View All ETFs

QIS

Simplify Multi-QIS Alternative ETF

Spotlight Banner
As of 09/17/2025

NAV

$ 19.24

NAV Change

- $ 0.17 /0.88%

Price

$ 19.39

Price Change

- $ 0.19 /0.97%
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. 
 
Spotlight Banner

Documents

Fund Overview

As of 09/17/2025

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$53,874,206.74
Shares Outstanding
2,800,001
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 08/31/2025 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 08/31/2025
2.32%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 09/17/2025
0.78%
NAV Per Share as of 09/17/2025
$19.24
Market Price as of 09/17/2025
$19.39
30-Day Median Bid-Ask Spread
1.85%
Bid/Ask
$19.26/$19.54
Midpoint Price
$19.40
Volume
3,914
NAV Symbol
QIS.NV
IOPV Symbol
QIS.IV
Shares Out. Symbol
QIS.SO
Schedule K-1
No
 
The Distribution Rate is the annual rate an investor would receive if the most recently declared distribution, which includes option income, remained the same going forward. The Distribution Rate is calculated by multiplying an ETF’s Distribution per Share by twelve (12), and dividing the resulting amount by the ETF’s most recent NAV. The Distribution Rate represents a single distribution from the ETF and does not represent its total return. Distribution includes an estimated 26% Return of Capital ("ROC"). The ROC percentage indicates the percentage of the distribution that reflects an investor's initial investment.

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 08/31/2025 06/30/2025

Monthly Quarterly Annually
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -3.02% -9.71% -18.08% -18.21% -19.14% -16.44%
Market Price -4.88% -10.74% -18.46% -19.03% -19.64% -17.32%
Annualized 1 Year 3 Year Since Inception
NAV -19.14% — -8.04%
Market Price -19.64% — -8.50%
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 — —
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above. 

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Growth of $10,000

The Growth of $10,000 chart reflects a hypothetical investment and assumes reinvestment of dividends and capital gains. Fund expenses, including management fees and other expenses were deducted. Results are not indicative of future performance. 

Historical Premium/Discount

Calendar Year 2024 2nd Quarter of 2025
Days Traded at Premium
133
41
Days Traded at Discount
119
21
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 09/17/2025

Holdings - All ETFs
Ticker Name Quantity Weight
FOXY SIMPLIFY CURRENCY STRTGY 205,443 10.65%
OTC BNP OP0001MST 7/24/28 OTC BNP OP0001MST 7/24/28 CALL 100% 20,000,000 0.70%
OTC BNP OP0001MST 7/31/28 OTC BNP OP0001MST 7/31/28 20,000,000 0.76%
OTC BNP OP0001MST 8/15/28 OTC BNP OP0001MST 8/15/28 20,000,000 0.78%
OTC GS RTY 1/26/26 90% PU OTC GS RTY 1/26/25 90% PUT/ 70% KO 12,352 0.22%
SPXW US 09/18/25 C6700 SPXW Sep 2025 6700 Call 660 0.07%
SPXW US 09/19/25 P6200 SPXW Sep 2025 6200 Put 33 0.01%
SPXW US 10/03/25 C6670 SPXW Oct 2025 6670 Call 41 0.30%
SPXW US 10/08/25 C6690 SPXW Oct 2025 6690 Call 40 0.30%
- TREASURY BILL DN 9/25 8,600,000 16.00%
- TREASURY BILL DN 9/25 4,500,000 8.37%
- TREASURY BILL DN 10/25 21,500,000 39.88%
- TREASURY BILL DN 10/25 5,800,000 10.76%
- TREASURY BILL DN 12/25 3,900,000 7.21%
- TREASURY BILL DN 12/25 3,000,000 5.54%
- TREASURY BILL DN 12/25 500,000 0.92%
- EURO 36,029 0.08%
- CHINESE YUAN 139,375 0.04%
- DFEQPR2RS 255,276 55.93%
- VCEQUS2RS 223,205 55.54%
- DFEQDLPRS 532,119 54.22%
- MSSIQUA1A 22,311 50.96%
- CTABOATRS 895,491 45.86%
- MSSIJNK1A 21,897,505 40.79%
- DFEQUDVRS 151,527 39.40%
- ARCMCC1RS 27,653 28.83%
- ARFXXCCRS 149,652 28.65%
- ARCMCC2RS 106,867 28.13%
- JPOSFTRS 81,578 28.12%
- ARFIFMRRS 63,803 27.08%
- VMACBTRS 15,932 23.67%
- GSISCDTRS 114,164 23.19%
- DFEQGDTRS 9,191 21.96%
- DFFIERVRS 44,799 20.55%
- NMVVR1TRS 41,789 20.02%
- VCEQCE2RS 46,258 19.03%
- MQCP44TRS 19,222 18.76%
- SGIXTTTRS 92,014 18.02%
- SGDRCTTRS 4,094 14.77%
- BACVWWTRS 21,812 12.06%
- FOXBNPTRS 125,000 6.48%
- FOXBOATRS 101,000 5.24%
- FOXCI1TRS 28,600 1.48%
- FOXCI1TRS -800,779 -1.49%
- FOXBOATRS -2,827,929 -5.27%
- FOXBNPTRS -3,499,912 -6.52%
- BACVWWTRS -6,479,660 -12.07%
- SGDRCTTRS -7,935,437 -14.78%
- SGIXTTTRS -9,663,356 -18.00%
- MQCP44TRS -10,083,718 -18.78%
- VCEQCE2RS -8,642,382 -19.04%
- NMVVR1TRS -10,875,424 -20.26%
- DFFIERVRS -11,144,082 -20.76%
- DFEQGDTRS -11,791,777 -21.97%
- GSISCDTRS -12,454,150 -23.20%
- VMACBTRS -12,731,313 -23.72%
- ARFIFMRRS -14,540,703 -27.09%
- JPOSFTRS -15,104,044 -28.14%
- ARCMCC2RS -15,104,357 -28.14%
- ARFXXCCRS -15,429,704 -28.74%
- ARCMCC1RS -15,468,673 -28.82%
- DFEQUDVRS -21,150,138 -39.40%
- MSSIJNK1A -21,410 -40.75%
- CTABOATRS -24,840,920 -46.28%
- MSSIQUA1A -27,355,293 -50.96%
- DFEQDLPRS -29,106,909 -54.22%
- VCEQUS2RS -29,809,027 -55.53%
- DFEQPR2RS -30,015,352 -55.92%
- Estimated Cash -789,076 -1.47%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.10000
$0.30000
$0.01252
$0.15000
View Distribution History
S19(a) Notices Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.
S19(a) Notices Close
Data in the s19 reports should not be relied upon to estimate the tax classification of distributions. They are rough point-in-time estimates that do not line up with the fund's fiscal year end and are thus not reflective of the tax information investors should expect. S19 reports are posted for regulatory requirements only.

Why Register?

  • In-depth case studies provide valuable insights into practical portfolio problems and their solutions
  • Simplify curated model portfolios that show investors how to incorporate alternatives into their portfolio
Create Your Account
Simplify Curated Model Portfolios Incorporating Alternatives In-Depth Case Studies To Help You Manage Portfolios
Contact Us