Key stats
About Strategic Trust DailyDelta Q100 Upside Option Strategy ETF
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Inception date
Mar 10, 2025
Structure
Open-Ended Fund
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
Kelly Strategic Management LLC
Distributor
Foreside Fund Services LLC
QUP aims for capital appreciation while limiting single-day risk. The fund seeks long exposure to the Nasdaq-100 Index's daily upside 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 declines, 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
What's in the fund
Exposure type
Cash
Rights & Warrants
Bonds, Cash & Other100.00%
Cash85.47%
Rights & Warrants10.40%
Mutual fund4.14%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Related funds
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QUP trades at 31.87 USD today, its price has fallen −5.10% in the past 24 hours. Track more dynamics on QUP price chart.
QUP net asset value is 31.53 today — it's fallen 5.60% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QUP assets under management is 313.73 K USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QUP fund flows account for −1.99 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QUP invests in cash. See more details in our Analysis section.
QUP expense ratio is 1.35%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
Yes, QUP is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, QUP doesn't pay dividends to its holders.
QUP trades at a premium (1.08%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QUP shares are issued by Kelly Intelligence LLC
QUP follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 10, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.