Key stats
About ProShares Nasdaq-100 High Income ETF
Home page
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
What's in the fund
Exposure type
Technology Services
Electronic Technology
Retail Trade
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
IQQQ trades at 38.28 USD today, its price has risen 0.06% in the past 24 hours. Track more dynamics on IQQQ price chart.
IQQQ net asset value is 38.21 today — it's risen 16.03% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
IQQQ assets under management is 147.95 M USD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
IQQQ price has risen by 10.20% 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 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
IQQQ invests in stocks. See more details in our Analysis section.
IQQQ expense ratio is 0.55%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, IQQQ isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, IQQQ technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IQQQ shows the neutral signal. See more of IQQQ technicals for a more comprehensive analysis.
Today, IQQQ technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating IQQQ shows the neutral signal. See more of IQQQ technicals for a more comprehensive analysis.
Yes, IQQQ pays dividends to its holders with the dividend yield of 15.50%.
IQQQ trades at a premium (0.13%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
IQQQ shares are issued by ProShare Advisors LLC
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.
The fund started trading on Mar 18, 2024.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.