Defiance Nasdaq 100 Weekly Distribution ETF
$22.41−0.05 (−0.22%)
- 1.01%
- $194M
- +24.9%
- 33.02%
- 0.1M sh
- $22.56
- low $19.91high $25.52
The ETF.net QQQY Grade
C
Score 50 out of 100
- 18 of 31
Score 50 of 100 falls in the C 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.F17 out of 100Rank 26 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A92 out of 100Rank 9 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C44 out of 100Rank 16 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.B56 out of 100Rank 13 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B55 out of 100Rank 12 of 31
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
- 4
- 100%
- Ndx 12/18/2026 1000.34 C
Sectors
- Technology60.8%
- Communication13.0%
- Consumer Discretionary10.7%
- Consumer Staples6.2%
- Health Care3.6%
- Industrials2.9%
- Utilities1.1%
- Materials1.0%
- Energy0.5%
- Financials0.2%
QQQY 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.
QQQY$12,488
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 | QQQY |
|---|---|
| Year to date | +20.2% |
| 1 month | +3.9% |
| 3 months | +3.5% |
| 1 year | +24.9% |
| 3 years | +17.0% |
| 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 | +20.2% | |
| 2025 | +15.1% | |
| 2024 | +7.9% | |
| 2023 | +7.1% |
QQQY in the news
QQQY Dividends
- 33.02%
- $7.42
- $0.13 per share
- Weekly
Distribution history
QQQY Risk
- 15.0%
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.
- 0.86
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.
- 0.99
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
1.01%
QQQY1.01%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
24 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- CCAIQCalamos Nasdaq Autocallable Income ETFExpense ratio 0.74%1 year return —
- CEDGQGlobal X Nasdaq-100 Income Edge ETFExpense ratio 0.53%1 year return —
- CXQQINEOS Boosted Nasdaq-100 High Income ETFExpense ratio 0.98%1 year return —
- 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%