Summary
QLDY
Prices · period metrics · 12M
NAV as of 20/07/2026
18/09/2025 → 09/07/2026
Return 15.78% Volatility 21.67% Sharpe 1.03
Official loaded data — not a live quote.

DEFIANCE NASDAQ 100 LIGHTNINGSPREAD(TM) INCOME ETF

Symbol: QLDY

Exchange: NASDAQ

Sector: Technology

Category: Derivative Income

Inception date: 17/09/2025

Latest date: 20/07/2026

Current price: $42.31

Expense ratio: 1.04%

Assets under management
$48.5M
-1.19% daily change

Period performance

Adjusted cumulative ETF performance, normalized to the first available adjusted price in the selected period.

Adjusted return
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Performance metrics

Period total return

-6.86%

Ann. 333.32% (Sharpe / Sortino numerator)

Volatility

17.07%

Sharpe ratio

19.311

VaR 95%

-1.05%

CVaR 95%: -1.23%
Max drawdown: -3.02%
Sortino ratio: 43.830
Calmar ratio: 110.25

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

7.36%

Ann. 136.18% (Sharpe / Sortino numerator)

Volatility

21.24%

Sharpe ratio

6.242

VaR 95%

-2.06%

CVaR 95%: -2.31%
Max drawdown: -10.37%
Sortino ratio: 11.398
Calmar ratio: 13.13

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

14.08%

Ann. 45.58% (Sharpe / Sortino numerator)

Volatility

19.45%

Sharpe ratio

2.157

VaR 95%

-2.06%

CVaR 95%: -2.36%
Max drawdown: -14.57%
Sortino ratio: 3.603
Calmar ratio: 3.13

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Period total return

15.78%

Ann. 25.92% (Sharpe / Sortino numerator)

Volatility

21.67%

Sharpe ratio

1.031

VaR 95%

-2.24%

CVaR 95%: -2.82%
Max drawdown: -14.84%
Sortino ratio: 1.565
Calmar ratio: 1.75

The performance chart and period total return use a rolling window to the latest adjusted close. For 1M/3M/6M/... periods, default behavior is Yahoo-style rolling (first session on or after "latest date minus N calendar months" through the latest quote). If the calendar is already in a new month, the last quote is near month-end, and there is no current-month data yet, the window switches to N full calendar months ending in that quote month. Sharpe, Sortino, VaR and related metrics still come from the latest batch row. Sharpe/Sortino use annualized excess return versus the US risk-free rate, so a positive chart can still show a negative ratio if annualized return is below cash.

Daily returns for period 12M

Daily simple returns from the same adjusted closes used by the performance chart: 18/09/2025 - 20/07/2026.

Methodology: adjusted prices + daily simple return
Average daily return

0.08%

Best day

3.609%

08/04/2026
Worst day

-4.909%

05/06/2026
Days with data

208

Recent price history (last 90 days)

Date Open High Low Close Volume
20/07/2026 $42.82 $42.90 $42.31 $42.31 27,300
17/07/2026 $41.98 $42.78 $41.64 $42.41 50,600
16/07/2026 $43.74 $43.76 $43.04 $43.17 52,700
15/07/2026 $44.68 $44.68 $43.72 $44.10 45,400
14/07/2026 $44.52 $44.62 $44.17 $44.52 34,500
13/07/2026 $44.96 $44.96 $43.88 $44.05 46,600
10/07/2026 $44.62 $44.99 $44.29 $44.99 31,100
09/07/2026 $44.39 $44.95 $44.22 $44.78 45,200
08/07/2026 $43.63 $43.97 $43.20 $43.97 23,600
07/07/2026 $44.42 $44.42 $43.74 $43.92 76,200