NASDAQ 100 Income Target ETF
$18.33−0.12 (−0.65%)
- Expense ratio
- 1.20%
- Fund size
- $52M
- 1Y return
- +21.5%
- Yield · Last 12 months
- 19.66%
- Holdings
- 5
- Volume · 30D
- 0M sh
- NAV per share
- $18.32
- 52W range
The ETF.net QQQT Grade
Score 42 of 100 sits in the C 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 3Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 96Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 40Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.DScore 35Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.DScore 33Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.CScore 52Category rank
Our read on QQQT
CMost 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
- 5
- 100%
- QQQ
Sectors
Geography
QQQT 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 | QQQT |
|---|---|
| Year to date | +20.9% |
| 1 month | +4.4% |
| 3 months | +1.6% |
| 1 year | +21.5% |
| 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 | +20.9% | |
| 2025 | +14.1% | |
| 2024 | +4.5% |
QQQT in the news
ETF.net Research hasn’t filed on QQQT yet — coverage lands here as it’s written.
QQQT Dividends
- 19.66%
- $3.63
- $0.30 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 2, 2026 | $0.30 |
| Aug 3, 2026 | Aug 4, 2026 | $0.29 |
| Jul 1, 2026 | Jul 2, 2026 | $0.31 |
| Jun 1, 2026 | Jun 2, 2026 | $0.32 |
| May 1, 2026 | May 4, 2026 | $0.29 |
| Apr 1, 2026 | Apr 2, 2026 | $0.26 |
| Mar 2, 2026 | Mar 3, 2026 | $0.28 |
| Feb 2, 2026 | Feb 3, 2026 | $0.30 |
| Dec 31, 2025 | Jan 2, 2026 | $0.31 |
| Dec 1, 2025 | Dec 2, 2025 | $0.31 |
| Nov 3, 2025 | Nov 4, 2025 | $0.33 |
| Oct 1, 2025 | Oct 2, 2025 | $0.32 |
QQQT Risk
- 17.2%
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.
- 0.73
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.
- 1.31
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
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
29 of the 31 Nasdaq-100 Option Income funds charge less.