GFSYX vs. QIS
GFSYX (GuideStone Funds Strategic Alternatives Fund) and QIS (Simplify Multi-Qis Alternative ETF) are both Multistrategy funds. Over the past 3 years, GFSYX returned 6.43%/yr vs -24.55%/yr for QIS. Their 0.04 correlation means their historical movements had little consistent relationship. GFSYX charges 1.15%/yr vs 1.00%/yr for QIS.
Performance
GFSYX vs. QIS - Performance Comparison
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Returns By Period
In the year-to-date period, GFSYX achieves a 2.67% return, which is significantly higher than QIS's -31.94% return.
GFSYX
- 1D
- 0.00%
- 1M
- 1.10%
- 6M
- 3.25%
- YTD
- 2.67%
- 1Y
- 6.33%
- 3Y*
- 6.43%
- 5Y*
- 4.77%
- 10Y*
- —
- ALL TIME*
- 3.54%
QIS
- 1D
- 2.58%
- 1M
- 2.94%
- 6M
- -34.00%
- YTD
- -31.94%
- 1Y
- -48.32%
- 3Y*
- -24.55%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -24.05%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $0.00 | $0.00 | $0.00 | |
| $8.01K | $6.87K | $26.74K |
GFSYX vs. QIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
GFSYX GuideStone Funds Strategic Alternatives Fund | 2.67% | 5.49% | 7.60% | 4.49% |
QIS Simplify Multi-Qis Alternative ETF | -31.94% | -38.02% | 0.19% | 2.08% |
Correlation
The correlation between GFSYX and QIS is 0.04, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (1Y) Focuses on recent behavior, but can change the most. | 0.04 |
Correlation (3Y) Balances recent behavior with more history. | 0.04 |
Correlation (All Time) Calculated using the full available price history since Jul 11, 2023 | 0.04 |
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Return for Risk
GFSYX vs. QIS — Risk / Return Rank
GFSYX
QIS
GFSYX vs. QIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for GuideStone Funds Strategic Alternatives Fund (GFSYX) and Simplify Multi-Qis Alternative ETF (QIS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| GFSYX | QIS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +3.80 | ||
| Sortino ratioReturn per unit of downside risk | +5.85 | ||
| Omega ratioGain probability vs. loss probability | 1.52 | 0.77 | +0.75 |
| Calmar ratioReturn relative to maximum drawdown | 4.84 | -0.93 | +5.77 |
| Martin ratioReturn relative to average drawdown | 12.21 | -1.62 | +13.84 |
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Drawdowns
GFSYX vs. QIS - Drawdown Comparison
The maximum GFSYX drawdown since its inception was -9.54%, smaller than the maximum QIS drawdown of -62.82%. Use the drawdown chart below to compare losses from any high point for GFSYX and QIS.
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Drawdown Indicators
| GFSYX | QIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -9.54% | -62.82% | +53.28% |
Max Drawdown (1Y)Largest decline over 1 year | -1.34% | -54.47% | +53.13% |
Max Drawdown (3Y)Largest decline over 3 years | -4.49% | -62.82% | +58.33% |
Max Drawdown (5Y)Largest decline over 5 years | -4.49% | — | — |
Current DrawdownCurrent decline from peak | 0.00% | -60.09% | +60.09% |
Average DrawdownAverage peak-to-trough decline | -0.90% | -16.05% | +15.15% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 0.53% | 31.13% | -30.60% |
Volatility
GFSYX vs. QIS - Volatility Comparison
The current volatility for GuideStone Funds Strategic Alternatives Fund (GFSYX) is 0.70%, while Simplify Multi-Qis Alternative ETF (QIS) has a volatility of 14.48%. This indicates that GFSYX experiences smaller price fluctuations and is considered to be less risky than QIS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| GFSYX | QIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 0.70% | 14.48% | -13.78% |
Volatility (6M)Calculated over the trailing 6-month period | 1.93% | 32.96% | -31.03% |
Volatility (1Y)Calculated over the trailing 1-year period | 2.55% | 40.15% | -37.60% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 3.67% | 30.10% | -26.43% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 3.70% | 30.10% | -26.40% |
GFSYX vs. QIS - Expense Ratio Comparison
GFSYX has a 1.15% expense ratio, which is higher than QIS's 1.00% expense ratio.
Dividends
GFSYX vs. QIS - Dividend Comparison
GFSYX's dividend yield for the trailing twelve months is around 6.99%, more than QIS's 2.00% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
GFSYX GuideStone Funds Strategic Alternatives Fund | 6.99% | 7.18% | 8.54% | 13.00% | 4.20% | 1.59% | 1.53% | 2.24% | 2.17% | 0.70% |
QIS Simplify Multi-Qis Alternative ETF | 2.00% | 3.37% | 1.07% | 3.29% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
GFSYX and QIS have a correlation of 0.04, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QIS has higher volatility (14.48%) compared to GFSYX (0.70%). In terms of maximum drawdown, GFSYX dropped -9.54% vs QIS's -62.82%.
GFSYX currently has the higher Sharpe Ratio (2.54 vs -1.26), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.
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