QQQHNEOS Nasdaq-100 Hedged Equity Income ETF

Get income6y track recordRanked #795 of 1,622 in this goal

Seeks high monthly income in a tax efficient manner with a measure of downside protection.

By Neos Funds · Launched 2019

Annual Cost

0.68%

#3,411 of 5,562 · average

Fund Size

$380M

#1,795 of 5,562 · large

Dividend YieldGoal

8.78%

Track Record

6 years

#2,031 of 5,562 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,746+17.5%

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

Classification

How Beacon categorizes this fund

Asset class

Alternative

Region

North america

Strategy

Long short

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 51.6% of fundmoderately concentrated

NVIDIA Corp

9.5%

Apple Inc

8.5%

Microsoft Corp

7.6%

Amazon.com Inc

5.2%

Tesla Inc

4.0%

Meta Platforms Inc

3.9%

Alphabet Inc

3.8%

Alphabet Inc

3.6%

Broadcom Inc

3.3%

Palantir Technologies Inc

2.2%

Asset allocation

Stocks

98.7%

Cash

1.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

10.5%Moderate

Year-on-year price swings

Max drawdown

-53.2%Severe

Worst peak-to-trough loss

Sharpe (3Y)

-0.07Below average

Sortino (3Y)

-0.07Moderate downside risk

Where to buy

Listing

Exchange: NASDAQ Global Select Market

Full fund details

Objective: Seeks high monthly income in a tax efficient manner with a measure of downside protection.
Strategy: Invests primarily in stocks of the Nasdaq-100® Index and employs a put spread options collar strategy. Aims to generate income from dividends and options premiums while providing downside protection, though upside gains are limited.
Inception date: December 19, 2019
Fund family: Neos Funds