ETF Research

QIS: SIMPLIFY MULTI-QIS ALTERNATIVE ETF

Generated from StockValueFinder data · Updated Oct 12, 2026 10:32 AM
Educational content only. This is not financial advice and is not a recommendation to buy, sell, or hold any ETF.

ETF Report: Simplify Multi-QIS Alternative ETF (QIS)

The Simplify Multi-QIS Alternative ETF (QIS) is an alternative investment fund. Based on the data, it is characterized by a significant share-price decline and a severe erosion-risk flag.

What this ETF is trying to do

QIS is designed as an alternative ETF. Rather than just holding one type of stock, it invests in a mix of other funds and individual companies. Its Top Holdings (as of October 12, 2026) include other Simplify ETFs, such as the Simplify China A Shares Plus Income ETF (20.86%) and the Simplify US EQ Plus MGD Futs Stgy ETF (5.48%), as well as cash and various corporate stocks.

What the numbers show

The share price of QIS has declined significantly over several timeframes:

• Year-to-Date: The price return is -25.05%.

• One Year: The price return is -42.46%.

• Three Years: The price return is -57.04%.

When looking at total return (which includes distributions), the numbers are slightly different but still negative: the one-year total return is -39.24% and the three-year total return is -51.58%.

For a simple example, if an investor had put $10,000 into the ETF roughly one year ago at the estimated price of $19.33, the price-only decline of 42.46% would mean the value of those shares is now much lower.

Income and distribution explanation

QIS has a distribution yield of approximately 5.39%. Over the last 12 months, it has made 2 payouts, and the distribution frequency is described as irregular or less frequent.

It is important for beginners to remember that a distribution yield is not the same as a total return. A fund can pay out cash to investors while the share price is falling. In this case, the total returns are significantly lower than the distribution yield.

Price and NAV erosion explanation

The supplied data is sufficient to evaluate price erosion, but it does not include enough historical NAV-per-share data to confirm or rule out NAV erosion.

However, the data shows a severe erosion-risk flag. This was triggered because the ETF has an erosion score of 10 and a label of "Severe price erosion." This means the fund has experienced a substantial drop in its market price over time.

Pros

• Provides a diversified mix of alternative strategies and holdings.

• Offers a distribution yield for those seeking some cash income.

Cons

• Has experienced severe share-price declines over one and three years.

• Carries a severe erosion-risk flag.

• Has an income rating grade of "F."

Beginner takeaway

QIS is an alternative ETF that has struggled with price stability. While it provides a distribution yield of 5.39%, this income has not offset the large drop in share price. Investors should be aware that a high yield can be misleading if the overall value of the investment is declining.

Top Holdings

Structured portfolio holdings supplied by the ETF data provider. These figures are not generated by the AI article.

