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Simplify Multi-Qis Alternative ETF (QIS)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

Issuer

Simplify

Inception Date

Jul 10, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Asset Class

Alternatives

Share Price Chart


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Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
QIS vs. JAAA QIS vs. HFND QIS vs. MTBA QIS vs. AHTPX QIS vs. GFSYX QIS vs. PSMIX QIS vs. ^SP500TR QIS vs. FLSP QIS vs. SPY QIS vs. SGOV
Popular comparisons:
QIS vs. JAAA QIS vs. HFND QIS vs. MTBA QIS vs. AHTPX QIS vs. GFSYX QIS vs. PSMIX QIS vs. ^SP500TR QIS vs. FLSP QIS vs. SPY QIS vs. SGOV

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Simplify Multi-Qis Alternative ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-2.50%
12.33%
QIS (Simplify Multi-Qis Alternative ETF)
Benchmark (^GSPC)

Returns By Period

Simplify Multi-Qis Alternative ETF had a return of 0.47% year-to-date (YTD) and 0.27% in the last 12 months.


QIS

YTD

0.47%

1M

1.19%

6M

-2.85%

1Y

0.27%

5Y (annualized)

N/A

10Y (annualized)

N/A

^GSPC (Benchmark)

YTD

24.72%

1M

1.67%

6M

12.93%

1Y

30.55%

5Y (annualized)

13.88%

10Y (annualized)

11.16%

Monthly Returns

The table below presents the monthly returns of QIS, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.91%0.37%1.41%0.64%-0.37%-0.19%-1.32%-0.50%-0.38%-1.54%0.47%
20230.16%1.44%2.00%-0.72%-0.97%0.08%1.96%

Expense Ratio

QIS has a high expense ratio of 1.00%, indicating higher-than-average management fees.


Expense ratio chart for QIS: current value at 1.00% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.00%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QIS is 6, indicating that it is in the bottom 6% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of QIS is 66
Combined Rank
The Sharpe Ratio Rank of QIS is 66
Sharpe Ratio Rank
The Sortino Ratio Rank of QIS is 66
Sortino Ratio Rank
The Omega Ratio Rank of QIS is 66
Omega Ratio Rank
The Calmar Ratio Rank of QIS is 66
Calmar Ratio Rank
The Martin Ratio Rank of QIS is 66
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Simplify Multi-Qis Alternative ETF (QIS) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for QIS, currently valued at -0.04, compared to the broader market0.002.004.00-0.042.54
The chart of Sortino ratio for QIS, currently valued at 0.03, compared to the broader market-2.000.002.004.006.008.0010.0012.000.033.40
The chart of Omega ratio for QIS, currently valued at 1.00, compared to the broader market0.501.001.502.002.503.001.001.47
The chart of Calmar ratio for QIS, currently valued at -0.06, compared to the broader market0.005.0010.0015.00-0.063.66
The chart of Martin ratio for QIS, currently valued at -0.15, compared to the broader market0.0020.0040.0060.0080.00100.00-0.1516.26
QIS
^GSPC

The current Simplify Multi-Qis Alternative ETF Sharpe ratio is -0.04. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Simplify Multi-Qis Alternative ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio0.001.002.003.00Jul 14Jul 21Jul 28Aug 04Aug 11Aug 18Aug 25SeptemberSep 08Sep 15Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17
-0.04
2.46
QIS (Simplify Multi-Qis Alternative ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Simplify Multi-Qis Alternative ETF provided a 4.32% dividend yield over the last twelve months, with an annual payout of $1.06 per share.


3.29%$0.00$0.20$0.40$0.60$0.802023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$1.06$0.81

Dividend yield

4.32%3.29%

Monthly Dividends

The table displays the monthly dividend distributions for Simplify Multi-Qis Alternative ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$0.00$0.00$0.00$0.00$0.10$0.00$0.00$0.15$0.00$0.00$0.25
2023$0.81$0.81

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-5.14%
-1.40%
QIS (Simplify Multi-Qis Alternative ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Simplify Multi-Qis Alternative ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Simplify Multi-Qis Alternative ETF was 7.51%, occurring on Oct 14, 2024. The portfolio has not yet recovered.

The current Simplify Multi-Qis Alternative ETF drawdown is 5.14%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-7.51%Oct 2, 20249Oct 14, 2024
-4.21%May 29, 202449Aug 7, 202438Oct 1, 202487
-2.56%Oct 6, 20237Oct 16, 202392Feb 28, 202499
-1.33%Apr 4, 20243Apr 8, 202413Apr 25, 202416
-1.17%Aug 29, 20232Aug 30, 20234Sep 6, 20236

Volatility

Volatility Chart

The current Simplify Multi-Qis Alternative ETF volatility is 2.82%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
2.82%
4.07%
QIS (Simplify Multi-Qis Alternative ETF)
Benchmark (^GSPC)