FFGX vs QIS
Comparison between FIDELITY FUNDAMENTAL GLOBAL EX-U.S. ETF (FFGX, ETF) and SIMPLIFY MULTI-QIS ALTERNATIVE ETF (QIS, ETF).
FFGX vs QIS - Performance Comparison
Key Characteristics
Financial metrics and valuation ratios
Net Assets
FFGX
$45M
QIS
$45M
Expense Ratio
Winner
FFGX
0.55%
QIS
1.21%
Max Drawdown
Winner
FFGX
14.99%
QIS
57.63%
Sharpe Ratio
Winner
FFGX
0.99
QIS
-1.65
5Y Beta
FFGX
0.88
Winner
QIS
0.30
FFGX vs QIS - Holdings Comparison
FFGX and QIS have 1 common holdings. Overlap is -7.87%
FFGX's top 25 holdings weight is 44.87%. QIS's top 25 holdings weight is 71.40%.
| Rank | FFGX | QIS |
|---|---|---|
| #1 | n/a (n/a) - 7.87% | SIMPLIFY CHINA A SHARES PLUS INCOME ETF (CAS) - 20.86% |
| #2 | SAMSUNG ELECTRONICS CO LTD (n/a) - 4.76% | CASH (n/a) - 5.85% |
| #3 | SK HYNIX INC (n/a) - 3.24% | SIMPLIFY US EQ PLUS MGD FUTS STGY ETF (CTAP) - 5.48% |
| #4 | ASML HOLDING NV ADR (ASML) - 2.82% | SIMPLIFY ANCORATO TARGET 25 DIST ETF (XXV) - 4.95% |
| #5 | TENCENT HOLDINGS LTD (n/a) - 1.95% | TRS UBSMQLTP SOFR &30 111326 (n/a) - 4.41% |
| #6 | SCHNEIDER ELECTRIC SE (n/a) - 1.63% | n/a (DELL) - 2.66% |
| #7 | SAFRAN SA (n/a) - 1.56% | CISCO SYSTEMS INC (CSCO) - 1.71% |
| #8 | CAIXABANK SA (n/a) - 1.56% | BROADCOM INC (AVGO) - 1.64% |
| #9 | BANCO SANTANDER SA (n/a) - 1.44% | MONOLITHIC POWER SYSTEMS INC (MPWR) - 1.60% |
| #10 | HITACHI LTD (n/a) - 1.43% | CADENCE DESIGN SYSTEMS INC (CDNS) - 1.58% |
| #11 | ROLLS-ROYCE HOLDINGS PLC (n/a) - 1.42% | LAM RESEARCH CORP (LRCX) - 1.51% |
| #12 | INVESTOR AB CLASS B (n/a) - 1.27% | UNITEDHEALTH GROUP INC (UNH) - 1.50% |
| #13 | FRANCO-NEVADA CORP (FNV) - 1.24% | INTERNATIONAL BUSINESS MACHINES CORP (IBM) - 1.48% |
| #14 | UNICREDIT SPA (n/a) - 1.21% | UNITED RENTALS INC (URI) - 1.44% |
| #15 | AIR LIQUIDE SA (n/a) - 1.19% | APPLIED MATERIALS INC (AMAT) - 1.42% |
| #16 | CANADIAN NATURAL RESOURCES LTD (CNQ) - 1.15% | KLA CORP (KLAC) - 1.41% |
| #17 | MEDIATEK INC (n/a) - 1.11% | SOUTHERN COPPER CORP (SCCO) - 1.38% |
| #18 | BAE SYSTEMS PLC (n/a) - 1.10% | FREEPORT-MCMORAN INC (FCX) - 1.37% |
| #19 | SUMITOMO MITSUI FINANCIAL GROUP INC (n/a) - 1.08% | APPLE INC (AAPL) - 1.35% |
| #20 | IMPERIAL OIL LTD (IMO) - 1.04% | SYNOPSYS INC (SNPS) - 1.32% |
| #21 | DEUTSCHE BOERSE AG (n/a) - 1.02% | CORPAY INC (CPAY) - 1.32% |
| #22 | COMPASS GROUP PLC (n/a) - 0.96% | MONSTER BEVERAGE CORP (MNST) - 1.31% |
| #23 | UBS GROUP AG REGISTERED SHARES (n/a) - 0.95% | W.W. GRAINGER INC (GWW) - 1.29% |
| #24 | ZURICH INSURANCE GROUP AG (n/a) - 0.94% | MICROSOFT CORP (MSFT) - 1.28% |
| #25 | DSV AS (n/a) - 0.93% | AGILENT TECHNOLOGIES INC (A) - 1.28% |
| Total Holdings | 179 | 226 |
FFGX vs QIS - Historical Returns
Returns include dividend reinvestment.
