QLDY Overview

ETF Inflows: The QLDY ETF experienced the largest increase in inflows, adding 50,000 units, which represents a 40.0% rise in outstanding units.

Author's Perspective: The opinions expressed in the article are those of the author and do not necessarily reflect the views of Nasdaq, Inc.

New ETF Launch: Defiance ETFs has introduced the Defiance Nasdaq 100 LightningSpread Income ETF (QLDY), which offers income distributions twice a week, on Mondays and Thursdays, marking a departure from traditional quarterly or monthly dividend schedules.

Investment Strategy: The ETF employs a unique "LightningSpread" strategy, combining long-term call options with daily short-term trades on the Nasdaq 100 to generate income, while also investing surplus cash in short-term Treasuries for additional yield.