Defiance Nasdaq 100 Weekly Distribution ETF
$22.80−0.18 (−0.78%)
- Expense ratio
- 1.01%
- Fund size
- $194M
- 1Y return
- +23.0%
- Yield · Last 12 months
- 33.06%
- Holdings
- 5
- Volume · 30D
- 0.1M sh
- NAV per share
- $22.81
- 52W range
The ETF.net QQQY Grade
Score 52 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 17Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 94Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.CScore 42Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.BScore 64Category 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.BScore 56Category rank
Our read on QQQY
CThe original 0DTE income fund. QQQY sells an in-the-money Nasdaq-100 put every trading day, holds Treasuries as collateral, and pays on a weekly schedule against a stated 30% annual distribution target.
The Fund seeks current income and secondary exposure to the performance of the Nasdaq 100 Index.
Why people hold it
- Launched September 2023 as the first ETF built around daily-expiring (0DTE) index options for income.businesswire.com
- The machinery is easy to picture: sell one in-the-money Nasdaq-100 put per trading day, hold Treasuries behind it, keep the premium.defianceetfs.com
- The payout policy is written down, not improvised: a 30% annual distribution rate target, paid weekly.
Worth knowing
- The 1.01% fee sits above most Nasdaq-100 income funds; covered-call peers JEPQ, GPIQ and QYLG charge 0.35%.
- Distributions can include return of capital, which hands back part of your own investment and reduces the share price.defianceetfs.com
- Put-writing takes the index's downside while gains stop at the premium collected. You hold Treasuries and options, not Nasdaq-100 shares.defianceetfs.com
QQQY Holdings
- Stocks
- 5
- 100%
- NDX 12/18/2026 1000.34 C
Sectors
QQQY 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 | QQQY |
|---|---|
| Year to date | +20.8% |
| 1 month | +4.6% |
| 3 months | +2.0% |
| 1 year | +23.0% |
| 3 years | +18.4% |
| 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 | QQQY |
|---|---|---|
| 2026 YTD | +20.8% | |
| 2025 | +15.1% | |
| 2024 | +7.9% | |
| 2023 | +7.1% |
QQQY in the news
ETF.net Research hasn’t filed on QQQY yet — coverage lands here as it’s written.
QQQY Dividends
- 33.06%
- $7.60
- $0.13 per share
- Weekly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 17, 2026 | Sep 18, 2026 | $0.13 |
| Sep 10, 2026 | Sep 11, 2026 | $0.13 |
| Sep 3, 2026 | Sep 4, 2026 | $0.13 |
| Aug 27, 2026 | Aug 28, 2026 | $0.13 |
| Aug 20, 2026 | Aug 21, 2026 | $0.13 |
| Aug 13, 2026 | Aug 14, 2026 | $0.13 |
| Aug 6, 2026 | Aug 7, 2026 | $0.13 |
| Jul 30, 2026 | Jul 31, 2026 | $0.13 |
| Jul 23, 2026 | Jul 24, 2026 | $0.13 |
| Jul 16, 2026 | Jul 17, 2026 | $0.13 |
| Jul 9, 2026 | Jul 10, 2026 | $0.13 |
| Jul 2, 2026 | Jul 6, 2026 | $0.14 |
QQQY Risk
- 15.2%
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.
- 0.81
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.
- −18.9%
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.
- 0.91
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QQQY Cost
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
25 of the 31 Nasdaq-100 Option Income funds charge less.