Bottom line: QDTY aims to generate high weekly income by selling 0DTE covered calls on a synthetic Nasdaq-100 position. In environments with solid implied volatility, the daily premium collection can produce strong cash flow while still offering some participation in the index’s overnight and limited daytime moves.
It is not a low-risk income substitute or a long-term growth vehicle. The strategy systematically caps upside, leaves most downside exposure intact, and can experience NAV decay when distributions exceed economic earnings. Yields fluctuate sharply with volatility, and a meaningful portion of payouts may be return of capital.
Treat it as a tactical income sleeve sized to your ability to withstand drawdowns and changing distribution levels. Review current holdings, ROC estimates, and the volatility regime before adding or removing capital. This is not investment advice.
Monthly Distributions for QDTY
| Month | Distributions | No. of shares | Net Distribution / share |
|---|---|---|---|
| September 2026 | $17.06 | 87 | $0.1961 |
| August 2026 | $92.86 | 362 | $0.2565 |
| July 2026 | $138.67 | 470 | $0.2950 |
| June 2026 | $84.09 | 301 | $0.2794 |
| May 2026 | $75.76 | 348 | $0.2177 |
| April 2026 | $42.17 | 199 | $0.2119 |
| Grand Total: | $450.61 | 1,767 | $0.2550 |
ETF Investment Summary
| Investment | Shares | Distributions | Purchase price / share | Real price / share | Market price / share |
|---|---|---|---|---|---|
| $3,109.20 | 87 | $450.61 | $40.08 | $35.74 | $38.88 |
Notes:
• Investment = Current Adjusted Cost Basis (after accounting for sells and distributions)
• Purchase price / share = Historical average price of all shares ever bought
• Real price / share = Current adjusted cost basis per remaining share (after distributions reduce basis)
• Market price / share = Latest market price of the ETF
Personal Chart – Real Price vs Real Price + Cumulative Distributions
Blue line = Real Price per share (cost basis after buys, sells & distributions)
Red line = Real Price + Cumulative Net Distributions received so far
Purple line = Cumulative Realised Capital Gains from sales
Green bars = Number of shares held at month-end
When the green bars drop to zero, the blue/red lines also go to zero (full exit of the position).