QDTE: A Bullish Bet On Nasdaq (Not A Hedge)

  • QDTE's unique approach sells 0DTE calls after market open, capturing overnight gains and offering higher upside than peers like QQQY. The fund's performance is highly correlated with the Nasdaq; it's best suited for bullish investors expecting continued Nasdaq strength. Distributions are high (40-41% yield), but much comes from return of capital, requiring reinvestment to maintain income.