QIS

Simplify Multi-QIS Alternative ETF

As of 10/27/2025

NAV

$ 19.29

NAV Change

+ $ 0.43 /2.28%

Price

$ 18.96

Price Change

- $ 0.03 /0.16%

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 10/27/2025

Ticker Symbol

QIS

Gross Expense Ratio

1.00%

CUSIP

82889N533

Total Assets

$78,125,779.49

Shares Outstanding

4,050,001

Distribution Rate as of 09/30/2025 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.

2.08%

Distribution Frequency

Quarterly

30-Day SEC Yield (Subsidized) as of 09/30/2025

30-Day SEC Yield (Unsubsidized) as of 09/30/2025

2.58%

Options Available

Inception Date

07/10/2023

Premium/Discount (%) as of 10/27/2025

-1.71%

NAV Per Share as of 10/27/2025

$19.29

Market Price as of 10/27/2025

$18.96

30-Day Median Bid-Ask Spread

1.79%

Bid/Ask

$18.95/$19.03

Midpoint Price

$18.99

Volume

5,197

NAV Symbol

QIS.NV

IOPV Symbol

QIS.IV

Shares Out. Symbol

QIS.SO

Schedule K-1

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 11% 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 Fees	1.00%
Distribution and Service (12b-1) Fees	0.00%
Other Expenses	0.00%
Total Annual Fund Operating Expenses	1.00%

Fund Performance (Total Return)

As of 09/30/2025 09/30/2025

Monthly Quarterly Annually

Cumulative	1 Month	3 Month	6 Month	YTD	1 Year	Since Inception
NAV	-1.82%	-13.10%	-16.78%	-19.70%	-19.89%	-17.96%
Market Price	-1.18%	-12.41%	-16.62%	-19.98%	-20.26%	-18.29%

Annualized	1 Year	3 Year	Since Inception
NAV	-19.89%	—	-8.51%
Market Price	-20.26%	—	-8.69%

Cumulative	1 Year	Since Inception
NAV	-19.89%	-17.96%
Market Price	-20.26%	-18.29%

Annualized	1 Year	3 Year	5 Year	Since Inception
NAV	-19.89%	—	—	-8.51%
Market Price	-20.26%	—	—	-8.69%

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	3rd Quarter of 2025
Days Traded at Premium	133	44
Days Traded at Discount	119	20

