QDWN

DailyDelta Q100 Downside Option Strategy ETF

$8.64
+0.00%
Market closed. Last update: 10:55 PM ET

📎 Investment Objective

The DailyDelta Q100 Downside Option Strategy ETF (QDWN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the DailyDelta Q100 Downside Option Strategy Index.

Overview

ETF tracking DailyDelta Q100 Downside Option Strategy ETF

Category Other
Issuer Other
Inception Date 2025-03-11
Market Cap N/A
Average Volume N/A
Dividend Yield 2.70%
52-Week Range $7.61 - $34.90
VWAP $8.84

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The DailyDelta Q100 Downside Option Strategy ETF (QDWN) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the DailyDelta Q100 Downside Option Strategy Index.

🎯 Investment Strategy

The fund employs a passive management (or indexing) approach and seeks to track the performance of the underlying index. The index utilizes a rules-based options strategy that aims to generate income and provide downside protection by selling out-of-the-money put options on the Nasdaq-100 Index.

✨ Key Features

  • Provides exposure to a downside protection options strategy on the Nasdaq-100 Index
  • Seeks to generate income through the sale of put options
  • Aims to provide some downside protection compared to a direct investment in the Nasdaq-100 Index
  • Passively managed to track the performance of the underlying index

⚠️ Primary Risks

  • Option strategy risk: The fund's use of options exposes it to the risk of loss due to adverse movements in the underlying asset
  • Concentration risk: The fund's focus on the Nasdaq-100 Index makes it susceptible to market conditions and risks associated with that index
  • Liquidity risk: The fund may have difficulty trading certain securities at an advantageous time or price
  • Tracking error risk: The fund may not perfectly track the performance of the underlying index

👤 Best For

This ETF may be suitable for investors seeking income generation and some downside protection, particularly those with a moderate risk tolerance and a medium-term investment horizon. However, investors should carefully consider the risks associated with the fund's options-based strategy.