Infrastructure Capital Nasdaq Option Income ETF
$99.51−0.60 (−0.60%)
- 0.82%
- $61M
- 0M sh
- $101.02
- low $91.40high $106.55
The ETF.net QVOL Grade
D
Score 37 out of 100
- 20 of 24
Score 37 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.F13 out of 100Rank 21 of 24Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.F22 out of 100Rank 21 of 24Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A73 out of 100Rank 3 of 24Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A90 out of 100Rank 1 of 16Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.F23 out of 100Rank 21 of 24
Our read on QVOL
DMost Nasdaq option-income funds bolt a mechanical call overlay onto an index. QVOL is the discretionary version: a manager choosing which Nasdaq names to hold and which calls to write, aiming at a stated 12% to 15% annualized payout target. Young, hands-on, and priced like it.
The Fund seeks high current monthly income and, secondarily, capital appreciation.
Why people hold it
- Actively managed, not rules-based: it can sell calls on individual Nasdaq companies or on indexes, rather than running one fixed monthly overlay on a single index.infrastructurecapital.substack.com
- States a target annualized distribution rate of 12% to 15%, funded by call premiums plus dividends from the stocks it holds. Income first, appreciation second.infracapfunds.com
- Owns real Nasdaq-listed equities and writes options against them, so what you see in the holdings file is the actual exposure.infracapfunds.com
Worth knowing
- At 0.82% a year it costs more than the typical fund in its option-income peer group, and well more than index-overlay rivals like DYLG (0.35%) and DJIA (0.60%).
- Launched in 2026 and thinly traded, so spreads can be wider than in the category's household names and the track record is still short.
- Selling calls trades away part of a Nasdaq rally, and the manager flags that heavy turnover can mean larger capital gains distributions.infracapfunds.com
QVOL Holdings
- Stocks
- 70
- 48%
- GOOGL
Geography
- United States94.79%
- Netherlands2.19%
- Uruguay1.18%
- Ireland0.90%
- Singapore0.76%
- United Kingdom0.18%
QVOL Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
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QVOL$10,196
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 | QVOL |
|---|---|
| Year to date | — |
| 1 month | +2.2% |
| 3 months | +2.0% |
| 1 year | — |
| 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 | QVOL |
|---|---|---|
| 2026 YTD | +6.8% |
QVOL in the news
Category Review
The largest alternatives fund has no one-year record
QVOL Dividends
- $1.09 per share
- Monthly
Distribution data unavailable.
Distribution history
QVOL Risk
- —
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.
- —
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.
- —
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.
- 1.95
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
QVOL Cost
0.82%
QVOL0.82%
- The middle half of Other Index Option Income funds
- Median 0.73%
20 of the 24 Other Index Option Income funds charge less.
Other funds in Other Index Option Income
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- CSFYISoFi Social 50 Income ETFExpense ratio 0.73%1 year return —
- DODTEVegaShares SPX NDX RTY Premium Income ETFExpense ratio 0.76%1 year return —
- DPAYHElevation Series Trust - TrueShares S&P Autocallable High Income ETFExpense ratio 0.74%1 year return —
- FOARKYieldMax Innovation Option Income Strategy ETFExpense ratio 1.00%1 year return +4.4%