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Details
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Inception date
Sep 14, 2023
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
Tidal Investments LLC
Distributor
Foreside Fund Services LLC
ISIN
US88636J1549
CUSIP
88636J154
FIGI
BBG01J9SMKZ9
Identifiers
ISIN US88636J1549
QQQY is actively managed. The fund seeks to provide weekly income targeting a 30% annual distribution by holding long calls on the Nasdaq-100 index and writing daily call options. Distributions are taxed at a higher ordinary income rate. Long call option positions become profitable if the Nasdaq-100 Index moves higher. The fund does not directly or fully participate in index gains and will not adopt defensive positions during adverse markets. QQQY is the first ETF to use daily options, resulting in daily risk and return fluctuations. A significant portion of the portfolio is held in short-term US Treasuries, serving as collateral for short put positions. Prior to September 26, 2024, it traded as Defiance Nasdaq 100 Enhanced Options Income ETF. Until December 17, 2025, the fund was named Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF.
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
Rights & Warrants
Bonds, Cash & Other100.00%
Rights & Warrants98.91%
Cash0.84%
Mutual fund0.26%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
QQQY last dividends amounted to 0.13 USD. The week before, the issuer paid 0.13 USD in dividends, which shows a 5.72% increase.
QQQY assets under management is 188.11 M USD. It's fallen 1.64% over the last month.
QQQY fund flows account for 34.99 M 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.
Yes, QQQY pays dividends to its holders with the dividend yield of 34.72%. The last dividend (Aug 7, 2026) amounted to 0.13 USD. The dividends are paid weekly.
QQQY shares are issued by TFG Parent Holdings LLC under the brand Defiance. The ETF was launched on Sep 14, 2023, and its management style is Active.
QQQY expense ratio is 1.01% meaning you'd have to pay 1.01% of your investment to help manage the fund.
QQQY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QQQY invests in cash.
QQQY price has fallen by −1.83% over the last month, and its yearly performance shows a −10.98% decrease. See more dynamics on QQQY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 1.65% increase in three-month performance and has increased by 23.93% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 1.65% increase in three-month performance and has increased by 23.93% in a year.
QQQY trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.