QQQY - Defiance Nasdaq 100 Enhanced Option Income ETF (USD) (US88636J1549)

The Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY) is an actively ETF. This ETF aims to achieve its objective by investing in a portfolio of Nasdaq 100 stocks and writing covered call options on those stocks. The Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY) trades on the New York Stock Exchange (NYSE Arca) under the ticker symbol QQQY. ISIN code is US88636J1549. It is a relatively new ETF, having launched in September 2023, but has quickly gained traction among investors seeking alternative income-generating strategies. Generating Income with the Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY): The ETF is designed to provide investors with exposure to the Nasdaq 100 Index, which tracks the performance of the 100 largest non-financial companies listed on the Nasdaq Stock Market. This index is known for its high growth potential, driven by innovative companies in sectors like technology, healthcare, and consumer discretionary. The ETF actively manages its portfolio by writing covered call options on the stocks it holds. Covered call writing involves selling the right, but not the obligation, to buy a specific stock at a certain price on or before a specific date. This strategy generates income through option premiums, but also limits the potential upside of the stock holdings. Key Features of Defiance Nasdaq 100 Enhanced Option Income ETF (QQQY): Enhanced Option Income: The ETF utilizes covered call writing to generate income through option premiums, potentially enhancing returns. Morningstar Rating: The ETF has a Morningstar Rating of 3 out of 5 stars, reflecting its relatively new launch but positive performance.

The Defiance Nasdaq 100 Enhanced Option Income ETF (USD) is a(n) Multi Asset Exchange Traded Funds (ETF) seeks to invest in Undefined sector located in USA. The Defiance ETFs fund’s base currency is USD and the share class was registered 14.09.2023 with unique ISIN - US88636J1549. Main exchange is NASDAQ and ticker symbol is QQQY. The total expense ratio is 0.99%. The Defiance Nasdaq 100 Enhanced Option Income ETF (USD) pays dividends 12 time(s) per year.