QUP
DailyDelta Q100 Upside Option Strategy ETF
📎 Investment Objective
The DailyDelta Q100 Upside Option Strategy ETF (QUP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the DailyDelta Q100 Upside Option Strategy Index.
Overview
ETF tracking DailyDelta Q100 Upside Option Strategy ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The DailyDelta Q100 Upside Option Strategy ETF (QUP) seeks to provide investment results that, before fees and expenses, correspond generally to the performance of the DailyDelta Q100 Upside Option Strategy Index.
🎯 Investment Strategy
The ETF invests primarily in a portfolio of exchange-traded call options on the Nasdaq-100 Index. The fund aims to provide upside exposure to the Nasdaq-100 Index while limiting downside risk through the use of options.
✨ Key Features
- Seeks to provide upside exposure to the Nasdaq-100 Index
- Utilizes a call option strategy to limit downside risk
- Passively managed to track the DailyDelta Q100 Upside Option Strategy Index
- Low expense ratio of 0.00%
⚠️ Primary Risks
- Option strategy risk: The use of options may not be successful and could result in losses
- Market risk: The value of the ETF's holdings may decline due to general market conditions
- Tracking error risk: The ETF may not perfectly track its underlying index
- 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 upside exposure to the Nasdaq-100 Index with a focus on limiting downside risk. It may be appropriate for investors with a higher risk tolerance and a longer-term investment horizon.