QIS

Simplify Multi-QIS Alternative ETF

As of 07/07/2025

NAV

$ 21.90

NAV Change

- $ 1.31 /5.64%

Price

$ 23.07

Price Change

+ $ 0.45 /1.99%

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 07/07/2025

Ticker Symbol

QIS

Gross Expense Ratio

1.00%

CUSIP

82889N533

Total Assets

$95,247,529.72

Shares Outstanding

4,350,001

Distribution Rate as of 03/31/2025 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.

5.15%

Distribution Frequency

Quarterly

30-Day SEC Yield (Subsidized) as of 05/31/2025 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 05/31/2025

2.47%

Options Available

Inception Date

07/10/2023

Premium/Discount (%) as of 07/07/2025

5.36%

NAV Per Share as of 07/07/2025

$21.90

Market Price as of 07/07/2025

$23.07

30-Day Median Bid-Ask Spread

1.28%

Bid/Ask

$23.00/$23.16

Midpoint Price

$23.08

Volume

10,509

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 46% 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 06/30/2025 06/30/2025

Monthly Quarterly Annually

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	—	—

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 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 07/07/2025

Ticker	Name	Quantity	Weight
FOXY	SIMPLIFY CURRENCY STRTGY	289,943	8.00%
GS RTY 01/26/26 P2040.111	GS Jan 2026 2040 Put	12,352	0.27%
NOMSPXRTY 5/22/26 P100/70	NOMSPXRTY May 2026 100 Put	-25,000,000	-0.22%
SPX OTC 07/18/25 P1	S&P 500 Index Jul 2025 1 Put	1,330,000	0.01%
SPXW US 07/09/25 C6275	SPXW Jul 2025 6275 Call	686	0.48%
SPXW US 07/09/25 P6000	SPXW Jul 2025 6000 Put	132	0.00%
SPXW US 07/14/25 P5930	SPXW Jul 2025 5930 Put	154	0.04%
SPXW US 07/18/25 C6300	SPXW Jul 2025 6300 Call	741	2.36%
SPXW US 07/31/25 C6500	SPXW Jul 2025 6500 Call	2,402	2.31%
SPXW US 08/15/25 C6400	SPXW Aug 2025 6400 Call	188	1.02%
SPXW US 08/15/25 C6650	SPXW Aug 2025 6650 Call	470	0.32%
VIX US 08/20/25 C30	VIX Aug 2025 30 Call	555	0.06%
-	TREASURY BILL DN 7/25	21,000,000	21.99%
-	TREASURY BILL DN 7/25	4,000,000	4.19%
-	TREASURY BILL DN 8/25	6,600,000	6.91%
-	TREASURY BILL DN 8/25	500,000	0.52%
-	TREASURY BILL DN 8/25	6,000,000	6.26%
-	TREASURY BILL DN 9/25	16,400,000	17.05%
-	TREASURY BILL DN 9/25	4,000,000	4.16%
-	TREASURY BIL 0.0 0/25	19,500,000	20.20%
-	TREASURY BIL 0.0 0/25	5,200,000	5.39%
-	CURRENCY CONTRACT - USD	14,438,753	15.16%
-	CURRENCY CONTRACT - CHF	11,110,000	14.75%
-	CURRENCY CONTRACT - USD	11,406,650	11.98%
-	CURRENCY CONTRACT - USD	9,937,198	10.43%
-	CURRENCY CONTRACT - USD	8,424,779	8.84%
-	CURRENCY CONTRACT - SEK	71,780,000	7.96%
-	CURRENCY CONTRACT - NOK	76,550,000	7.95%
-	CURRENCY CONTRACT - USD	7,507,909	7.88%
-	CURRENCY CONTRACT - GBP	4,970,000	7.11%
-	CURRENCY CONTRACT - EUR	5,320,000	6.58%
-	CURRENCY CONTRACT - SEK	56,880,000	6.31%
-	CURRENCY CONTRACT - EUR	4,870,000	6.02%
-	CURRENCY CONTRACT - JPY	824,190,000	5.97%
-	CURRENCY CONTRACT - JPY	790,920,000	5.73%
-	CURRENCY CONTRACT - USD	5,386,792	5.66%
-	CURRENCY CONTRACT - CAD	6,660,000	5.13%
-	CURRENCY CONTRACT - GBP	3,520,000	5.03%
