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Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF is an exchange traded fund launched and managed by Simplify Asset Management Inc. It invests in fixed income markets of the United States. The fund invests directly and through derivatives in U.S. treasuries, U.S. Treasury Inflation-Protected Securities and investment grade bonds of varying maturities. It uses derivatives such as swaps, options and futures to create its portfolio. It seeks to benchmark the performance of its portfolio against the S&P 500 Total Return Index. Simplify Exchange Traded Funds - Simplify Interest Rate Hedge ETF was formed on May 10, 2021 and is domiciled in the United States.