Key stats
About Defiance Nasdaq 100 Target 30 Income ETF
Home page
Inception date
Sep 14, 2023
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
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
QQQY is actively managed, seeking daily income and monthly distributions through an index put-write strategy. Distributions are taxed at a higher ordinary income rate. The strategy involves daily selling of Nasdaq-100 Index put options that are at-the-money or up to 5% in-the-money, expiring the next or same trading day. 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. Until June 26, 2025, the fund was named Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF. Prior to September 26, 2024, it traded as Defiance Nasdaq 100 Enhanced Options 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
Government
Cash
Bonds, Cash & Other100.00%
Government79.55%
Cash15.20%
Mutual fund5.25%
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
QQQY top holdings are United States Treasury Notes 3.875% 15-JAN-2026 and United States Treasury Notes 3.0% 15-JUL-2025, occupying 23.64% and 19.87% of the portfolio correspondingly.
QQQY last dividends amounted to 0.19 USD. The week before, the issuer paid 0.19 USD in dividends, which shows a 1.54% increase.
Yes, QQQY pays dividends to its holders with the dividend yield of 66.63%. The last dividend (Jul 7, 2025) amounted to 0.19 USD. The dividends are paid weekly.
QQQY shares are issued by Toroso Investments Topco LLC under the brand Defiance. The ETF was launched on Sep 14, 2023, and its management style is Active.
QQQY expense ratio is 1.00% meaning you'd have to pay 1.00% 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 bonds.
QQQY price has risen by 0.35% over the last month, and its yearly performance shows a −40.07% decrease. See more dynamics on QQQY price chart.
NAV returns, another gauge of an ETF dynamics, showed a 15.04% increase in three-month performance and has increased by 2.25% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 15.04% increase in three-month performance and has increased by 2.25% in a year.
QQQY trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.