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QIS

Simplify Multi-QIS Alternative ETF

As of 07/16/2025

NAV

$ 20.94

NAV Change

+ $ 0.13 /0.62%

Price

$ 20.90

Price Change

- $ 0.11 /0.52%
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. 
 

Fund Overview

As of 07/16/2025

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$76,420,331.84
Shares Outstanding
3,650,001
Distribution Rate as of 06/30/2025 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.
1.80%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 06/30/2025 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 06/30/2025
2.44%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 07/16/2025
-0.18%
NAV Per Share as of 07/16/2025
$20.94
Market Price as of 07/16/2025
$20.90
30-Day Median Bid-Ask Spread
1.28%
Bid/Ask
$20.80/$21.00
Midpoint Price
$20.90
Volume
226,660
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 06/30/2025 06/30/2025

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 2.02% -4.24% -7.60% -7.60% -9.89% -5.59%
Market Price 0.71% -4.80% -8.64% -8.64% -10.98% -6.71%
Annualized 1 Year 3 Year Since Inception
NAV -9.89% -2.87%
Market Price -10.98% -3.46%
Cumulative 1 Year Since Inception
NAV -9.89% -5.59%
Market Price -10.98% -6.71%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV -9.89% -2.87%
Market Price -10.98% -3.46%
Calendar Year NAV Market Price
2024 -0.19% 0.16%
2023

Growth of $10,000

Historical Premium/Discount

Calendar Year 2024 2nd Quarter of 2025
Days Traded at Premium
133
41
Days Traded at Discount
119
21

