- CUSIP
- 88636J576
- Issuer
- Defiance
- Inception Date
- Jun 20, 2024
- Category
- Nasdaq-100, Derivative Income
- Leveraged
- 1x (No leverage)
- Index Tracked
- No Index (Active)
- Distribution Policy
- Distributing
- Asset Class
- Equity
- Asset Class Size
- Large-Cap
- Asset Class Style
- Growth
- Assets Under Management
- $43M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
QQQT Performance Chart
Defiance Nasdaq 100 Income Target ETF (QQQT) is up 19.0% since the beginning of the year. QQQT is currently trading at $19 per share.
Loading charts...
Returns By Period
Defiance Nasdaq 100 Income Target ETF (QQQT) has returned 19.00% so far this year and 34.01% over the past 12 months.
Defiance Nasdaq 100 Income Target ETF
- 1D
- 2.36%
- 1M
- 3.70%
- YTD
- 19.00%
- 6M
- 18.67%
- 1Y
- 34.01%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.17%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.06%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
QQQT Monthly Returns History
Based on dividend-adjusted daily data since Jun 21, 2024, QQQT's average daily return is +0.08%, while the average monthly return is +1.50%. At this rate, an investment would double in approximately 3.9 years.
Historically, 64% of months were positive and 36% were negative. The best month was Apr 2026 with a return of +14.9%, while the worst month was Mar 2025 at -7.5%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 2 months.
On a daily basis, QQQT closed higher 58% of trading days. The best single day was Apr 9, 2025 with a return of +11.6%, while the worst single day was Apr 4, 2025 at -6.0%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 0.91% | -2.49% | -4.58% | 14.88% | 10.27% | 0.05% | 19.00% | ||||||
| 2025 | 1.97% | -3.02% | -7.51% | 0.83% | 8.54% | 4.91% | 1.85% | 1.10% | 4.78% | 3.83% | -1.87% | -1.21% | 14.04% |
| 2024 | -0.45% | -2.78% | 1.26% | 2.31% | -1.20% | 4.97% | 0.19% | 4.20% |
Benchmark Metrics
Defiance Nasdaq 100 Income Target ETF has an annualized alpha of -0.23%, beta of 1.19, and R2 of 0.90 versus S&P 500 Index. Calculated based on daily prices since June 21, 2024.
- This ETF captured 109.62% of S&P 500 Index gains but only 98.78% of its losses - a favorable profile for investors.
- Alpha
- -0.23%
- Beta
- 1.19
- R²
- 0.90
- Upside Capture
- 109.62%
- Downside Capture
- 98.78%
Expense Ratio
QQQT has a high expense ratio of 1.05%, indicating above-average management fees.
Return for Risk
Risk / Return Rank
QQQT ranks 62 for risk / return — better than 62% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Defiance Nasdaq 100 Income Target ETF (QQQT) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| QQQT | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.17 | ||
| Sortino ratioReturn per unit of downside risk | +0.16 | ||
| Omega ratioGain probability vs. loss probability | 1.40 | 1.35 | +0.04 |
| Calmar ratioReturn relative to maximum drawdown | 2.68 | 2.66 | +0.03 |
| Martin ratioReturn relative to average drawdown | 9.22 | 11.86 | -2.65 |
Dividends
Dividend History
Defiance Nasdaq 100 Income Target ETF provided a 19.23% dividend yield over the last twelve months, with an annual payout of $3.67 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $3.67 | $3.71 | $1.95 |
Dividend yield | 19.23% | 21.27% | 10.35% |
Monthly Dividends
The table displays the monthly dividend distributions for Defiance Nasdaq 100 Income Target ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.30 | $0.28 | $0.26 | $0.29 | $0.32 | $1.45 | ||||||
| 2025 | $0.00 | $0.32 | $0.31 | $0.29 | $0.27 | $0.30 | $0.31 | $0.32 | $0.32 | $0.32 | $0.33 | $0.63 | $3.71 |
| 2024 | $0.32 | $0.00 | $0.32 | $0.32 | $0.32 | $0.67 | $1.95 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Loading charts...
Worst Drawdowns
The table below displays the maximum drawdowns of the Defiance Nasdaq 100 Income Target ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Defiance Nasdaq 100 Income Target ETF was 22.50%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.
The current Defiance Nasdaq 100 Income Target ETF drawdown is 0.67%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -22.50%Apr 2025 | 3mo 22d | 2mo 23d | 6mo 15dDec 2024 - Jun 2025 |
2024 correction2024 | -12.92%Aug 2024 | 27d | 3mo 2d | 3mo 29dJul 2024 - Nov 2024 |
2026 correction2026 | -12.73%Mar 2026 | 5mo 1d | 18d | 5mo 19dOct 2025 - Apr 2026 |
2026 pullback2026 | -6.57%Jun 2026 | 7d | — | 17d 19hJun 2026 - now |
2025 pullback2025 | -3.19%Oct 2025 | 0s | 14d | 14dOct 2025 - Oct 2025 |
Drawdown Indicators
| QQQT | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -22.50% | -56.78% | +34.28% |
Max Drawdown (1Y)Largest decline over 1 year | -12.73% | -9.10% | -3.63% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -0.67% | -2.49% | +1.82% |
Average DrawdownAverage peak-to-trough decline | -3.98% | -10.72% | +6.74% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.70% | 2.03% | +1.67% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with QQQT
Add Defiance Nasdaq 100 Income Target ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with QQQT