QQQY
Nasdaq 100 Enhanced Options & 0DTE Income ETF
Distribution Rate *
35.93%
As of 12/04/2024
Distribution Frequency
Weekly
30-Day SEC Yield **
3.31%
As of 11/30/2024
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383. Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns. Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
QQQY, the first put-write ETF using daily options (0DTE) to seek enhanced yield for investors. Paid Weekly. 1
QQQY aims to achieve consistent weekly yield distributions for investors coupled with equity market exposure to the Nasdaq-100. QQQY is an actively managed exchange-traded fund (“ETF”) that seeks enhanced income, constructed of treasuries and Nasdaq-100 index options. The strategy’s objective is to generate weekly distributions by selling option premium on a daily basis. The fund uses daily options to realize rapid time decay by selling in the money puts.
Investment Objective
The Fund’s primary investment objective is to seek current income. The Fund’s secondary investment objective is to seek exposure to the performance of the Nasdaq 100 Index (the “Index”) subject to a limit on potential investment gains.
There is no guarantee that the Fund’s investment strategy will be properly implemented, and an investor may lose some or all of its investment. While the ETF seeks to provide weekly income, there is no assurance a distribution will be made. If distributions are made, it is likely such distributions will vary greatly from one distribution to the next.
Distribution from QQQY include the following estimated return of capital per the 11/8/24 19-a1 Notice: 77.09%. Distributions which include return of capital decrease the Fund’s NAV and trading price which over time can result in losses on an investment.
Fund Details
Data as of 12/06/2024
Net Assets
$183.42M
Premium/discount
-0.09%
NAV
$33.45
Closing Price
$33.42
Shares Outstanding
5,483,308
Median 30 Day Spread
0.03%
Fund inception
09/13/23
Ticker
QQQY
Primary Exchange
NASDAQ
CUSIP
88636J154
Fund Holdings
9
NAV Symbol
QQQY.NV
Expense Ratio
0.99%
30 Day SEC Yield*
3.31%
* Yield as of 11/30/2024
QQQYMarket Price
Performance
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 11.92% | 3.92% | 3.92% | 6.60% | 16.85% | xx.xx% | xx.xx% | 20.53% |
| Market Price (%) | 11.81% | 3.92% | 3.79% | 6.61% | 16.92% | xx.xx% | xx.xx% | 20.69% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | 16.85% | 16.63% |
| Market Price (%) | 16.92% | 16.76% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 7.70% | -1.26% | 0.21% | 7.82% | 19.23% | xx.xx% | xx.xx% | 15.99% |
| Market Price (%) | 7.59% | -1.40% | 0.12% | 7.68% | 19.21% | xx.xx% | xx.xx% | 16.13% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | 19.23% | 14.00% |
| Market Price (%) | 19.21% | 14.13% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 9.07% | 1.28% | -0.49% | 4.99% | 19.70% | xx.xx% | xx.xx% | 17.46% |
| Market Price (%) | 4.65% | 1.29% | -4.42% | 0.90% | 14.91% | xx.xx% | xx.xx% | 12.96% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | 19.70% | 16.63% |
| Market Price (%) | 14.91% | 12.35% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 7.69% | 0.20% | 2.57% | 4.42% | xx.xx% | xx.xx% | xx.xx% | 15.98% |
| Market Price (%) | 3.32% | 0.25% | -1.49% | 0.32% | xx.xx% | xx.xx% | xx.xx% | 11.53% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 7.48% | -1.95% | 7.60% | 6.76% | xx.xx% | xx.xx% | xx.xx% | 15.75% |
| Market Price (%) | 3.06% | -5.87% | 3.15% | 2.54% | xx.xx% | xx.xx% | xx.xx% | 11.25% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 9.61% | 4.40% | 5.51% | 9.61% | xx.xx% | xx.xx% | xx.xx% | 18.04% |
| Market Price (%) | 9.49% | 4.40% | 5.57% | 9.49% | xx.xx% | xx.xx% | xx.xx% | 18.19% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 4.99% | 5.11% | 1.80% | 9.62% | xx.xx% | xx.xx% | xx.xx% | 13.07% |
| Market Price (%) | 4.88% | 4.96% | 1.83% | 9.67% | xx.xx% | xx.xx% | xx.xx% | 13.21% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | -0.12% | -3.85% | -0.79% | 10.57% | xx.xx% | xx.xx% | xx.xx% | 7.57% |
| Market Price (%) | -0.08% | -3.66% | -0.58% | 10.71% | xx.xx% | xx.xx% | xx.xx% | 7.85% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 3.88% | 0.73% | 3.88% | 14.01% | xx.xx% | xx.xx% | xx.xx% | 11.88% |
| Market Price (%) | 3.72% | 0.70% | 3.72% | 13.89% | xx.xx% | xx.xx% | xx.xx% | 11.95% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 3.13% | 2.44% | 7.67% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 11.07% |
| Market Price (%) | 3.00% | 2.48% | 7.70% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 11.17% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | 0.67% | 0.67% | 11.45% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 8.42% |
| Market Price (%) | 0.51% | 0.51% | 11.36% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 8.49% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | 4.41% | 9.74% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 7.70% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | 6.03% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 3.15% |
| Market Price (%) | xx.xx% | 5.96% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | 3.23% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | -0.87% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -2.72% |
| Market Price (%) | xx.xx% | -0.90% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -2.58% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| YTD | 1 Month | 3 Months | 6 Months | 1 Year | 3 Years | 5 Years | Since Inception | |
|---|---|---|---|---|---|---|---|---|
| Total Return NAV (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -1.87% |
| Market Price (%) | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | xx.xx% | -1.70% |
| 1 Year | Since Inception | |
|---|---|---|
| Total Return (%) | xx.xx% | xx.xx% |
| Market Price (%) | xx.xx% | xx.xx% |
| 2023 | |
|---|---|
| Total Return NAV(%) | xx.xx% |
| Market Price (%) | xx.xx% |
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Performance current to the most recent month-end can be obtained by calling 833.333.9383.