226 holdings available
# Holding Ticker Weight
1 SIMPLIFY CHINA A SHARES PLUS INCOME ETF CAS 20.86%
2 CASH n/a 5.85%
3 SIMPLIFY US EQ PLUS MGD FUTS STGY ETF CTAP 5.48%
4 SIMPLIFY ANCORATO TARGET 25 DIST ETF XXV 4.95%
5 TRS UBSMQLTP SOFR &30 111326 n/a 4.41%
6 n/a DELL 2.66%
7 CISCO SYSTEMS INC CSCO 1.71%
8 BROADCOM INC AVGO 1.64%
9 MONOLITHIC POWER SYSTEMS INC MPWR 1.60%
10 CADENCE DESIGN SYSTEMS INC CDNS 1.58%
Show all 226 holdings
1. SIMPLIFY CHINA A SHARES PLUS INCOME ETF CAS 20.86%
2. CASH n/a 5.85%
3. SIMPLIFY US EQ PLUS MGD FUTS STGY ETF CTAP 5.48%
4. SIMPLIFY ANCORATO TARGET 25 DIST ETF XXV 4.95%
5. TRS UBSMQLTP SOFR &30 111326 n/a 4.41%
6. n/a DELL 2.66%
7. CISCO SYSTEMS INC CSCO 1.71%
8. BROADCOM INC AVGO 1.64%
9. MONOLITHIC POWER SYSTEMS INC MPWR 1.60%
10. CADENCE DESIGN SYSTEMS INC CDNS 1.58%
11. LAM RESEARCH CORP LRCX 1.51%
12. UNITEDHEALTH GROUP INC UNH 1.50%
13. INTERNATIONAL BUSINESS MACHINES CORP IBM 1.48%
14. UNITED RENTALS INC URI 1.44%
15. APPLIED MATERIALS INC AMAT 1.42%
16. KLA CORP KLAC 1.41%
17. SOUTHERN COPPER CORP SCCO 1.38%
18. FREEPORT-MCMORAN INC FCX 1.37%
19. APPLE INC AAPL 1.35%
20. CORPAY INC CPAY 1.32%
21. SYNOPSYS INC SNPS 1.32%
22. MONSTER BEVERAGE CORP MNST 1.31%
23. W.W. GRAINGER INC GWW 1.29%
24. AGILENT TECHNOLOGIES INC A 1.28%
25. MICROSOFT CORP MSFT 1.28%
26. MSCI INC MSCI 1.27%
27. AMPHENOL CORP CLASS A APH 1.25%
28. MARRIOTT INTERNATIONAL INC CLASS A MAR 1.25%
29. INVESCO LTD IVZ 1.24%
30. WILLIAMS-SONOMA INC WSM 1.22%
31. EATON CORP PLC ETN 1.21%
32. SLB LTD SLB 1.21%
33. EQUINIX INC EQIX 1.20%
34. DECKERS OUTDOOR CORP DECK 1.18%
35. EMCOR GROUP INC EME 1.18%
36. EMERSON ELECTRIC CO EMR 1.18%
37. INTERNATIONAL FLAVORS & FRAGRANCES INC IFF 1.17%
38. ALTRIA GROUP INC MO 1.16%
39. DIGITAL REALTY TRUST INC DLR 1.16%
40. TARGA RESOURCES CORP TRGP 1.16%
41. TRANSDIGM GROUP INC TDG 1.16%
42. WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP WAB 1.16%
43. PHILIP MORRIS INTERNATIONAL INC PM 1.15%
44. TRANE TECHNOLOGIES PLC BRDR n/a 1.15%
45. ABBVIE INC ABBV 1.14%
46. C.H. ROBINSON WORLDWIDE INC CHRW 1.14%
47. HALLIBURTON CO HAL 1.14%
48. MOODYS CORP MCO 1.14%
49. TKO GROUP HOLDINGS INC TKO 1.14%
50. BLACKROCK INC BLK 1.13%
51. NASDAQ INC NDAQ 1.13%
52. VISA INC CLASS A V 1.13%
53. EQUIFAX INC EFX 1.12%
54. WEYERHAEUSER CO WY 1.12%
55. THE CIGNA GROUP CI 1.11%
56. BAKER HUGHES CO CLASS A BKR 1.10%
57. S&P GLOBAL INC SPGI 1.10%
58. META PLATFORMS INC CLASS A META 1.09%
59. EDISON INTERNATIONAL EIX 1.08%
60. FASTENAL CO FAST 1.08%
61. GARMIN LTD GRMN 1.08%
62. OMNICOM GROUP INC OMC 1.08%
63. AUTODESK INC ADSK 1.07%
64. MERCK & CO INC MRK 1.07%
65. WELLTOWER INC WELL 1.07%
66. AON PLC CLASS A AON 1.05%
67. BOOKING HOLDINGS INC BKNG 1.05%
68. ACCENTURE PLC CLASS A ACN 1.04%
69. CORTEVA INC CTVA 1.04%
70. IDEXX LABORATORIES INC IDXX 1.04%
71. MASTERCARD INC CLASS A MA 1.04%
72. TAPESTRY INC TPR 1.04%