1M
Winner
FFGX
+2.15%
QIS
-21.07%
3M
Winner
FFGX
+11.77%
QIS
-18.65%
6M
Winner
FFGX
+15.12%
QIS
-27.26%
1Y
Winner
FFGX
+22.42%
QIS
-49.42%
Max(CAGR)
Winner
FFGX
+24.61%
QIS
-22.82%
FFGX vs QIS - Annual Returns (2023 - 2026)
Returns include dividend reinvestment.
| Year | FFGX | QIS |
|---|---|---|
| 2026 | +11.82% | -25.07% |
| 2025 | +28.00% | -37.75% |
| 2024 | -2.87% | +0.11% |
| 2023 | N/A | +1.95% |
FFGX vs QIS Drawdown Comparison
The maximum drawdown for FFGX was -14.79%, occurring on Apr 8, 2025. Recovery took 31 trading sessions.
The maximum drawdown for QIS was -56.54%, occurring on Jun 12, 2026. This drawdown has not yet recovered.
The current FFGX drawdown is -1.52%. The current QIS drawdown is -56.54%.
| Rank | FFGX | QIS |
|---|---|---|
| #1 | -14.79% Mar 19, 2025 - May 2, 2025 | -56.54% Oct 1, 2024 - Jun 12, 2026 |
| #2 | -12.86% Feb 25, 2026 - Apr 17, 2026 | -4.21% May 28, 2024 - Oct 1, 2024 |
| #3 | -6.58% Dec 5, 2024 - Feb 6, 2025 | -2.56% Oct 5, 2023 - Feb 28, 2024 |
| #4 | -6.30% Oct 28, 2025 - Jan 2, 2026 | -1.33% Apr 3, 2024 - Apr 25, 2024 |
| #5 | -5.82% Jun 2, 2026 - Jun 10, 2026 | -1.17% Aug 28, 2023 - Sep 6, 2023 |
| #6 | -4.47% May 6, 2026 - May 26, 2026 | -1.03% Apr 25, 2024 - May 28, 2024 |
| #7 | -4.14% Jul 23, 2025 - Aug 22, 2025 | -1.01% Feb 28, 2024 - Mar 11, 2024 |
| #8 | -3.74% Mar 5, 2025 - Mar 17, 2025 | -0.81% Mar 11, 2024 - Mar 15, 2024 |
| #9 | -3.68% Oct 6, 2025 - Oct 24, 2025 | -0.50% Aug 22, 2023 - Aug 25, 2023 |
| #10 | -3.59% Apr 17, 2026 - May 6, 2026 | -0.44% Mar 15, 2024 - Mar 26, 2024 |
| #11 | -3.40% Jan 27, 2026 - Feb 9, 2026 | -0.40% Oct 3, 2023 - Oct 5, 2023 |
| #12 | -2.91% Feb 18, 2025 - Mar 5, 2025 | -0.39% Sep 12, 2023 - Sep 22, 2023 |
| #13 | -2.73% Aug 22, 2025 - Sep 11, 2025 | -0.38% Sep 29, 2023 - Oct 3, 2023 |
| #14 | -2.52% Jun 12, 2025 - Jun 26, 2025 | -0.36% Aug 8, 2023 - Aug 15, 2023 |
| #15 | -1.60% Jan 12, 2026 - Jan 23, 2026 | -0.33% Sep 26, 2023 - Sep 29, 2023 |
Correlation
Correlation between FFGX and QIS is -0.94 which considered as a very strong negative correlation - the stocks move almost identically in opposite directions.
-0.94
-101
Dividend Comparison (2023 - 2026)
FFGX vs QIS dividend yield comparison.
| Year | FFGX | QIS |
|---|---|---|
| 2026 | 0.17% | 0.00% |
| 2025 | 1.62% | 3.37% |
| 2024 | 0.40% | 1.07% |
| 2023 | 0.00% | 3.28% |
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