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Defiance Nasdaq 100 Income Target ETF (QQQT)

Derivative Income | Exchange Traded Fund | NasdaqGM
17.36 USD +0.18 (1.071%) ⇧ (April 17, 2026, 4 p.m. EDT)
After hours: 17.36

Short-term: ★★★★☆ | Long-term: ★★☆☆☆ | Dividends: ★★★★☆
Hot Take | April 18, 2026, 11:07 p.m. EDT

QQQT is a high-yield income machinery (#23.1%) currently experiencing a strong technical rebound, trading above its 50-day average after significant price discovery. However, caution is required on the 'long-only' nature of the strategy: with a 33% P/E and no organic growth in the ETF itself, price appreciation relies entirely on Gen-AI sector performance and bond yield environments. The options flow suggests no major bets for near-term volatility, while the deep ITM long calls for the June expiration hint that sophisticated speculators are positioning for a 6-month leg up in tech valuations, making it a solid defensive income play but a mediocre pure momentum vehicle.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.040677
AutoETS0.041165
AutoARIMA0.041339
AutoTheta0.048277

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 50%
H-stat 3.40
Ljung-Box p 0.000
Jarque-Bera p 0.503
Excess Kurtosis 0.73
Attribute Value
Trailing P/E 33.43

As of April 18, 2026, 11:07 p.m. EDT: Options flow indicates extreme compression in call volume and Open Interest (OI) across most strikes, creating a low-liquidity, low-sentiment signal in the near term. The 45-day expiration shows negligible OI, while the front-month calls (April 17) show zero out-of-the-money positioning but low ATM activity, suggesting a lack of aggressive directional bets for the immediate week. Conversely, the 6-month (Jun 18) calls are the only horizon with notable back-month OI (149 contracts at 15.00 strike, representing a -13.6% distance); this deep ITM positioning acts as a 'value anchor,' implying speculative intent for medium-term upside rather than imminent volatility. Put activity is sparse, with limited OI at strikes above the current price, suggesting minimal downside hedging demand.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.62% 22.94%
Dividend History
Date Dividend Yield %
2026-04-01 0.256 1.623644
2026-03-02 0.285 1.745317
2026-02-02 0.296 1.759362
2025-12-31 0.311 1.876167
2025-12-01 0.314 1.858668
2025-11-03 0.327 1.909272
2025-10-01 0.322 1.948622
2025-09-02 0.319 2.039379
2025-08-01 0.319 2.089713
2025-07-01 0.307 2.023155
2025-06-02 0.298 2.035539
2025-05-01 0.274 2.028604
2025-04-01 0.286 2.134945
2025-03-03 0.309 2.192575
2025-02-03 0.320 2.174004
2024-12-31 0.325 2.235886
2024-12-02 0.343 2.340517
2024-11-01 0.321 2.307491
2024-10-01 0.322 2.340987
2024-09-03 0.318 2.400885
2024-07-31 0.318 2.355223
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 23.1

Info Dump

Attribute Value
All Time High 20.71
All Time Low 14.062
Ask 22.16
Ask Size 2
Average Daily Volume10 Day 29,790
Average Daily Volume3 Month 28,066
Average Volume 28,066
Average Volume10Days 29,790
Beta3 Year 0.0
Bid 12.42
Bid Size 2
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 17.4
Day Low 17.25
Dividend Yield 23.1
Eps Trailing Twelve Months 0.5193706
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 16.47754
Fifty Day Average Change 0.88246155
Fifty Day Average Change Percent 0.05355542
Fifty Two Week Change Percent 15.104103
Fifty Two Week High 19.19
Fifty Two Week High Change -1.8299999
Fifty Two Week High Change Percent -0.095362164
Fifty Two Week Low 14.89
Fifty Two Week Low Change 2.4700003
Fifty Two Week Low Change Percent 0.16588315
Fifty Two Week Range 14.89 - 19.19
First Trade Date Milliseconds 1,718,976,600,000
Full Exchange Name NasdaqGM
Fund Family Defiance ETFs LLC
Fund Inception Date 1,718,841,600
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-06-21
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed exchange-traded fund (“ETF”) that primarily seeks to generate current income. It’s strategy involves holding shares of unaffiliated passively managed ETFs that seek to track the performance of the index (“Index ETFs”) and selling daily credit call spreads on the index. The fund is non-diversified.
Long Name Defiance Nasdaq 100 Income Target ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1869443374
Nav Price 17.3595
Net Assets 35,229,528.0
Net Expense Ratio 1.2
Open 17.25
Post Market Change 0.0
Post Market Change Percent 0.0
Post Market Price 17.36
Post Market Time 1,776,467,756
Previous Close 17.176
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.18400002
Regular Market Change Percent 1.0712622
Regular Market Day High 17.4
Regular Market Day Low 17.25
Regular Market Day Range 17.25 - 17.4
Regular Market Open 17.25
Regular Market Previous Close 17.176
Regular Market Price 17.36
Regular Market Time 1,776,456,000
Regular Market Volume 57,572
Short Name Defiance Nasdaq 100 Income Targ
Source Interval 15
Symbol QQQT
Total Assets 35,229,528
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 33.42507
Trailing Peg Ratio None
Trailing Three Month Nav Returns -5.88397
Trailing Three Month Returns -5.88397
Triggerable 1
Two Hundred Day Average 17.64574
Two Hundred Day Average Change -0.2857399
Two Hundred Day Average Change Percent -0.016193137
Type Disp ETF
Volume 57,572
Yield 0.231
Ytd Return -5.88397