# Simplify Multi-QIS Alternative ETF (QIS) — Overview

QIS · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/qis

## Price

Last close $11.16 on Oct 15, 2026. 52-week range $9.14 – $19.55.

## Fund profile

QIS aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps.

| Metric | Value |
| --- | --- |
| Issuer | Simplify Asset Management Inc. |
| Industry | — |
| Inception | Jul 10, 2023 |
| Assets under management | $52.1M |
| Expense ratio | 1.21% |
| Net asset value | $11.16 (as of Oct 15, 2026) |
| Distributions | Quarterly |
| Leverage | 1x |

## Frequently Asked Questions

### What is Simplify Multi-QIS Alternative ETF (QIS)?

QIS aims to provide positive absolute returns and income using quantitative investment strategies to invest across equities, interest rates, commodities, and currencies through total return swaps.

### What is QIS's expense ratio?

Simplify Multi-QIS Alternative ETF charges an annual expense ratio of 1.21%. The fund is issued by Simplify Asset Management Inc..

### How large is QIS?

Simplify Multi-QIS Alternative ETF manages $52.1M in assets and has traded since Jul 10, 2023.

### How do I buy shares of Simplify Multi-QIS Alternative ETF (QIS)?

QIS trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).