-	CURRENCY CONTRACT - USD	4,721,745	4.96%
-	CURRENCY CONTRACT - GBP	3,440,000	4.92%
-	CURRENCY CONTRACT - USD	4,551,140	4.78%
-	CURRENCY CONTRACT - USD	4,537,519	4.76%
-	CURRENCY CONTRACT - JPY	495,050,000	3.59%
-	CURRENCY CONTRACT - EUR	2,850,000	3.52%
-	CURRENCY CONTRACT - GBP	2,410,000	3.45%
-	CURRENCY CONTRACT - USD	3,278,141	3.44%
-	CURRENCY CONTRACT - USD	3,267,854	3.43%
-	CURRENCY CONTRACT - AUD	5,020,000	3.43%
-	CURRENCY CONTRACT - USD	3,266,819	3.43%
-	CURRENCY CONTRACT - USD	3,260,006	3.42%
-	CURRENCY CONTRACT - USD	3,254,491	3.42%
-	CURRENCY CONTRACT - USD	3,215,387	3.38%
-	CURRENCY CONTRACT - AUD	4,650,000	3.18%
-	CURRENCY CONTRACT - USD	3,025,834	3.18%
-	CURRENCY CONTRACT - CHF	2,000,000	2.66%
-	CURRENCY CONTRACT - USD	2,524,830	2.65%
-	CURRENCY CONTRACT - USD	2,473,968	2.60%
-	CURRENCY CONTRACT - NOK	24,600,000	2.55%
-	CURRENCY CONTRACT - USD	2,430,985	2.55%
-	CURRENCY CONTRACT - USD	2,348,215	2.47%
-	CURRENCY CONTRACT - EUR	1,980,000	2.45%
-	CURRENCY CONTRACT - USD	2,325,187	2.44%
-	CURRENCY CONTRACT - USD	2,311,764	2.43%
-	CURRENCY CONTRACT - CAD	3,140,000	2.42%
-	CURRENCY CONTRACT - NOK	23,250,000	2.41%
-	FIDELITY INV MMTRSY 1 680	1,000,466	1.05%
-	CURRENCY CONTRACT - USD	963,403	1.01%
-	CURRENCY CONTRACT - JPY	96,150,000	0.70%
-	CURRENCY CONTRACT - EUR	560,000	0.69%
-	CURRENCY CONTRACT - SEK	2,430,000	0.27%
-	CURRENCY CONTRACT - USD	213,311	0.22%
-	CURRENCY CONTRACT - USD	149,888	0.16%
-	CURRENCY CONTRACT - NOK	600,000	0.06%
-	EURO	42,051	0.05%
-	CHINESE YUAN	139,375	0.02%
-	CURRENCY CONTRACT - NOK	-59,294	-0.06%
-	CURRENCY CONTRACT - USD	-110,000	-0.16%
-	CURRENCY CONTRACT - USD	-170,000	-0.23%
-	CURRENCY CONTRACT - SEK	-256,517	-0.27%
-	CURRENCY CONTRACT - EUR	-659,239	-0.69%
-	CURRENCY CONTRACT - JPY	-662,974	-0.70%
-	CURRENCY CONTRACT - USD	-1,480,000	-1.01%
-	CURRENCY CONTRACT - CAD	-2,302,481	-2.42%
-	CURRENCY CONTRACT - EUR	-2,305,144	-2.42%
-	CURRENCY CONTRACT - NOK	-2,328,789	-2.44%
-	CURRENCY CONTRACT - USD	-1,980,000	-2.45%
-	CURRENCY CONTRACT - USD	-3,180,000	-2.45%
-	CURRENCY CONTRACT - USD	-3,210,000	-2.47%
-	CURRENCY CONTRACT - NOK	-2,430,604	-2.55%
-	CURRENCY CONTRACT - USD	-24,600,000	-2.55%
-	CURRENCY CONTRACT - USD	-354,250,000	-2.57%
-	CURRENCY CONTRACT - CHF	-2,460,787	-2.58%
-	CURRENCY CONTRACT - USD	-3,410,000	-2.63%
-	CURRENCY CONTRACT - USD	-4,650,000	-3.18%
-	CURRENCY CONTRACT - AUD	-3,033,553	-3.18%
-	CURRENCY CONTRACT - USD	-462,460,000	-3.35%
-	CURRENCY CONTRACT - USD	-469,940,000	-3.41%
-	CURRENCY CONTRACT - AUD	-3,255,329	-3.42%
-	CURRENCY CONTRACT - USD	-5,020,000	-3.43%
-	CURRENCY CONTRACT - GBP	-3,274,461	-3.44%
-	CURRENCY CONTRACT - USD	-2,410,000	-3.45%
-	CURRENCY CONTRACT - USD	-31,280,000	-3.47%
-	CURRENCY CONTRACT - EUR	-3,304,613	-3.47%
-	CURRENCY CONTRACT - USD	-2,850,000	-3.52%
-	CURRENCY CONTRACT - JPY	-3,442,226	-3.61%
-	CURRENCY CONTRACT - USD	-42,930,000	-4.76%
-	CURRENCY CONTRACT - USD	-45,960,000	-4.77%
-	CURRENCY CONTRACT - GBP	-4,634,176	-4.87%
-	CURRENCY CONTRACT - GBP	-4,785,018	-5.02%
-	CURRENCY CONTRACT - USD	-3,520,000	-5.03%
