Defiance Nasdaq 100 Target 30 Weekly Distribution ETF (QQQY)Trading--Miscellaneous | Exchange Traded Fund | NasdaqGM
22.61 USD
+0.23
(1.028%)
⇧
(April 17, 2026, 4 p.m.
EDT)
After hours: 22.60 -0.01 (-0.010%) ⇩ (April 17, 2026, 7:30 p.m. EDT) Short-term: ★★★★☆ | Long-term: ☆☆☆☆☆ | Dividends: ★★☆☆☆ |
Hot Take | April 18, 2026, 10:42 p.m. EDT
QQQY is a 'neo-bond' instrument paying junk rates due to unsustainable NAV erosion; the 45% yield is an illusion of value destruction rather than income generation. While the underlying Nasdaq 100 strategy has merit, the structure forcing aggressive payouts has shattered the share price relationship with NAV, resulting in a total loss of capital for long-term holders and rendering it unfit for any multi-year investment thesis. |
| Model | MAE |
|---|---|
| MSTL ✓ | 0.042716 |
| AutoETS | 0.043215 |
| AutoTheta | 0.048047 |
| AutoARIMA | 0.058120 |
Forecast horizon: 45 days | Selected: MSTL
| Forecast Reliability | |
|---|---|
| Score | 52% |
| H-stat | 2.99 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.467 |
| Excess Kurtosis | 0.80 |
As of April 18, 2026, 10:42 p.m. EDT: Options flows reveal distinct divergence between short-term sentiment and medium-term hedging. In the immediate 1-week expiration (04/17), Put writing is dominant with heavy Open Interest at 22.0 and 14.0 strikes, indicating a defensive price cap expectation. Elevated ATM IV on the Put side (1.39 vs 0.67 Calls) suggests fear of downside volatility is priced higher than upside. Conversely, medium-term (June/Sept) flows show heavy Call Open Interest at 25-35 strikes and 28 strikes, with a >90% percentage of OTM positioning. This signals a bullish bet that the price will migrate significantly higher (>15-15% range) by mid-year, despite the short-term bearish hedges.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 0.57% | 45.94% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-04-16 | 0.128 | 0.571939 |
| 2026-04-09 | 0.121 | 0.567080 |
| 2026-04-02 | 0.115 | 0.558669 |
| 2026-03-26 | 0.122 | 0.604077 |
| 2026-03-19 | 0.126 | 0.605111 |
| 2026-03-12 | 0.128 | 0.610035 |
| 2026-03-05 | 0.127 | 0.595450 |
| 2026-02-26 | 0.129 | 0.606217 |
| 2026-02-19 | 0.128 | 0.606350 |
| 2026-02-12 | 0.131 | 0.623298 |
| 2026-02-05 | 0.133 | 0.636196 |
| 2026-01-29 | 0.136 | 0.617841 |
| 2026-01-22 | 0.134 | 0.613839 |
| 2026-01-15 | 0.138 | 0.630954 |
| 2026-01-08 | 0.138 | 0.631971 |
| 2025-12-31 | 0.138 | 0.638881 |
| 2025-12-24 | 0.139 | 0.636173 |
| 2025-12-18 | 0.138 | 0.643056 |
| 2025-12-11 | 0.140 | 0.640534 |
| 2025-12-04 | 0.163 | 0.753482 |
| 2025-11-26 | 0.358 | 1.680000 |
| 2025-11-20 | 0.161 | 0.781919 |
| 2025-11-13 | 0.167 | 0.797500 |
| 2025-11-06 | 0.167 | 0.789469 |
| 2025-10-30 | 0.171 | 0.793359 |
| 2025-10-23 | 0.190 | 0.889765 |
| 2025-10-16 | 0.212 | 1.004992 |
| 2025-10-09 | 0.193 | 0.896438 |
| 2025-10-02 | 0.191 | 0.888280 |
| 2025-09-25 | 0.193 | 0.918506 |
| 2025-09-18 | 0.193 | 0.917159 |
| 2025-09-11 | 0.189 | 0.911716 |
| 2025-09-04 | 0.189 | 0.930611 |
| 2025-08-28 | 0.190 | 0.928552 |
| 2025-08-21 | 0.193 | 0.964695 |
| 2025-08-14 | 0.177 | 0.865475 |
| 2025-08-07 | 0.192 | 0.949110 |
| 2025-07-31 | 0.187 | 0.919535 |
| 2025-07-24 | 0.195 | 0.966476 |
| 2025-07-17 | 0.194 | 0.970985 |
| 2025-07-10 | 0.195 | 0.990154 |
| 2025-07-03 | 0.195 | 0.991489 |
| 2025-06-26 | 0.192 | 0.986634 |
| 2025-06-18 | 0.194 | 1.017693 |
| 2025-06-12 | 0.194 | 1.009242 |
| 2025-06-05 | 0.191 | 1.014373 |
| 2025-05-29 | 0.189 | 1.019144 |
| 2025-05-22 | 0.193 | 1.048081 |
| 2025-05-15 | 0.187 | 1.019234 |
| 2025-05-08 | 0.187 | 1.055242 |
| 2025-05-01 | 0.181 | 1.040023 |
| 2025-04-24 | 0.296 | 1.771839 |
| 2025-04-17 | 0.299 | 1.823099 |
| 2025-04-10 | 0.249 | 1.557296 |
| 2025-04-03 | 0.275 | 1.607395 |
| 2025-03-27 | 0.287 | 1.590258 |
| 2025-03-20 | 0.286 | 1.589174 |
| 2025-03-13 | 0.295 | 1.667575 |
| 2025-03-06 | 0.216 | 1.198140 |
| 2025-02-27 | 0.194 | 1.059066 |
