| Indicators | Browse All

Defiance Oil Enhanced Options Income ETF (USOY)

Commodities Focused | Exchange Traded Fund | NasdaqGM
7.74 USD +0.18 (2.381%) ⇧ (Oct. 16, 2026, 4 p.m. EDT)
After hours: 7.69 -0.05 (-0.050%) ⇩ (Oct. 16, 2026, 7:18 p.m. EDT)

Short-term:★★☆☆☆Long-term:★☆☆☆☆Dividends:★★⯪☆☆
Hot Take ↕ | Oct. 10, 2026, 1:11 a.m. EDT

The long-term rating is severely compromised by a catastrophic 53.67% decline over the trailing year, marking this as a clear value trap where the market has permanently repriced the asset. Despite the headline-grabbing 38.51% yield, this payout is not sustainable income; it represents a return of capital as the fund erodes its net asset value to generate distributions. The recent price action shows a fragile, sideways grind rather than a recovery, trading well below its 200-day average. While the short-term rating avoids the absolute bottom due to the extreme yield providing a floor, the structural damage to the underlying vehicle makes it unsuitable for capital preservation. The options market confirms this fear, with traders buying deep out-of-the-money puts to hedge against further collapse, while call activity remains negligible.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.062736
AutoTheta0.083427
AutoETS0.101634
AutoARIMA0.102611

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 47%
H-stat 3.99
Ljung-Box p 0.000
Jarque-Bera p 0.884
Excess Kurtosis -0.36

As of Oct. 10, 2026, 1:11 a.m. EDT: Speculators are positioning heavily for downside protection, evidenced by massive open interest in out-of-the-money puts (strikes 6.0 and 7.0) relative to calls. The put/call ratio is skewed significantly toward bearish sentiment, while call volume remains thin and concentrated near the money, suggesting a lack of conviction in a rebound.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
0.86% 51.61% — —
Dividend History
Date Dividend Yield %
2026-10-15 0.065 0.859788
2026-10-08 0.063 0.863014
2026-10-01 0.063 0.840560
2026-09-24 0.063 0.824176
2026-09-17 0.070 0.906266
2026-09-10 0.065 0.818125
2026-09-03 0.064 0.871341
2026-08-27 0.059 0.849532
2026-08-20 0.062 0.859321
2026-08-13 0.068 0.981241
2026-08-06 0.064 0.945347
2026-07-30 0.067 0.922865
2026-07-23 0.070 0.884956
2026-07-16 0.055 0.780142
2026-07-09 0.051 0.770393
2026-07-02 0.061 0.948678
2026-06-25 0.064 0.951673
2026-06-18 0.069 0.977337
2026-06-11 0.078 0.996169
2026-06-04 0.081 0.975316
2026-05-28 0.081 1.006211
2026-05-21 0.088 1.014175
2026-05-14 0.084 0.954545
2026-05-07 0.087 1.024735
2026-04-30 0.084 0.920044
2026-04-23 0.080 0.926999
2026-04-16 0.081 0.951821
2026-04-09 0.089 1.049528
2026-04-02 0.097 1.046386
2026-03-26 0.091 1.037628
2026-03-19 0.091 1.065574
2026-03-12 0.110 1.341463
2026-03-05 0.074 0.977543
2026-02-26 0.071 1.009240
2026-02-19 0.068 0.970735
2026-02-12 0.070 1.030928
2026-02-05 0.068 1.005174
2026-01-29 0.067 0.978817
2026-01-22 0.066 1.013047
2026-01-15 0.066 1.027237
2026-01-08 0.052 0.801850
2025-12-31 0.053 0.814758
2025-12-24 0.053 0.802422
2025-12-18 0.066 1.020882
2025-12-11 0.071 1.063670
2025-12-04 0.058 0.838756
2025-11-26 0.071 1.040293
2025-11-20 0.095 1.381818
2025-11-13 0.072 1.037464
2025-11-06 0.072 1.022727
2025-10-30 0.086 1.208714
2025-10-23 0.086 1.187845
2025-10-16 0.085 1.207386
2025-10-09 0.090 1.198402
2025-10-02 0.098 1.306667
2025-09-25 0.096 1.180812
2025-09-18 0.098 1.208385
2025-09-11 0.102 1.262376
2025-09-04 0.069 0.833333
2025-08-28 0.093 1.101896
2025-08-21 0.110 1.309524
2025-08-14 0.141 1.668639
2025-08-07 0.134 1.587678
2025-07-31 0.136 1.494505
2025-07-24 0.099 1.096346
2025-07-17 0.160 1.746725
2025-07-10 0.184 1.997828
2025-07-03 0.140 1.498929
2025-06-26 0.200 2.155172
2025-06-18 0.146 1.441264
2025-06-02 0.770 8.004158
2025-05-01 0.539 5.444445
2025-04-01 0.805 6.764706
2025-03-03 0.706 5.725872
2025-02-03 1.007 7.464789
2024-12-31 0.790 5.618777
2024-12-02 0.870 6.223176
2024-11-01 0.783 5.452646
2024-10-01 0.611 4.139566
2024-09-03 1.056 6.979511
2024-07-31 0.770 4.422746
2024-07-01 1.237 6.555379
2024-06-03 0.716 3.857759
Additional Data
trailingAnnualDividendRate 0.0
trailingAnnualDividendYield 0.0
dividendYield 38.51

