PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Defiance Nasdaq 100 Enhanced Options Income ETF (Q...
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

CUSIP

88636J840

Issuer

Defiance ETFs

Inception Date

Sep 13, 2023

Leveraged

1x

Index Tracked

No Index (Active)

Distribution Policy

Distributing

Asset Class

Alternatives

Expense Ratio

QQQY has a high expense ratio of 0.99%, indicating higher-than-average management fees.


Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
QQQY vs. QQQ QQQY vs. QQQI QQQY vs. JEPQ QQQY vs. TSLY QQQY vs. OARK QQQY vs. NVDY QQQY vs. QDTE QQQY vs. QQQM QQQY vs. JEPI QQQY vs. USNQX
Popular comparisons:
QQQY vs. QQQ QQQY vs. QQQI QQQY vs. JEPQ QQQY vs. TSLY QQQY vs. OARK QQQY vs. NVDY QQQY vs. QDTE QQQY vs. QQQM QQQY vs. JEPI QQQY vs. USNQX

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Defiance Nasdaq 100 Enhanced Options Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


10.00%15.00%20.00%25.00%30.00%35.00%JulyAugustSeptemberOctoberNovemberDecember
19.05%
31.65%
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF)
Benchmark (^GSPC)

Returns By Period

Defiance Nasdaq 100 Enhanced Options Income ETF had a return of 11.04% year-to-date (YTD) and 12.09% in the last 12 months.


QQQY

YTD

11.04%

1M

-0.08%

6M

1.26%

1Y

12.09%

5Y*

N/A

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of QQQY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20240.51%2.54%0.66%-3.50%5.05%4.47%-1.94%0.25%2.33%-1.43%3.91%11.04%
2023-2.36%-0.92%6.10%4.45%7.22%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of QQQY is 51, indicating average performance compared to other ETFs on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of QQQY is 5151
Overall Rank
The Sharpe Ratio Rank of QQQY is 5353
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 4545
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 5353
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 5656
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 5050
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for QQQY, currently valued at 1.03, compared to the broader market0.002.004.001.032.10
The chart of Sortino ratio for QQQY, currently valued at 1.25, compared to the broader market-2.000.002.004.006.008.0010.001.252.80
The chart of Omega ratio for QQQY, currently valued at 1.19, compared to the broader market0.501.001.502.002.503.001.191.39
The chart of Calmar ratio for QQQY, currently valued at 1.26, compared to the broader market0.005.0010.0015.001.263.09
The chart of Martin ratio for QQQY, currently valued at 4.43, compared to the broader market0.0020.0040.0060.0080.00100.004.4313.49
QQQY
^GSPC

The current Defiance Nasdaq 100 Enhanced Options Income ETF Sharpe ratio is 1.03. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Defiance Nasdaq 100 Enhanced Options Income ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio1.001.502.002.503.003.50Sep 22Sep 29Oct 06Oct 13Oct 20Oct 27Nov 03Nov 10Nov 17Nov 24DecemberDec 08Dec 15
1.03
2.10
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF)
Benchmark (^GSPC)

Dividends

Dividend History

Defiance Nasdaq 100 Enhanced Options Income ETF provided a 85.25% dividend yield over the last twelve months, with an annual payout of $27.12 per share.


20.64%$0.00$2.00$4.00$6.00$8.00$10.002023
Dividends
Dividend Yield
PeriodTTM2023
Dividend$27.12$10.95

Dividend yield

85.25%20.64%

Monthly Dividends

The table displays the monthly dividend distributions for Defiance Nasdaq 100 Enhanced Options Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.00$2.55$2.40$2.37$2.58$2.40$4.47$0.00$3.46$3.14$1.13$0.75$25.26
2023$3.30$3.00$4.65$10.95

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.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-3.37%
-2.62%
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Defiance Nasdaq 100 Enhanced Options Income 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 Enhanced Options Income ETF was 10.07%, occurring on Aug 5, 2024. Recovery took 68 trading sessions.

The current Defiance Nasdaq 100 Enhanced Options Income ETF drawdown is 3.37%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-10.07%Jul 11, 202418Aug 5, 202468Nov 8, 202486
-5.46%Apr 2, 202414Apr 19, 202418May 15, 202432
-5.36%Sep 15, 202330Oct 26, 202313Nov 14, 202343
-3.98%Dec 17, 20243Dec 19, 2024
-3.05%Dec 29, 20234Jan 4, 202410Jan 19, 202414

Volatility

Volatility Chart

The current Defiance Nasdaq 100 Enhanced Options Income ETF volatility is 4.07%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


2.00%3.00%4.00%5.00%6.00%JulyAugustSeptemberOctoberNovemberDecember
4.07%
3.79%
QQQY (Defiance Nasdaq 100 Enhanced Options Income ETF)
Benchmark (^GSPC)
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab