Defiance Nasdaq 100 Enhanced Options Income ETF

QQQY seeks to provide monthly income by actively placing bullish bets on the Nasdaq-100 Index through a 0DTE put option writing strategy. The secondary objective of the fund is to seek limited exposure to the performance of the index.

QQQY's distribution rate includes a portion of capital returned to investors, which can influence how its distribution yield is perceived. The fund's short-put strategy limits upside potential, making it less effective in capturing gains from Nasdaq's growth. The Nasdaq's 37% return outpaced QQQY's 20% in the past year, primarily due to QQQY's limited upside potential and its allocation to low-interest government bonds.

QQQY: A Closer Look Reveals A Flawed Income Strategy

MIAMI, Sept. 30, 2024 (GLOBE NEWSWIRE) -- 09-30-2024 Distributions Ex & Record Date 10/1/2024.

Defiance ETFs Announces Monthly Distributions on $QQQY (65.47%) $JEPY (49.19%) $IWMY (72.57%) $SPYT (20.02%) $USOY (48.25%) $QQQT (20.02%)

Defiance R2000 Enhanced Options Income ETF

Defiance S&P 500 Enhanced Options Income ETF

MIAMI, Sept. 26, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leading innovator in thematic and income-based exchange-traded funds (ETFs), is excited to announce the renaming and strategy update for its suite of Daily Options Income ETFs to better reflect the adoption of same-day expiration options (0DTE) and an enhanced income strategy.

Defiance Announces Shift to Weekly Distributions and Name Change for 0DTE Income ETF Suite

QQQY employs a cash-secured puts strategy, which involves selling put options on the Nasdaq 100 index and holding cash as collateral. This strategy aims to generate income from option premiums. I criticize QQQY's high distribution rate, which is primarily composed of return of capital. The ETF is distributing more than it earns, leading to capital erosion over time. The Fund has performed reasonably well in a rising market, but may face challenges in a declining market, mirroring the index performance.

QQQY: Unsupported 105% Distribution Rate From This Nasdaq Fund

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce upcoming changes effective September 26, 2024, to enhance the offerings of three Defiance ETFs:

Tidal Financial Group Announces Name Changes and Enhanced Options Strategies for Defiance ETFs

QQQY's strategy of selling 0DTE put options on the NASDAQ 100 has shown profitability, but its 90% distribution rate erodes NAV significantly. The fund's 0.25% daily income target is overly ambitious, leading to steep NAV declines, especially on distribution dates. Reinvesting a portion of distributions can mitigate NAV loss, but it introduces volatility and inconsistency in distributions, which may not suit all investors.

QQQY: Surprisingly Solid Strategy But Overambitious Distributions

Defiance Nasdaq 100 Income Target ETF

Defiance S&P 500 Target Income ETF

Defiance Oil Enhanced Options Income ETF

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%).

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)

CHICAGO and MILWAUKEE and NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group announced today that the Board of Trustees of Tidal Trust II has approved a one-for-three (1-for-3) reverse split of the Defiance QQQY, JEPY, and IWMY ETFs.

Defiance Announces 1-for-3 Reverse Stock Split of QQQY, JEPY, and IWMY ETFs

Defiance Nasdaq 100 Enhanced Options Income ETF offers a headline distribution yield of 52.6% by systematically writing daily put options on the Nasdaq 100 Index. QQQY ETF's put-write strategy is similar to buy-write strategies, but it may outperform in a rising market as its written puts are less likely to expire in-the-money. Despite its high distribution yield, the QQQY ETF still suffers from a capped upside/uncapped downside problem and underperforms the QQQ over the long run.

