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Data as of Sep 19, 2026.

ETFIQetfiq.com · independent ETF data

BND vs QIS: how they differ

Over the year BND returned more, −0.4% to QIS's −37.0%, and BND charges 0.03% to QIS's 1.21%.

Vanguard Total Bond Market ETF and Simplify Multi-QIS Alternative ETF.

BND and QIS on the fields both publish, as of Sep 19, 2026. Source: ETFIQ.
BND
Vanguard Total Bond Market ETF
QIS
Simplify Multi-QIS Alternative ETF
Where it sitsCore fundAlternatives ETF
IssuerVanguardSimplify
What it isTracks an index of US aggregate bondsMulti-strategy
Total return, 1 year−0.4%−37.0%
S&P 500 over the same days+16.6%+16.6%
Gap to the S&P 500−17.0 pts−53.5 pts
Expense ratio0.03%1.21%
Holdings16296not filed
Net assets$163.3bn$46m

BND in plain words

BND tracks an index of US aggregate bonds. Over the year to Sep 18, 2026 it returned −0.4% with distributions reinvested, against +16.6% for the S&P 500 and +21.8% for the Nasdaq-100. The prospectus expense ratio is 0.03% a year. It sat 3.9% below its high of Aug 6, 2020 on Sep 18, 2026.

QIS in plain words

QIS is a multi-strategy fund. ETFIQ measures what every alternatives fund is sold on: whether it moves differently from the stock market. Over the year to Sep 18, 2026, its weekly returns had a correlation of −0.15 with the S&P 500’s and a beta of −0.49, so for each 1% the index moved it moved about 0.49% the other way. The S&P 500 fell in 22 of those 52 weeks, by 1.24% on average. In the same weeks QIS fell 0.74% on average, a down-week capture of 59.6%. Over the same 52 weeks QIS returned −37.8% and a Treasury bill fund +3.6%, so it finished 41.5 percentage points behind cash.

Questions people ask

Which returned more over the last year, BND or QIS?
In the year to Sep 19, 2026, with distributions reinvested, BND returned −0.4% and QIS returned −37.0%, so BND returned more.
Which is cheaper, BND or QIS?
BND charges 0.03% a year and QIS charges 1.21%, so BND is cheaper. Fees come from each fund's prospectus.
Are BND and QIS the same kind of fund?
No. BND is an index ETF and QIS is an alternatives ETF, so they are built for different jobs. The table compares what both publish: return, cost and what each actually holds.

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Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

BND against QIS, ETFIQ, data as of Sep 19, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, BND against QIS, data as of Sep 19, 2026. https://etfiq.com/compare/any/bnd-vs-qis Free to use with attribution; the underlying files are at Open data.

A comparison is not a recommendation. Standards and sources