QQQY

Tidal Trust II Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF

$24.16

+0.00%

Market closed. Last update: 10:54 PM ET

📎 Investment Objective

The Tidal Trust II Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF (QQQY) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the Nasdaq-100 Index, while generating additional income through options strategies.

Overview

ETF tracking Tidal Trust II Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF

Category Technology

Issuer Other

Inception Date 2023-09-14

Market Cap $183.2M

Average Volume N/A

Dividend Yield 7.72%

52-Week Range $23.22 - $33.57

VWAP $24.01

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The ETF aims to achieve its objective by investing primarily in the stocks that make up the Nasdaq-100 Index and implementing an options overlay strategy. This includes selling call options on the Nasdaq-100 Index and buying put options to generate income and provide some downside protection.

✨ Key Features

Seeks to track the performance of the Nasdaq-100 Index
Generates additional income through options strategies
Employs a 0DTE (zero-day-to-expiration) options approach
Relatively low expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
Options risk: The use of options strategies may not be successful and could result in losses
Concentration risk: The ETF is heavily concentrated in the technology sector, which can be volatile
Liquidity risk: The ETF may have difficulty trading certain securities at an advantageous time or price

👤 Best For

This ETF may be suitable for investors seeking exposure to the technology sector with the potential for enhanced income generation. However, due to its options-based strategy and concentration in technology stocks, it may be more appropriate for experienced investors with a higher risk tolerance and a longer investment horizon.