IQQQ
Nasdaq-100 High Income ETF
First Nasdaq-100 ETF powered by a daily call options strategy.
Why Invest in IQQQ?
IQQQ is powered by a daily covered call strategy that offers:
- High Income Potential: Selling call options each day can produce a high level of income
- Efficient Income Generation Potential: Seek income and target Nasdaq-100 returns
- Higher Return Potential: Seek to capture returns that traditional covered call strategies may sacrifice
Why Invest in IQQQ?
IQQQ is powered by a daily covered call strategy that offers:
- High Income Potential: Selling call options each day can produce a high level of income
- Efficient Income Generation Potential: Seek income and target Nasdaq-100 returns
- Higher Return Potential: Seek to capture returns that traditional covered call strategies may sacrifice
Documents & Downloads
You may order paper copies by contacting ProShares Client Services at 866-PRO-5125 (866-776-5125)
Performance
Growth of $10,000
Since Inception
Chart is updated nightly to reflect the more recent of the previous day's market closing price or the closing price on the day the fund was last traded.
Total Return
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IQQQ Market Price | 5.28% | 6.58% | -- | 8.47% | -- | -- | -- | -- | 8.47% | 03/18/2024 |
| IQQQ NAV | 5.03% | 6.56% | -- | 8.29% | -- | -- | -- | -- | 8.29% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -- | -- | -- | -- | -- | -- | -- | -- | 8.69% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IQQQ Market Price | 5.28% | 6.58% | -- | 8.47% | -- | -- | -- | -- | 8.47% | 03/18/2024 |
| IQQQ NAV | 5.03% | 6.56% | -- | 8.29% | -- | -- | -- | -- | 8.29% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -- | -- | -- | -- | -- | -- | -- | -- | 8.69% | -- |
The performance quoted represents past performance and does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the fund. Market price returns are based upon the midpoint of the bid/ask spread at 4:00 p.m. ET (when NAV is normally determined for most funds) and do not represent the returns you would receive if you traded shares at other times. Your brokerage commissions will reduce returns. Current performance may be lower or higher than the performance quoted. For standardized returns and performance data current to the most recent month end, see above.
About the Fund
Snapshot
- Ticker IQQQ
- Intraday Ticker IQQQ.IV
- CUSIP 74347G234
- Inception Date 3/18/24
- Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Number of Companies 102
- Price/Earnings Ratio 35.21
- Price/Book Ratio 7.97
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Weighted Avg. Market Cap $268.63 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield (unsubsidized) --
- Weighted Average Yield to
Maturity-- - Net Effective Duration --
Price
as of 7/26/2024- NAV $41.00
- NAV Change $+0.42
- Market Price $41.19
- Market Price Change $+0.56
- Trading Volume (M) 6,688
- 30-Day Median Bid Ask Spread 0.30%
- View Premium / Discount
Distributions
- SEC 30-Day Yield 0.26%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Annualized Distribution Yield 10.01%*
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
Snapshot
- Ticker IQQQ
- Intraday Ticker IQQQ.IV
- CUSIP 74347G234
- Inception Date 3/18/24
- Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Number of Companies 102
- Price/Earnings Ratio 35.21
- Price/Book Ratio 7.97
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Distribution Yield --
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $268.63 billion
Weighted average market cap is the average market value of a fund or index, weighted for the market capitalization (price times shares outstanding) of each component. In such a weighting scheme, larger market cap companies carry greater weight than smaller market cap companies.
- SEC 30-Day Yield (unsubsidized) --
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 7/26/2024- NAV $41.00
- NAV Change $+0.42
- Market Price $41.19
- Market Price Change $+0.56
- Trading Volume (M) 6,688
- 30-Day Median Bid Ask Spread 0.30%
- View Premium / Discount
Distributions
- SEC 30-Day Yield 0.26%
SEC 30-Day Yield is a standard yield calculation developed by the Securities and Exchange Commission (SEC) that facilitates fairer comparisons of funds. The figure reflects dividends and interest earned by the securities held by the fund during the most recent 30-day period, net the fund's expenses.