Portfolio Holdings

Ticker Name Quantity Weight
FOXY SIMPLIFY CURRENCY STRTGY 289,943 10.00%
GS RTY 01/26/26 P2040.111 GS Jan 2026 2040 Put 12,352 0.32%
NOMSPXRTY 5/22/26 P100/70 OTC NOM SPX/RTY/NDX WOF 5/22/26 P100%/70% NC1 EKI -25,000,000 -0.06%
SPX OTC 07/18/25 P1 S&P 500 Index Jul 2025 1 Put 1,330,000 0.00%
SPXW US 07/16/25 P6030 SPXW Jul 2025 6030 Put 143 0.00%
SPXW US 07/18/25 P6000 SPXW Jul 2025 6000 Put 114 0.01%
SPXW US 07/21/25 P6000 SPXW Jul 2025 6000 Put 129 0.01%
SPXW US 07/25/25 C6400 SPXW Jul 2025 6400 Call 1,482 0.96%
SPXW US 07/28/25 P6000 SPXW Jul 2025 6000 Put 120 0.09%
SPXW US 07/31/25 C6500 SPXW Jul 2025 6500 Call 3,061 1.32%
SPXW US 08/15/25 C6400 SPXW Aug 2025 6400 Call 396 2.28%
SPXW US 08/15/25 C6650 SPXW Aug 2025 6650 Call 1,323 0.66%
VIX US 08/20/25 C30 VIX Aug 2025 30 Call 555 0.05%
- TREASURY BILL DN 7/25 4,600,000 6.00%
- TREASURY BILL DN 7/25 4,000,000 5.22%
- TREASURY BILL DN 8/25 6,600,000 8.60%
- TREASURY BILL DN 8/25 500,000 0.65%
- TREASURY BILL DN 8/25 6,000,000 7.80%
- TREASURY BILL DN 9/25 16,400,000 21.24%
- TREASURY BILL DN 9/25 4,000,000 5.18%
- TREASURY BILL DN 10/25 18,500,000 23.88%
- TREASURY BILL DN 10/25 5,200,000 6.71%
- CURRENCY CONTRACT - USD 17,383,913 22.71%
- CURRENCY CONTRACT - AUD 26,580,000 22.69%
- CURRENCY CONTRACT - USD 14,438,753 18.86%
- CURRENCY CONTRACT - CHF 11,110,000 18.27%
- CURRENCY CONTRACT - NOK 120,520,000 15.37%
- CURRENCY CONTRACT - USD 11,406,650 14.90%
- CURRENCY CONTRACT - GBP 7,680,000 13.47%
- CURRENCY CONTRACT - USD 9,937,198 12.98%
- CURRENCY CONTRACT - USD 8,424,779 11.01%
- CURRENCY CONTRACT - CAD 11,470,000 10.99%
- CURRENCY CONTRACT - USD 7,507,909 9.81%
- CURRENCY CONTRACT - NOK 76,550,000 9.76%
- CURRENCY CONTRACT - SEK 71,780,000 9.69%
- CURRENCY CONTRACT - USD 7,020,394 9.17%
- CURRENCY CONTRACT - USD 6,723,740 8.78%
- CURRENCY CONTRACT - GBP 4,970,000 8.72%
- CURRENCY CONTRACT - USD 6,666,324 8.71%
- CURRENCY CONTRACT - USD 6,373,736 8.33%
- CURRENCY CONTRACT - EUR 5,320,000 8.12%
- CURRENCY CONTRACT - USD 5,993,447 7.83%
- CURRENCY CONTRACT - SEK 56,880,000 7.68%
- CURRENCY CONTRACT - EUR 4,870,000 7.44%
- CURRENCY CONTRACT - JPY 824,190,000 7.34%
- CURRENCY CONTRACT - JPY 790,920,000 7.04%
- CURRENCY CONTRACT - USD 5,386,792 7.04%
- CURRENCY CONTRACT - CAD 7,180,000 6.88%
- CURRENCY CONTRACT - USD 5,245,432 6.85%
- CURRENCY CONTRACT - USD 5,198,035 6.79%
- CURRENCY CONTRACT - CAD 6,960,000 6.67%
- CURRENCY CONTRACT - CAD 6,660,000 6.38%
- CURRENCY CONTRACT - GBP 3,520,000 6.17%
- CURRENCY CONTRACT - USD 4,721,745 6.17%
- CURRENCY CONTRACT - GBP 3,440,000 6.03%
- CURRENCY CONTRACT - USD 4,551,140 5.95%
- CURRENCY CONTRACT - USD 4,537,519 5.93%
- CURRENCY CONTRACT - JPY 495,050,000 4.41%
- CURRENCY CONTRACT - EUR 2,850,000 4.35%
- CURRENCY CONTRACT - AUD 5,020,000 4.29%
- CURRENCY CONTRACT - USD 3,278,141 4.28%
- CURRENCY CONTRACT - USD 3,267,854 4.27%
- CURRENCY CONTRACT - USD 3,266,819 4.27%
- CURRENCY CONTRACT - USD 3,260,006 4.26%