73. WILLIAMS COMPANIES INC WMB 1.04%
74. ARTHUR J. GALLAGHER & CO AJG 1.03%
75. EXPEDIA GROUP INC EXPE 1.03%
76. ONEOK INC OKE 1.03%
77. AMGEN INC AMGN 1.02%
78. CARDINAL HEALTH INC CAH 1.02%
79. JACOBS SOLUTIONS INC J 1.02%
80. JOHNSON & JOHNSON JNJ 1.02%
81. PEPSICO INC PEP 1.02%
82. THE HOME DEPOT INC HD 1.02%
83. ILLINOIS TOOL WORKS INC ITW 1.01%
84. NEXTERA ENERGY INC NEE 1.01%
85. METTLER-TOLEDO INTERNATIONAL INC MTD 1.00%
86. TYLER TECHNOLOGIES INC TYL 1.00%
87. n/a CTSH 0.99%
88. PARKER HANNIFIN CORP PH 0.98%
89. CHIPOTLE MEXICAN GRILL INC CMG 0.97%
90. STRYKER CORP SYK 0.97%
91. NRG ENERGY INC NRG 0.96%
92. L3HARRIS TECHNOLOGIES INC LHX 0.95%
93. LOWE'S COMPANIES INC LOW 0.95%
94. TRIMBLE INC TRMB 0.95%
95. INGERSOLL RAND INC IR 0.93%
96. ROLLINS INC ROL 0.91%
97. ABBOTT LABORATORIES ABT 0.90%
98. CENCORA INC COR 0.88%
99. LEIDOS HOLDINGS INC LDOS 0.86%
100. EPAM SYSTEMS INC EPAM 0.84%
101. HCA HEALTHCARE INC HCA 0.82%
102. INTUIT INC INTU 0.81%
103. BOSTON SCIENTIFIC CORP BSX 0.76%
104. UBIQUITI INC UI 0.76%
105. TEXAS PACIFIC LAND CORP TPL 0.75%
106. ALPHABET INC CLASS A GOOGL 0.67%
107. ALPHABET INC CLASS C GOOG 0.67%
108. XLE US 06/30/26 C65 EQUITY n/a 0.65%
109. SPXW US 07/17/26 C7650 INDEX n/a 0.45%
110. SPXW US 07/17/26 C7700 INDEX n/a 0.30%
111. SPXW US 07/17/26 C7850 INDEX n/a 0.28%
112. SPXW US 08/21/26 C8000 INDEX n/a 0.19%
113. TRS SBAR SOFR &95 061527 BULLET n/a 0.19%
114. SPXW US 07/31/26 C7900 INDEX n/a 0.17%
115. TRS XXV SOFR &80 111326 n/a 0.17%
116. TRS FOXY SOFR &93 031527 n/a 0.14%
117. TRS FOXY SOFR &65 031527 n/a 0.09%
118. TRS FOXY SOFR &80 111326 n/a 0.08%
119. TRS FOXY SOFR &65 111326 n/a 0.06%
120. TRS FOXY SOFR &95 111326 n/a 0.06%
121. GAP INC GAP 0.00%
122. ANGI INC CLASS A ANGI 0.00%
123. GROCERY OUTLET HOLDING CORP GO 0.00%
124. JETBLUE AIRWAYS CORP JBLU 0.00%
125. TELADOC HEALTH INC TDOC 0.00%
126. TRIPADVISOR INC TRIP 0.00%
127. BELLRING BRANDS INC CLASS A BRBR -0.01%
128. n/a GLIBK -0.01%
129. ZOOMINFO TECHNOLOGIES INC GTM -0.01%
130. FIVE9 INC FIVN -0.01%
131. ETSY INC ETSY -0.01%
132. WESTLAKE CORP WLK -0.01%
133. ADVANCE AUTO PARTS INC AAP -0.01%
134. QXO INC QXO -0.01%
135. NEXSTAR MEDIA GROUP INC NXST -0.01%
136. TENET HEALTHCARE CORP THC -0.01%
137. CONAGRA BRANDS INC CAG -0.01%
138. THE SCOTTS MIRACLE GRO CO CLASS A SMG -0.01%
139. DENTSPLY SIRONA INC XRAY -0.01%
140. n/a DXC -0.01%
141. AMENTUM HOLDINGS INC AMTM -0.01%
142. FMC CORP FMC -0.01%
143. FLOWERS FOODS INC FLO -0.01%
144. CELANESE CORP CLASS A CE -0.01%
145. CERTARA INC ORDINARY SHARES CERT -0.01%
146. NEWELL BRANDS INC NWL -0.01%
147. ALBERTSONS COMPANIES INC CLASS A ACI -0.01%
148. SAREPTA THERAPEUTICS INC SRPT -0.01%
149. NORWEGIAN CRUISE LINE HOLDINGS LTD NCLH -0.01%
150. OLIN CORP OLN -0.01%
151. SONOCO PRODUCTS CO SON -0.01%
152. THE MOSAIC CO MOS -0.01%
153. DOLLAR GENERAL CORP DG -0.01%