-	CURRENCY CONTRACT - CAD	-4,886,211	-5.13%
-	CURRENCY CONTRACT - USD	-54,440,000	-5.65%
-	CURRENCY CONTRACT - JPY	-5,513,258	-5.79%
-	CURRENCY CONTRACT - EUR	-5,710,714	-6.00%
-	CURRENCY CONTRACT - JPY	-5,748,634	-6.04%
-	CURRENCY CONTRACT - SEK	-6,020,974	-6.32%
-	CURRENCY CONTRACT - EUR	-6,298,193	-6.61%
-	CURRENCY CONTRACT - GBP	-6,795,459	-7.13%
-	CURRENCY CONTRACT - USD	-11,430,000	-7.81%
-	CURRENCY CONTRACT - NOK	-7,568,383	-7.95%
-	CURRENCY CONTRACT - SEK	-7,608,866	-7.99%
-	CURRENCY CONTRACT - USD	-11,470,000	-8.84%
-	CURRENCY CONTRACT - USD	-7,910,000	-10.50%
-	CURRENCY CONTRACT - USD	-8,300,000	-11.87%
-	CURRENCY CONTRACT - CHF	-14,040,178	-14.74%
-	CURRENCY CONTRACT - USD	-136,810,000	-15.17%
-	MSSIQUA1A	40,377	51.17%
-	CTABOATRS	1,705,491	48.76%
-	MSSIJNK1A	37,485,066	39.35%
-	DFEQPR2RS	255,276	31.65%
-	VCEQUSURS	187,371	31.24%
-	DFEQDLPRS	532,119	30.80%
-	ARFIFMRRS	110,679	26.44%
-	DFEQUDVRS	151,527	22.22%
-	JPOSFTRS	113,038	21.57%
-	MSVXCSTRS	41,138	18.15%
-	ARFXXCCRS	149,652	16.10%
-	ARCMCC1RS	27,653	15.85%
-	ARCMCC2RS	106,867	15.82%
-	ARCMBBARS	21,993	15.25%
-	GSISCDTRS	114,164	13.08%
-	MSVXCSTRS	29,565	13.04%
-	VMACBTRS	15,932	12.69%
-	DFEQGDTRS	9,191	12.42%
-	NMVVR1TRS	41,789	12.02%
-	DFFIERVRS	44,799	11.92%
-	MQCP44TRS	19,222	10.50%
-	SGIXTTTRS	92,014	10.11%
-	BACVWWTRS	32,407	9.91%
-	VCEQCE2RS	41,637	9.53%
-	VCEQCE1RS	42,405	9.51%
-	BNPXVTRS	83,538	9.47%
-	SGDRCTTRS	4,094	8.36%
-	FOXBOATRS	50,000	1.38%
-	FOXCI1TRS	28,600	0.79%
-	FOXCI1TRS	-758,303	-0.80%
-	FOXBOATRS	-1,325,705	-1.39%
-	SGDRCTTRS	-7,940,173	-8.34%
-	BNPXVTRS	-9,029,889	-9.48%
-	VCEQCE1RS	-7,707,532	-9.48%
-	VCEQCE2RS	-7,735,738	-9.52%
-	BACVWWTRS	-9,479,504	-9.95%
-	SGIXTTTRS	-9,546,480	-10.02%
-	MQCP44TRS	-9,910,003	-10.40%
-	NMVVR1TRS	-11,422,612	-11.99%
-	DFFIERVRS	-11,488,676	-12.06%
-	DFEQGDTRS	-11,901,242	-12.49%
-	VMACBTRS	-12,129,504	-12.73%
-	MSVXCSTRS	-12,271,248	-12.88%
-	GSISCDTRS	-12,463,283	-13.08%
-	ARCMBBARS	-14,454,118	-15.18%
-	ARCMCC1RS	-15,000,010	-15.75%
-	ARCMCC2RS	-15,004,543	-15.75%
-	ARFXXCCRS	-15,178,094	-15.94%
-	MSVXCSTRS	-17,074,738	-17.93%
-	JPOSFTRS	-20,385,725	-21.40%
-	DFEQUDVRS	-21,174,382	-22.23%
-	ARFIFMRRS	-25,108,637	-26.36%
-	DFEQDLPRS	-29,458,107	-30.93%
-	VCEQUSURS	-29,713,293	-31.20%
-	DFEQPR2RS	-30,114,909	-31.62%
-	MSSIJNK1A	-41,514	-41.31%
-	MSSIQUA1A	-48,005,022	-50.40%
-	CTABOATRS	-48,265,395	-50.67%
-	Estimated Cash	-167,321	-0.18%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date	Record Date	Payable Date	Total Distribution
09/25/2025	09/25/2025	09/30/2025	N/A
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
09/25/2024	09/25/2024	09/30/2024	$0.15000

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

SEC 30-Day Yield Close

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

SEC 30-Day Yield Close

Management Fees

Fund Performance (Total Return)

Historical Premium/Discount

Portfolio Holdings

Holdings are subject to change without notice.

Recent Distributions

S19(a) Notices Close

Why Register?