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Defiance Nasdaq 100 Income Target ETF (QQQT)

Derivative Income | Exchange Traded Fund | NasdaqGM
18.10 USD -0.32 (-1.737%) ⇩ (July 13, 2026, 4 p.m. EDT)

Short-term:★★☆☆☆Long-term:★★☆☆☆Dividends:★★★⯪☆
Hot Take | July 11, 2026, 7 a.m. EDT

This instrument is a specialized income vehicle designed to generate cash flow, not capital appreciation. The headline 10.74% yield is attractive but comes with a significant caveat: the underlying price has declined 11.66% over the last year, meaning the yield is largely compensating for capital loss rather than providing pure income. While the monthly distribution schedule is consistent and the payout appears sustainable relative to the current price, the asset is currently in a downtrend. The statistical forecast models show a slight negative lean, and the options market offers no clear signal of a reversal. For investors seeking high yield, this works, but be aware that the principal value is under pressure.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.046618
AutoETS0.050525
AutoARIMA0.052294
AutoTheta0.053735

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 58%
H-stat 0.85
Ljung-Box p 0.000
Jarque-Bera p 0.393
Excess Kurtosis -0.98
Attribute Value
Trailing P/E 31.01

As of July 11, 2026, 7 a.m. EDT: Options activity is sparse and lacks directional conviction. Call volume is negligible across all expirations, while put interest is similarly low. Open Interest is concentrated at-the-money for near-term contracts, suggesting hedging rather than speculative positioning. The lack of significant out-of-the-money flow indicates speculators are not aggressively betting on a sharp move in either direction.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
1.69% 20.72%
Dividend History
Date Dividend Yield %
2026-07-01 0.312 1.688769
2026-06-01 0.321 1.674491
2026-05-01 0.294 1.657085
2026-04-01 0.256 1.623644
2026-03-02 0.285 1.717074
2026-02-02 0.296 1.701638
2025-12-31 0.311 1.784075
2025-12-01 0.314 1.736726
2025-11-03 0.327 1.753351
2025-10-01 0.322 1.758602
2025-09-02 0.319 1.808595
2025-08-01 0.319 1.820464
2025-07-01 0.307 1.731529
2025-06-02 0.298 1.712644
2025-05-01 0.274 1.677893
2025-04-01 0.286 1.736491
2025-03-03 0.309 1.752694
2025-02-03 0.320 1.708489
2024-12-31 0.325 1.727804
2024-12-02 0.343 1.778123
2024-11-01 0.321 1.722103
2024-10-01 0.322 1.717333
2024-09-03 0.318 1.732026
2024-07-31 0.318 1.671046
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 10.74

Info Dump

Attribute Value
All Time High 20.71
All Time Low 14.062
Ask 18.1
Ask Size 1
Average Daily Volume10 Day 40,760
Average Daily Volume3 Month 43,291
Average Volume 43,291
Average Volume10Days 40,760
Beta3 Year 0.0
Bid 18.06
Bid Size 1
Category Derivative Income
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 18.24
Day Low 18.05
Dividend Yield 10.74
Eps Trailing Twelve Months 0.5837501
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 18.57076
Fifty Day Average Change -0.47076035
Fifty Day Average Change Percent -0.025349546
Fifty Two Week Change Percent 2.3694277
Fifty Two Week High 19.45
Fifty Two Week High Change -1.3500004
Fifty Two Week High Change Percent -0.06940876
Fifty Two Week Low 15.24
Fifty Two Week Low Change 2.8600006
Fifty Two Week Low Change Percent 0.18766409
Fifty Two Week Range 15.24 - 19.45
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 PRE
Max Age 86,400
Message Board Id finmb_1869443374
Nav Price 18.3938
Net Assets 47,000,560.0
Net Expense Ratio 1.2
Open 18.2
Previous Close 18.42
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change -0.32
Regular Market Change Percent -1.73724
Regular Market Day High 18.24
Regular Market Day Low 18.05
Regular Market Day Range 18.05 - 18.24
Regular Market Open 18.2
Regular Market Previous Close 18.42
Regular Market Price 18.1
Regular Market Time 1,783,972,800
Regular Market Volume 27,816
Short Name Defiance Nasdaq 100 Income Targ
Source Interval 15
Symbol QQQT
Total Assets 47,000,560
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing P E 31.006418
Trailing Peg Ratio None
Trailing Three Month Nav Returns 25.9842
Trailing Three Month Returns 25.9842
Triggerable 1
Two Hundred Day Average 17.752735
Two Hundred Day Average Change 0.34726524
Two Hundred Day Average Change Percent 0.019561226
Type Disp ETF
Volume 27,816
Yield 0.1074
Ytd Return 18.57134