QLDY:NASDAQDefiance Nasdaq 100 LightningSpread Income ETF Analysis
Data as of 2026-09-08 - not real-time
$40.73
Latest Price
6/10Risk
Risk Level: Medium
Executive Summary
The moving-average structure behind Defiance NASDAQ 100 Lightningspread Income ETF is bearish at $40.73, with short-term averages lagging the long-term ones. Momentum indicators put RSI at 42.6 (neutral) with MACD reading bullish. Watch $40.06 as support and $43.09 as the nearer resistance level.
The 1.04% expense ratio is expensive for its category, and the fund manages $51.0M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 22.3%, a beta of 1.54 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 4/10 long-term conviction.
The 1.04% expense ratio is expensive for its category, and the fund manages $51.0M in assets.
Risk scores 6 out of 10, which is elevated for this asset class. With 30-day volatility of 22.3%, a beta of 1.54 and a maximum drawdown of 27.9%, position sizing matters here. The wider market backdrop reads extreme greed at 93 on the fear-greed composite.
This one splits by horizon — sell in the near term, hold further out, at 4/10 long-term conviction.
Top Market Events
Defiance NASDAQ 100 Lightningspread Income ETF QLDY announces bi-weekly distribution of $0.Microsoft and our third-party vendors use cookies to store and access information such as unique IDs and personal...
Market Outlook
Short Term
< 1 yearCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 44.48
- MACD momentum is positive
Medium Term
1–3 yearsCautious
Model confidence: 4/10
Key Factors
- Short-term moving averages stacked below long-term ones
- Trading below the 200-day average of 44.48
- MACD momentum is positive
Long Term
> 3 yearsNeutral
Model confidence: 4/10
Key Factors
- High expense ratio of 1.04%
- Beta of 1.54 versus the benchmark
- Maximum drawdown of 27.9%
Key Metrics & Analysis
Fund Metrics
Expense Ratio1.04%
AUM$51.0M
Inception Date2025-09-17
Avg Daily Volume28,900
Premium/Discount0.00%
Tracking Error0.00%
Technical Analysis
TrendBearish
RSI42.6
Support$40.06
Resistance$43.09
MA 20$41.29
MA 50$42.33
MA 200$44.48
MACDBullish
VolumeDecreasing
Fear & Greed Index93.45
Risk Assessment
Beta1.54
Volatility22.27%
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.