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Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) Sharpe Ratio

ETF · Currency in USD · Last updated Jun 25, 2026

QLDY is an actively managed ETF that seeks current income and capital appreciation by providing synthetic equity exposure to the Nasdaq-100 through deep in-the-money call options combined with daily option premium generation via systematic sale of zero-days-to-expiration put spreads, aiming to deliver frequent income and measured equity participation.

Sharpe ratio is not yet available for QLDY. This metric requires at least 12 months of historical daily returns to calculate. Check back once this data is available.

How it compares to other similar ETFs

The table compares Defiance Nasdaq 100 LightningSpread Income ETF's Sharpe Ratio with other ETFs in the Nasdaq-100, Derivative Income category across multiple time periods, showing how QLDY's risk-adjusted performance compares to similar funds.

Data shows 1-, 5-, and 10-year periods, plus each fund's all-time average, as of Jun 25, 2026.

SymbolName1Y Sharpe Ratio5Y Sharpe Ratio10Y Sharpe RatioAll Time Sharpe Ratio
CHPYYieldMax Semiconductor Portfolio Option Income ETF3.94
PQAPPGIM Nasdaq-100 Buffer 12 ETF - April3.71
NAPRInnovator Nasdaq-100 Power Buffer ETF - April3.65
GOOYYieldMax GOOGL Option Income Strategy ETF3.44
AMDYYieldMax AMD Option Income Strategy ETF3.42
QMARFT Cboe Vest Nasdaq-100 Buffer ETF - March3.06
GOOPKurv Yield Premium Strategy Google ETF3.05
THTASoFi Enhanced Yield ETF2.85
QQQAProShares Nasdaq-100 Dorsey Wright Momentum ETF2.74
TSMYYieldMax TSM Option Income Strategy ETF2.57
QLDYDefiance Nasdaq 100 LightningSpread Income ETF—

S&P 500 Index

How to choose period

Historical Sharpe Ratio

The chart shows QLDY's rolling Sharpe ratio over time compared to your chosen benchmark. Rising trends indicate improving returns relative to total volatility, while declining trends may signal deteriorating risk-adjusted performance or increased volatility. Use multiple timeframes to distinguish short-term fluctuations from long-term patterns.

Identify market cycles by observing when QLDY consistently outperforms (line above benchmark), underperforms (below benchmark), or aligns with the benchmark.

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