Strategic Trust DailyDelta Q100 Downside Option Strategy ETFStrategic Trust DailyDelta Q100 Downside Option Strategy ETFStrategic Trust DailyDelta Q100 Downside Option Strategy ETF

Strategic Trust DailyDelta Q100 Downside Option Strategy ETF

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Key stats


Assets under management (AUM)
‪2.39 M‬USD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
4.5%
Shares outstanding
‪100.00 K‬
Expense ratio
1.35%

About Strategic Trust DailyDelta Q100 Downside Option Strategy ETF


Issuer
Kelly Intelligence LLC
Brand
DailyDelta
Inception date
Mar 10, 2025
Structure
Open-Ended Fund
Index tracked
No Underlying Index
Management style
Active
Distributes
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Tax on distributions
Ordinary income
Primary advisor
Kelly Strategic Management LLC
Distributor
Foreside Fund Services LLC
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 call 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.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Mutual fund
Rights & Warrants
Bonds, Cash & Other100.00%
Mutual fund98.04%
Rights & Warrants14.04%
Cash−12.08%