What this ETF is trying to do

The WEBs Defined Volatility QQQ ETF (DVQQ) is an exchange-traded fund. Based on its holdings, it focuses its investment in the Invesco QQQ Trust, which makes up 49.08% of its portfolio.

What the numbers show

As of October 5, 2026, the share price of DVQQ was $34.26.

There are two ways to look at the returns:

• Price Return: This measures only the change in the share price. The one-year price return was 23.73%, and the year-to-date (YTD) price return was 25.42%.

• Total Return: This reflects the overall return, including distributions. The one-year total return was 23.78%, and the YTD total return was 25.42%.

To put this in perspective, the estimated price from roughly one year ago was $27.69. If an investor had put $10,000 into the ETF based on that estimated price, the value of those shares alone would have grown to approximately $12,373.44 over the year.

Income and distribution explanation

DVQQ has a distribution yield of 0.03%. Over the last 12 months, it has made one payout. The distribution frequency is listed as irregular or less frequent.

It is important for beginners to know that a distribution yield is not the same as a total return. While distributions provide cash income, they do not guarantee that the original investment (the principal) will stay the same or grow.

NAV erosion explanation

"NAV erosion" happens when the net asset value of a fund declines over time, which can lead to a falling share price. StockValueFinder uses an erosion-risk score to measure this.

DVQQ has an erosion score of 100, and the erosion label states "No price erosion detected." The erosion severity is rated as "good," and the severe erosion-risk flag is false.

Pros

• The ETF has shown positive price and total returns over the last year and year-to-date.

• There is currently no detected price erosion.

Cons

• The distribution yield is very low (0.03%).

• Payouts are irregular and infrequent.

Beginner takeaway

DVQQ has seen significant share-price growth over the past year. While it provides a small amount of cash income through distributions, its primary movement has been in its price. Investors often look for principal stability—meaning the share price doesn't crash—especially when they rely on a fund for income. In this case, the erosion-risk measurements are currently positive.