| 2025-02-20 | 0.198 | 1.015500 |
| 2025-02-13 | 0.226 | 1.171256 |
| 2025-02-06 | 0.226 | 1.179265 |
| 2025-01-30 | 0.076 | 0.403795 |
| 2025-01-23 | 0.227 | 1.191669 |
| 2025-01-16 | 0.302 | 1.617967 |
| 2025-01-08 | 0.311 | 1.654200 |
| 2024-12-31 | 0.239 | 1.272129 |
| 2024-12-26 | 0.223 | 1.153136 |
| 2024-12-19 | 0.231 | 1.218052 |
| 2024-12-12 | 0.284 | 1.448397 |
| 2024-12-05 | 0.231 | 1.174310 |
| 2024-11-27 | 0.283 | 1.458696 |
| 2024-11-21 | 0.246 | 1.277226 |
| 2024-11-14 | 0.340 | 1.756222 |
| 2024-11-07 | 0.266 | 1.378800 |
| 2024-10-31 | 0.255 | 1.361705 |
| 2024-10-24 | 0.274 | 1.437210 |
| 2024-10-17 | 0.276 | 1.448347 |
| 2024-10-10 | 0.345 | 1.810783 |
| 2024-10-01 | 1.994 | 10.620313 |
| 2024-09-03 | 3.459 | 19.005876 |
| 2024-07-31 | 2.502 | 13.341070 |
| 2024-07-01 | 1.971 | 10.265115 |
| 2024-06-03 | 2.403 | 13.079583 |
| 2024-05-01 | 2.577 | 14.861278 |
| 2024-04-01 | 2.370 | 13.045295 |
| 2024-03-01 | 2.400 | 13.276315 |
| 2024-02-01 | 2.550 | 14.423878 |
| 2023-12-28 | 1.860 | 10.631940 |
| 2023-12-01 | 2.790 | 16.629410 |
| 2023-11-01 | 3.000 | 18.948679 |
| 2023-10-02 | 3.300 | 20.604881 |
| Attribute | Value |
|---|---|
| All Time High | 60.54 |
| All Time Low | 19.915 |
| Ask | 22.66 |
| Ask Size | 5 |
| Average Daily Volume10 Day | 246,100 |
| Average Daily Volume3 Month | 185,746 |
| Average Volume | 185,746 |
| Average Volume10Days | 246,100 |
| Beta3 Year | 0.0 |
| Bid | 22.57 |
| Bid Size | 5 |
| Category | Trading--Miscellaneous |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 22.6651 |
| Day Low | 22.48 |
| Dividend Yield | 45.49 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 21.75136 |
| Fifty Day Average Change | 0.8586407 |
| Fifty Day Average Change Percent | 0.039475262 |
| Fifty Two Week Change Percent | -2.627045 |
| Fifty Two Week High | 26.32 |
| Fifty Two Week High Change | -3.709999 |
| Fifty Two Week High Change Percent | -0.14095742 |
| Fifty Two Week Low | 19.915 |
| Fifty Two Week Low Change | 2.6949997 |
| Fifty Two Week Low Change Percent | 0.1353251 |
| Fifty Two Week Range | 19.915 - 26.32 |
| First Trade Date Milliseconds | 1,694,698,200,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Defiance ETFs LLC |
| Fund Inception Date | 1,694,563,200 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,023-09-14 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed exchange-traded fund (“ETF”) that seeks current income while maintaining the opportunity for indirect exposure to the value of the index, subject to a limit on potential gains from increases in the value of the index. The fund is non-diversified. |
| Long Name | Defiance Nasdaq 100 Target 30 Weekly Distribution ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1852944783 |
| Nav Price | 22.625 |
| Net Assets | 161,928,048.0 |
| Net Expense Ratio | 1.01 |
| Open | 22.5014 |
| Post Market Change | -0.010000229 |
| Post Market Change Percent | -0.044229228 |
| Post Market Price | 22.6 |
| Post Market Time | 1,776,468,625 |
| Previous Close | 22.38 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | 0.230001 |
| Regular Market Change Percent | 1.02771 |
| Regular Market Day High | 22.6651 |
| Regular Market Day Low | 22.48 |
| Regular Market Day Range | 22.48 - 22.6651 |
| Regular Market Open | 22.5014 |
| Regular Market Previous Close | 22.38 |
| Regular Market Price | 22.61 |
| Regular Market Time | 1,776,456,000 |
| Regular Market Volume | 134,205 |
| Short Name | Defiance Nasdaq 100 Weekly Dist |
| Source Interval | 15 |
| Symbol | QQQY |
| Total Assets | 161,928,048 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -6.28753 |
| Trailing Three Month Returns | -6.28753 |
| Triggerable | 1 |
| Two Hundred Day Average | 24.10426 |
| Two Hundred Day Average Change | -1.4942589 |
| Two Hundred Day Average Change Percent | -0.061991487 |
| Type Disp | ETF |
| Volume | 134,205 |
| Yield | 0.45490003 |
| Ytd Return | -6.28753 |