Simplify Multi-Qis Alternative ETF (QIS)

Simplify Multi-Qis Alternative ETF (QIS) is an exchange-traded fund in the Multistrategy category. It has $38.72M in assets, an expense ratio of 1.21% and a 1.99% dividend yield. The fund is an actively managed ETF that seeks to achieve its investment objective by investing, primarily through total return swaps, in a diversified portfolio of third-party quantitative investment strategies across equities, interest rates, commodities, and currencies. The swaps provide returns to the fund that are based on model portfolios generated by the quantitative investment strategies.