QDVO bid-ask spread and liquidity
See what QDVO costs to trade and how closely it tracks its value.
IQ Liquidity Score
· 3 of 6 measured · Nov 12, 2026How easily this fund trades, from 0 to 100 on the same anchors for every fund; 100 is best. Method →
Capacity: what its holdings can absorb in a day. Price fidelity: how close its price stays to NAV, the value of what it holds. Primary market: the dealers who create and redeem its shares. Bad-day behaviour: its premium on the market’s worst days. Depth: the dollars quoted at the bid and the ask. How to read the score →
QDVO is not scored: its spread is not read, so it has no point on this chart. 680 scored Stocks ETFs are plotted for comparison, Nov 12, 2026.
QDVO among Stocks ETFs
Cheaper to trade sits left, easier to trade sits up.
What a trade costs
One way, half its 30-day median spread; sizes above $10,000 are estimates| Order | Dollars | Percent | Basis |
|---|---|---|---|
| $1,000 | $0.85 | 0.085% | spread |
| $10,000 | $8.50 | 0.085% | spread |
| $100,000 | $322 | 0.32% | estimate |
| $1,000,000 | $8,329 | 0.83% | estimate |
Above zero: a premium. Below: a discount.
QDVO’s holdings can absorb $1.5m a day, measured on its own holdings, as of Nov 11, 2026. A $1m order is 65.38% of a day’s capacity.
Who makes the market
Authorized participants · N-CEN, the year to Sep 30, 20243 of 3 authorized participants created or redeemed QDVO shares in the year to Sep 30, 2024. From the fund’s Form N-CEN, filed Dec 11, 2024.
APs create and redeem shares. Every AP →
Active APs, largest first, by share of dollars created and redeemed: Jane Street Capital, LLC (50.2%), Goldman Sachs & Co. LLC (31.2%), Merrill Lynch Professional Clearing Corp. (18.6%).
What retail orders paid
One way on $10,000, Sep 2026In Sep 2026, retail market orders in QDVO paid $1.97 one way on $10,000, against $6.34 at the quote.
90% of shares filled better than the quote.
QDVO ranked 1048th of 4,090 ETFs by retail order activity in Sep 2026, an ETFIQ estimate.
0.0059% of the market-order dollars in 4 retail brokers’ reports. Buys and sells together. Retail activity ranking →
Where it trades
Q2 2026, 62 trading daysIn Q2 2026, 76% of QDVO’s shares traded off exchange on the median day.
Off exchange means wholesalers and dark pools. Odd lots are orders under 100 shares, a sign of retail trading.
How to place the order
To buy or to sell, up to $100,000- Order type
- Limit: midpoint + 3¢ to buy, midpoint − 3¢ to sell.At the Nov 12 close of $28.44, that’s $28.47 to buy and $28.41 to sell.
- When
- ETF spreads are usually widest in the first minutes after the open and the last before the close.
- Size
- Up to $15,295 is 1% of what its holdings can absorb in a day, for a buy or a sell.
- Watch
- The premium to NAV, charted above: a buyer pays more, and a seller gets less, when it is wide.
Median spread by half hour, 30 days.
Volume bought at the ask against volume sold at the bid.
Trades above $500k: how many, and their share of volume.
Share of the day’s volume at the close.
Questions people ask
What is QDVO’s bid-ask spread?
Does QDVO trade at a premium or discount to NAV?
Who is the AP for QDVO?
Who is the LMM for QDVO?
What does it cost to trade $10,000 of QDVO?
How do I place a limit order for QDVO?
The score measures trading conditions, not the fund. ETFIQ makes no recommendations.
Cite this pageCitation, APA and Markdown
ETFIQ, QDVO trading: cost, capacity, premium and dealers, data as of Nov 12, 2026. https://etfiq.com/funds/qdvo/trading/
ETFIQ. (Nov 12, 2026). QDVO trading: cost, capacity, premium and dealers. Retrieved from https://etfiq.com/funds/qdvo/trading/
[QDVO trading: cost, capacity, premium and dealers (ETFIQ, Nov 12, 2026)](https://etfiq.com/funds/qdvo/trading/)
The score measures trading conditions, not the fund. ETFIQ makes no recommendations.