See what your fund actually adds
Defiance Nasdaq 100 LightningSpread Income ETF QLDY
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | QLDY | Replication |
|---|---|---|
| Annualized growth | 21.3% | 25.0% |
| Annualized volatility | 20.7% | 19.0% |
| Sharpe ratio | 1.03 | 1.27 |
| Maximum drawdown | 13.3% | 12.4% |
| Replication fit (R²) | 0.96 · Tracking error 3.9% | |
Replication portfolio
The published portfolio below is the investable basket used to model QLDY’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| XLK | Sector · Technology | 47.2% |
| VUG | Style · Growth | 27.7% |
| MTUM | Factor · Momentum | 10.8% |
| VOX | Sector · Communication | 10.4% |
| XLY | Sector · Cons Discr | 4.0% |