A Rate-Hedging ETF Strategy Is Gaining Momentum

by Trading & Investing |

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 hedging strategy climbed again on Monday as the markets […] Read more at ETFtrends.com.