QQQT Stock Summary and Trading Ideas (Defiance Nasdaq 100 Income Target ETF | NASDAQ:QQQT)

The Fund is an actively managed exchange-traded fund ("ETF") that primarily seeks to generate current income. The Fund's strategy involves holding shares of unaffiliated passively managed ETFs that seek to track the performance of the Index ("Index ETFs") and selling daily credit call spreads on the Index. The Fund's daily credit call spread strategy consists of selling a call option and simultaneously buying another call option at a higher strike price for income generation.

Defiance Nasdaq 100 Income Target ETF trades on the NASDAQ stock market under the symbol QQQT.

As of March 14, 2025, QQQT stock price climbed to $16.95 with 5,732 million shares trading.

QQQT has a beta of 1.23, meaning it tends to be more sensitive to market movements. QQQT has a correlation of 0.88 to the broad based SPY ETF.

QQQT has a market cap of $20.76 million. This is considered a Sub-Micro Cap stock.

QQQT support price is $16.31 and resistance is $16.85 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that QQQT shares will trade within this expected range on the day.