NASDAQ 100 Income Target ETF
$18.07+0.01 (+0.08%)
- 1.20%
- $53M
- +23.6%
- 19.99%
- 0M sh
- $18.15
- low $15.24high $19.45
The ETF.net QQQT Grade
D
Score 39 out of 100
- 22 of 31
Score 39 of 100 falls in the D band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.F3 out of 100Rank 30 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A89 out of 100Rank 10 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D38 out of 100Rank 21 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.D31 out of 100Rank 26 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.D32 out of 100Rank 21 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C51 out of 100Rank 16 of 31
Our read on QQQT
DMost Nasdaq-100 income funds pay out whatever premium they happen to collect. QQQT works backward from the number: a stated 20% annual distribution target, funded by call spreads sold daily on the index, paid monthly.
The Fund seeks current income and, secondarily, exposure to the performance of the Nasdaq 100 Index.
Why people hold it
- The payout goal is written down, not implied: a 20% annualized distribution target, distributed monthly.defianceetfs.com
- The engine is daily credit call spreads on the Nasdaq 100. Buying a further-out call against each short call puts a defined ceiling on what any single spread can lose.defianceetfs.com
- Income leads, but the prospectus keeps a secondary objective of Nasdaq 100 exposure, so the fund stays tied to the index it names rather than drifting into a generic options sleeve.
Worth knowing
- At 1.20% a year, it charges several times what the biggest Nasdaq-100 premium income funds (JEPQ, GPIQ) do, and that fee comes out of the income before you see it.
- Defiance discloses that distributions can include return of capital, meaning part of a monthly payment can be your own principal coming back.defianceetfs.com
- Selling call spreads caps how much of a Nasdaq 100 rally the fund keeps while index drawdowns still pass through, so the shape of returns differs from simply owning the index.defianceetfs.com
QQQT Holdings
- Stocks
- 4
- 100%
- QQQ
Sectors
- Technology60.3%
- Communication12.6%
- Consumer Discretionary10.1%
- Consumer Staples5.6%
- Industrials5.1%
- Health Care3.8%
- Utilities1.0%
- Materials0.9%
- Energy0.4%
- Financials0.2%
Geography
- United States100.00%
QQQT Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
QQQT$12,360
Returns run to the Oct 12, 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 | QQQT |
|---|---|
| Year to date | +20.3% |
| 1 month | +4.0% |
| 3 months | +3.1% |
| 1 year | +23.6% |
| 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 | QQQT |
|---|---|---|
| 2026 YTD | +20.3% | |
| 2025 | +14.1% | |
| 2024 | +4.5% |
QQQT in the news
QQQT Dividends
- 19.99%
- $3.61
- $0.30 per share
- Monthly
Distribution history
QQQT Risk
- 16.9%
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.
- 0.78
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.
- −22.5%
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.
- 1.29
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QQQT Cost
1.20%
QQQT1.20%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
28 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- CCANQCalamos Nasdaq Equity & Income ETFExpense ratio 0.74%1 year return +5.2%
- CQDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETFExpense ratio 0.96%1 year return +27.2%
- DQDTYYieldMax Nasdaq 100 0DTE Covered Call Strategy ETFExpense ratio 1.17%1 year return +24.9%
- DQGRDHorizon Nasdaq-100 Defined Risk ETFExpense ratio 0.85%1 year return +16.4%
- DQLDYDefiance Nasdaq 100 LightningSpread Income ETFExpense ratio 1.04%1 year return +22.4%