Symbols

QLDY

Defiance Nasdaq 100 LightningSpread Income ETF·NASDAQ

--(--)

Key Stats

Assets Under Management

32.71MUSD

Fund Flows (1Y)

31.18MUSD

Dividend Yield

10.38%

Discount/Premium to NAV

-0.26%

Shares Outstanding

675.00K

Expense Ratio

1.04%

About Defiance Nasdaq 100 LightningSpread Income ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/qldy/

Inception Date

Sep 17, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

QLDY is an actively managed ETF that seeks frequent income while maintaining the opportunity for indirect exposure to the performance of the Nasdaq-100 Index, subject to a limit on potential investment gains. QLDY is the first ETF designed to make distributions twice weekly, aiming to deliver more frequent income than traditional income-focused funds. QLDY seeks to provide investors with consistent income opportunities along with measured equity participation. The strategy is designed to balance potential growth and premium income while recognizing the risks of options trading and market volatility.