- CURRENCY CONTRACT - USD 3,254,491 4.25%
- CURRENCY CONTRACT - GBP 2,410,000 4.23%
- CURRENCY CONTRACT - USD 3,215,387 4.20%
- CURRENCY CONTRACT - AUD 4,650,000 3.97%
- CURRENCY CONTRACT - USD 3,025,834 3.95%
- CURRENCY CONTRACT - USD 2,524,830 3.30%
- CURRENCY CONTRACT - CHF 2,000,000 3.29%
- CURRENCY CONTRACT - USD 2,473,968 3.23%
- CURRENCY CONTRACT - USD 2,430,985 3.18%
- CURRENCY CONTRACT - NOK 24,600,000 3.14%
- CURRENCY CONTRACT - USD 2,348,215 3.07%
- CURRENCY CONTRACT - USD 2,325,187 3.04%
- CURRENCY CONTRACT - EUR 1,980,000 3.02%
- CURRENCY CONTRACT - USD 2,311,764 3.02%
- CURRENCY CONTRACT - CAD 3,140,000 3.01%
- CURRENCY CONTRACT - NOK 23,250,000 2.97%
- CURRENCY CONTRACT - AUD 2,270,000 1.94%
- CURRENCY CONTRACT - SEK 13,760,000 1.86%
- CURRENCY CONTRACT - USD 1,075,777 1.41%
- CURRENCY CONTRACT - USD 963,403 1.26%
- CURRENCY CONTRACT - JPY 96,150,000 0.86%
- CURRENCY CONTRACT - EUR 560,000 0.85%
- FIDELITY INV MMTRSY 1 680 344,309 0.45%
- CURRENCY CONTRACT - SEK 2,430,000 0.33%
- CURRENCY CONTRACT - USD 213,311 0.28%
- CURRENCY CONTRACT - USD 149,888 0.20%
- CURRENCY CONTRACT - NOK 600,000 0.08%
- CURRENCY CONTRACT - JPY 8,580,000 0.08%
- EURO 44,202 0.07%
- CHINESE YUAN 139,375 0.03%
- CURRENCY CONTRACT - JPY -58,622 -0.08%
- CURRENCY CONTRACT - NOK -59,294 -0.08%
- CURRENCY CONTRACT - USD -110,000 -0.19%
- CURRENCY CONTRACT - USD -170,000 -0.28%
- CURRENCY CONTRACT - SEK -256,517 -0.34%
- CURRENCY CONTRACT - EUR -659,239 -0.86%
- CURRENCY CONTRACT - JPY -662,974 -0.87%
- CURRENCY CONTRACT - USD -1,480,000 -1.26%
- CURRENCY CONTRACT - USD -156,170,000 -1.39%
- CURRENCY CONTRACT - SEK -1,453,789 -1.90%
- CURRENCY CONTRACT - AUD -1,486,647 -1.94%
- CURRENCY CONTRACT - CAD -2,302,481 -3.01%
- CURRENCY CONTRACT - EUR -2,305,144 -3.01%
- CURRENCY CONTRACT - USD -1,980,000 -3.02%
- CURRENCY CONTRACT - NOK -2,328,789 -3.04%
- CURRENCY CONTRACT - USD -3,180,000 -3.05%
- CURRENCY CONTRACT - USD -3,210,000 -3.07%
- CURRENCY CONTRACT - USD -24,600,000 -3.14%
- CURRENCY CONTRACT - USD -354,250,000 -3.15%
- CURRENCY CONTRACT - NOK -2,430,604 -3.18%
- CURRENCY CONTRACT - CHF -2,460,787 -3.22%
- CURRENCY CONTRACT - USD -3,410,000 -3.27%
- CURRENCY CONTRACT - AUD -3,033,553 -3.96%
- CURRENCY CONTRACT - USD -4,650,000 -3.97%
- CURRENCY CONTRACT - USD -462,460,000 -4.12%
- CURRENCY CONTRACT - USD -469,940,000 -4.18%
- CURRENCY CONTRACT - USD -31,280,000 -4.22%
- CURRENCY CONTRACT - USD -2,410,000 -4.23%
- CURRENCY CONTRACT - AUD -3,255,329 -4.25%
- CURRENCY CONTRACT - GBP -3,274,461 -4.28%
- CURRENCY CONTRACT - USD -5,020,000 -4.29%
- CURRENCY CONTRACT - EUR -3,304,613 -4.32%
- CURRENCY CONTRACT - USD -2,850,000 -4.35%
- CURRENCY CONTRACT - JPY -3,442,226 -4.50%
- CURRENCY CONTRACT - USD -42,930,000 -5.80%
- CURRENCY CONTRACT - USD -45,960,000 -5.86%
- CURRENCY CONTRACT - GBP -4,634,176 -6.05%
- CURRENCY CONTRACT - USD -3,520,000 -6.17%
- CURRENCY CONTRACT - GBP -4,785,018 -6.25%
- CURRENCY CONTRACT - CAD -4,886,211 -6.38%
- CURRENCY CONTRACT - CAD -5,091,487 -6.65%
