Data as of Sep 19, 2026.
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 Vanguard Total Bond Market ETF | QIS Simplify Multi-QIS Alternative ETF | |
|---|---|---|
| Where it sits | Core fund | Alternatives ETF |
| Issuer | Vanguard | Simplify |
| What it is | Tracks an index of US aggregate bonds | Multi-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 ratio | 0.03% | 1.21% |
| Holdings | 16296 | not 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.
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