QIS

Simplify Multi-QIS Alternative ETF

As of 10/03/2025

NAV

$ 19.11

NAV Change

- $ 0.08 /0.42%

Price

$ 19.07

Price Change

- $ 0.23 /1.19%

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 10/03/2025

Ticker Symbol

QIS

Gross Expense Ratio

1.00%

CUSIP

82889N533

Total Assets

$93,616,517.33

Shares Outstanding

4,900,001

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.

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 month of performance.

SEC 30-Day Yield Close

SEC 30-day Yield is available once fund has a full month of performance.

30-Day SEC Yield (Unsubsidized) as of 08/31/2025

2.32%

Options Available

Inception Date

07/10/2023

Premium/Discount (%) as of 10/03/2025

-0.19%

NAV Per Share as of 10/03/2025

$19.11

Market Price as of 10/03/2025

$19.07

30-Day Median Bid-Ask Spread

1.73%

Bid/Ask

$19.00/$19.39

Midpoint Price

$19.20

Volume

2,254

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 10/03/2025

Ticker	Name	Quantity	Weight
FOXY	SIMPLIFY CURRENCY STRTGY	337,443	9.93%
GLD US 10/15/25 P329	GLD Oct 2025 329 Put	980	0.01%
GLD US 10/15/25 P339	GLD Oct 2025 339 Put	-980	-0.03%
GLD US 10/17/25 P333	GLD Oct 2025 333 Put	982	0.02%
GLD US 10/17/25 P343	GLD Oct 2025 343 Put	-982	-0.06%
NDX US 10/17/25 C24525	NASDAQ 100 Oct 2025 24525 Call	38	1.96%
NDXP US 10/15/25 P22600	NDXP Oct 2025 22600 Put	9	0.01%
NDXP US 10/15/25 P23600	NDXP Oct 2025 23600 Put	-9	-0.04%
NDXP US 10/17/25 P22600	NDXP Oct 2025 22600 Put	9	0.02%
NDXP US 10/17/25 P23600	NDXP Oct 2025 23600 Put	-9	-0.06%
OTC BNP OP0001MST 7/24/28	OTC BNP OP0001MST 7/24/28 CALL 100%	20,000,000	0.40%
OTC BNP OP0001MST 7/31/28	OTC BNP OP0001MST 7/31/28	20,000,000	0.43%
OTC BNP OP0001MST 8/15/28	OTC BNP OP0001MST 8/15/28	20,000,000	0.44%
OTC GS RTY 1/26/26 90% PU	OTC GS RTY 1/26/25 90% PUT/ 70% KO	12,352	0.09%
OTC HS1 VZ/BX/BRK WOF 9/1	OTC HS1 VZ/BX/BRK WOF 9/1	-5,000,000	-0.65%
RUTW US 10/17/25 P2255	RUTW Oct 2025 2255 Put	97	0.02%
RUTW US 10/17/25 P2355	RUTW Oct 2025 2355 Put	-97	-0.06%
SPXW US 10/06/25 C6790	SPXW Oct 2025 6790 Call	86	0.00%
SPXW US 10/06/25 P6400	SPXW Oct 2025 6400 Put	107	0.01%
SPXW US 10/08/25 C6815	SPXW Oct 2025 6815 Call	390	0.03%
SPXW US 10/08/25 P6350	SPXW Oct 2025 6350 Put	170	0.02%
SPXW US 10/10/25 C6775	SPXW Oct 2025 6775 Call	82	0.12%
SPXW US 10/10/25 P6140	SPXW Oct 2025 6140 Put	32	0.00%
SPXW US 10/10/25 P6400	SPXW Oct 2025 6400 Put	107	0.04%
SPXW US 10/10/25 P6440	SPXW Oct 2025 6440 Put	-32	-0.01%
SPXW US 10/13/25 C6785	SPXW Oct 2025 6785 Call	80	0.12%
