The Defiance Nasdaq 100 LightningSpread Income ETF (Ticker: QLDY) is a unique financial instrument designed for investors seeking a sophisticated approach to income generation while maintaining exposure to large-cap growth opportunities. This ETF falls under the Size and Style category, focusing specifically on Large Cap equities, and operates within a Broad-based niche by aligning with the prestigious NASDAQ 100 Index.
QLDY distinguishes itself by employing an innovative strategy that combines traditional equity exposure with advanced options techniques. The fund provides long exposure to the NASDAQ 100 Index, capturing the price movements of some of the most dynamic and established companies in the technology and consumer sectors. This positions QLDY as an attractive option for investors looking to capitalize on the growth potential of leading large-cap stocks.
What sets QLDY apart is its active management of synthetic call options and 0DTE (zero days to expiry) put spreads. This sophisticated options strategy is designed to generate income by distributing to shareholders twice weekly. By writing short-duration put spreads, the fund seeks to enhance yield while managing risk, catering to investors who desire regular income without sacrificing growth potential.
The Defiance Nasdaq 100 LightningSpread Income ETF offers a compelling blend of growth and income, making it an appealing choice for investors who want to benefit from the innovative and high-growth companies within the NASDAQ 100 Index, while also receiving consistent income distributions.
Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) Fund Flow Chart
Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) 1 year Net Flows: $4M
QLDY ETF FAQ
What was QLDY’s price range in the past 12 months?
QLDY lowest ETF price was $49.92 and its highest was $51.44 in the past 12 months.