YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF
QDTY
NASDAQ Global Select- -
USD
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Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management - Income
- Address
- 11755 Wilshire Blvd, Suite 2400 Los Angeles CA United States of America 90025
- IPO Date
- Feb 13, 2025
- Website
- yieldmaxetfs.com
- Similar Companies
- Business
- YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an actively managed exchange-traded fund that seeks current income and secondary capital appreciation through a synthetic covered call strategy linked to the Nasdaq 100 Index. The fund generates income primarily by selling out-of-the-money, zero days to expiration (0DTE) call options on the Nasdaq 100 Index or related index ETFs each business day at market open; it establishes synthetic long exposure by purchasing call options while aiming to distribute income weekly to shareholders. QDTY trades on the Nasdaq exchange under the ticker QDTY with CUSIP 88636R578 and a gross expense ratio of 1.01%; its holdings typically include short-term 0DTE call options, longer-dated call options for synthetic exposure, and cash equivalents such as the First American Government Obligations Fund. Launched on February 12, 2025, QDTY operates as part of the YieldMax ETFs suite issued through Tidal ETF Services and distributed by Foreside Fund Services, LLC, with no direct affiliation to the Nasdaq 100 Index constituents or related entities. YieldMax ETFs, the adviser behind QDTY, has expanded aggressively in 2025 with new product launches including the Target 12 Big 50 Option Income ETF (BIGY) in November, Target 25 ETFs such as MSST and NVDA-focused funds, and European UCITS ETFs like YMAG, NATY, and ULTY via partnerships with HANetf; these developments reflect YieldMax's strategic shift toward diversified option-income strategies and international distribution. QDTY targets income-seeking investors exposed to large-cap technology and growth sectors via the Nasdaq 100 Index, which comprises 100 of the largest non-financial Nasdaq-listed companies by market capitalization, though the fund's call-writing caps upside participation while fully exposing investors to downside risks not fully offset by option premiums. The fund is non-diversified, subject to high portfolio turnover, derivatives, liquidity, and counterparty risks inherent to daily 0DTE options trading; distributions may include return of capital, potentially eroding NAV over time. YieldMax ETFs maintains operations aligned with U.S. ETF infrastructure, with key service providers including U.S. Bancorp Fund Services in Milwaukee, WI, and legal entities registered in Wilmington, DE.