Measured Risk Launches Nasdaq 100 ETF With 18% Downside Target

Measured Risk Portfolios has launched the MRP SynthEquity Nasdaq 100 ETF (SNTQ), an actively managed fund that combines long-dated Nasdaq 100 call options with U.S. Treasuries to seek capital appreciation while targeting downside protection. Rather than owning stocks directly, the ETF uses synthetic equity exposure through options and allocates most assets to Treasuries, aiming to limit losses to roughly 18% over each rolling 12-month measurement period, though results are not guaranteed. The strategy harvests gains in rising markets by shifting profits into Treasuries, while accepting option premium losses during declines, making the fund a lower-risk alternative to full Nasdaq 100 exposure.