DVQQ - WEBs ETF Trust - WEBs QQQ Defined Volatility ETF
DVQQ follows an index that tracks the performance of the Invesco QQQ ETF (QQQ) while seeking to maintain a defined annual volatility rate of 22%. On each trading day, the index measures QQQ's 21-day volatility and adjusts its exposure to the underlying ETF accordingly. If the measured short-term volatility is below the defined volatility rate, the index increases exposure to the underlying ETF using total return swaps, thereby increasing volatility.
As of Sep 29, 2026: spot at $33.11, ATM IV 46.3%, net GEX $1.1K.
- Sector
- Financial Services
- Industry
- Asset Management
- Market Cap
- $2.2M
- Beta
- 1.67
- 52-Week Range
- 23.73-33.65
- Dividend Yield
- $0.01
- IPO Date
- Dec 24, 2024
- Exchange
- NASDAQ
What DVQQ Looks Like to Options Traders Today
IV rank of 7.8% is subdued relative to the 1-year history, conditions that typically favor premium-buying or long-volatility structures (debit spreads, calendar spreads, long straddles); positive net gamma exposure ($1.1K) means dealers hedge against trend, damping realized volatility and biasing price toward heavy-OI strikes; the 25-delta skew (0.018) is roughly flat across the wings.
What This Page Covers
The DVQQ overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure.
Frequently asked DVQQ overview questions
- What is DVQQ?
- DVQQ is the ticker symbol for WEBs ETF Trust - WEBs QQQ Defined Volatility ETF, an listed exchange-traded fund. DVQQ follows an index that tracks the performance of the Invesco QQQ ETF (QQQ) while seeking to maintain a defined annual volatility rate of 22%. On each trading day, the index measures QQQ's 21-day volatility and adjusts its exposure to the underlying ETF accordingly. Listed on NASDAQ. DVQQ is the ETF ticker shown on this page; ETF traders use the fund for diversified exposure to its underlying basket, for sector and factor rotation, and for hedging or replication strategies via the listed options chain.
- What does the DVQQ options snapshot look like today?
- As of Sep 29, 2026, the DVQQ options snapshot shows spot at $33.11, ATM IV 46.3%, IV rank 7.8%, net GEX $1.1K, expected move 13.27%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are DVQQ's key statistics?
- WEBs ETF Trust - WEBs QQQ Defined Volatility ETF (DVQQ) carries a market capitalization of $2.2M, 52-week range of 23.73-33.65. Full holdings disclosure, expense ratio, and tracking-error history live on the per-ticker fundamentals page or the sponsor's site; daily NAV and premium/discount-to-NAV are accessible from the same view. These structural inputs frame how the ETF options market prices implied volatility relative to its constituents.
- What sector or industry does DVQQ belong to?
- WEBs ETF Trust - WEBs QQQ Defined Volatility ETF operates in the Financial Services sector, in the Asset Management industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare DVQQ's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the DVQQ data on this page?
- The options snapshot above is dated Sep 29, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Fund-level fields (sponsor, expense ratio, holdings concentration where available) refresh from the vendor feed nightly. ETF-specific filings (N-CSR, N-PX, N-CEN) update on the SEC EDGAR cadence. FINRA microstructure data refreshes on the source's cadence; for ETFs the off-exchange volume signal is dominated by authorized-participant creation and redemption rather than directional flow.