PFIX Performance
Optimize Strategy Index ETF (OPTZ) is an ETF from Optimize Financial and Simplify Interest Rate Hedge ETF (PFIX) is an ETF from Simplify Exchange Traded Funds. Over the past year OPTZ returned +27.14% while PFIX returned +40.67%. Year to date, OPTZ is up 21.82% 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 34.0% compared with 18.9% for OPTZ. 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 -25.5% for OPTZ and -30.9% 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 -0.40. They move together some of the time, and apart the rest.
Fees and Cost Over Time
OPTZ charges 0.25% per year while PFIX charges 0.50%. On a $10,000 position that is $25 vs $50 annually, a gap of $25 per year that compounds over a long holding period. On income, OPTZ currently yields 0.47% against 5.54% for PFIX.
Holdings Overlap
We hold position weights for 392 holdings in OPTZ and 1 in PFIX, totalling 99.8% 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 392 positions we hold weights for in OPTZ and 1 in PFIX, against full books of 339 and 30.
You are not choosing between two funds in isolation.
Whichever of OPTZ 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, OPTZ or PFIX?
OPTZ has an expense ratio of 0.25% while PFIX charges 0.50%. OPTZ is the cheaper option, by $25 a year on a $10,000 investment.
Which performed better, OPTZ or PFIX?
Over the past year OPTZ returned +27.14% 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, OPTZ or PFIX?
PFIX has been the more volatile fund at 34.0% annualized versus 18.9% for OPTZ. Worst drawdown: OPTZ -25.5% vs PFIX -30.9%.
Should I hold both OPTZ and PFIX?
OPTZ and PFIX have a monthly-return correlation of -0.40, 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, OPTZ or PFIX?
OPTZ yields 0.47% while PFIX yields 5.54%, so PFIX currently pays the higher dividend yield.
Is PFIX better than OPTZ?
OPTZ has a lower expense ratio. OPTZ led over the full window, PFIX over 1Y. Which one suits a particular account depends on what it is for. This is information, not a recommendation.