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USOY:NASDAQDefiance Oil Enhanced Options Income ETF Analysis

Data as of 2026-08-31 - not real-time

$7.08

Latest Price

7/10Risk

Risk Level: Medium

Executive Summary

At $7.08, Defiance Oil Enhanced Options Income ETF shows a bearish moving-average alignment, with shorter averages beneath longer ones. The last 30 days have lost 3.4%. Relative strength is 50.6 — neutral — and the MACD signal is bullish. Watch $6.59 as support and $7.26 as the nearer resistance level.
The 1.12% expense ratio is expensive for its category, and the fund manages $64.4M in assets.
On a 1-10 scale the risk profile lands at 7 — elevated. With 30-day volatility of 47.3%, a beta of -0.75 and a maximum drawdown of 31.6%, position sizing matters more than entry timing here. The wider market backdrop reads extreme greed at 94 on the fear-greed composite.
Near-term and long-term part ways here — sell short-term against hold longer out, with 4/10 conviction on the long call.

Top Market Events

Defiance Oil Enhanced Options Income ETF USOY announces weekly distribution of $0.

Market Outlook

Short Term

< 1 year
Cautious
Model confidence: 4/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 7.46
  • MACD momentum is positive

Medium Term

1–3 years
Cautious
Model confidence: 4/10

Key Factors

  • Short-term moving averages stacked below long-term ones
  • Trading below the 200-day average of 7.46
  • 30-day volatility of 47.3%

Long Term

> 3 years
Neutral
Model confidence: 4/10

Key Factors

  • High expense ratio of 1.12%
  • 30-day volatility of 47.3%
  • Maximum drawdown of 31.6%

Key Metrics & Analysis

Fund Metrics

Expense Ratio1.12%
AUM$64.4M
Inception Date2024-05-09
Avg Daily Volume251,340
Premium/Discount0.00%
Tracking Error0.00%
Dividend Yield31.91%

Technical Analysis

TrendBearish
RSI50.6
Support$6.59
Resistance$7.26
MA 20$6.98
MA 50$6.99
MA 200$7.46
MACDBullish
VolumeDecreasing
Fear & Greed Index94.07

Risk Assessment

Beta-0.75
Volatility47.35%
Sector RiskMedium
Currency RiskLow
Liquidity RiskMedium

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.