QLDY:NASDAQDefiance Nasdaq 100 LightningSpread Income ETF analysis
Data as of Oct 17, 2026 - not real-time
- Latest price
- $38.35
- Risk: medium
- 6/10Medium risk
Summary
The moving-average structure behind Defiance NASDAQ 100 Lightningspread Income ETF is bearish at $38.35, with short-term averages lagging the long-term ones. Across the trailing 30 sessions it lost 6.2%. Momentum indicators put RSI at 26.6 (oversold) with MACD reading bearish. Watch $38.17 as support and $42.29 as the nearer resistance level.
The 1.04% expense ratio is expensive for its category, and the fund manages $53.4M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 18.6%, a beta of 1.58 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
The horizons line up on sell — conviction 4 out of 10.
The 1.04% expense ratio is expensive for its category, and the fund manages $53.4M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 18.6%, a beta of 1.58 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 86 on the fear-greed composite.
The horizons line up on sell — conviction 4 out of 10.
Market outlook
Short term
< 1 yearCautious
Model confidence6/106 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 26.6 signals oversold conditions
- Trading below the 200-day average of 43.43
Medium term
1–3 yearsCautious
Model confidence5/105 out of 10
Key factors
- Short-term moving averages stacked below long-term ones
- RSI at 26.6 signals oversold conditions
- Trading below the 200-day average of 43.43
Long term
> 3 yearsCautious
Model confidence4/104 out of 10
Key factors
- High expense ratio of 1.04%
- Beta of 1.58 versus the benchmark
- Maximum drawdown of 27.9%
Key metrics
Fund metrics
Expense Ratio1.04%
AUM$53.4M
Inception Date2025-09-17
Avg Daily Volume47,930
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield26.16%
Technical analysis
TrendBearish
RSI26.6
Support$38.17
Resistance$42.29
MA 20$41.05
MA 50$41.05
MA 200$43.43
MACDBearish
VolumeIncreasing
Fear & Greed Index85.73
Risk assessment
Beta1.58
Volatility18.64%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium
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This analysis may contain inaccuracies and is provided for informational and research purposes only. It is not personal investment advice, a recommendation, or an instruction to buy, sell, or hold any asset.