QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
QQQY seeks to provide monthly income by actively placing bullish bets on the Nasdaq-100 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
$ 183.4 M
ASSETS UNDER MGMT
99 bp
EXPENSES
Fund Basics
| Inception date | Sep 14, 2023 |
| Regulation | Open-Ended Fund |
| Fund Website | link... |
| Distributions | Monthly |
| Currency | USD |
| Holdings Transparency | Full |
| Derivatives-based | Yes |
| Options available | Yes |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| NDX 12/18/2026 1000.34 C | 100.1 % |
| NDX 05/11/2026 29316.85 C | 0.4 % |
| CASH & OTHER | 0.0 % |
| NDX 05/11/2026 29234.99 C | -0.5 % |
Historical Performance
Standardized Performance (as of 04/30/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -2.1% | -5.8% | -29.1% | -- | -- | -- | -- | -30.7% |
| Dividend Yield | 10.1% | 39.6% | 44.7% | -- | -- | -- | -- | 45.4% |
| Total Returns | 8.0% | 33.8% | 15.7% | -- | -- | -- | -- | 14.7% | Ann. Volatility | 17.3% | 13.3% | 15.7% | -- | -- | -- | -- | 14.7% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.95 | 79% |
| MSCI EAFE | 0.59 | 41% |
| MSCI Emg Mkts | 0.52 | 52% |
Liquidity Measures
| Avg. volume (000) | 126 |
| ADV traded (mns) | $3 |
| Turnover | 1.7% |
| Avg. Bid/Ask (% of price) | 0.07% |
Technical Indicators
| 30d moving avg. (EMA) | $22.31 |
| Relative strength (RSI) | 73 |
| MACD/Signal | 0.75/0.63 |
| Bollinger Bands (Upper/Lower) | $24.19/$21.17 |
| Short interest (% of AUM) | 3.1% |
Distributions