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QIS

Simplify Multi-QIS Alternative ETF

as of 06/18/2024

NAV

$ 25.31

NAV Change

+ $ 0.03 /0.12%

Price

$ 25.13

Price Change

- $ 0.04 /0.16%
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.

QIS Fund Deep Dive

Fund Overview

As of 06/18/2024

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$115,169,443.49
Shares Outstanding
4,550,001
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
30-Day SEC Yield (Subsidized) as of 05/31/2024 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.
-
30-Day SEC Yield (Unsubsidized) as of 05/31/2024
4.32%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 06/18/2024
-0.72%
NAV Per Share as of 06/18/2024
$25.31
Market Price as of 06/18/2024
$25.13
30-Day Median Bid-Ask Spread
1.18%
Bid/Ask
$25.20/$25.49
Midpoint Price
$25.35
Volume
7,016
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 05/31/2024 12/31/2023

Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -0.26% 1.59% 2.73% 2.57% 4.99%
Market Price -0.39% 1.68% 3.03% 2.95% 4.96%
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

Historical Premium/Discount

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

Portfolio Exposure Breakdown

As of 06/04/2024

QIS Asset Class Exposure 06-04-2024
QIS Factor Exposure 06-04-2024

Portfolio Holdings

Ticker Name Quantity Weight
SPXW US 06/24/24 P5000 SPXW Jun 2024 5000 Put -58 0.00%
SPXW US 06/24/24 P5200 SPXW Jun 2024 5200 Put 58 0.00%
SPXW US 06/28/24 C5580 SPXW Jun 2024 5580 Call 60 0.03%
- MSSIQUA1A 20870 19.99%
- MQISBTRS 105220 15.77%
- BNPIDTRS 17559 13.63%
- BNPX2TRS 66146 12.65%
- MQIS6TRS 85775 12.32%
- BNPXMTRS 58929 11.72%
- MSVCDRTRS 74707 11.38%
- BNPXDTRS 6036 10.29%
- GSVICVTRS 83147 9.99%
- VMACBTRS 14004 9.60%
- GSISSTRS 57697 9.36%
- GSVLFTRS 64133 7.57%
- MSCBUOTRS 13838 7.16%
- BAEISETRS 37669 6.57%
- GSVIKTRS 52533 6.25%
- MSVCDNTRS 35741 5.81%
- GSIVVTRS 30906 4.87%
- BNPX0TRS 33773 4.74%
- BASRUFTRS 33605 3.98%
- MQIS2TRS 22279 3.84%
- AIJPMTRS 19493 2.99%
- GSVIKGTRS 26480 2.48%
- VMAQDSTRS 21733 2.47%
- MSCFCETRS 11335 2.47%
- MSVCDDTRS 18905 2.46%
- MSCBL3TRS 11646 1.65%
- GSISDRTRS 14859 1.65%
- MSCFVATRS 10605 1.60%
- MSCFVATRS 00001 -1846330 -1.60%
- GSISDRTRS 00001 -1894968 -1.65%
- MSCBL3TRS 00001 -1897482 -1.65%
- MSCFCETRS 00001 -2830122 -2.46%
- MSVCDDTRS 00001 -2835560 -2.46%
- VMAQDSTRS 00001 -2846820 -2.47%
- GSVIKGTRS 00001 -2854544 -2.48%
- AIJPMTRS 00001 -3447142 -2.99%
- MQIS2TRS 00001 -4423444 -3.84%
- BASRUFTRS 00001 -4580361 -3.98%
- BNPX0TRS 00001 -5459449 -4.74%
- GSIVVTRS 00001 -5603257 -4.87%
- MSVCDNTRS 00001 -6689642 -5.81%
- GSVIKTRS 00001 -7190191 -6.24%
- BAEISETRS 00001 -7566948 -6.57%
- MSCBUOTRS 00001 -8196394 -7.12%
- GSVLFTRS 00001 -8730425 -7.58%
- GSISSTRS 00001 -10775491 -9.36%
- VMACBTRS 00001 -11046128 -9.59%
- GSVICVTRS 00001 -11501724 -9.99%
- BNPXDTRS 00001 -11876753 -10.31%
- MSVCDRTRS 00001 -13083436 -11.36%
- BNPXMTRS 00001 -13516391 -11.74%
- MQIS6TRS 00001 -14197392 -12.33%
- BNPX2TRS 00001 -14566447 -12.65%
- BNPIDTRS 00001 -15680968 -13.62%
- MQISBTRS 00001 -18130258 -15.74%
- MSSIJNK1A 00001 -21434 -16.96%
T Bills B 07/05/24 23500000 20.36%
T Bills B 08/13/24 93300000 80.38%
- Estimated Cash -975734 -0.85%

Recent Distributions

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

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