Simplify Multi-QIS Alternative ETF

Frequently Asked Questions About QIS

What does QIS invest in?

The fund is an actively managed ETF that seeks to achieve its investment objective by investing, primarily through total return swaps, in a diversified portfolio of third-party quantitative investment strategies across equities, interest rates, commodities, and currencies. The swaps provide returns to the fund that are based on model portfolios generated by the quantitative investment strategies.

What is the expense ratio of QIS?

Simplify Multi-QIS Alternative ETF (QIS) charges an expense ratio of 1.21%. This is the annual fee deducted from fund assets to cover management and operations.

How big is QIS?

Simplify Multi-QIS Alternative ETF (QIS) manages $40.8M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is QIS actively managed or an index fund?

QIS is actively managed — the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (QIS's is 1.21%) in exchange for the discretion to over- or under-weight positions.

When was QIS launched?

Simplify Multi-QIS Alternative ETF (QIS) launched in July 2023 and is managed by Simplify.

How has QIS performed?

QIS's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.