Part 3/9:
Established just nine months ago, on March 7, 2024, QDT quickly accumulated over $600 million in assets under management, demonstrating strong market interest. Despite its high expense ratio of around 1%, which is relatively steep for an ETF, QDT has outperformed both the QQQ and the S&P 500 since its inception. Its strategy focuses on the NASDAQ 100 index, which is critical for evaluating its performance against conventional benchmarks.
Remarkably, QDT does not hold any actual shares but instead invests in NASDAQ call options and treasury bonds. The inclusion of treasury bonds adds an extra layer of income while diversifying risk, making the ETF an intriguing choice for investors.