QLDY ETF — Defiance Nasdaq 100 LightningSpread Income ETF

Defiance Nasdaq 100 LightningSpread Income ETF (QLDY)

Updated October 16, 2026.

QLDY is an ETF linked to NASDAQ 100. its distribution rate is 41.31%, its trailing-12-month yield is 47.07%, its expense ratio is 1.04%. Dividend Vision Distribution Safety Score™ is 24/100 (Elevated risk). Total return is 15.5% over the past 1.1 years, 4.4 points behind QQQ at 19.9%.

QLDY performance versus QQQ

Price and return data through 2026-10-16.

Total return is 15.5% over the past 1.1 years, 4.4 points behind QQQ at 19.9%. Its deepest 1-year drawdown was 14.8%.

QLDY key facts

Distribution Safety Score™

24 · Elevated risk

Safety-Adjusted Yield

9.91%

Issuer

Defiance ETFs

Asset type

ETF

Asset class

Equity

Inception date

09/17/2025

Expense ratio

1.04%

Distribution rate

41.31%

Distribution frequency

Twice-Weekly

Trailing yield

47.07%

Last close

$38.35 (as of 2026-10-16)

AUM

$56,281,587

Average volume

66705.0

Dividend

$0.1523

Latest 19(a) ROC estimate

100.00%

Ex-dividend date

10/16/2026

Payment date

10/19/2026

Beta

1.4315

How Dividend Vision calculates yield and returns

Distribution rate (41.31%) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield (47.07%) is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: Defiance ETFs or company page; Index: NASDAQ 100; prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

QLDY risks and drawbacks

Total return has trailed QQQ over the available window. The deepest 1-year drawdown on record here is 14.8%.

Who may consider QLDY — and who may not

It is a weaker fit for investors whose main goal is matching QQQ total return. This is educational context, not a recommendation to buy or sell.

More on QLDY

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Tagged: 0DTE, Basket, Nasdaq100, Options.

Compare QLDY

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Frequently asked questions

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