ETFdb Logo
  • ETF Database
  • Channels
    • Themes
      • Active ETF
      • Alternatives Channel
      • Artificial Intelligence
      • China Insights
      • Climate Insights
      • Core Strategies
      • Crypto
      • Disruptive Technology
      • Energy Infrastructure
      • ETF Building Blocks
      • ETF Education
      • ETF Investing
      • ETF Strategist
      • Faith-Based Investing
      • Financial Literacy
      • Fixed Income
      • Free Cash Flow
      • Innovative ETFs
      • Invest Beyond Cash
      • Leveraged & Inverse
      • Modern Alpha
      • Portfolio Strategies
      • Tax Efficient Income
    • Asset Class
      • Equity
        • U.S. Equity
        • Int'l Developed
        • Emerging Market Equities
      • Alternatives
        • Gold/Silver/Critical Materials
        • Crypytocurrency
        • Currency
        • Volatility
      • Fixed Income
        • Investment Grade Corporates
        • US Treasuries & TIPS
        • High Yield Corporates
        • Int'l Fixed Income
    • ETF Ecosystem
    • ETFs in Canada
    • Market Outlook
    • Crypto ETF Hub
  • Tools
    • ETF Screener
    • ETF Country Exposure Tool
    • ETF Database Categories
    • Indexes
    • Scenario Analysis
    • Watchlists
    • Head-To-Head ETF Comparison Tool
    • Mutual Fund To ETF Converter
    • ETF Stock Exposure Tool
    • ETF Issuer Fund Flows
  • Research
    • ETF Education
    • Equity Investing
    • Dividend ETFs
    • Leveraged ETFs
    • Inverse ETFs
    • Index Education
    • Index Insights
    • Top ETF Sectors
    • Top ETF Issuers
    • Top ETF Industries
  • Webcasts
  • Themes
    • AI ETFs
    • Blockchain ETFs
    • See all Thematic Investing ETF themes
    • ESG Investing
    • Marijuana ETFs
  • Multimedia
    • ETF 360 Video Series
    • ETF of the Week Podcast
    • Gaining Perspective Podcast
    • ETF Prime Podcast
    • Video
  • Company
    • About VettaFi
    • Get VettaFi’ed
  • PRO
    • Pro Content
    • Pro Tools
    • Advanced
    • FAQ
    • Pricing
    • Free Sign Up
    • Login
  1. ETF Prime
  2. ETF Prime: Nadig on Zero-Day Options ETFs and More
ETF Prime
Share

ETF Prime: Nadig on Zero-Day Options ETFs and More

Nick PeckSep 19, 2023
2023-09-19

On this episode of ETF Prime, host Nate Geraci speaks with a trio of individuals discussing several different topics. His guests include VettaFi’s Nadig, who goes in-depth on a plethora of subjects including the launch of the first zero-day options ETF. Geraci also speaks with Astoria’s John Davi, who talks about the Astoria US Quality Kings ETF (ROE B+). Geraci closes by speaking with Fort Washington Investment Advisors’ Laura Mayfield, who discusses the management of two Touchstone ETFs.

Zero-Day Options ETFs

To open the podcast, Geraci speaks with VettaFi’s Dave Nadig about the recent launch of the first ETF holding 0DTE options. Geraci first highlights the fund itself, which is the Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY ). He also points out that Defiance has also recently produced the S&P 500 Enhanced Option Income ETF (JEPY B+) following the release of QQQY. Nadig then jumps into the conversation by explaining the topic as a whole, and its prevalence in the markets recently.

“These daily options have become a very large part of trading in the most liquid equity names,” he said.

Nadig highlights companies like Tesla and Nvidia as ones that have been prevalent when investors are using this strategy. He also says that the index side has seen this strategy as well. Nadig believes that this strategy has become “the honey pot for speculators.” He mentions that it has really exploded recently and highlighted Robinhood and the pandemic as contributing factors. The pair then go in-depth, continuing to break down the recent launch of QQQY, and their own expectations for this style of ETF.