SPXW US 10/15/25 P6150	SPXW Oct 2025 6150 Put	32	0.01%
SPXW US 10/15/25 P6450	SPXW Oct 2025 6450 Put	-32	-0.03%
SPXW US 10/17/25 P6150	SPXW Oct 2025 6150 Put	32	0.02%
SPXW US 10/17/25 P6450	SPXW Oct 2025 6450 Put	-32	-0.05%
SPXW US 10/22/25 C6790	SPXW Oct 2025 6790 Call	34	0.14%
SPXW US 10/24/25 C6810	SPXW Oct 2025 6810 Call	36	0.14%
-	TREASURY BILL DN 10/25	21,000,000	22.39%
-	TREASURY BILL DN 10/25	5,800,000	6.18%
-	TREASURY BILL DN 12/25	3,900,000	4.14%
-	TREASURY BILL DN 12/25	36,500,000	38.73%
-	TREASURY BILL DN 12/25	500,000	0.53%
-	TREASURY BILL DN 12/25	8,800,000	9.32%
-	TREASURY BILL DN 12/25	4,600,000	4.87%
-	CURRENCY CONTRACT - ARS	1,413,600,000	0.95%
-	DREYFUS TRSY OBLIG CASH M	696,490	0.74%
-	EURO	34,122	0.04%
-	CHINESE YUAN	139,375	0.02%
-	JAPANESE YEN	-195,271	0.00%
-	SWISS FRANC	-1,638	0.00%
-	CURRENCY CONTRACT - ARS	-950,000	-1.02%
-	MSSIQUA1A	38,757	51.57%
-	MSSIJNK1A	38,268,875	40.90%
-	DFEQPR2RS	255,276	32.09%
-	VCEQUS2RS	223,205	31.91%
-	DFEQDLPRS	532,119	31.08%
-	CTABOATRS	895,491	26.56%
-	DFEQUDVRS	151,527	22.59%
-	ARFXXCCRS	149,652	16.57%
-	ARCMCC1RS	27,653	16.32%
-	ARCMCC2RS	106,867	16.19%
-	JPOSFTRS	81,578	16.15%
-	ARFIFMRRS	63,803	15.56%
-	VMACBTRS	15,932	13.43%
-	GSISCDTRS	114,164	13.29%
-	DFEQGDTRS	9,191	12.62%
-	DFFIERVRS	44,799	12.20%
-	NMVVR1TRS	41,789	11.74%
-	VCEQCE2RS	46,258	10.87%
-	MQCP44TRS	19,222	10.80%
-	SGIXTTTRS	92,014	10.37%
-	SGDRCTTRS	4,094	8.48%
-	BACVWWTRS	21,812	6.87%
-	FOXBNPTRS	125,000	3.68%
-	FOXBOATRS	101,000	2.97%
-	FOXCI1TRS	28,600	0.84%
-	FOXCI1TRS	-800,779	-0.86%
-	FOXBOATRS	-2,827,929	-3.02%
-	FOXBNPTRS	-3,499,912	-3.74%
-	BACVWWTRS	-6,479,660	-6.92%
-	SGDRCTTRS	-7,935,437	-8.48%
-	SGIXTTTRS	-9,663,356	-10.33%
-	MQCP44TRS	-10,083,718	-10.78%
-	VCEQCE2RS	-8,642,382	-10.84%
-	NMVVR1TRS	-10,875,424	-11.62%
-	DFFIERVRS	-11,144,082	-11.91%
-	DFEQGDTRS	-11,791,777	-12.60%
-	GSISCDTRS	-12,454,150	-13.31%
-	VMACBTRS	-12,731,313	-13.61%
-	ARFIFMRRS	-14,540,703	-15.54%
-	JPOSFTRS	-15,104,044	-16.14%
-	ARCMCC2RS	-15,104,357	-16.14%
-	ARFXXCCRS	-15,349,446	-16.40%
-	ARCMCC1RS	-15,468,673	-16.53%
-	DFEQUDVRS	-21,150,138	-22.60%
-	CTABOATRS	-24,840,920	-26.55%
-	DFEQDLPRS	-29,106,909	-31.11%
-	VCEQUS2RS	-29,809,027	-31.86%
-	DFEQPR2RS	-30,015,352	-32.08%
-	MSSIJNK1A	-37,593	-41.62%
-	MSSIQUA1A	-47,603,183	-50.87%
-	Estimated Cash	-72,366	-0.08%

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

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)

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?