QIS vs VYM
Simplify Multi-QIS Alternative ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 568 holdings.
Side-by-Side Comparison
| Metric | QIS | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.21% | 0.04% | |
| AUM | $37M | $79.0B | |
| Dividend Yield | 2.02% | 2.86% | |
| Holdings | 245 | 568 | |
| YTD Return | -30.05% | +16.78% | |
| 1Y Return | -49.66% | +24.43% | |
| 3Y Return (annualized) | -24.22% | +18.60% | |
| 5Y Return (annualized) | - | +12.30% | |
| Volatility (annualized) | 19.9% | 14.6% | |
| Max Drawdown | -63.5% | -58.8% | |
| Fund Family | Simplify Exchange Traded Funds | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 10, 2023 | Nov 10, 2006 |
QIS vs VYM Performance
Simplify Multi-QIS Alternative ETF (QIS) is a ETF from Simplify Exchange Traded Funds and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year QIS returned -49.66% while VYM returned +24.43%. Year to date, QIS is down 30.05% versus a gain of 16.78% for VYM.
Over three years, QIS compounded at -24.22% per year against +18.60% for VYM. Across the full 3-year window we track, VYM has the edge at +7.11% annualized vs -23.43%. Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QIS has been the more volatile fund, with annualized monthly volatility of 19.9% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 0.30. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
QIS charges 1.21% per year while VYM charges 0.04%. On a $10,000 position that is $121 vs $4 annually, a gap of $117 per year that compounds over a long holding period. On income, QIS currently yields 2.02% against 2.86% for VYM.
Holdings Overlap
QIS and VYM share 0 holdings out of 560 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 VYM?
QIS has an expense ratio of 1.21% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $117 per year of difference.
Which performed better, QIS or VYM?
Over the past year QIS returned -49.66% vs +24.43% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (3 years), QIS annualized -23.43% vs +7.11% for VYM. Past performance does not guarantee future results.
Which is riskier, QIS or VYM?
QIS has been the more volatile fund at 19.9% annualized versus 14.6% for VYM. Worst drawdown: QIS -63.5% vs VYM -58.8%.
Should I hold both QIS and VYM?
QIS and VYM have a monthly-return correlation of 0.30, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between QIS and VYM?
QIS and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 560 unique securities.
Which pays a higher dividend, QIS or VYM?
QIS yields 2.02% while VYM yields 2.86%, so VYM currently pays the higher dividend yield.
Popular ETF Comparisons
Get Full ETF Analytics
Access complete holdings data, overlap analysis, screener tools, and more with FundXLS.