Key stats
About Strategic Trust DailyDelta Q100 Downside Option Strategy ETF
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Inception date
Mar 10, 2025
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
Kelly Strategic Management LLC
Distributor
Foreside Fund Services LLC
QDWN aims for capital appreciation while limiting single-day risk. The fund seeks inverse exposure to the Nasdaq-100 Index's daily downside by investing in cash-settled, exchange-traded put options that typically have a short time to expiration (i.e., one week or less). Under normal market conditions, the fund purchases closest to at-the-money options contracts with daily expiration. On days when the Nasdaq-100 Index is flat or positive, the fund limits downside risk to 10% or less of its net asset value (NAV), setting a daily option loss limit equal to the amount spent on option premiums. The remaining 90% is held in short-term US Treasury securities, with an average portfolio effective duration of approximately six months. The fund is actively managed and does not invest directly in the Nasdaq-100 Index nor in companies that it comprises. Thus, the funds performance will differ from that of the index.
Related funds
Classification
What's in the fund
Exposure type
Cash
Mutual fund
Bonds, Cash & Other100.00%
Cash87.02%
Mutual fund11.22%
Rights & Warrants1.77%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QDWN trades at 13.91 USD today, its price has fallen −3.96% in the past 24 hours. Track more dynamics on QDWN price chart.
QDWN net asset value is 13.97 today — it's fallen 20.28% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QDWN assets under management is 145.31 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QDWN fund flows account for −3.14 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QDWN invests in cash. See more details in our Analysis section.
QDWN expense ratio is 1.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
QDWN is an inverse fund, meaning it's structured to generate returns opposite to the trends of the underlying index or assets.
Yes, QDWN pays dividends to its holders with the dividend yield of 3.36%.
QDWN trades at a premium (0.40%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QDWN shares are issued by Kelly Intelligence LLC
QDWN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 10, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.