Short term performance, in particular, is not a good indication of the fund’s future performance, and an investment should not be made based solely on returns.
Market price is the price at which shares in the ETF can be brought or sold on the exchanges during trading hours, while the net asset value (NAV) represents the value of each share’s portion of the fund’s underlying assets and cash at the end of the trading day.
Top Holdings
| Name | Symbol | Stock price | % Net assets | Shares Held | Market Value |
|---|---|---|---|---|---|
| United States Treasury Note/bond 3% 07/15/2025 | 91282CEY3 | $99.26 | 27.65% | 51,084,000 | $50,703,850 |
| United States Treasury Note/bond 3.875% 01/15/2026 | 91282CGE5 | $99.64 | 26.74% | 49,225,000 | $49,046,175 |
| United States Treasury Bill 02/13/2025 | 912797MK0 | $99.21 | 10.96% | 20,251,000 | $20,091,336 |
| United States Treasury Bill 03/11/2025 | 912797NQ6 | $98.91 | 10.96% | 20,315,000 | $20,093,059 |
| United States Treasury Bill 01/16/2025 | 912797LY1 | $99.54 | 10.95% | 20,182,000 | $20,089,651 |
| Cash & Other | Cash&Other | $1.00 | 9.56% | 17,524,775 | $17,524,775 |
| United States Treasury Note/bond 2.625% 04/15/2025 | 91282CEH0 | $99.41 | 3.39% | 6,250,000 | $6,213,378 |
| First American Government Obligations Fund 12/01/2031 | FGXXX | $100.00 | 0.20% | 375,083 | $375,083 |
| Ndxp Us 12/09/24 P21660 | NDXP 241209P21660000 | $84.15 | -0.41% | -89 | $-748,935 |
Data as of 12/09/2024. Fund holdings are subject to change at any time and should not be considered recommendations to buy or sell any security.
View full holdings
| Download Fund Documents |
|---|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Distribution
| Declaration Date | Ex-Div Date | Record Date | Payable Date | Amount ($) | |
|---|---|---|---|---|---|
| 9/29/2023 | 10/2/2023 | 10/3/2023 | 10/5/2023 | $1.10 | |
| 10/31/2023 | 11/1/2023 | 11/2/2023 | 11/6/2023 | $1.00 | |
| 11/30/2023 | 12/1/2023 | 12/4/2023 | 12/6/2023 | $0.93 | |
| 12/27/2023 | 12/28/2023 | 12/29/2023 | 1/4/2024 | $0.62 | |
| 1/31/2024 | 2/1/2024 | 2/2/2024 | 2/6/2024 | $0.85 | |
| 2/29/2024 | 3/1/2024 | 3/4/2024 | 3/6/2024 | $0.80 | |
| 3/28/2024 | 4/1/2024 | 4/2/2024 | 4/4/2024 | $0.79 | |
| 4/30/2024 | 5/1/2024 | 5/2/2024 | 5/6/2024 | $0.8587 | |
| 5/31/2024 | 6/3/2024 | 6/3/2024 | 6/5/2024 | $0.8013 | |
| 6/28/2024 | 7/1/2024 | 7/1/2024 | 7/3/2024 | $0.6573 | |
| 7/30/2024 | 7/31/2024 | 7/31/2024 | 8/2/2024 | $0.8342 | |
| 8/30/2024 | 9/3/2024 | 9/3/2024 | 9/5/2024 | $3.4594 | |
| 9/30/2024 | 10/1/2024 | 10/1/2024 | 10/3/2024 | $1.9935 | |
| 10/9/2024 | 10/10/2024 | 10/10/2024 | 10/11/2024 | $0.3448 | |
| 10/16/2024 | 10/17/2024 | 10/17/2024 | 10/18/2024 | $0.2762 | |
| 10/23/2024 | 10/24/2024 | 10/24/2024 | 10/25/2024 | $0.2741 | |
| 10/30/2024 | 10/31/2024 | 10/31/2024 | 11/1/2024 | $0.2553 | |
| 11/6/2024 | 11/7/2024 | 11/7/2024 | 11/8/2024 | $0.2661 | |
| 11/13/2024 | 11/14/2024 | 11/14/2024 | 11/15/2024 | $0.3397 | |
| 11/20/2024 | 11/21/2024 | 11/21/2024 | 11/22/2024 | $0.2457 | |
| 11/26/2024 | 11/27/2024 | 11/27/2024 | 11/29/2024 | $0.2827 | |
| 12/4/2024 | 12/5/2024 | 12/5/2024 | 12/6/2024 | $0.2310 | |
| 12/11/2024 | 12/12/2024 | 12/12/2024 | 12/13/2024 | x.xx | |
| 12/18/2024 | 12/19/2024 | 12/19/2024 | 12/20/2024 | x.xx | |
| 12/24/2024 | 12/26/2024 | 12/26/2024 | 12/27/2024 | x.xx |
| Distribution Rate *
As of 12/04/2024 |
35.93% |
| Distribution Frequency | Weekly |
| 30-Day SEC Yield ** As of 11/30/2024 |
3.31% |