154. FLUTTER ENTERTAINMENT PLC FLUT -0.01%
155. KBR INC KBR -0.01%
156. POST HOLDINGS INC POST -0.01%
157. SILGAN HOLDINGS INC SLGN -0.01%
158. GXO LOGISTICS INC GXO -0.01%
159. n/a TAP -0.01%
160. COTY INC CLASS A COTY -0.01%
161. DROPBOX INC CLASS A DBX -0.01%
162. VF CORP VFC -0.01%
163. FORTUNE BRANDS INNOVATIONS INC FBIN -0.01%
164. LIBERTY GLOBAL LTD BRDR n/a -0.01%
165. AUTONATION INC AN -0.01%
166. BILL HOLDINGS INC ORDINARY SHARES BILL -0.01%
167. CHURCHILL DOWNS INC CHDN -0.01%
168. COMCAST CORP CLASS A CMCSA -0.01%
169. CNH INDUSTRIAL NV CNH -0.01%
170. KYNDRYL HOLDINGS INC ORDINARY SHARES KD -0.01%
171. THE CAMPBELL'S CO CPB -0.01%
172. ADT INC ADT -0.01%
173. BATH & BODY WORKS INC BBWI -0.01%
174. DARLING INGREDIENTS INC DAR -0.01%
175. CLARIVATE PLC ORDINARY SHARES CLVT -0.01%
176. LYFT INC CLASS A LYFT -0.01%
177. ACADIA HEALTHCARE CO INC ACHC -0.01%
178. CONCENTRIX CORP ORDINARY SHARES CNXC -0.01%
179. PERRIGO CO PLC PRGO -0.01%
180. SOTERA HEALTH CO ORDINARY SHARES SHC -0.01%
181. EASTMAN CHEMICAL CO EMN -0.01%
182. IAC INC ORDINARY SHARES NEW PPLI -0.01%
183. CAESARS ENTERTAINMENT INC CZR -0.01%
184. OWENS-CORNING INC OC -0.01%
185. REGAL REXNORD CORP RRX -0.01%
186. THE KRAFT HEINZ CO KHC -0.01%
187. ALASKA AIR GROUP INC ALK -0.01%
188. ASHLAND INC ASH -0.01%
189. MANPOWERGROUP INC MAN -0.01%
190. AVANTOR INC AVTR -0.01%
191. LITHIA MOTORS INC CLASS A LAD -0.01%
192. MACY'S INC M -0.01%
193. MILLICOM INTERNATIONAL CELLULAR SA TIGO -0.01%
194. TELEFLEX INC TFX -0.01%
195. ULTRAGENYX PHARMACEUTICAL INC RARE -0.01%
196. GRAPHIC PACKAGING HOLDING CO GPK -0.01%
197. RH CLASS A RH -0.01%
198. H&R BLOCK INC HRB -0.01%
199. RYDER SYSTEM INC R -0.01%
200. RINGCENTRAL INC CLASS A RNG -0.01%
201. SIRIUS XM HOLDINGS INC SIRI -0.01%
202. AMERICAN AIRLINES GROUP INC AAL -0.01%
203. HUNTSMAN CORP HUN -0.01%
204. MGM RESORTS INTERNATIONAL MGM -0.01%
205. PRIMO BRANDS CORP ORDINARY SHARES CLASS A PRMB -0.01%
206. MKS INC MKSI -0.01%
207. WESCO INTERNATIONAL INC WCC -0.01%
208. PENN ENTERTAINMENT INC PENN -0.01%
209. WILLSCOT HOLDINGS CORP ORDINARY SHARES CLASS A WSC -0.01%
210. GEN DIGITAL INC GEN -0.01%
211. SENSATA TECHNOLOGIES HOLDING PLC ST -0.01%
212. ALCOA CORP AA -0.01%
213. FORD MOTOR CO F -0.01%
214. PVH CORP PVH -0.01%
215. HP INC HPQ -0.01%
216. BRUKER CORP BRKR -0.01%
217. UNITY SOFTWARE INC ORDINARY SHARES U -0.02%
218. ENPHASE ENERGY INC ENPH -0.02%
219. CLEVELAND-CLIFFS INC CLF -0.02%
220. IRIDIUM COMMUNICATIONS INC IRDM -0.02%
221. ORGANON & CO ORDINARY SHARES OGN -0.02%
222. SUPER MICRO COMPUTER INC SMCI -0.02%
223. TRS CTA SOFR &100 031527 n/a -0.03%
224. TRS CTA SOFR &75 031527 n/a -0.03%
225. TRS CTA SOFR &93 031527 n/a -0.04%
226. TRS UBSMPDLE SOFR -05 111326 n/a -0.08%
Holdings data last updated Oct 12, 2026 5:53 AM . Provider-reported weights may not sum exactly to 100%.
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