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- Upturn Summary
- Fund Details
Upturn AI Summary
YieldMax™ Nasdaq 100 0DTE Covered Call Strategy ETF(QDTY)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for QDTY
10/28/2026: QDTY (2-star) is currently NOT-A-BUY. Pass it for now.
QDTY provides synthetic exposure to the Nasdaq-100 index combined with a high-income strategy by selling 0DTE call options. Its main strengths include the potential for significant monthly income and active management of complex derivative overlays. The fund is best suited for income-focused investors who accept high volatility and the potential for NAV erosion in exchange for cash distributions. Key risks include capped upside potential, sensitivity to market downturns, and the structural complexity of 0DTE derivatives. Investors should monitor market volatility levels and the fund's net asset value performance closely.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
ETF holdings, costs, diversification, valuation, risks, and market conditions provide supporting context about the fund.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Weak fit | The capped upside nature of this strategy is generally ill-suited for pure growth investors. |
| Momentum investor | Mixed fit | This may suit momentum traders attempting to profit from short-term volatility regimes. |
| Value investor | Weak fit | The structural complexity and high volatility do not align with traditional value-oriented objectives. |
| Dividend/Income investor | Strong fit | The fund is specifically designed for income-focused investors seeking high monthly distributions. |
| Low-risk investor | Weak fit | High inherent volatility and the potential for principal erosion make this unsuitable for low-risk portfolios. |
Investor Profile
Ideal Investor Profile
Income-seeking investors who are comfortable with high-frequency derivative risks and want to monetize Nasdaq-100 volatility.
Suitability
Not suitable for passive long-term holders; better suited for tactical income investors who understand the risks of 0DTE strategies.
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Volatility | High | The use of 0DTE options exposes the fund to extreme intraday price swings. |
| Market risk | Medium / high | While call selling provides some buffer, the fund remains highly sensitive to Nasdaq-100 downturns. |
| Concentration | High | The fund is exclusively tied to the performance and volatility of the Nasdaq-100 index. |
| Tracking/expense | Medium | The high 0.99% expense ratio and management of complex derivatives impact total net returns. |
| Liquidity | Medium | Liquidity risk can increase during periods of market stress when option markets become disjointed. |
| Business/sector quality | Medium | The strategy relies on the continued liquidity and trading activity of the Nasdaq-100 option chain. |
Risk Analysis
Volatility
The fund exhibits high volatility due to the nature of 0DTE options, which react aggressively to intraday index moves.
Market Risk
The fund faces systemic risk from the Nasdaq-100; while call selling mitigates small drops, it does not protect against significant market crashes.
What the ETF Owns
| Exposure Type | Exposure | Weight (%) | Retail Investor Read |
|---|---|---|---|
| Derivatives | Nasdaq-100 Index Synthetic Position (Long) | 95 | This provides the underlying price exposure to the Nasdaq-100 companies through synthetic derivative contracts. |
| Cash/collateral | Cash and Cash Equivalents | 5 | Cash is held to collateralize the option positions and maintain fund liquidity. |
Price Behavior
Strong Uptrend
The stock has maintained a strong upward price trend across the last three quarters.
Smooth
The stock has moved along a generally orderly path with only modest fluctuations.
Analysis of Past Performance
Type ETF | Historic Profit 2.81% | Avg. Invested days 40 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  4.0 | ETF Returns Performance  1.0 |
| Profits based on simulation | Last Close 10/28/2026 |
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