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QIS

Simplify Multi-QIS Alternative ETF

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as of 04/26/2024

NAV

$ 25.45

NAV Change

+ $ 0.03 /0.12%

Price

$ 25.44

Price Change

- $ 0.18 /0.70%
The Simplify Multi-QIS Alternative ETF (QIS) seeks to provide positive absolute returns and income.

The fund will invest in a diversified portfolio of third-party quantitative investment strategies across equities, interest rates, commodities, currencies, and credit. Each systematic strategy is designed to capture proven market return premia.

By using a multi-strategy approach, Simplify seeks to identify the optimal allocation among 10-20 strategies to achieve positive returns and mitigate asset-class and single-strategy risks.
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Documents

QIS Fund Deep Dive

Fund Overview

As of 04/26/2024

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$115,168,236.71
Shares Outstanding
4,525,001
Distribution Yield as of 03/31/2024 Distribution yield 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 yield.
Distribution Yield Close
Distribution yield 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 yield.
12.84%
Distribution Frequency
Quarterly
SEC 30-Day Yield as of 03/31/2024 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.
4.28%
Unsubsidized 30-Day SEC Yield as of 03/31/2024
4.28%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 04/26/2024
-0.05%
NAV Per Share as of 04/26/2024
$25.45
Market Price as of 04/26/2024
$25.44
30-Day Median Bid-Ask Spread
1.14%
Bid/Ask
$25.31/$25.58
Midpoint Price
$25.45
Volume
3,298
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 Fees 1.00%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.00%
Total Annual Fund Operating Expenses  1.00%
1. Other Expenses are estimated for the Fund’s initial fiscal year.

Fund Performance

As of 03/31/2024 12/31/2023

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV 1.07% 2.04% 1.84% 2.04% — 4.45%
Market Price 1.44% 2.71% 1.08% 2.71% — 4.72%
Annualized 1 Year 3 Year Since Inception
NAV — — —
Market Price — — —
Cumulative 1 Year Since Inception
NAV — 4.45%
Market Price — 4.72%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
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.

Historical Premium/Discount

Calendar Year 2023 1st Quarter of 2024
Days Traded at Premium
103
30
Days Traded at Discount
18
31
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 04/26/2024

Holdings - All ETFs
Ticker Name Quantity Weight
- MQISBTRS 105220 16.05%
- GSVIKTRS 94560 11.18%
- MQIS6TRS 72475 10.55%
- GSIVVTRS 62912 9.75%
- MSVCDRTRS 55041 8.39%
- MSCBUOTRS 15782 7.84%
- GSVLFTRS 64133 7.80%
- VMACBTRS 11053 7.62%
- GSISSTRS 45380 7.40%
- BAEISETRS 37669 6.57%
- MQIS2TRS 33409 6.04%
- MSVCDNTRS 35741 5.78%
- BNPXDTRS 3078 5.52%
- BNPIDTRS 5925 4.48%
- BASRUFTRS 33605 4.08%
- BNPX2TRS 19368 3.74%
- AIJPMTRS 19493 3.02%
- BNPX0TRS 19624 2.81%
- BNPXMTRS 13972 2.80%
- MSCFCETRS 11335 2.50%
- GSVIKGTRS 26480 2.48%
- VMAQDSTRS 21733 2.46%
- MSVCDDTRS 18905 2.46%
- MSCBL3TRS 11646 1.65%
- GSISDRTRS 14859 1.64%
- MSCFVATRS 10605 1.62%
- MSCFVATRS 00001 -1889386 -1.64%
- GSISDRTRS 00001 -1889470 -1.64%
- MSCBL3TRS 00001 -1895852 -1.65%
- VMAQDSTRS 00001 -2837143 -2.46%
- MSVCDDTRS 00001 -2841610 -2.47%
- GSVIKGTRS 00001 -2860104 -2.48%
- MSCFCETRS 00001 -2896659 -2.52%
- BNPXMTRS 00001 -3210445 -2.79%
- BNPX0TRS 00001 -3216685 -2.79%
- AIJPMTRS 00001 -3453379 -3.00%
- BNPX2TRS 00001 -4297875 -3.73%
- BASRUFTRS 00001 -4681848 -4.07%
- BNPIDTRS 00001 -5090601 -4.42%
- BNPXDTRS 00001 -6335173 -5.50%
- MSVCDNTRS 00001 -6642464 -5.77%
- MQIS2TRS 00001 -6937114 -6.02%
- BAEISETRS 00001 -7581262 -6.58%
- GSISSTRS 00001 -8439318 -7.33%
- VMACBTRS 00001 -8710182 -7.56%
- GSVLFTRS 00001 -8938216 -7.76%
- MSCBUOTRS 00001 -9066717 -7.87%
- MSVCDRTRS 00001 -9625570 -8.36%
- GSIVVTRS 00001 -11197706 -9.72%
- MQIS6TRS 00001 -12047983 -10.46%
- GSVIKTRS 00001 -12841248 -11.15%
- MQISBTRS 00001 -18394908 -15.97%
T Bills B 05/28/24 1800000 1.56%
T Bills B 07/05/24 21000000 18.06%
T Bills B 08/13/24 93300000 79.76%
- Estimated Cash 96399 0.08%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Ordinary Income Short Term Capital Gains Long Term Capital Gains Return of Capital Total Distribution
$0.81173 $0.00000 $0.00000 $0.00000 $0.81173
View Distribution History

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