Info Dump

Attribute Value
All Time High 20.47
All Time Low 6.35
Ask 8.06
Ask Size 2
Average Daily Volume10 Day 378,420
Average Daily Volume3 Month 388,731
Average Volume 388,731
Average Volume10Days 378,420
Beta3 Year 0.0
Bid 5.36
Bid Size 2
Category Commodities Focused
Crypto Tradeable 0
Currency USD
Custom Price Alert Confidence HIGH
Day High 7.75
Day Low 7.49
Display Name Oil Enhanced Options Income ETF
Dividend Yield 38.51
Esg Populated 0
Exchange NGM
Exchange Data Delayed By 15
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 7.35096
Fifty Day Average Change 0.38904
Fifty Day Average Change Percent 0.0529237
Fifty Two Week Change Percent 9.631729
Fifty Two Week High 9.58
Fifty Two Week High Change -1.8400002
Fifty Two Week High Change Percent -0.19206682
Fifty Two Week Low 6.35
Fifty Two Week Low Change 1.3899999
Fifty Two Week Low Change Percent 0.21889763
Fifty Two Week Range 6.35 - 9.58
First Trade Date Milliseconds 1,715,347,800,000
Full Exchange Name NasdaqGM
Fullday Change 0.13000011
Fullday Change Percent 1.7195783
Fullday Price 7.74
Fund Family Defiance ETFs LLC
Fund Inception Date 1,715,212,800
Gmt Off Set Milliseconds -14,400,000
Has Pre Post Market Data 1
Ipo Expected Date 2,024-05-10
Language en-US
Legal Type Exchange Traded Fund
Long Business Summary The fund is an actively managed ETF that seeks current income while maintaining the opportunity for indirect exposure to the share price of United States Oil Fund, LP, subject to a limit on potential gains related to increases in the price of USO’s shares. The fund is non-diversified.
Long Name Defiance Oil Enhanced Options Income ETF
Market us_market
Market State CLOSED
Max Age 86,400
Message Board Id finmb_1873582012
Nav Price 7.7375
Net Assets 70,997,600.0
Net Expense Ratio 1.12
Open 7.53
Post Market Change -0.049999714
Post Market Change Percent -0.64599115
Post Market Price 7.69
Post Market Time 1,792,192,689
Previous Close 7.56
Price Hint 2
Quote Source Name Nasdaq Real Time Price
Quote Type ETF
Region US
Regular Market Change 0.17999983
Regular Market Change Percent 2.3809502
Regular Market Day High 7.75
Regular Market Day Low 7.49
Regular Market Day Range 7.49 - 7.75
Regular Market Open 7.53
Regular Market Previous Close 7.56
Regular Market Price 7.74
Regular Market Time 1,792,180,800
Regular Market Volume 411,901
Short Name Defiance Oil Enhanced Options I
Source Interval 15
Symbol USOY
Total Assets 70,997,600
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Peg Ratio None
Trailing Three Month Nav Returns 24.7965
Trailing Three Month Returns 24.7965
Triggerable 1
Two Hundred Day Average 7.586185
Two Hundred Day Average Change 0.1538148
Two Hundred Day Average Change Percent 0.020275645
Type Disp ETF
Volume 411,901
Yield 0.38509998
Ytd Return 62.07552