QQQY: Look Beyond The Ultra High Yields

Defiance Treasury Alternative Yield Etf

MIAMI, June 28, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield ETF, SPYT – Defiance S&P 500 Target Income ETF, USOY – Defiance Oil Enhanced Options Income ETF, QQQT – Defiance Nasdaq 100 Income Target ETF. Distribution as of 06/28/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.6573 52.55% 07/01/2024 07/01/2024 07/02/2024 JEPY $0.4619 33.76% 07/01/2024 07/01/2024 07/02/2024 IWMY $0.6983 57.99% 07/01/2024 07/01/2024 07/02/2024 TRES $0.1500 10.58% 07/01/2024 07/01/2024 07/02/2024 SPYT $0.3369 20.00% 07/01/2024 07/01/2024 07/02/2024 USOY $1.2365 75.00% 07/01/2024 07/01/2024 07/02/2024 QQQT –– –– –– –– –– As of 05/31/2024 the 30 Day SEC yield** for QQQY is 4.22%, JEPY is 4.21%, IWMY is 4.35%, TRES is 4.70%, SPYT is 0.61%, and QQQT is ––.

Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).

QQQY offers a massive yield but has experienced consistent price and NAV decline since inception. QQQY's at-the-money option strategy limits upside potential and may not capture price gains of the Nasdaq-100 Index. ATM option strategies remain inferior to OTM options strategies which allow for greater price upside and general stability.

QQQY: Yield Not Worth The Risk And Vulnerabilities

MIAMI, May 31, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield ETF, and SPYT – Defiance S&P 500 Target Income ETF. Distribution as of 05/31/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.8013 63.63% 06/03/2024 06/03/2024 06/05/2024 JEPY $0.5532 40.72% 06/03/2024 06/03/2024 06/05/2024 IWMY $0.9100 71.40% 06/03/2024 06/03/2024 06/05/2024 TRES $0.1600 11.29% 06/03/2024 06/03/2024 06/05/2024 SPYT $0.3302 20.05% 06/03/2024 06/03/2024 06/05/2024 QQQY Inception Date: 9/13/2023 Click here for QQQY Standardized Performance JEPY Inception Date: 9/18/2023 Click here for JEPY Standardized Performance IWMY Inception Date: 10/30/2023 Click here for IWMY Standardized Performance TRES Inception Date: 01/24/2024 Click here for TRES Standardized Performance SPYT Inception Date: 03/07/2024 Click here for SPYT Standardized Performance The performance data quoted above represents past performance.

Defiance ETFs Announces Monthly Distributions on $QQQY (63.63%), $JEPY (40.72%), $IWMY (71.40%), $TRES (11.29%), and $SPYT (20.05%)

Brookfield Renewable Partners

Canadian Natural Resources

Enbridge

Enterprise Products Partners

IonQ

JPMorgan Equity Premium Income ETF

Lithium Americas Corp

QuantumScape

Solventum Corporation

Tilray Brands

VictoryShares Free Cash Flow ETF

The "Undercovered" Dozen highlights twelve ideas from the previous month on stocks with limited coverage. QuantumScape, IonQ, Enbridge preferred shares, Tilray, and more are included this month.

The 'Undercovered' Dozen From April 2024

AGNC Investment

YieldMax AMD Option Income Strategy ETF

YieldMax AAPL Option Income Strategy ETF

ARMOUR Residential REIT

Dynex Capital

Ellington Residential Mortgage REIT

Ellington Financial

EPR Properties

Yieldmax Meta Option Income Strategy Etf

YieldMax NFLX Option Income Strategy ETF

OFS Credit Company Inc

Orchid Island Capital

PennantPark Investment

Prospect Capital

Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (84); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 4/24/24.

84 Monthly Paid Dividend Stocks And 80 Funds For April

The Defiance Nasdaq 100 Enhanced Options Income ETF offers monthly payouts by selling put options and investing in U.S. Treasuries. Since its inception, QQQY has offered total returns of 11.37%, while the Nasdaq 100 index is up 19.65% during the same period. QQQY should perform best in a range-bound market with elevated volatility levels, making it a buy for investors seeking income.

QQQY: A Decent Fund With Some Risks That Should Outperform This Year

The Defiance NASDAQ 100 Enhanced Options Income ETF (QQQY) writes options against QQQ expiring the same day they are written, aiming for consistent monthly yield distributions.

