Key stats
About WEBs Defined Volatility QQQ ETF
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Inception date
Dec 16, 2024
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
WEBs Investments, Inc.
Distributor
Foreside Fund Services LLC
ISIN
US87166N8829
DVQQ follows an index that tracks the performance of the Invesco QQQ ETF (QQQ) while seeking to maintain a defined annual volatility rate of 22%. On each trading day, the index measures QQQ's 21-day volatility and adjusts its exposure to the underlying ETF accordingly. If the measured short-term volatility is below the defined volatility rate, the index increases exposure to the underlying ETF using total return swaps, thereby increasing volatility. Conversely, if the short-term volatility exceeds the defined volatility rate, the index decreases exposure to the underlying ETF and utilizes cash positions to reduce volatility. The exposure to the underlying ETF varies dynamically between 0-200%. The underlying ETF, QQQ, is an investment trust that seeks to track the NASDAQ-100 Index, which includes 100 of the largest domestic and international non-financial companies listed on the Nasdaq Stock Market based on market capitalization.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
ETF
Cash
Miscellaneous
Bonds, Cash & Other100.00%
ETF46.70%
Cash42.04%
Miscellaneous11.25%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DVQQ assets under management is 2.71 M USD. It's risen 34.83% over the last month.
DVQQ fund flows account for 128.50 K USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, DVQQ doesn't pay dividends to its holders.
DVQQ shares are issued by WEBs Investments, Inc. under the brand WEBs. The ETF was launched on Dec 16, 2024, and its management style is Passive.
DVQQ expense ratio is 0.96% meaning you'd have to pay 0.96% of your investment to help manage the fund.
DVQQ follows the Syntax Defined Volatility Triple Qs Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DVQQ invests in funds.
DVQQ price has risen by 6.58% over the last month, and its yearly performance shows a 7.86% increase. See more dynamics on DVQQ price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.56% over the last month, showed a 15.52% increase in three-month performance and has increased by 16.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.56% over the last month, showed a 15.52% increase in three-month performance and has increased by 16.03% in a year.
DVQQ trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.