RFIX vs FMED

Comparison between Simplify Downside Interest Rate Hedge Strategy ETF (RFIX, ETF) and FIDELITY DISRUPTIVE MEDICINE ETF (FMED, ETF).

RFIX vs FMED - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RFIX(ETF)	FMED(ETF)
Net Assets	$46M	$46M
Expense Ratio	0.50%	0.50%
Max Drawdown	42.17%	21.84%
Sharpe Ratio	-0.45	1.26
5Y Beta	-0.04	0.79
P/E Ratio	N/A	-35.68
Forward P/E	N/A	15.62
5Y EPS CAGR	N/A	-1.50%
Debt to Equity	N/A	11.83%
P/S Ratio	N/A	6.00
P/B Ratio	N/A	5.60

Net Assets

Winner

RFIX

$46M

FMED

$46M

Expense Ratio

RFIX

0.50%

FMED

0.50%

Max Drawdown

RFIX

42.17%

Winner

FMED

21.84%

Sharpe Ratio

RFIX

-0.45

Winner

FMED

1.26

5Y Beta

Winner

RFIX

-0.04

FMED

0.79

P/E Ratio

RFIX

N/A

FMED

-35.68

Forward P/E

RFIX

N/A

FMED

15.62

5Y EPS CAGR

RFIX

N/A

FMED

-1.50%

Debt to Equity

RFIX

N/A

FMED

11.83%

P/S Ratio

RFIX

N/A

FMED

6.00

P/B Ratio

RFIX

N/A

FMED

5.60

RFIX vs FMED - Historical Returns

Returns include dividend reinvestment.

Period	RFIX	FMED
1 month	-5.89%	+13.79%
3 months	-8.39%	+30.35%
6 months	-12.62%	+23.14%
1 year	-11.68%	+32.80%
Max(CAGR)	-24.16%	+8.07%

RFIX

-5.89%

Winner

FMED

+13.79%

RFIX

-8.39%

Winner

FMED

+30.35%

RFIX

-12.62%

Winner

FMED

+23.14%

RFIX

-11.68%

Winner

FMED

+32.80%

Max(CAGR)

RFIX

-24.16%

Winner

FMED

+8.07%

RFIX vs FMED - Annual Returns (2023 - 2026)

Returns include dividend reinvestment.

Year	RFIX	FMED
2026	-2.38%	+19.99%
2025	-29.56%	+9.24%
2024	-12.32%	+2.42%
2023	N/A	-4.20%

RFIX vs FMED Drawdown Comparison

The maximum drawdown for RFIX was -38.81%, occurring on Jan 20, 2026. This drawdown has not yet recovered.

The maximum drawdown for FMED was -21.84%, occurring on Oct 30, 2023. Recovery took 151 trading sessions.

The current RFIX drawdown is -37.56%. The current FMED drawdown is -1.90%.

Rank	RFIX	FMED
#1	-38.81% Dec 10, 2024 - Jan 20, 2026	-21.84% Jul 21, 2023 - Feb 27, 2024
#2	N/A	-19.46% Jan 30, 2025 - Oct 27, 2025
#3	N/A	-18.33% Nov 28, 2025 - Jul 1, 2026
#4	N/A	-8.49% Feb 27, 2024 - Aug 21, 2024
#5	N/A	-7.13% Sep 19, 2024 - Dec 4, 2024
#6	N/A	-7.01% Jul 9, 2026 - Aug 10, 2026
#7	N/A	-6.80% Dec 4, 2024 - Jan 30, 2025
#8	N/A	-4.70% Oct 27, 2025 - Nov 11, 2025
#9	N/A	-4.36% Jun 13, 2023 - Jul 21, 2023
#10	N/A	-2.36% Aug 19, 2026 - Aug 20, 2026
#11	N/A	-1.91% Aug 29, 2024 - Sep 12, 2024
#12	N/A	-1.40% Jul 7, 2026 - Jul 9, 2026
#13	N/A	-1.33% Nov 12, 2025 - Nov 19, 2025
#14	N/A	-0.82% Sep 16, 2024 - Sep 19, 2024
#15	N/A	-0.82% Aug 12, 2026 - Aug 17, 2026

Correlation

Correlation between RFIX and FMED is -0.59 which considered as a moderate negative correlation - the stocks show some tendency to move in opposite directions.

-0.59

-101