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HYHG vs IQQQ

ProShares High Yield—Interest Rate Hedged vs ProShares Nasdaq-100 High Income ETF

HYHG

ProShares High Yield—Interest Rate Hedged

Annual cost

0.50%

Fund size

$168M

IQQQ

ProShares Nasdaq-100 High Income ETF

Annual cost

0.55%

Fund size

$386M

Key differences

  • HYHG costs 0.05% less per year.
  • HYHG is classified as fixed income, while IQQQ is alternative — different risk/return profiles.
  • HYHG follows a index tracking strategy; IQQQ uses option income.
  • HYHG has a longer track record, which may reduce uncertainty around long-term behavior.

Side-by-side comparison

HYHGIQQQ
Annual cost (TER)0.50%0.55%
Fund size (AUM)$168M$386M
Since20132024
Dividend yield6.83%7.77%
Asset classfixed incomealternative
Regionnorth america
Strategyindex trackingoption income
CAGR 1Y+8.4%+40.9%
CAGR 3Y+10.4%N/A
CAGR 5Y+7.2%N/A
Sharpe 3Y0.95N/A
Volatility 1Y5.58%15.54%
Max drawdown-25.72%-20.41%

Similar to HYHG and IQQQ