Key stats
About ProShares Nasdaq-100 High Income ETF
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Inception date
Mar 18, 2024
Structure
Open-Ended Fund
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Max ST capital gains rate
39.60%
Max LT capital gains rate
20.00%
Primary advisor
ProShare Advisors LLC
Distributor
SEI Investments Distribution Co.
IQQQ aims to provide higher returns as compared to a monthly Nasdaq-100 buy-write strategy. The fund invests in derivatives in order to replicate the performance return of long Nasdaq-100 exposure combined with short daily call options. The long exposure consists of Nasdaq-100 equity securities or index futures. The short side consists of out-of-the-money Nasdaq-100 call options having one day to expiration when sold. The short call option position is reestablished at the end of each trading day. The fund does not sell daily call options but instead obtains exposure to the short component of the underlying index through swap agreements. Monthly distributions are expected to reflect the dividend component of the index plus option premium income. Due to the use of swaps, investors should note a significant portion of the monthly distribution will be characterized as a return of capital and assume counterparty risk.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stocks92.96%
Technology Services32.14%
Electronic Technology29.38%
Retail Trade10.05%
Health Technology5.00%
Consumer Services4.28%
Consumer Durables3.03%
Producer Manufacturing1.76%
Consumer Non-Durables1.59%
Utilities1.40%
Process Industries1.32%
Commercial Services1.19%
Transportation1.06%
Distribution Services0.29%
Energy Minerals0.24%
Industrial Services0.22%
Bonds, Cash & Other7.04%
Corporate2.70%
Cash2.66%
Miscellaneous1.68%
Stock breakdown by region
North America95.86%
Europe3.29%
Latin America0.85%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IQQQ invests in stocks. The fund's major sectors are Technology Services, with 32.14% stocks, and Electronic Technology, with 29.38% of the basket. The assets are mostly located in the North America region.
IQQQ top holdings are Microsoft Corporation and NVIDIA Corporation, occupying 8.37% and 8.00% of the portfolio correspondingly.
IQQQ last dividends amounted to 1.55 USD. The month before, the issuer paid 0.90 USD in dividends, which shows a 41.74% increase.
IQQQ assets under management is 144.58 M USD. It's risen 33.39% over the last month.
IQQQ fund flows account for 134.29 M USD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, IQQQ pays dividends to its holders with the dividend yield of 15.50%. The last dividend (May 7, 2025) amounted to 1.55 USD. The dividends are paid monthly.
IQQQ shares are issued by ProShare Advisors LLC under the brand ProShares. The ETF was launched on Mar 18, 2024, and its management style is Passive.
IQQQ expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
IQQQ follows the Nasdaq-100 Daily Covered Call Index - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IQQQ invests in stocks.
IQQQ price has risen by 10.01% over the last month, and its yearly performance shows a −6.92% decrease. See more dynamics on IQQQ price chart.
NAV returns, another gauge of an ETF dynamics, showed a −6.92% decrease in three-month performance and has decreased by −2.73% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −6.92% decrease in three-month performance and has decreased by −2.73% in a year.
IQQQ trades at a premium (0.13%) meaning the ETF is trading at a higher price than the calculated NAV.