QQQT Review: Defiance Nasdaq 100 Income Target ETF - US
Defiance Nasdaq 100 Income Target ETF - US (QQQT) is a index based fund listed on the NYSE/NASDAQ. Below is our independent review using the Dependable Income Investing 13-factor scoring system, covering Fund Attributes, Risk, and Return — designed specifically for income-focused investors.
Fund Attributes 20% of overall score
Fund Attributes cover the foundational characteristics of QQQT: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
Expense ratio 0.92% as of March 6 2026 per fund details page.
Fund Company Size (5%)
Defiance ETFs approximately $7.36 billion in total AUM per web search results - score 4 ($7B+ threshold).
Fund History (40%)
Fund inception June 20 - 2024 - approximately 1.7 years old as of review date.
Fund AUM (30%)
Net assets $36.47 million as of March 6 - 2026 - below $100M minimum threshold.
Risk 35% of overall score
Risk factors evaluate how QQQT manages volatility, diversification, and the nature of its underlying assets. These are critical for income investors who prioritise capital preservation.
Volatility
Lower volatility may indicate more stability — important for investors living off their income.
Beta approximately 1.26 vs SPY (2024-06-28 to 2026-03-07) - beta score 2 (1.2-1.39 range). Standalone annualized volatility (weekly total returns) approximately 19.14% - score 4 (10-20% range). Scores differ by 2 points - averaged to final score 3.
Sector Diversification
Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.
See our full Risk analysis for QQQT — including analyst notes on volatility, diversification, and underlying assets.
View Plans →Return 45% of overall score
Return factors assess the income generation quality of QQQT: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Yield
The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
How often the fund pays distributions — monthly payments are generally preferred by income investors.
Monthly distributions confirmed by distribution history from August 2024 through March 2026.
See our full Return analysis for QQQT — yield rating, distribution consistency score, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score is designed to answer the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions About QQQT
What is QQQT's expense ratio?
Expense ratio 0.92% as of March 6 2026 per fund details page.
How long has QQQT been trading?
Fund inception June 20 - 2024 - approximately 1.7 years old as of review date.
How large is QQQT by assets under management?
Net assets $36.47 million as of March 6 - 2026 - below $100M minimum threshold.
Who manages QQQT?
Defiance ETFs approximately $7.36 billion in total AUM per web search results - score 4 ($7B+ threshold).
Where can I see the full QQQT review?
The complete 13-factor review — including all Risk and Return scores, analyst notes, and your Dependability Score — is available in the Dependable Income Investing app.
Does QQQT pay monthly dividends?
Monthly distributions confirmed by distribution history from August 2024 through March 2026. Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is QQQT a high-volatility fund?
Beta approximately 1.26 vs SPY (2024-06-28 to 2026-03-07) - beta score 2 (1.2-1.39 range). Standalone annualized volatility (weekly total returns) approximately 19.14% - score 4 (10-20% range). Scores differ by 2 points - averaged to final score 3. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does QQQT pay distributions?
Monthly distributions confirmed by distribution history from August 2024 through March 2026. Distribution consistency and yield stability ratings are available in the app.
See the Full QQQT Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare QQQT against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.