Performance analysis of QIS (SIMPLIFY MULTI-QIS ALTERNATIVE ETF)
Annual Return
Over the past 3 years, QIS has had an average annual return of -24.26%, underperforming the benchmark SPY, which returned +19.31% annual.
Since Jul 11, 2023, QIS has had an average annual return of -23.99%, underperforming the benchmark SPY, which returned +20.10% annual.
| 2026 | 2025 | 2024 | 2023 | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| -31.14% | -38.04% | +0.19% | +1.95% |
Monthly Return
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Annually Total |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | +3.13% | -7.68% | -14.21% | +14.20% | -16.63% | -12.29% | +0.95% | -31.14% | |||||
| 2025 | +0.70% | -1.39% | -3.38% | -4.84% | -0.68% | +0.71% | -6.81% | -4.87% | -1.17% | +0.75% | -10.66% | -13.97% | -38.04% |
| 2024 | +0.91% | +0.37% | +1.40% | +0.64% | -0.36% | -0.19% | -1.33% | -0.49% | -0.39% | -1.53% | +2.30% | -1.08% | +0.19% |
| 2023 | +0.16% | +1.44% | +2% | -0.72% | -0.97% | +0.07% | +1.95% |
Drawdown analysis of QIS (SIMPLIFY MULTI-QIS ALTERNATIVE ETF)
The maximum drawdown for the QIS was -61.26%, occurring on Jul 10, 2026. This drawdown has not yet recovered.
The current QIS drawdown is -59.64%.
Since Jul 11, 2023 QIS has experienced the following drawdowns:
- 50% or more: 1 time
- 40% or more: 1 time
- 30% or more: 1 time
- 20% or more: 1 time
- 10% or more: 1 time
| Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -61.26% | Oct 1, 2024 | 443 | Jul 10, 2026 | Ongoing | Ongoing | Ongoing |
| -4.21% | Apr 25, 2024 | 71 | Aug 7, 2024 | 38 | Oct 1, 2024 | 109 |
| -2.56% | Oct 5, 2023 | 7 | Oct 16, 2023 | 92 | Feb 28, 2024 | 99 |
| -1.33% | Apr 3, 2024 | 3 | Apr 8, 2024 | 13 | Apr 25, 2024 | 16 |
| -1.17% | Aug 28, 2023 | 2 | Aug 30, 2023 | 4 | Sep 6, 2023 | 6 |
| -1.01% | Feb 28, 2024 | 6 | Mar 7, 2024 | 2 | Mar 11, 2024 | 8 |
| -0.81% | Mar 11, 2024 | 1 | Mar 12, 2024 | 3 | Mar 15, 2024 | 4 |
| -0.50% | Aug 22, 2023 | 2 | Aug 24, 2023 | 1 | Aug 25, 2023 | 3 |
| -0.44% | Mar 15, 2024 | 5 | Mar 22, 2024 | 2 | Mar 26, 2024 | 7 |
| -0.40% | Oct 3, 2023 | 1 | Oct 4, 2023 | 1 | Oct 5, 2023 | 2 |
| -0.39% | Sep 12, 2023 | 2 | Sep 14, 2023 | 6 | Sep 22, 2023 | 8 |
| -0.38% | Sep 29, 2023 | 1 | Oct 2, 2023 | 1 | Oct 3, 2023 | 2 |
| -0.36% | Aug 8, 2023 | 2 | Aug 10, 2023 | 3 | Aug 15, 2023 | 5 |
| -0.33% | Sep 26, 2023 | 2 | Sep 28, 2023 | 1 | Sep 29, 2023 | 3 |
| -0.16% | Aug 2, 2023 | 1 | Aug 3, 2023 | 1 | Aug 4, 2023 | 2 |
| -0.13% | Jul 28, 2023 | 1 | Jul 31, 2023 | 1 | Aug 1, 2023 | 2 |
| -0.13% | Sep 6, 2023 | 2 | Sep 8, 2023 | 2 | Sep 12, 2023 | 4 |
| -0.12% | Aug 4, 2023 | 1 | Aug 7, 2023 | 1 | Aug 8, 2023 | 2 |
| -0.11% | Jul 14, 2023 | 4 | Jul 20, 2023 | 6 | Jul 28, 2023 | 10 |
| -0.05% | Mar 27, 2024 | 1 | Mar 28, 2024 | 2 | Apr 2, 2024 | 3 |
| -0.04% | Jul 12, 2023 | 1 | Jul 13, 2023 | 1 | Jul 14, 2023 | 2 |
| -0.02% | Aug 15, 2023 | 1 | Aug 16, 2023 | 1 | Aug 17, 2023 | 2 |
| -0.01% | Sep 22, 2023 | 1 | Sep 25, 2023 | 1 | Sep 26, 2023 | 2 |