- CURRENCY CONTRACT - USD -52,670,000 -6.72%
- CURRENCY CONTRACT - USD -8,040,000 -6.86%
- CURRENCY CONTRACT - CAD -5,267,157 -6.88%
- CURRENCY CONTRACT - USD -54,440,000 -6.94%
- CURRENCY CONTRACT - JPY -5,513,258 -7.20%
- CURRENCY CONTRACT - EUR -5,710,714 -7.46%
- CURRENCY CONTRACT - JPY -5,748,634 -7.51%
- CURRENCY CONTRACT - USD -5,090,000 -7.77%
- CURRENCY CONTRACT - SEK -6,020,974 -7.87%
- CURRENCY CONTRACT - EUR -6,298,193 -8.23%
- CURRENCY CONTRACT - USD -5,030,000 -8.27%
- CURRENCY CONTRACT - USD -5,660,000 -8.64%
- CURRENCY CONTRACT - USD -67,850,000 -8.65%
- CURRENCY CONTRACT - GBP -6,795,459 -8.88%
- CURRENCY CONTRACT - USD -5,530,000 -9.09%
- CURRENCY CONTRACT - USD -11,430,000 -9.76%
- CURRENCY CONTRACT - NOK -7,568,383 -9.89%
- CURRENCY CONTRACT - SEK -7,608,866 -9.94%
- CURRENCY CONTRACT - CAD -8,408,049 -10.99%
- CURRENCY CONTRACT - USD -11,470,000 -10.99%
- CURRENCY CONTRACT - USD -7,910,000 -13.01%
- CURRENCY CONTRACT - GBP -10,447,725 -13.65%
- CURRENCY CONTRACT - USD -8,300,000 -14.56%
- CURRENCY CONTRACT - NOK -11,945,150 -15.61%
- CURRENCY CONTRACT - CHF -14,040,178 -18.34%
- CURRENCY CONTRACT - USD -136,810,000 -18.47%
- CURRENCY CONTRACT - USD -12,860,000 -22.55%
- CURRENCY CONTRACT - AUD -17,514,978 -22.88%
- CTABOATRS 1,455,491 52.64%
- MSSIQUA1A 32,015 49.65%
- MSSIJNK1A 30,340,758 39.64%
- DFEQPR2RS 255,276 39.37%
- VCEQUSURS 187,371 38.89%
- DFEQDLPRS 532,119 38.29%
- ARFIFMRRS 110,679 32.90%
- DFEQUDVRS 151,527 27.63%
- JPOSFTRS 113,038 27.01%
- MSVXCSTRS 41,138 22.75%
- ARFXXCCRS 149,652 20.04%
- ARCMCC1RS 27,653 20.00%
- ARCMCC2RS 106,867 19.67%
- GSISCDTRS 114,164 16.26%
- VMACBTRS 15,932 15.89%
- DFEQGDTRS 9,191 15.39%
- NMVVR1TRS 41,789 15.13%
- DFFIERVRS 44,799 14.93%
- MQCP44TRS 19,222 13.03%
- SGIXTTTRS 92,014 12.53%
- BACVWWTRS 32,407 12.41%
- VCEQCE2RS 41,637 11.79%
- VCEQCE1RS 42,405 11.76%
- ARCMBBARS 12,564 10.55%
- SGDRCTTRS 4,094 10.43%
- FOXBOATRS 50,000 1.72%
- FOXCI1TRS 28,600 0.99%
- FOXCI1TRS -749,234 -0.98%
- FOXBOATRS -1,309,850 -1.71%
- SGDRCTTRS -7,972,622 -10.42%
- ARCMBBARS -8,077,452 -10.55%
- VCEQCE1RS -7,734,247 -11.76%
- VCEQCE2RS -7,753,225 -11.79%
- BACVWWTRS -9,497,312 -12.41%
- SGIXTTTRS -9,593,333 -12.53%
- MQCP44TRS -10,003,653 -13.07%
- DFFIERVRS -11,383,461 -14.87%
- NMVVR1TRS -11,510,061 -15.04%
- DFEQGDTRS -11,777,623 -15.39%
- VMACBTRS -12,174,616 -15.91%
- GSISCDTRS -12,448,442 -16.26%
- ARCMCC2RS -15,081,551 -19.70%
- ARCMCC1RS -15,306,433 -20.00%
- ARFXXCCRS -15,308,995 -20.00%
- MSVXCSTRS -17,414,538 -22.75%
- JPOSFTRS -20,656,903 -26.99%
- DFEQUDVRS -21,148,623 -27.63%
- ARFIFMRRS -25,180,579 -32.90%
- DFEQDLPRS -29,314,435 -38.30%
- VCEQUSURS -29,765,757 -38.89%
- DFEQPR2RS -30,137,884 -39.37%
- MSSIJNK1A -32,126 -39.69%
- MSSIQUA1A -37,804,592 -49.39%
- CTABOATRS -40,244,326 -52.58%
- Estimated Cash -1,307,299 -1.71%

Recent Distributions

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

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