PFIXvsTBLLETF Comparison
VS
Simplify Interest Rate Hedge ETF (PFIX) belongs to the Alternatives segment. Invesco Treasury Collateral ETF (TBLL) is part of the Money Market Bonds segment. PFIX's top 2 sector exposures are Sovereign and Government Agencies. In contrast, TBLL's top sector exposures are Sovereign. PFIX is more expensive with a Total Expense Ratio (TER) of 0.5%, versus 0.08% for TBLL. PFIX is up 12.42% year-to-date (YTD) with +$16M in YTD flows. TBLL performs worse with 2.45% YTD performance, and +$367M in YTD flows. Run a side-by-side ETF comparison of PFIX and TBLL below, and assess how they stack up in performance, liquidity, risk, exposure, holdings, and more, helping you select the best ETF for your investments.
Find out how industry players manage ETF portfolios. Discover our library of Model portfolios
PFIX vs TBLL performance and flow charts
Performance
Cumulative Flows
Historic performance and flows
Data as of 09/18/2026
| 1M | 3M | YTD | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|---|---|
| Perf. | PFIX TBLL | -1.04%+0.24% | +22.20%+0.87% | +12.42%+2.45% | +23.75%+3.60% | +42.02%+14.09% | +206.40%+19.12% |
| Flows | PFIX TBLL | -+$40M | -$55M+$40M | +$16M+$367M | +$3M+$421M | +$23M+$1.20B | -$17M+$1.95B |
Volatility and drawdown
| 3M | 1Y | 3Y | 5Y | ||
|---|---|---|---|---|---|
| Volatility | PFIX TBLL | +25.21%+0.15% | +24.74%+0.13% | +35.72%+0.18% | +36.87%+0.24% |
| Max drawdown | PFIX TBLL | -5.80%n/a | -17.27%n/a | -36.75%n/a | -36.75%-0.24% |
| Max drawdown duration | PFIX TBLL | 23dn/a | 71dn/a | 568dn/a | 568d303d |
Trading data
PFIX | TBLL | |
Last sale 9/18/2026 at 7:59 PM | $53.33 | $105.47 |
| Previous close 09/18/2026 | $52.28 | $105.78 |
| Consolidated volume 09/18/2026 | ||
| Average volume 30 days | ||
| Average discount or premium 30 days | ||
| Average Bid/Ask spread 30 days |
Replication quality
Data as of August 31, 2026
1-year trailing difference
Create an account to view replication metrics
Join for free
PFIX
is actively managed and doesn’t replicate an indexPFIX | TBLL | |
|---|---|---|
| Tracking error | ||
| Tracking difference | ||
| 1 year cumulative return difference | ||
| Best | ||
| Worst | ||
| Daily return difference | ||
| Average | ||
| Worst | ||
Advertisement
Main metrics
Last update 9/18/2026 at 7:59 PM
Live
Closed
PFIX | TBLL | |
|---|---|---|
| Last price | $53.33 | $105.47 |
| 1D performance | +2.01% | -0.29% |
| AuM | $183.48 M | $2.62 B |
| E/R | 0.5% | 0.08% |
Advertisement
Exposure
Countries
PFIX
USA
79.98%
Other
20.02%
TBLL
USA
100%
Other
0%
Sectors
PFIX
Sovereign
74.98%
Other
25.02%
TBLL
Sovereign
100%
Other
0%
Advertisement
Diversification
PFIX
Total weight of top 15 holdings out of 15
74.55%
TBLL
Total weight of top 15 holdings out of 15
31.21%
Top 15 holdings
Data as of July 31, 2026
PFIX
USA, Bills 0% 31dec2026, USD (182D)
26.83%
USA, Bills 0% 3dec2026, USD (182D)
22.70%
USA, Bills 0% 20aug2026, USD (182D)
8.92%
USA, Bills 0% 1sep2026, USD (119D)
8.49%
USA, Bills 0% 15oct2026, USD (182D)
5.51%
Freddie Mac, FRN 22sep2027, USD
0.32%
USA, Notes FRN 31jul2026, USD (BF-2026)
0.27%
USA, Notes FRN 31jul2027, USD (BF-2027)
0.22%
FHLB, 0% 7aug2026, USD (365D)
0.22%
FHLB, 0% 21aug2026, USD (365D)
0.22%
FHLB, 0% 27aug2026, USD (365D)
0.22%
FHLB, 0% 3sep2026, USD (365D)
0.18%
USA, Notes FRN 31oct2027, USD (BK-2027)
0.15%
FHLB, 0% 28aug2026, USD (365D)
0.15%
USA, Bills 0% 8oct2026, USD (182D)
0.15%
TBLL
USA, Bills 0% 20aug2026, USD (182D)
4.10%
USA, Bills 0% 27aug2026, USD (182D)
2.61%
USA, Bills 0% 3sep2026, USD (364D)
2.38%
USA, Bills 0% 29oct2026, USD (364D)
2.29%
USA, Bills 0% 17sep2026, USD (182D)
1.97%
USA, Notes 1.5% 15aug2026, USD (E-2026)
1.90%
USA, Bills 0% 10sep2026, USD (182D)
1.81%
USA, Notes 0.75% 31aug2026, USD (AC-2026)
1.78%
USA, Bills 0% 11aug2026, USD (119D)
1.78%
USA, Bills 0% 18aug2026, USD (119D)
1.78%
USA, Bills 0% 27nov2026, USD (364D)
1.77%
USA, Bills 0% 8oct2026, USD (182D)
1.77%
USA, Bills 0% 15oct2026, USD (182D)
1.77%
USA, Bills 0% 22oct2026, USD (182D)
1.77%
USA, Bills 0% 15sep2026, USD (119D)
1.74%
Frequently asked questions about PFIX and TBLL
How have the PFIX and TBLL ETFs performed in 2026?
As of September 18, 2026, PFIX is up 12.42% year-to-date (YTD), while TBLL has returned 2.45%. That puts PFIX better performer ahead so far this year.
Which ETF is attracting more investor money: PFIX or TBLL?
Year-to-date, the PFIX ETF saw +$16M in flows, compared to +$367M for TBLL.
Which ETF is more volatile: PFIX or TBLL?
Over the past year, PFIX had a volatility of 24.74%, while TBLL experienced 0.13%.
Which ETF is bigger: PFIX or TBLL?
As of September 18, 2026, PFIX holds $183.48 M in assets under management (AUM), while TBLL manages $2.62 B.
What sectors do the PFIX and TBLL ETFs invest in?
PFIX leans toward sectors like Sovereign. Meanwhile, TBLL focuses on Sovereign.
What are the top holdings of the PFIX ETF and TBLL ETF?
PFIX top holdings include USA, Bills 0% 31dec2026, USD (182D), USA, Bills 0% 3dec2026, USD (182D) and USA, Bills 0% 20aug2026, USD (182D). TBLL holds in its top three: USA, Bills 0% 20aug2026, USD (182D), USA, Bills 0% 27aug2026, USD (182D) and USA, Bills 0% 3sep2026, USD (364D).
Which ETF is more diversified: PFIX or TBLL?
PFIX holds 170 securities with 74.55% of its assets in the top 15. TBLL has 87 securities and a top 15 weight of 31.21%.
Advertisement
Latest news about PFIX & TBLL
Advertisement
