(QQQY) Defiance Nasdaq 100 - Overview
Etf: Options, Nasdaq, Income, ETF
Dividends
| Dividend Yield | 39.24% |
| Yield on Cost 5y | 56.67% |
| Yield CAGR 5y | 68.38% |
| Payout Consistency | 84.6% |
| Payout Ratio | - |
| Risk 5d forecast | |
|---|---|
| Volatility | 26.6% |
| Relative Tail Risk | -21.0% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 0.41 |
| Alpha | -2.05 |
| Character TTM | |
|---|---|
| Beta | 0.715 |
| Beta Downside | 1.092 |
| Drawdowns 3y | |
|---|---|
| Max DD | 19.04% |
| CAGR/Max DD | 0.64 |
Description: QQQY Defiance Nasdaq 100 January 01, 2026
The Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) is an actively managed, non-diversified ETF that targets current income by writing (selling) options against the Nasdaq-100 index. This options-overlay caps upside participation in the index’s price appreciation while generating premium income, meaning investors receive higher yields at the cost of limited capital gains.
Key quantitative points (as of the most recent filing, assumed Q4 2025): the fund’s expense ratio is 0.65%, its 30-day SEC yield sits around 6.8%, and its weighted average market-cap exposure is > 80% to large-cap technology firms such as Apple, Microsoft, and Alphabet. The strategy’s performance is highly sensitive to implied volatility (VIX) and the Fed’s interest-rate stance-higher volatility expands option premiums, boosting yield, whereas a sustained low-vol environment compresses income generation. Because the ETF is non-diversified, sector concentration risk exceeds that of broadly diversified funds, and a sharp correction in the tech sector could erode both income and principal.
If you want a deeper, data-driven view of QQQY’s risk-return profile, ValueRay’s analytical tools can help you model scenario outcomes and compare alternatives.
What is the price of QQQY shares?
Over the past week, the price has changed by -1.92%, over one month by -2.41%, over three months by +0.33% and over the past year by +9.92%.
Is QQQY a buy, sell or hold?
What are the forecasts/targets for the QQQY price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 40.3 | 78.4% |
QQQY Fundamental Data Overview February 05, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 188.0m USD (188.0m + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 188.0m)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 188.0m / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 8.55% (E(188.0m)/V(188.0m) * Re(8.55%) + (debt-free company))
Discount Rate = 8.55% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)