Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) Performance
QQQY total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +13.9% since Dec 31, 2025
- 1 year
- +15.2% total return
- 3 years
- +15.7% a year
- Since first price
- +14.2% a year since 2023
QQQY trailing returns vs SPY, QQQ, AGG
| Period | QQQY total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −5.2% | −7.9% | −1.0% | −5.0% | +0.9% |
| 3 months | +2.1% | −5.3% | +3.2% | +1.9% | −0.4% |
| 6 months | +8.0% | −7.2% | +7.8% | +8.4% | −1.5% |
| YTD | +13.9% | −10.7% | +12.3% | +15.1% | −1.0% |
| 1 year | +15.2% | −15.9% | +14.4% | +15.9% | −1.1% |
| 3 years | +55.0%+15.7%/yr | −62.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| Since inceptionSep 14, 2023 | +51.1%+14.2%/yr | −65.2% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQQY vs SPY
From Sep 14, 2023: QQQY grew to $15,114, SPY to $17,559.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQY returns by calendar year
2 of 2 full years positive. Best 2025 (+15.0%), worst 2024 (+7.7%). 2026 is year to date.
QQQY annual returns table
| Year | QQQY | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +13.9% | −11.1% | +12.3% | +15.1% | −1.0% |
| 2025 | +15.0% | −18.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +7.7% | −10.1% | +24.9% | +25.6% | +1.3% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQQY largest drawdowns
Now 6.7% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Dec 16, 2024 | −19.0% | Apr 10, 2025 | Jul 14, 2025 | 4 months | 7 months |
| Jan 28, 2026 | −11.1% | Mar 30, 2026 | Apr 15, 2026 | 2 months | 3 months |
| Jun 2, 2026 | −10.5% | Jul 29, 2026 | Sep 21, 2026 | 57 days | 4 months |
| Jul 10, 2024 | −10.1% | Aug 5, 2024 | Dec 4, 2024 | 26 days | 5 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQY risk statistics
| Statistic | 3 years |
|---|---|
| Annualized return | +17.6% |
| Volatility (annualized) | 15.1% |
| Sharpe ratio | 0.87 |
| Sortino ratio | 1.84 |
| Best month | +14.8% |
| Worst month | −5.9% |
| Best 12 months | +37.7% |
| Worst 12 months | −2.3% |
| Positive months | 61% |
| Beta vs S&P 500 | 1.05 |
| Correlation with S&P 500 | 0.87 |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQQY rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 26 | −2.3% | +14.7% | +37.7% | 92% |
| 3-year (a year) | 2 | +16.0% | +16.8% | +17.6% | 100% |
Every holding period starting at a month-end since 2023. Returns for 3 years and longer are annualized.
QQQY performance overview
Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) returned +15.2% over the past year, with distributions reinvested. Since its first recorded price in 2023 it has returned +14.2% a year, turning $10,000 into about $15,114. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −19.0%, from Dec 16, 2024 to Apr 10, 2025, and it took 3 months to get back to the old high. Volatility has been 15.1% a year.
Related: QQQY chart, QQQY dividends. See the QQQY overview for the latest quote and fund facts.
QQQY performance FAQ
What is the QQQY return over the past year?
QQQY returned +15.2% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 15.9%.
How much would $10,000 invested in QQQY be worth?
$10,000 invested in QQQY at its first recorded close on September 14, 2023 would be worth about $15,114 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQY?
The worst calendar year was 2024, with a total return of +7.7%. The best was 2025 at +15.0%.
What is the biggest drawdown of QQQY?
The largest peak-to-trough decline was −19.0% between December 16, 2024 and April 10, 2025. It recovered to the old high on July 14, 2025, 3 months after the bottom.
How volatile is QQQY?
Over the past 3 years QQQY had an annualized volatility of 15.1% and a Sharpe ratio of 0.87 (excess return over 1–3 month T-bills per unit of risk).