Defiance Nasdaq 100 LightningSpread Income ETF QLDY
Source: Yahoo Finance (opens in a new tab) Observed · 1 day ago Quotes may be delayed
- Expense ratio
- 1.04%
- Net assets
- $38.6M
- Holdings
- 6
- 12-month distribution yield
- 5.91%
- Asset class
- Derivatives-based
Defiance Nasdaq 100 LightningSpread Income ETF (QLDY) is an exchange-traded fund listed on the Nasdaq in the United States, issued by Defiance. Its category is Derivatives-based. Its last price was US$39.00 on 20 Oct 2026. Its expense ratio is 1.04% a year, from its prospectus dated 23 May 2025. It reported net assets of US$38.59 million as of 31 May 2026. Its latest holdings report lists 6 holdings as of 31 May 2026. Over the last 12 months it paid distributions of US$2.30 a unit, a 12-month distribution yield of 5.91%, paid weekly.
Fees
- Total annual operating expenses (gross)
- 1.04%
- Net, after fee waivers or reimbursements
- No waiver stated
- Management fee
- 0.99%
- Prospectus date
- 23 May 2025
- Filed with the SEC
- 23 May 2025
Size and reporting
- Net assets
- $38,588,795
- Total assets
- $41,522,570
- Holdings as of
- 31 May 2026
- Report made public
- 27 Jul 2026 (57 days after the month end)
Top holdings
Largest 6 of 6 positions, as of 31 May 2026. Weight is the percent of net assets the fund reported.
| # | Holding | Identifier | Weight | Value (USD) | Type | Country | Currency |
|---|---|---|---|---|---|---|---|
| 1 | NDX 12/18/2026 2001.44 C | No identifier reported | 95.37% | $36.8M | Equity derivatives | United States | USD |
| 2 | First American Government Obli First American Government Obligations Fund | US31846V3362 | 8.30% | $3.2M | Short-term investment vehicles (cash funds) | United States | USD |
| 3 | TREASURY BILL United States Treasury Bill | US912797RG48 | 0.73% | $280K | Debt | United States | USD |
| 4 | XND 12/18/2026 10.44 C | No identifier reported | 0.08% | $29K | Equity derivatives | United States | USD |
| 5 | NDXP US 05/29/26 P30120 | No identifier reported | 0.00% | $0 | Equity derivatives | United States | USD |
| 6 | NDXP US 05/29/26 P30270 | No identifier reported | 0.00% | $0 | Equity derivatives | United States | USD |
Breakdowns
Sums of reported weights over every position in the report. Totals can differ from 100% because of derivatives, borrowing and cash.
Asset type
| Type | Weight | Bar |
|---|---|---|
| Equity derivatives | 95.45% | |
| Short-term investment vehicles (cash funds) | 8.30% | |
| Debt | 0.73% |
Country
| Country | Weight | Bar |
|---|---|---|
| United States | 104.47% |
Currency exposure
| Currency | Weight | Bar |
|---|---|---|
| US dollar (USD) | 104.47% |
Sector
No sector data
Source: SEC Form N-PORT (opens in a new tab) Holdings as of
Distributions
- Paid in the last 12 months
- $2.3040
- 12-month yield
- 5.91%
- Frequency
- Weekly
- Latest ex-date
- 16 Oct 2026
12-month yield = distributions per unit with an ex-date in the last 12 months ($2.3040) ÷ latest price ($39.00) × 100 = 5.91%. It looks back, so it is not a forecast; special distributions in the window are included.
Why a distribution yield is not the fund's return: yield vs total return
Distribution history table (14 payments)
| Ex-date | Amount per unit |
|---|---|
| 16 Oct 2026 | $0.1520 |
| 12 Nov 2025 | $0.1940 |
| 7 Nov 2025 | $0.1940 |
| 5 Nov 2025 | $0.1990 |
| 31 Oct 2025 | $0.2010 |
| 29 Oct 2025 | $0.1980 |
| 24 Oct 2025 | $0.1920 |
| 22 Oct 2025 | $0.1940 |
| 17 Oct 2025 | $0.1930 |
| 15 Oct 2025 | $0.1930 |
| 10 Oct 2025 | $0.1970 |
| 8 Oct 2025 | $0.1970 |
| 3 Oct 2025 | $0.1970 |
| 1 Oct 2025 | $0.1960 |
Filings and sources
- Form N-PORT report for May 2026 (opens in a new tab)
- Prospectus filing with the fee table (opens in a new tab)
- All SEC filings for this fund series (S000092044) (opens in a new tab)
- Nasdaq Trader symbol directory (opens in a new tab)
- Yahoo Finance quote and distributions (opens in a new tab)
- How the ETF figures are collected
Compare with
Largest funds in the same category:
- QLDY and TQQQ ProShares UltraPro QQQ
- QLDY and SOXL Direxion Daily Semiconductor Bull 3X ETF
- QLDY and BBJP JPMorgan BetaBuilders Japan ETF
- QLDY and QLD ProShares Ultra QQQ