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 10/27/2025

Ticker	Name	Quantity	Weight
FOXY	SIMPLIFY CURRENCY STRTGY	337,443	12.11%
NQZ5 IND	NASDAQ 100 E-MINI Dec25	-120	-0.65%
UXX5 IND	CBOE VIX FUTURE Nov25	-103	0.27%
UXZ5 IND	CBOE VIX FUTURE Dec25	-21	0.00%
AEP US 11/21/25 C120	AEP Nov 2025 120 Call	1,000	0.15%
ENPH US 10/31/25 P35	ENPH Oct 2025 35 Put	500	0.10%
GLD US 10/29/25 P352	GLD Oct 2025 352 Put	893	0.03%
GLD US 10/29/25 P362	GLD Oct 2025 362 Put	-893	-0.16%
META US 10/31/25 C735	META Oct 2025 735 Call	60	0.26%
NBIX US 11/21/25 C145	NBIX Nov 2025 145 Call	144	0.17%
NBIX US 11/21/25 C165	NBIX Nov 2025 165 Call	-144	-0.04%
NDX US 11/21/25 C24600	NASDAQ 100 Nov 2025 24600 Call	58	10.71%
NDXP US 11/07/25 P23000	NDXP Nov 2025 23000 Put	8	0.01%
NDXP US 11/07/25 P24000	NDXP Nov 2025 24000 Put	-8	-0.03%
OTC BNP OP0001MST 7/24/28	OTC BNP OP0001MST 7/24/28 CALL 100%	20,000,000	0.49%
OTC BNP OP0001MST 7/31/28	OTC BNP OP0001MST 7/31/28	20,000,000	0.49%
OTC BNP OP0001MST 8/15/28	OTC BNP OP0001MST 8/15/28	20,000,000	0.50%
OTC GS RTY 1/26/26 90% PU	OTC GS RTY 1/26/25 90% PUT/ 70% KO	12,352	0.07%
PYPL US 11/07/25 P69	PYPL Nov 2025 69 Put	530	0.18%
RUTW US 11/07/25 P2270	RUTW Nov 2025 2270 Put	86	0.02%
RUTW US 11/07/25 P2370	RUTW Nov 2025 2370 Put	-86	-0.05%
SPXW US 10/29/25 C6895	SPXW Oct 2025 6895 Call	719	1.45%
SPXW US 10/30/25 C6925	SPXW Oct 2025 6925 Call	118	0.23%
SPXW US 10/31/25 C6920	SPXW Oct 2025 6920 Call	163	0.49%
SPXW US 11/07/25 P6210	SPXW Nov 2025 6210 Put	28	0.01%
SPXW US 11/07/25 P6510	SPXW Nov 2025 6510 Put	-28	-0.02%
SPXW US 11/14/25 C6890	SPXW Nov 2025 6890 Call	29	0.27%
-	TREASURY BILL DN 12/25	3,900,000	4.96%
-	TREASURY BILL DN 12/25	22,200,000	28.23%
-	TREASURY BILL DN 12/25	500,000	0.64%
-	TREASURY BILL DN 12/25	8,800,000	11.17%
-	TREASURY BILL DN 12/25	4,600,000	5.84%
-	TREASURY BILL DN 1/26	10,000,000	12.68%
-	TREASURY BILL DN 1/26	4,500,000	5.71%
-	TREASURY BIL 0.0 2/26	3,500,000	4.42%
-	DREYFUS TRSY OBLIG CASH M	2,758,293	3.52%
-	CURRENCY CONTRACT - ARS	1,413,600,000	1.17%
-	CURRENCY CONTRACT - USD	650,000	0.83%
-	CURRENCY CONTRACT - TRY	20,506,920	0.60%
-	CURRENCY CONTRACT - ARS	702,000,000	0.58%
-	EURO	29,085	0.04%
-	CHINESE YUAN	139,375	0.03%
-	JAPANESE YEN	-195,271	0.00%
-	SWISS FRANC	-1,638	0.00%
-	CURRENCY CONTRACT - ARS	-450,000	-0.57%
-	CURRENCY CONTRACT - TRY	-465,000	-0.59%
-	CURRENCY CONTRACT - USD	-975,000,000	-0.81%
-	CURRENCY CONTRACT - ARS	-950,000	-1.21%
-	MSSIQUA1A	38,757	61.60%
-	MSSIJNK1A	37,746,755	48.23%
-	DFEQPR2RS	255,276	38.36%
-	VCEQUS2RS	223,205	38.22%
-	DFEQDLPRS	532,119	37.06%
-	ARCMCC1RS	45,530	31.87%
-	CTABOATRS	895,491	31.00%
-	DFEQUDVRS	151,527	27.04%
-	ARFXXCCRS	149,652	19.82%
-	JPOSFTRS	81,578	19.32%
-	AMCMMR1RS	51,748	19.26%
-	ARCMCC2RS	106,867	19.24%
-	ARFIFMRRS	63,803	18.61%
-	VCCMVB1RS	23,946	15.98%
-	DFEQVTSRS	60,882	15.82%
-	DFFIERVRS	44,799	14.62%
-	NMVVR1TRS	41,789	13.84%
-	DFEQDG1RS	7,977	13.28%
-	VCEQCE2RS	46,258	12.92%
-	SGIXTTTRS	92,014	12.43%
-	SGDRCTTRS	4,094	10.14%
-	FOXBNPTRS	125,000	4.49%
-	DFEQJDVRS	24,545	3.96%
-	FOXBOATRS	101,000	3.62%
-	FOXCI1TRS	28,600	1.03%
-	FOXCI1TRS	-779,435	-1.00%
-	FOXBOATRS	-2,752,553	-3.52%
-	DFEQJDVRS	-3,100,278	-3.96%
-	FOXBNPTRS	-3,406,625	-4.35%
-	SGDRCTTRS	-7,946,503	-10.15%
-	SGIXTTTRS	-9,738,982	-12.44%
-	VCEQCE2RS	-8,673,375	-12.91%
-	DFEQDG1RS	-10,509,936	-13.43%
-	NMVVR1TRS	-11,066,855	-14.14%
-	DFFIERVRS	-11,507,873	-14.70%
-	DFEQVTSRS	-12,499,971	-15.97%
-	VCCMVB1RS	-12,632,295	-16.14%
-	ARFIFMRRS	-14,571,329	-18.62%
-	AMCMMR1RS	-14,999,985	-19.17%
-	JPOSFTRS	-15,086,594	-19.28%
-	ARCMCC2RS	-15,091,020	-19.28%
-	ARFXXCCRS	-15,495,910	-19.80%
-	DFEQUDVRS	-21,145,592	-27.02%
-	ARCMCC1RS	-25,068,772	-32.03%
-	CTABOATRS	-25,942,374	-33.15%
-	DFEQDLPRS	-29,112,230	-37.20%
-	VCEQUS2RS	-29,838,044	-38.12%
-	DFEQPR2RS	-29,992,377	-38.32%
-	MSSIJNK1A	-37,593	-49.55%
-	MSSIQUA1A	-47,541,274	-60.74%
-	Estimated Cash	-816,108	-1.04%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date	Record Date	Payable Date	Total Distribution
12/23/2025	12/23/2025	12/31/2025	N/A
09/25/2025	09/25/2025	09/30/2025	$0.10000
06/25/2025	06/25/2025	06/30/2025	$0.10000
03/26/2025	03/26/2025	03/31/2025	$0.30000
12/23/2024	12/23/2024	12/31/2024	$0.01252

View Distribution History

DISTRIBUTION CALENDAR

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.

NAV

NAV Change

Price

Price Change

Documents

Holdings are subject to change without notice.

Why Register?

QIS

Simplify Multi-QIS Alternative ETF

NAV

NAV Change

Price

Price Change

Documents

Fund Overview

Distribution Rate Close

Management Fees

Fund Performance (Total Return)

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

Portfolio Holdings

Holdings are subject to change without notice.

Recent Distributions

S19(a) Notices Close

Why Register?