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QIS

Simplify Multi-QIS Alternative ETF

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as of 09/27/2024

NAV

$ 24.62

NAV Change

- $ 0.02 /0.08%

Price

$ 24.63

Price Change

- $ 0.02 /0.08%
The Simplify Multi-QIS Alternative ETF (QIS) seeks to provide positive absolute returns and income.

The fund will invest in a diversified portfolio of third-party quantitative investment strategies across equities, interest rates, commodities, currencies, and credit. Each systematic strategy is designed to capture proven market return premia.

By using a multi-strategy approach, Simplify seeks to identify the optimal allocation among 10-20 strategies to achieve positive returns and mitigate asset-class and single-strategy risks.
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Documents

QIS Fund Deep Dive

Fund Overview

As of 09/27/2024

Ticker Symbol
QIS
Gross Expense Ratio
1.00%
CUSIP
82889N533
Total Assets
$111,390,231.97
Shares Outstanding
4,525,001
Distribution Rate as of 06/30/2024 Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
Distribution Rate Close
Distribution rate calculation employs the most recent distribution, and multiplies the payment by 12 (monthly) or 4 (quarterly) to get an annualized total. The annualized total is then divided by the most recent net asset value (NAV) to determine the distribution rate.
1.58%
Distribution Frequency
Quarterly
30-Day SEC Yield (Subsidized) as of 08/31/2024 SEC 30-day Yield is available once fund has a full quarter of performance.
SEC 30-Day Yield Close
SEC 30-day Yield is available once fund has a full quarter of performance.
-
30-Day SEC Yield (Unsubsidized) as of 08/31/2024
3.01%
Options Available
No
Inception Date
07/10/2023
Premium/Discount (%) as of 09/27/2024
0.05%
NAV Per Share as of 09/27/2024
$24.62
Market Price as of 09/27/2024
$24.63
30-Day Median Bid-Ask Spread
1.30%
Bid/Ask
$24.54/$24.79
Midpoint Price
$24.67
Volume
825
NAV Symbol
QIS.NV
IOPV Symbol
QIS.IV
Shares Out. Symbol
QIS.SO
Schedule K-1
No

Management Fees

This table describes the fees and expenses that you may pay if you buy, sell, and hold shares of the Fund. Investors purchasing or selling shares of the Fund in the secondary market may be subject to costs (including customary brokerage commissions) charged by their broker. The fee table located in the prospectus and updates in prospectus supplements prevail.

Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 1.00%
Distribution and Service (12b-1) Fees 0.00%
Other Expenses1 0.00%
Total Annual Fund Operating Expenses  1.00%
1. Other Expenses are estimated for the Fund’s initial fiscal year.

Fund Performance

As of 07/31/2024 06/30/2024

Monthly Quarterly
Cumulative 1 Month 3 Month 6 Month YTD 1 Year Since Inception
NAV -1.04% -1.50% 1.23% 1.29% 3.42% 3.69%
Market Price -1.34% -1.88% 0.52% 1.41% 3.22% 3.39%
Annualized 1 Year 3 Year Since Inception
NAV 3.42% — 3.48%
Market Price 3.22% — 3.21%
Cumulative 1 Year Since Inception
NAV — 4.78%
Market Price — 4.80%
Annualized 1 Year 3 Year 5 Year Since Inception
NAV — — — —
Market Price — — — —
The performance data quoted represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment returns and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Performance data for the most recent month-end is available above.

NAV: The dollar value of a single share, based on the value of the underlying assets of the fund minus its liabilities, divided by the number of shares outstanding. Calculated at the end of each business day.

Market Price: The current price at which shares are bought and sold. Market returns are based upon the last trade price.

Historical Premium/Discount

Calendar Year 2023 3rd Quarter of 2024
Days Traded at Premium
103
30
Days Traded at Discount
18
34
The above frequency distribution chart presents information about the difference between the daily market price for shares of the Fund and the Fund's reported Net Asset Value. The amount that the Fund's market price is above the reported NAV is called the premium. The amount that the Fund's market price is below the reported NAV is called the discount. The market price is determined using the midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00 p.m. EST). The horizontal axis of the chart shows the premium or discount expressed in basis points. The vertical axis indicates the number of trading days in the period covered by the chart. Each bar in the chart shows the number of trading days in which the Fund traded within the premium/discount range indicated.

