QDWN DailyDelta Q100 Downside Option Strategy ETF
Quote as of Dec 01, 2025 14:46 UTC · Market data delayed approximately 15–20 minutes unless otherwise indicated.
| Previous Close | 8.54 | Day Range | 8.54 – 9.40 |
| 52-Week Range | 7.61 – 35.56 | Volume | 6 |
| Avg Volume | 322 | AUM | $76.3K (Aug 26, 2026) |
| Expense Ratio | 1.35% | Yield (TTM) | — |
| NAV | 7.97 | Premium/Discount | +7.21% indicative |
| Inception | Mar 09, 2025 | Holdings | — |
| Issuer | DailyDelta | Exchange | AMEX |
| Category | International | Index Tracked | Nasdaq-100 |
| CUSIP | 862785201 | ISIN | US8627852010 |
| Structure | Inverse | ||
| Management | Actively managed (per issuer description) | ||
About this ETF
QDWN aims for capital appreciation while limiting single-day risk. The fund seeks inverse exposure to the Nasdaq-100 Index's daily downside by investing in cash-settled, exchange-traded put options that typically have a short time to expiration (i.e., one week or less). Under normal market conditions, the fund purchases closest to at-the-money options contracts with daily expiration. On days when the Nasdaq-100 Index is flat or positive, the fund limits downside risk to 10% or less of its net asset value (NAV), setting a daily option loss limit equal to the amount spent on option premiums. The remaining 90% is held in short-term US Treasury securities, with an average portfolio effective duration of approximately six months. The fund is actively managed and does not invest directly in the Nasdaq-100 Index nor in companies that it comprises. Thus, the funds performance will differ from that of the index.
Description from the fund data provider · profile as of Aug 26, 2026.
Price Chart
Daily closing prices (price return, not total return). Comparison lines are normalized to percent change from the range start. Source: Financial Modeling Prep.
Performance
| 1M | 3M | 6M | YTD | 1Y | 3Y* | 5Y* | 10Y* | Incep.* | |
|---|---|---|---|---|---|---|---|---|---|
| Price return | +8.79% | -31.90% | -54.36% | — | — | — | — | — | -65.85% |
| Total return | +8.79% | -31.90% | -53.76% | — | — | — | — | — | -65.41% |
* Annualized. Total return uses the dividend-adjusted price series (distributions reinvested); price return uses unadjusted closes. Performance through Dec 01, 2025. Past performance does not guarantee future results.
Fees
| Net expense ratio | 1.35% | Annual cost of a $10,000 investment | $135.00 |
Illustrative calculation only: expense ratio × $10,000. It excludes trading costs, bid/ask spreads, taxes and changes in investment value. Gross vs. net expense details and any fee waivers are in the prospectus.
Holdings
Sector Exposure
Geographic Exposure
Country weights as reported by the data provider. Developed/emerging/frontier labels follow the classification on the Methodology page. Currency hedged: No hedging indicated in the fund name.
Distributions
| Yield (TTM) | — | Paid (last 12 months) | — |
| Frequency | — | SEC yield | Not provided by our data source — see the issuer page |
| Last ex-date | — | Last payment | — |
| Growth 1Y | — | Growth 3Y / 5Y (ann.) | — / — |
No distributions in our database for this fund — it may not pay them, or history has not loaded yet.
Risk Statistics
Liquidity
| Volume today | 6 | Average volume | 322 |
| AUM | $76.3K | Premium/Discount | +7.21% |
| Bid/Ask spread | Not provided by our data source. Check your broker's quote screen; spreads are widest at the open and close. | ||
Premium/discount compares the delayed market price with the last reported NAV — an indicative figure, not the official closing premium/discount. How ETF liquidity works →
Official Fund Resources
External links open the issuer's site or SEC EDGAR in a new tab. The prospectus and official documents are always the authoritative source — review them before investing.
Latest News for QDWN
No articles mention this fund directly in the last 7 days — showing general ETF coverage.
Guided help: AUM is fund size. The expense ratio is the yearly cost baked into returns. NAV is the value of what the fund owns per share; the market price can sit slightly above (premium) or below (discount) it. Total return assumes distributions were reinvested. Every dataset shows its own as-of date because holdings, assets and quotes update on different schedules.