- Annualized Distribution Yield 10.01%*
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
*The Annualized Distribution Yield is the annualized payout, expressed as a percentage of NAV, that an investor would receive, assuming that the latest monthly distribution remained the same over the next 12 months. The distributions for the fund may include return of capital, ordinary dividends or capital gains. Distributions will reduce the NAV by the amount of the distribution. The Annualized Distribution Yield reflects a single distribution only and does not indicate total returns or any other distribution. Future distributions may differ significantly from the latest distribution and are not guaranteed. Actual sources of the distributions may vary at the end of the year and will be provided in a Form 1099-DIV.
Exposures
Index as of 6/28/2024
Holdings
as of 7/26/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 100.03% | -- | NASDAQ-100 DAILY COVERED CALL INDEX CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | 44,698,606 | -- | 488,723 | -- |
| 8.58% | -- | NASDAQ 100 E-MINI EQUITY INDEX 20/SEP/2024 NQU4 INDEX | 3,834,900 | -- | 10 | -- |
| 8.21% | AAPL | APPLE INC | -- | $3,666,523.12 | 16,822 | 2046251 |
| 7.76% | MSFT | MICROSOFT CORP | -- | $3,466,375.77 | 8,151 | 2588173 |
| 6.83% | NVDA | NVIDIA CORP | -- | $3,050,471.86 | 26,981 | 2379504 |
| 4.66% | AMZN | AMAZON.COM INC | -- | $2,083,237.50 | 11,415 | 2000019 |
| 4.45% | AVGO | BROADCOM INC | -- | $1,990,447.01 | 13,127 | BDZ78H9 |
| 3.99% | META | META PLATFORMS INC-CLASS A | -- | $1,782,233.90 | 3,827 | B7TL820 |
| 2.60% | TSLA | TESLA INC | -- | $1,163,621.20 | 5,294 | B616C79 |
| 2.41% | GOOGL | ALPHABET INC-CL A | -- | $1,076,482.00 | 6,446 | BYVY8G0 |
| 2.33% | GOOG | ALPHABET INC-CL C | -- | $1,039,406.16 | 6,162 | BYY88Y7 |
| 2.30% | COST | COSTCO WHOLESALE CORP | -- | $1,029,358.40 | 1,259 | 2701271 |
| 1.73% | NFLX | NETFLIX INC | -- | $772,796.88 | 1,224 | 2857817 |
| 1.54% | ADBE | ADOBE INC | -- | $688,898.80 | 1,270 | 2008154 |
| 1.51% | PEP | PEPSICO INC | -- | $672,861.25 | 3,895 | 2681511 |
| 1.43% | AMD | ADVANCED MICRO DEVICES | -- | $641,154.20 | 4,580 | 2007849 |
| 1.37% | LIN | LINDE PLC | -- | $613,890.40 | 1,360 | BNZHB81 |
| 1.30% | TMUS | T-MOBILE US INC | -- | $582,935.13 | 3,321 | B94Q9V0 |
| 1.27% | QCOM | QUALCOMM INC | -- | $569,138.05 | 3,161 | 2714923 |
| 1.22% | CSCO | CISCO SYSTEMS INC | -- | $546,262.92 | 11,409 | 2198163 |
| 1.17% | TXN | TEXAS INSTRUMENTS INC | -- | $521,942.16 | 2,584 | 2885409 |
| 1.14% | AMGN | AMGEN INC | -- | $508,972.00 | 1,520 | 2023607 |
| 1.12% | INTU | INTUIT INC | -- | $499,721.04 | 789 | 2459020 |
| 1.08% | AMAT | APPLIED MATERIALS INC | -- | $484,585.09 | 2,347 | 2046552 |