Portfolio Holdings

As of 09/27/2024

Holdings - All ETFs
Ticker Name Quantity Weight
SPX OTC 12/20/24 P5404.12 S&P 500 Index Dec 2024 5404 Put 1,941 0.15%
SPX OTC 12/20/24 P5404.12 S&P 500 Index Dec 2024 5404 Put 3,117 0.13%
SPX US 12/20/24 P5000 S&P 500 Index Dec 2024 5000 Put -42 -0.12%
SPX US 12/20/24 P5400 S&P 500 Index Dec 2024 5400 Put 42 0.26%
SPXW US 09/30/24 P4900 SPXW Oct 2024 4900 Put -192 0.00%
SPXW US 09/30/24 P5050 SPXW Oct 2024 5050 Put 192 0.00%
SPXW US 09/30/24 P5200 SPXW Oct 2024 5200 Put -123 0.00%
SPXW US 09/30/24 P5400 SPXW Oct 2024 5400 Put 123 0.00%
SPXW US 10/07/24 P5300 SPXW Oct 2024 5300 Put -156 -0.02%
SPXW US 10/07/24 P5500 SPXW Oct 2024 5500 Put 156 0.07%
- TREASURY BILL DN 10/24 37,700,000 34.96%
- TREASURY BILL DN 10/24 6,000,000 5.56%
- TREASURY BILL DN 1/25 47,100,000 43.27%
- TREASURY BILL DN 1/25 21,100,000 19.39%
- MQISBTRS 163,566 25.65%
- BNPIDTRS 17,559 13.67%
- GSISSTRS 57,697 9.90%
- GSVLFTRS 64,133 8.42%
- VMAQDSTRS 65,447 7.84%
- VMACFTRS 23,935 7.84%
- VMACBTRS 10,785 7.79%
- GSVICVTRS 55,932 7.22%
- BAEISETRS 37,669 6.98%
- GSVIKTRS 52,533 6.64%
- MSVCDNTRS 35,741 6.26%
- MQIS6TRS 41,460 6.16%
- NMUSSLTRS 55,834 5.52%
- BNPDITRS 22,302 5.30%
- GSIVVTRS 30,906 5.26%
- NMUSSSTRS 5,620,018 5.23%
- MSVCDRTRS 31,775 5.19%
- MQIS22TRS 11,113 4.68%
- AIJPLTRS 25,352 3.74%
- GSVIDTRS 37,282 3.17%
- VMAVTTRS 11,711 3.01%
- BNPXVTRS 28,493 2.99%
- GSVIKGTRS 26,480 2.64%
- JPOSFTRS 12,876 2.10%
- JPUS2TRS 16,648 2.09%
- NMXCMDTRS 170 —
- JPUS2TRS -2,247,147 -2.09%
- JPOSFTRS -2,253,513 -2.10%
- GSVIKGTRS -2,829,917 -2.63%
- BNPXVTRS -3,219,065 -3.00%
- VMAVTTRS -3,233,408 -3.01%
- GSVIDTRS -3,427,334 -3.19%
- NMXCMDTRS -3,995,564 -3.72%
- AIJPLTRS -4,000,038 -3.72%
- MQIS22TRS -4,999,892 -4.65%
- MSVCDRTRS -5,526,625 -5.14%
- NMUSSLTRS -5,620,027 -5.23%
- GSIVVTRS -5,631,073 -5.24%
- BNPDITRS -5,699,782 -5.31%
- NMUSSSTRS -55,362 -5.51%
- MQIS6TRS -6,650,764 -6.19%
- MSVCDNTRS -6,700,722 -6.24%
- GSVIKTRS -7,139,234 -6.65%
- BAEISETRS -7,493,494 -6.98%
- GSVICVTRS -7,751,056 -7.22%
- VMAQDSTRS -8,393,728 -7.81%
- VMACBTRS -8,435,173 -7.85%
- VMACFTRS -8,470,910 -7.89%
- GSVLFTRS -9,184,486 -8.55%
- GSISSTRS -10,651,443 -9.92%
- BNPIDTRS -14,655,921 -13.64%
- MQISBTRS -27,710,043 -25.80%
- Estimated Cash 321,293 0.30%

Holdings are subject to change without notice.

Recent Distributions

Ex-Dividend Date Record Date Payable Date Total Distribution
N/A
$0.10000
$0.00000
$0.81173
View Distribution History

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