QIS's Sharpe Ratio of -1.30 indicates that for each unit of volatility, it generates -1.30 units of excess return above the risk-free rate. The ratio is calculated using historical daily returns over the past 12 months (as of Jun 24, 2026).
Sharpe uses total volatility (standard deviation) which includes both upside and downside price movements, making it useful for comparing risk-adjusted returns across different assets. For how to read this number and when it can mislead, see Sharpe Ratio Explained.
QIS Sharpe Ratio Rank
QIS ranks above 0.2% of all investments in our database based on Sharpe Ratio over the past 12 months, indicating weak returns relative to total risk taken. Securities are ranked from 0 (worst) to 100 (best).
What moves the rank
- Strong returns with low total volatility → Higher rank
- High volatility (both upside and downside) → Lower rank
- Consistent returns → Higher rank than volatile returns of same magnitude
- Sharp drawdowns increase volatility → Lower rank
What you can do with this information
- Weak risk-adjusted returns relative to category peers
- Evaluate whether this holding aligns with your risk-return objectives
- Consider reducing exposure or re-evaluating position size
- Review higher-ranked alternatives in the same category
QIS Sharpe Ratio Market Positioning
The chart shows QIS's Sharpe Ratio relative to all ETFs on our platform, with color zones indicating percentile rankings. Higher ratios indicate better risk-adjusted returns.
- Red zone (bottom 25%): 0.84 or lower
- Yellow zone (middle 50%): 0.84 to 2.16
- Green zone (top 25%): 2.16 or higher
- Top 1%: 7.00+
- Median: 1.57 — half of all investments score higher
How it compares to other similar ETFs
The table compares Simplify Multi-Qis Alternative ETF's Sharpe Ratio with other ETFs in the Multistrategy category across multiple time periods, showing how QIS's risk-adjusted performance compares to similar funds.
Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 24, 2026.
| Symbol | Name | 1Y Sharpe Ratio | 5Y Sharpe Ratio | 10Y Sharpe Ratio | All Time Sharpe Ratio |
|---|---|---|---|---|---|
| FARX | Frontier Asset Absolute Return ETF | 2.33 | |||
| HF | DGA Core Plus Absolute Return ETF | 1.91 | |||
| HFND | Unlimited HFND Multi-Strategy Return Tracker ETF | 1.80 | |||
| RSBY | Return Stacked Bonds & Futures Yield ETF | 1.41 | |||
| TOAK | Twin Oak Short Horizon Absolute Return ETF | 1.26 | |||
| QIS | Simplify Multi-Qis Alternative ETF | -1.30 | |||
| QALT | SEI DBi Multi-Strategy Alternative ETF | — | |||
| HOLD | Harbor Alpha Layering ETF | — | |||
| IALT | iShares Systematic Alternatives Active ETF | — |
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