QQQINEOS NASDAQ-100(R) High Income ETF

Get income2y track recordRanked #478 of 1,706 in this goal

Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.

By Neos Funds · Launched 2024

Annual Cost

0.68%

#3,674 of 6,040 · average

Fund Size

$14.3B

#216 of 6,040 · large

Return (1Y)

+16.4%

Track Record

2 years

#3,351 of 6,040 · seasoned

Performance

Total-return NAV · USD

Growth of $10,000

$11,646+16.5%

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 Index

Holdings

By weight

Concentration

Top 10 holdings = 46.7% of fundmoderately concentrated

NVIDIA Corp

8.6%

Apple Inc

7.7%

Microsoft Corp

5.6%

Amazon.com Inc

4.5%

Tesla Inc

3.8%

Meta Platforms Inc

3.4%

Walmart Inc

3.4%

Alphabet Inc

3.4%

Alphabet Inc

3.2%

Broadcom Inc

3.0%

Asset allocation

Stocks

98.7%

Cash

1.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years

Volatility (1Y)

16.5%Moderate

Year-on-year price swings

Max drawdown

-20.0%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: Seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation.
Strategy: Actively manages a portfolio of stocks in the Nasdaq-100 Index and employs a call options strategy, generating income from premiums and dividends. The Fund may also utilize a call spread strategy for potential upside participation when the index appreciates.
Inception date: January 29, 2024
Fund family: Neos Funds