RFIX - Simplify Bond Bull ETF
The Simplify Bond Bull ETF (RFIX) seeks to hedge interest rate movements arising from falling long-term interest rates, and to benefit from market stress when fixed income volatility increases, while providing the potential for income. The fund primarily holds a position in long-term expiry (5-year to 7-year) over-the-counter (OTC) interest rate options intended to provide a direct, transparent, and convex exposure to downward moves in interest rates. Using OTC derivatives, RFIX is designed to be functionally similar to owning a position in long-dated call options on US Treasury bonds.
- Sector
- Financial Services
- Industry
- Asset Management - Bonds
- Market Cap
- $120.9M
- Beta
- -0.18
- 52-Week Range
- 35.31-49.36
- Dividend Yield
- $1.79
- IPO Date
- Dec 10, 2024
- Exchange
- AMEX
RFIX Options Snapshot
Options pricing data for RFIX is refreshed daily after the close. When listed contracts exist, this page surfaces the latest at-the-money implied volatility, max pain strike, dealer gamma exposure (GEX), and 25-delta skew. Listed contracts and live snapshots appear once the options chain has been published by the exchange for the most recent session.
What This Page Covers
The RFIX overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked RFIX overview questions
- What is RFIX?
- RFIX is the ticker symbol for Simplify Bond Bull ETF, an listed exchange-traded fund. The Simplify Bond Bull ETF (RFIX) seeks to hedge interest rate movements arising from falling long-term interest rates, and to benefit from market stress when fixed income volatility increases, while providing the potential for income. The fund primarily holds a position in long-term expiry (5-year to 7-year) over-the-counter (OTC) interest rate options intended to provide a direct, transparent, and convex exposure to downward moves in interest rates. Listed on AMEX. RFIX is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What are RFIX's key statistics?
- Simplify Bond Bull ETF (RFIX) carries a market capitalization of $120.9M, 52-week range of 35.31-49.36. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does RFIX belong to?
- Simplify Bond Bull ETF operates in the Financial Services sector, in the Asset Management - Bonds industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare RFIX's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the RFIX data on this page?
- Options snapshots refresh after each trading session; if no snapshot is currently posted for RFIX, it usually reflects low options liquidity or a recently listed name. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.