Content continues below advertisement

ETFs Holding IPOs

The conversation then shifts gears when Geraci begins to discuss ETFs holding IPOs. He highlights that September has been the second-best month for IPOs. Geraci then asks Nadig for his overall thoughts on the health of the IPO market as he names several companies that have recently filed for IPOs.

“I would say this it is OK; we should point out that IPOs are off still from last year,” he said.

Nadig points out that despite the recent uptick of IPOs, he wouldn’t say that this is a market that is taking off, but it is still doing fine overall. However, Nadig points out that the Renaissance IPO ETF (IPO B-) is beating the S&P 500 significantly this year. He mentions that he thinks investors shouldn’t look at IPOs as an asset class, but if investors are truly interested, the IPO ETF is a solid place to start. Nadig then goes in-depth into how ETF issuers go about including IPOs in their funds.

In addition, Nadig and Geraci discuss ETF flows, as well as themes and strategies to watch moving forward.

ROE ETF

Geraci then brings on John Davi, who is the founder and CIO at Astoria Portfolio Advisors. He highlights that the company is currently overseeing nearly $1.5 billion in assets, and the firm currently has two ETFs. Those are the AXS Astoria Inflation Sensitive ETF (PPI ) and the recently launched ROE ETF. Davi highlights that he believes Astoria offers a unique value proposition to the market. He thinks a lot of his peers touch on only macro or quant strategies.

“We like to say we are the intersection of macro plus quant, and then we do have a liquid overlay,” he said.

The pair then discuss the ROE ETF by highlighting how the fund is actively managed, and that it focuses on higher quality stocks. Davi said that his firm became uncomfortable with some of the exposures they were getting through several different asset classes, and when that was coupled with other economic concerns, it led them to launch the ROE ETF. Davi closes the segment by going in-depth on the intricacies of ROE, and his firm’s model portfolios.

Touchstone ETFs

Geraci closes the podcast by speaking with Laura Mayfield of Washington Investment Advisors about a number of different topics. She is a portfolio manager for two Touchstone ETFs: the Touchstone Ultra Short Income ETF (TUSI B) and the Touchstone Securitized Income ETF (TSEC A-). Mayfield then explains some of the key characteristics of the two different funds she manages. She also highlights the different ways her firm tries to add value to investors; specifically, through their management of these funds. Geraci then asks Mayfield about her thoughts on active management in the fixed income space.

“The first thing I will say is that it is going to depend on the manager. We all know that past performance is not necessarily indicative of future results,” she said.

Mayfield mentions that some managers have a history of performance that supports their investment strategies, and others do not. She believes that is something that should be accounted for. Mayfield closes the conversation by diving deep into several other details regarding her firm’s thoughts on active management.

Listen to the entire episode of ETF Prime:    

For more ETF Prime podcast episodes, visit our  ETF Prime Channel.

Loading Articles...
Our Sites
  • VettaFi
  • Advisor Perspectives
  • ETF Trends
Tools
  • ETF Screener
  • Mutual Fund to ETF Converter
  • Head-To-Head ETF Comparison
  • ETF Country Exposure Tool
  • ETF Stock Exposure Tool
  • ETF Database Pro
More Tools
  • Financial Advisor & RIA Center
Explore ETFs
  • ETF News
  • ETF Category Reports
  • Premium Articles
  • Alphabetical Listing of ETFs
  • Browse ETFs by ETF Database Category
  • Browse ETFs by Index
  • Browse ETFs by Issuer
  • Compare ETFs
Information
  • Contact Us
  • Terms of Use and Privacy Policy
  • © 2025 VettaFi LLC. All rights reserved.

Advertisement

Is Your Portfolio Positioned With Enough Global Exposure?

ETF Education Channel

How to Allocate Commodities in Portfolios

Tom LydonApr 26, 2022
2022-04-26

A long-running debate in asset allocation circles is how much of a portfolio an investor should...

Core Strategies Channel

Why ETFs Experience Limit Up/Down Protections

Karrie GordonMay 13, 2022
2022-05-13

In a digital age where information moves in milliseconds and millions of participants can transact...

}
X