QALT vs. QIS
QALT (SEI DBi Multi-Strategy Alternative ETF) and QIS (Simplify Multi-Qis Alternative ETF) are both Multistrategy funds. Both are actively managed. At 0.11, their price movements are largely independent. QALT charges 0.80%/yr vs 1.00%/yr for QIS.
Performance
QALT vs. QIS - Performance Comparison
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Returns By Period
In the year-to-date period, QALT achieves a 2.22% return, which is significantly higher than QIS's -24.08% return.
QALT
- 1D
- 0.04%
- 1M
- 0.05%
- YTD
- 2.22%
- 6M
- 4.62%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QIS
- 1D
- -6.38%
- 1M
- -17.81%
- YTD
- -24.08%
- 6M
- -40.82%
- 1Y
- -45.81%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QALT vs. QIS - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
QALT SEI DBi Multi-Strategy Alternative ETF | 2.22% | 4.91% |
QIS Simplify Multi-Qis Alternative ETF | -24.08% | -26.07% |
Correlation
The correlation between QALT and QIS is 0.11, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Aug 26, 2025 | 0.11 |
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Return for Risk
QALT vs. QIS — Risk / Return Rank
QALT
QIS
QALT vs. QIS - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for SEI DBi Multi-Strategy Alternative ETF (QALT) 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.
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
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Sharpe Ratios by Period
| QALT | QIS | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -1.32 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | 1.42 | -0.85 | +2.26 |
Drawdowns
QALT vs. QIS - Drawdown Comparison
The maximum QALT drawdown since its inception was -4.85%, smaller than the maximum QIS drawdown of -55.49%. Use the drawdown chart below to compare losses from any high point for QALT and QIS.
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Drawdown Indicators
| QALT | QIS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -4.85% | -55.49% | +50.64% |
Max Drawdown (1Y)Largest decline over 1 year | — | -51.93% | — |
Current DrawdownCurrent decline from peak | -4.03% | -55.49% | +51.46% |
Average DrawdownAverage peak-to-trough decline | -1.17% | -12.12% | +10.95% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 26.80% | — |
Volatility
QALT vs. QIS - Volatility Comparison
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Volatility by Period
| QALT | QIS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 15.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.51% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 8.18% | 34.88% | -26.70% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 8.18% | 27.60% | -19.42% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 8.18% | 27.60% | -19.42% |
QALT vs. QIS - Expense Ratio Comparison
QALT has a 0.80% expense ratio, which is lower than QIS's 1.00% expense ratio.
Dividends
QALT vs. QIS - Dividend Comparison
QALT's dividend yield for the trailing twelve months is around 5.67%, more than QIS's 1.78% yield.
| TTM | 2025 | 2024 | 2023 | |
|---|---|---|---|---|
QALT SEI DBi Multi-Strategy Alternative ETF | 5.67% | 5.15% | 0.00% | 0.00% |
QIS Simplify Multi-Qis Alternative ETF | 1.78% | 3.37% | 1.07% | 3.29% |