Financial News

A Rate-Hedging ETF Strategy Is Gaining Momentum

An interest-rate hedged exchange traded fund play has been surging as investors try to get ahead of a Federal Reserve interest rate hike. Among the better-performing non-leveraged ETFs of Monday, the Simplify Interest Rate Hedge ETF (PFIX) rose 2.3%. PFIX has increased 16.3% year-to-date. The rate...
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