YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF
$39.05−0.73 (−1.84%)
- Expense ratio
- 1.17%
- Fund size
- $28M
- 1Y return
- +21.9%
- Yield · Last 12 months
- 35.14%
- Holdings
- 4
- Volume · 30D
- 0M sh
- NAV per share
- $40.01
- 52W range
The ETF.net QDTY Grade
Score 38 of 100 sits in the D band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.FScore 7Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 84Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 43Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 27Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.Not scoredDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.DScore 30Category rank
Our read on QDTY
DYieldMax's Nasdaq 100 income play: synthetic exposure to the index with call options sold against it that expire the same day. Premium harvested on a daily cycle rather than the usual monthly options rhythm.
QDTY is actively managed and seeks current income plus exposure to the Nasdaq 100 Index's price return through a synthetic covered-call strategy.
Why people hold it
- The mechanism is right in the name: zero-days-to-expiry calls written against synthetic Nasdaq 100 exposure, so premium is collected on a daily options cycle.
- Actively managed with a tight brief: current income plus the Nasdaq 100's price return. Independent review finds it sticking closely to that stated mandate.
- Income arrives on a weekly schedule under the fund's stated policy, a faster drumbeat than the monthly cadence common across index covered-call funds.
Worth knowing
- Costs 1.17% a year, against a 0.68% median for Nasdaq 100 income funds. Scaled rivals like JEPQ and GPIQ run 0.35%.
- Selling calls trades away upside for premium, and the synthetic structure means you hold an options position on the index, not the 100 companies themselves.
- Launched in 2025 and still small and thinly traded, so the track record is short and spreads can be wider than at the category's giants.
QDTY Holdings
- Stocks
- 4
- 100%
- NDX 12/18/2026 1001.26 C
Sectors
- Technology60.8%
- Communication13.0%
- Consumer Discr.10.7%
- Cons. Staples6.2%
- Health Care3.6%
- Industrials2.9%
- Utilities1.1%
- Materials1.0%
- Energy0.5%
- Financials0.2%
Geography
- United States100.00%
QDTY Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QDTY |
|---|---|
| Year to date | +16.8% |
| 1 month | +4.3% |
| 3 months | +1.3% |
| 1 year | +21.9% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QDTY |
|---|---|---|
| 2026 YTD | +16.8% | |
| 2025 | +11.5% |
QDTY in the news
ETF.net Research hasn’t filed on QDTY yet — coverage lands here as it’s written.
QDTY Dividends
- 35.14%
- $13.98
- $0.19 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 23, 2026 | Pays Sep 24, 2026 | $0.22 |
| Sep 16, 2026 | Sep 17, 2026 | $0.19 |
| Sep 9, 2026 | Sep 10, 2026 | $0.22 |
| Sep 2, 2026 | Sep 3, 2026 | $0.20 |
| Aug 26, 2026 | Aug 27, 2026 | $0.21 |
| Aug 19, 2026 | Aug 20, 2026 | $0.22 |
| Aug 12, 2026 | Aug 13, 2026 | $0.30 |
| Aug 5, 2026 | Aug 6, 2026 | $0.30 |
| Jul 29, 2026 | Jul 30, 2026 | $0.29 |
| Jul 22, 2026 | Jul 23, 2026 | $0.30 |
| Jul 15, 2026 | Jul 16, 2026 | $0.30 |
| Jul 8, 2026 | Jul 9, 2026 | $0.30 |
QDTY Risk
- 19.8%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.76
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −23.3%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.34
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QDTY Cost
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
28 of the 31 Nasdaq-100 Option Income funds charge less.