QQQY: Still A Mammoth Yield Of 57%, But Risks Remain

MIAMI, March 27, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield ETF, and SPYT – Defiance S&P 500 Income Target ETF. Distribution as of 3/28/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.79 56.94% 4/1/2024 4/2/2024 4/4/2024 JEPY $0.55 37.52% 4/1/2024 4/2/2024 4/4/2024 IWMY $1.07 72.30% 4/1/2024 4/2/2024 4/4/2024 TRES $0.17 11.50% 4/1/2024 4/2/2024 4/4/2024 SPYT $0.34 -- 4/1/2024 4/2/2024 4/4/2024 QQQY Inception Date: 9/13/2023 Click here for QQQY Standardized Performance JEPY Inception Date: 9/18/2023 Click here for JEPY Standardized Performance IWMY Inception Date: 10/30/2023 Click here for IWMY Standardized Performance TRES Inception Date: 01/24/2024 Click here for TRES Standardized Performance SPYT Inception Date: 03/07/2024 Click here for SPYT Standardized Performance The performance data quoted above represents past performance.

**Defiance ETFs Announces Monthly Distributions on $QQQY (56.94%), $JEPY (37.52%), $IWMY (72.30%), $TRES (11.50%), and $SPYT

YieldMax COIN Option Income Strategy ETF

Gladstone Capital

Gladstone Commercial

YieldMax NVDA Option Income Strategy ETF

Yieldmax Arkk Option Income Etf

Stellus Capital Investment

San Juan Basin Royalty Trust

Imagine stocks or funds that pay-out their dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more! These March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (82); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 3/18/24.

82 Monthly Paid Dividend Stocks And 80 Funds For March

Global X NASDAQ 100 Covered Call ETF

Investors interested in options income have many choices, including two popular funds, QYLD and QQQY. This article assesses the strategy of each fund, including their methodology and composition. It also looks at the differences between the two trades, calls vs puts, and analyses which is more efficient for generating income.

QYLD Vs QQQY: Calls Or Puts For NASDAQ 100 Income?

Modiv

YieldMax SQ Option Income Strategy ETF

Credit Suisse X-Links Crude Oil Shares Covered Call ETN

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!

77 Monthly Paid Dividend Stocks And 80 Funds For February

This ETF realized an incredible monthly yield over its short history. It achieves this by selling very short-dated puts on the Nasdaq. There is nothing wrong with this strategy except that it is increasingly utilized.

QQQY: Hidden Risk Beyond The 5.2% Monthly Yield

JPMorgan Nasdaq Equity Premium Income ETF

Nasdaq 100 focused ETFs with embedded options selling strategies have grown in popularity in recent years, with the QQQY recently coming to market, joining the QYLD and JEPQ.

A Look At The Boom In Income Focused Nasdaq ETFs

Eagle Point Credit

Ishares Investment Grade Corporate Bond Buywrite Strategy ETF

Simplify Bitcoin Strategy PLUS Income ETF

Credit Suisse X-Links Silver Shares Covered Call ETN

iShares 20+ Year Treasury Bond BuyWrite Strategy ETF

Imagine stocks or funds that pay-out their dividends once-a-month! Unlike waiting for quarterly, semi-annual or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more!. These January U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (83); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 1/11/24.

January's 83 Monthly Paid Dividend Stocks And 80 Funds

Defiance Nasdaq 100 Enhanced Options Income ETF offers exposure to the Nasdaq-100 Index through an innovative strategy of selling at-the-money put options. QQQY's strategy involves daily selling of put options that expire the next trading day, aiming to generate income from option premiums. The ETF's risk and return profile is marked by potential volatility and higher tax implications, making it a more volatile investment compared to traditional equity ETFs.

QQQY: Too Early To Call On This New And Untested Strategy

Defiance Pure Electric Vehicle ETF

Defiance Israel Bond ETF

Defiance ETFs has launched the Defiance Israel Bond ETF (NYSE Arca: CHAI) to provide exposure to the Israeli bond market. The fund begins trading on the New York Stock Exchange.

News for Defiance Nasdaq 100 Enhanced Options Income ETF ETF (QQQY)