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ALL
AUM
$186621516
P/E ratio
--
Dividend yield
34.7302%
Expense ratio
1.01%
Beta
1.023491
Previous close
$21.98
Today's open
$22.18
Day's range
$22.11 - $22.21
52 week range
$19.92 - $25.90
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Headquarters
US
Exchange
NASDAQ Global Market
Issue type
Exchange-Traded Fund
Equities
Multi Alternative
1.7%
Monthly-Paid Dividends: 21 Ideal 'Safer' July Dogs Ready To Buy
July's top monthly pay (MoPay) dividend equities offer yields up to 17.62% and projected net gains averaging 35.48% by 2027. Seven of the ten highest-yield MoPay stocks also rank among top gainers by analyst targets, indicating a 70% alignment between yield and upside potential. Twenty-four of forty-seven MoPay equities show negative free cash flow margins, flagging dividend sustainability risks; 21 ‘IDEAL' equities meet stringent safety and yield criteria.
Seeking Alpha • Jul 15, 2026

QQQY: Near Full Upside Exposure Changes The Investment Case
Defiance Nasdaq 100 Weekly Distribution ETF is upgraded to Buy following a completed strategy transition and improved performance. QQQY now employs a fully covered, tight call spread structure, prioritizing upside capture over option income and drawdown protection. Performance closely tracks the Nasdaq, outperforming peers in total return during rallies but accepting deeper drawdowns and lower option income.
Seeking Alpha • Jun 20, 2026

Monthly-Paid Dividends, From 29 Ideal 'Safer' May Dogs
May's top monthly pay dividend equities, led by Grupo Financiero Galicia, offer forecasted net gains up to 76.4% by 2027. Yield-based MoPay stock selection proved 50% accurate against analyst gain forecasts, with average net gain projected at 32.16% and moderate risk. Investors should monitor dividend sustainability, as 43 of 81 MoPay equities exhibit negative free cash flow margins, signaling potential payout risks.
Seeking Alpha • May 12, 2026

QQQY: Double-Digit Yield Doesn't Justify The NAV Erosion
Defiance Nasdaq 100 Weekly Distribution ETF offers a 30% yield but suffers from rapid NAV and share price erosion. QQQY's daily synthetic option writing strategy caps upside, fully exposes downside, and has failed to capture market rebounds or protect during declines. The fund's high distributions are increasingly unsustainable, relying on return of capital and leading to a downward spiral in payouts and NAV.
Seeking Alpha • Mar 25, 2026

QQQY Flips Nasdaq Volatility Into a 45% Yield, Paid Weekly! It's Hard To Process
The Defiance Nasdaq 100 Enhanced Options & 0DTE Income ETF ( NASDAQ:QQQY ) launched in September 2023 to deliver enhanced income by selling options that expire the same day they're written.
24/7 Wall Street • Jan 28, 2026

QQQY: NAV Erosion Issues Persist Even With New Strategy
Defiance Nasdaq 100 Target 30 Weekly Distribution ETF remains a Sell due to unsustainable 30% yield targets and persistent NAV erosion. QQQY's strategy shift to daily call spreads has not improved performance, with NAV erosion and underperformance relative to peers like TDAQ, QDTE, and QDTY. The synthetic options structure and required capital gain distributions under the 40 Act further accelerate NAV decline for QQQY.
Seeking Alpha • Jan 9, 2026

QDTE Vs. QQQY: Racing For Upside In 0DTE Income ETFs
QDTE has consistently outperformed QQQ and QQQI in recent months, capturing both upside moves and limiting drawdowns, making it a rare source of alpha among option income ETFs. QQQY's shift from put-selling to call-spread strategies aims to enhance upside capture, but delays and implementation uncertainties keep it as a Hold, despite improved recent performance. Both ETFs offer high-income yields (~30%), with daily 0DTE option activity driving returns, though high yields slightly erode NAV over time.
Seeking Alpha • Nov 25, 2025

20 Ideal 'Safer' MoPay November Dividend Equities And 80 Funds To Buy
November's top monthly pay (MoPay) dividend stocks offer high yields, with most generating annual dividends from a $1,000 investment exceeding their share price. Analyst estimates suggest the top ten MoPay equities could deliver 21.58% to 86.54% total returns by November 2026, though risks and volatility remain elevated. Twenty MoPay stocks are identified as "safer" picks, meeting the criteria of positive free cash flow yields and strong dividend coverage, serving as starting points for further research.
Seeking Alpha • Nov 1, 2025

26 Ideal 'Safer' MoPay October Dividend Equities And 80 Funds To Buy
October's top monthly dividend stocks offer high yields, with many providing annual dividends from $1,000 invested exceeding share prices, but carry volatility risks. Banco Macro, ARMOUR Residential, and Horizon Technology Finance lead projected gains, with average net gain estimates of 39.98% on $1,000 invested. Analyst estimates suggest the five lowest-priced MoPay stocks may outperform the top ten overall, highlighting contrarian opportunities for income-focused investors.
Seeking Alpha • Oct 2, 2025

31 Ideal 'Safer' Monthly Paying September Dividend Stocks And 80 Funds
Imagine stocks and funds paying you dividends monthly! Your angst awaiting dividend payout is reduced 300%, or more, compared to quarterly, semi-annual, or (ugh) annual doles! September U.S. exchange-traded-monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks-by-yield (77); 2. Stocks-by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10% (80); 4. ‘Safer' Ideal-Dividend-Equities by Cash Flow Margins (31). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. 5. Safer Equity Rankings All per prices as of 8/29/25.
Seeking Alpha • Sep 4, 2025

¹ Disclosures

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