IQQQProShares Nasdaq-100 High Income ETF

Get income2y track recordRanked #729 of 1,706 in this goal

Tracks the performance of the Nasdaq-100 Daily Covered Call Index.

By ProShares · Launched 2024

Annual Cost

0.55%

#3,020 of 6,040 · average

Fund Size

$407M

#1,826 of 6,040 · large

Return (1Y)

+18.1%

Track Record

2 years

#3,415 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,854+18.5%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Option income

Index tracked

Nasdaq-100 Daily Covered Call Index

Holdings

By weight

Concentration

Top 10 holdings = 45.9% of fundmoderately concentrated

ProShares GENIUS Money Market ETF

8.3%

NVIDIA Corp.

7.2%

Apple, Inc.

6.5%

Microsoft Corp.

4.9%

Amazon.com, Inc.

3.8%

Tesla, Inc.

3.3%

Meta Platforms, Inc.

3.2%

Alphabet, Inc.

3.0%

Walmart, Inc.

2.9%

Alphabet, Inc.

2.8%

Asset allocation

Stocks

82.2%

Cash

12.3%

Other

5.5%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

18.6%Moderate

Year-on-year price swings

Max drawdown

-20.4%Moderate

Worst peak-to-trough loss

Sharpe (3Y)

Unavailable

Needs 3+ years of history

Sortino (3Y)

Not yet

Needs 3+ years of history

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Tracks the performance of the Nasdaq-100 Daily Covered Call Index.
Strategy: Invests in a covered call strategy combining a long position in the Nasdaq-100 Index with short positions in call options. Aims to generate high income with total return similar to the Nasdaq-100, utilizing swap agreements for exposure.
Inception date: March 18, 2024
Fund family: ProShares