QIS vs VOO
Simplify Multi-QIS Alternative ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.
Side-by-Side Comparison
| Metric | QIS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.21% | 0.03% | |
| AUM | $37M | $979.0B | |
| Dividend Yield | 2.02% | 1.09% | |
| Holdings | 245 | 509 | |
| YTD Return | -28.83% | +13.72% | |
| 1Y Return | -48.98% | +21.63% | |
| 3Y Return (annualized) | -23.80% | +21.55% | |
| 5Y Return (annualized) | - | +13.26% | |
| Volatility (annualized) | 20.1% | 14.1% | |
| Max Drawdown | -63.5% | -34.3% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 10, 2023 | Sep 7, 2010 |
QIS vs VOO Performance
Simplify Multi-QIS Alternative ETF (QIS) is a ETF from Simplify Exchange Traded Funds and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year QIS returned -48.98% while VOO returned +21.63%. Year to date, QIS is down 28.83% versus a gain of 13.72% for VOO.
Over three years, QIS compounded at -23.80% per year against +21.55% for VOO. Across the full 3-year window we track, VOO has the edge at +13.56% annualized vs -23.01%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QIS has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 14.1% for VOO. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -63.5% for QIS and -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.36. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QIS charges 1.21% per year while VOO charges 0.03%. On a $10,000 position that is $121 vs $3 annually, a gap of $118 per year that compounds over a long holding period. On income, QIS currently yields 2.02% against 1.09% for VOO.
Holdings Overlap
QIS and VOO share 0 holdings out of 507 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, QIS or VOO?
QIS has an expense ratio of 1.21% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $118 per year of difference.
Which performed better, QIS or VOO?
Over the past year QIS returned -48.98% vs +21.63% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (3 years), QIS annualized -23.01% vs +13.56% for VOO. Past performance does not guarantee future results.
Which is riskier, QIS or VOO?
QIS has been the more volatile fund at 20.1% annualized versus 14.1% for VOO. Worst drawdown: QIS -63.5% vs VOO -34.3%.
Should I hold both QIS and VOO?
QIS and VOO have a monthly-return correlation of 0.36, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QIS and VOO?
QIS and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 507 unique securities.
Which pays a higher dividend, QIS or VOO?
QIS yields 2.02% while VOO yields 1.09%, so QIS currently pays the higher dividend yield.
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