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QIS

Simplify Multi-QIS Alternative ETF

as of 03/31/2025

NAV

$ 23.32

NAV Change

- $ 0.10 /0.43%

Price

$ 23.21

Price Change

+ $ 0.07 /0.30%
The Simplify Multi-QIS Alternative ETF (QIS) seeks to provide positive absolute returns and income by investing in a diversified portfolio of quantitative strategies chosen to offer an uncorrelated positive source of returns.

The fund focuses on opportunities beyond common beta exposures, ensuring that its performance remains independent of market factors such as equities, interest rates, and commodities. 

QIS emphasizes comprehensive risk analysis and hedges against both the downside (negative tail risks) and upside (positive tail risks). This strategy prioritizes maximizing performance through strategic positioning and diversified risk allocation across a range of asset classes and return drivers. 
 

QIS Fund Deep Dive Live

QIS Fund Deep Dive

Fund Overview

As of 03/31/2025

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$103,770,052.32
Shares Outstanding
4,450,001
Distribution Rate as of 12/31/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
0.20%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 02/28/2025 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 02/28/2025
2.31%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 03/31/2025
-0.47%
NAV Per Share as of 03/31/2025
$23.32
Market Price as of 03/31/2025
$23.21
30-Day Median Bid-Ask Spread
1.28%
Bid/Ask
$23.06/$23.31
Midpoint Price
$23.19
Volume
2,787
NAV Symbol
QIS.NV
IOPV Symbol
QIS.IV
Shares Out. Symbol
QIS.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees1.00%
Distribution and Service (12b-1) Fees0.00%
Other Expenses0.00%
Total Annual Fund Operating Expenses 1.00%

Fund Performance (Total Return)

As of 02/28/2025 12/31/2024

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -1.47% -0.57% -1.30% -0.17% -1.30% 2.00%
Market Price -1.42% -1.77% -1.45% -0.69% -1.77% 1.40%
Annualized 1 Year 3 Year Since Inception
NAV -1.30% 1.22%
Market Price -1.77% 0.85%
Cumulative 1 Year Since Inception
NAV -0.19% 2.17%
Market Price 0.16% 2.11%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -0.19% 1.47%
Market Price 0.16% 1.43%

Historical Premium/Discount

Calendar Year 2024 4th Quarter of 2024
Days Traded at Premium
133
34
Days Traded at Discount
119
30

