QLDY
Defiance Nasdaq 100 LightningSpread Income ETF
Tidal Trust II
Expense ratio1
1.04%
Net assets2
$30.15M
Holdings2
3
Category
Other
Return

Investment objective & strategy

As of Nov. 6, 2025 · prospectus

Strategy. Effective immediately, the following sentence has been added to the third paragraph of the section of the Prospectus and Summary Prospectus titled Principal Investment Strategies Lightning Spread Strategy": The Fund may also execute put spreads over two days, with a portion of the position sold the day prior to expiration and the remainder sold on the expiration date. Effective immediately, the following sentence has been added to the third paragraph of the section of the Prospectus and Summary Prospectus titled Principal Investment Strategies Lightning Spread Strategy": The Fund may also execute put spreads over two days, with a portion of the position sold the day prior to expiration and the remainder sold on the expiration date.

Top holdings

As of Feb. 28, 2026 · N-PORT
SecurityTickerValue% of fund
US ULTRA BOND CBT Sep25 $27.63M 91.63%
FRST AM-GV OB-X TMPXX $1.56M 5.17%
U.S. Treasury Bills B $277.68K 0.92%
US ULTRA BOND CBT Sep25 $23.94K 0.08%
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Allocation by sector

As of February 28, 2026 · N-PORT
View portfolio breakdown →

Portfolio moves

Nov 30, 2025 → Feb 28, 2026
Opened
1
Exited
0
Increased
1
Decreased
0
Unchanged
1

How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.

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Footnotes

  1. Expense ratio as of May 23, 2025, from the fund's prospectus.
  2. Net assets and holdings count as of February 28, 2026, from the fund's N-PORT filing.

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