Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
Help & Tutorial 
Cancel anytime
- Chart
- Upturn Summary
- Highlights
- About
YieldMax™ Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY)
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- Pass (Skip investing)
Stock price based on last close (see disclosures)
- ALL
- YEAR
- MONTH
- WEEK
Upturn Advisory Summary
08/14/2025: QDTY (1-star) has a low Upturn Star Rating. Not recommended to BUY.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type ETF | Historic Profit 3.48% | Avg. Invested days 10 | Today’s Advisory Consider higher Upturn Star rating |
Upturn Star Rating | Upturn Advisory Performance  5.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 08/14/2025 |
Key Highlights
Volume (30-day avg) - | Beta - | 52 Weeks Range 34.25 - 46.98 | Updated Date 06/6/2025 |
52 Weeks Range 34.25 - 46.98 | Updated Date 06/6/2025 |
Upturn AI SWOT
YieldMax™ Nasdaq 100 0DTE Covered Call Strategy ETF
ETF Overview
Overview
The YieldMaxu2122 Nasdaq 100 0DTE Covered Call Strategy ETF (QDTE) aims to generate income by selling covered call options on the Nasdaq 100 index with a 0-day to expiration (0DTE) strategy. It provides exposure to the Nasdaq 100 while seeking to enhance yield through option premiums.
Reputation and Reliability
YieldMax is a relatively new issuer specializing in covered call ETFs. Reputation is still developing; reliability is tied to the strategy's consistent execution.
Management Expertise
Management expertise lies in structured products and derivatives, essential for implementing the complex 0DTE covered call strategy.
Investment Objective
Goal
To generate current income by selling covered call options on the Nasdaq 100 index, primarily using a 0DTE strategy.
Investment Approach and Strategy
Strategy: The ETF does not track a specific index in the traditional sense. It implements a covered call strategy by selling short-dated (0DTE) call options on the Nasdaq 100 index.
Composition The ETF holds a combination of cash and derivatives contracts, specifically short-dated call options on the Nasdaq 100 index. It relies heavily on active management to execute the options strategy.
Market Position
Market Share: Data unavailable due to the specialized nature of the ETF and the lack of direct competitors.
Total Net Assets (AUM): Data not available in real-time, but is dynamically updated.
Competitors
Key Competitors
- TQQQ
- QLD
- QQQ
Competitive Landscape
The competitive landscape includes traditional Nasdaq 100 tracking ETFs and leveraged ETFs. QDTE offers a unique income-generating approach. Advantages include high potential income. Disadvantages include potential underperformance in strong bull markets and high operational complexity.
Financial Performance
Historical Performance: Historical performance data unavailable due to the ETF's recent inception.
Benchmark Comparison: Comparison to Nasdaq 100 performance is relevant, but the covered call strategy introduces significant deviations. Traditional benchmarks are not directly applicable.
Expense Ratio: 0.99
Liquidity
Average Trading Volume
Average trading volume is moderate and depends on investor interest in income-generating strategies.
Bid-Ask Spread
The bid-ask spread is variable and influenced by market conditions and trading volume of the ETF and the options.
Market Dynamics
Market Environment Factors
Economic conditions, interest rates, and volatility in the technology sector influence the ETF's performance. High market volatility can increase option premiums, benefiting the ETF.
Growth Trajectory
Growth depends on the ETF's ability to consistently generate income from covered call options and maintain investor interest in its unique strategy. Changes in options trading strategies and Nasdaq 100 composition will also impact it.
Moat and Competitive Advantages
Competitive Edge
QDTE's competitive edge lies in its 0DTE covered call strategy on the Nasdaq 100, offering potentially higher income than traditional covered call ETFs. This niche focus can attract income-seeking investors. However, the daily options trading and its potential impact on capital needs makes the ETF's strategy more complex to manage. Success hinges on efficient execution and market volatility.
Risk Analysis
Volatility
Volatility is high due to the 0DTE options strategy and the underlying Nasdaq 100 index. This is reflected in the fund's beta and standard deviation.
Market Risk
Market risk is tied to the performance of the Nasdaq 100 index. Additionally, there's the risk of miscalculating the premiums, option execution costs, and overall risk-reward of the daily options.
Investor Profile
Ideal Investor Profile
Suitable for experienced investors seeking high current income and willing to accept potentially lower capital appreciation and increased risk.
Market Risk
More suited for active traders and income-focused investors with a higher risk tolerance rather than passive index followers or long-term investors.
Summary
QDTE offers income through a 0DTE covered call strategy on the Nasdaq 100. It suits experienced investors seeking high income but carries increased volatility and complexity. It's not for passive investors, and success depends on the YieldMax team's proficiency in the 0DTE market. Given its structure, QDTE is not designed for long-term capital appreciation but rather consistent income generation.
Peer Comparison
Sources and Disclaimers
Data Sources:
- YieldMax official website
- ETF.com
- Seeking Alpha
- Morningstar
Disclaimers:
This analysis is based on available information and should not be considered financial advice. Investors should conduct their own research before making investment decisions.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About YieldMax™ Nasdaq 100 0DTE Covered Call Strategy ETF
Exchange NASDAQ | Headquaters - | ||
IPO Launch date - | CEO - | ||
Sector - | Industry - | Full time employees - | Website |
Full time employees - | Website | ||
The fund seeks to achieve its investment objective by employing a synthetic covered call strategy, designed to generate current income on a weekly basis while also providing exposure to the price return of the Nasdaq 100 Index. In executing this strategy, the manager will utilize call options that reference the Index or on passively managed ETFs that seek to track the index"s performance ("index ETFs"). The fund is non-diversified.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.