Portfolio Holdings

Ticker Name Quantity Weight
ESM5 IND S&P500 EMINI FUT Jun25 -7 0.00%
GS RTY 01/26/26 P2040.111 GS Jan 2026 2040 Put 12,352 0.40%
SPX OTC 07/18/25 P1 S&P 500 Index Jul 2025 1 Put 1,330,000 0.32%
SPX OTC 6/20/25 P5646.325 S&P 500 Index Jun 2025 5646 Put 3,505 0.34%
SPX US 06/20/25 C5700 S&P 500 Index Jun 2025 5700 Call 8 0.12%
SPX US 06/20/25 P5598.90 S&P 500 Index Jun 2025 5598 Put 4,763 0.27%
SPXRTY3/20/26WOF100/70 SPXRTY3/20/26WOF100/70 -100,000,000 -2.31%
SPXRTYNDX4/17/25WOF90/80 SPXRTYNDX4/17/25WOF90/80 -20,000,000 -0.29%
SPXRTYNDX5/16/25WOF90/80 SPXRTYNDX5/16/25WOF90/80 -50,000,000 -1.42%
SPXW US 04/11/25 C6150 SPXW Apr 2025 6150 Call 174 0.00%
VIX US 04/16/25 C22 VIX Apr 2025 22 Call 190 0.03%
- TREASURY BILL DN 4/25 15,550,000 14.97%
- TREASURY BILL DN 4/25 10,500,000 10.11%
- TREASURY BILL DN 6/25 13,000,000 12.42%
- TREASURY BILL DN 6/25 300,000 0.29%
- TREASURY BILL DN 7/25 36,000,000 34.30%
- TREASURY BILL DN 7/25 10,450,000 9.96%
- TREASURY BIL 0.0 7/25 10,000,000 9.50%
- FIDELITY INV MMTRSY 1 680 4,317,278 4.16%
- EURO 16,014 0.02%
- USDCAD04/02/252MFVANOM6.5 3,250,000 0.00%
- CTABOATRS 1,705,491 48.65%
- MSSIQUA1A 43,005 48.18%
- DFEQFPRRS 424,989 48.09%
- MSSIJNK1A 29,981,279 28.89%
- CSI2000U1 9,922 25.75%
- CSI500U01 24,995,466 24.09%
- ARFIFMRRS 110,679 23.45%
- JPOSFTRS 113,038 19.73%
- MSVXCSTRS 41,138 16.83%
- ARFXXCCRS 149,652 14.55%
- VMACBTRS 15,932 12.42%
- MSVXCSTRS 29,565 12.09%
- DFEQGDTRS 9,191 11.94%
- GSISCDTRS 114,164 11.57%
- GSISSTRS 54,702 10.11%
- GSVLSUTRS 80,756 9.69%
- MQCP44TRS 19,222 9.65%
- VCEQUSURS 62,562 9.62%
- BACVWWTRS 32,407 9.52%
- BNPXVTRS 83,538 8.83%
- SGIXTTTRS 92,014 8.19%
- NMVVR1TRS 32,509 8.16%
- VCEQCE1RS 42,405 8.16%
- VCEQCE2RS 41,637 8.15%
- SGDRCTTRS 4,094 7.61%
- ARCMBBARS 11,729 7.58%
- SGIXPRTRS 42,093 7.22%
- DFFIRGNRS 32,570 7.11%
- GSVLBCTRS 52,011 6.12%
- TFEQUITRS 21,847 5.39%
- VCFIGRVRS 39,006 5.30%
- TFEQNITRS 21,958 4.92%
- DFFIERVRS 14,200 3.45%
- FOXBOATRS 50,000 1.30%
- FOXBOATRS -1,344,330 -1.30%
- DFFIERVRS -3,536,475 -3.41%
- TFEQNITRS -5,027,699 -4.85%
- VCFIGRVRS -5,465,532 -5.27%
- TFEQUITRS -5,592,427 -5.39%
- GSVLBCTRS -6,300,092 -6.07%
- DFFIRGNRS -7,322,338 -7.06%
- SGIXPRTRS -7,503,413 -7.23%
- SGDRCTTRS -7,870,051 -7.58%
- ARCMBBARS -8,024,388 -7.73%
- NMVVR1TRS -8,374,604 -8.07%
- VCEQCE2RS -7,821,926 -8.15%
- VCEQCE1RS -7,825,842 -8.15%
- SGIXTTTRS -8,579,247 -8.27%
- BNPXVTRS -9,170,183 -8.84%
- BACVWWTRS -9,830,887 -9.47%
- VCEQUSURS -9,999,910 -9.64%
- GSVLSUTRS -10,000,015 -9.64%
- MQCP44TRS -10,012,080 -9.65%
- GSISSTRS -10,504,972 -10.12%
- GSISCDTRS -12,062,568 -11.62%
- DFEQGDTRS -12,414,191 -11.96%
- MSVXCSTRS -12,598,533 -12.14%
- VMACBTRS -12,684,279 -12.22%
- ARFXXCCRS -15,018,521 -14.47%
- MSVXCSTRS -17,489,442 -16.85%
- JPOSFTRS -20,452,874 -19.71%
- ARFIFMRRS -24,503,223 -23.61%
- CSI2000U1 -24,999,430 -24.09%
- CSI500U01 -3,723 -25.01%
- MSSIJNK1A -34,641 -28.91%
- CTABOATRS -49,864,153 -48.05%
- MSSIQUA1A -50,028,967 -48.21%
- DFEQFPRRS -50,076,453 -48.26%
FOXY SIMPLIFY CURRENCY STRTGY 370,000 9.65%
- Estimated Cash -4,257,618 -4.10%

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.30000
$0.01252
$0.15000
$0.10000
View Distribution History

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