| 0.99% | ISRG | INTUITIVE SURGICAL INC | -- | $442,623.90 | 1,003 | 2871301 |
| 0.98% | CMCSA | COMCAST CORP-CLASS A | -- | $440,003.34 | 11,086 | 2044545 |
| 0.85% | INTC | INTEL CORP | -- | $378,081.00 | 12,060 | 2463247 |
| 0.84% | HON | HONEYWELL INTERNATIONAL INC | -- | $374,055.30 | 1,845 | 2020459 |
| 0.81% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $362,530.32 | 732 | 2931034 |
| 0.80% | BKNG | BOOKING HOLDINGS INC | -- | $358,996.03 | 97 | BDRXDB4 |
| 0.77% | MU | MICRON TECHNOLOGY INC | -- | $343,219.17 | 3,137 | 2588184 |
| 0.74% | LRCX | LAM RESEARCH CORP | -- | $331,016.80 | 370 | 2502247 |
| 0.74% | REGN | REGENERON PHARMACEUTICALS | -- | $328,982.15 | 305 | 2730190 |
| 0.71% | ADI | ANALOG DEVICES INC | -- | $318,360.58 | 1,406 | 2032067 |
| 0.67% | KLAC | KLA CORP | -- | $299,995.59 | 381 | 2480138 |
| 0.67% | PANW | PALO ALTO NETWORKS INC | -- | $299,357.96 | 916 | B87ZMX0 |
| 0.65% | ADP | AUTOMATIC DATA PROCESSING | -- | $292,591.86 | 1,158 | 2065308 |
| 0.61% | GILD | GILEAD SCIENCES INC | -- | $271,691.28 | 3,528 | 2369174 |
| 0.56% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $252,063.90 | 3,795 | B8CKK03 |
| 0.55% | PDD | PDD HOLDINGS INC | -- | $247,735.20 | 1,894 | BYVW0F7 |
| 0.53% | SBUX | STARBUCKS CORP | -- | $237,552.40 | 3,208 | 2842255 |
| 0.53% | MELI | MERCADOLIBRE INC | -- | $236,191.67 | 143 | B23X1H3 |
| 0.53% | SNPS | SYNOPSYS INC | -- | $236,036.16 | 432 | 2867719 |
| 0.51% | ASML | ASML HOLDING NV-NY REG SHS | -- | $230,093.01 | 259 | B908F01 |
| 0.49% | CTAS | CINTAS CORP | -- | $216,996.15 | 285 | 2197137 |
| 0.45% | CDNS | CADENCE DESIGN SYS INC | -- | $199,527.09 | 771 | 2302232 |
| 0.43% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $191,409.40 | 809 | 2210614 |
| 0.42% | CSX | CSX CORP | -- | $189,823.92 | 5,531 | 2160753 |
| 0.41% | NXPI | NXP SEMICONDUCTORS NV | -- | $184,635.36 | 728 | B505PN7 |
| 0.41% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $183,201.15 | 165 | B65LWX6 |
| 0.39% | ABNB | AIRBNB INC-CLASS A | -- | $175,265.10 | 1,251 | BMGYYH4 |
| 0.39% | PYPL | PAYPAL HOLDINGS INC | -- | $172,713.27 | 2,963 | BYW36M8 |
| 0.37% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $166,760.16 | 651 | BJJP138 |
| 0.37% | ROP | ROPER TECHNOLOGIES INC | -- | $165,107.53 | 301 | 2749602 |
| 0.36% | MRVL | MARVELL TECHNOLOGY INC | -- | $161,079.72 | 2,451 | BNKJSM5 |
| 0.35% | CEG | CONSTELLATION ENERGY | -- | $156,135.68 | 892 | BMH4FS1 |
| 0.34% | MNST | MONSTER BEVERAGE CORP | -- | $150,501.00 | 2,951 | BZ07BW4 |
| 0.33% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $149,621.34 | 407 | BZ6VT82 |
| 0.33% | PCAR | PACCAR INC | -- | $147,569.88 | 1,487 | 2665861 |
| 0.33% | ADSK | AUTODESK INC | -- | $146,683.74 | 609 | 2065159 |
| 0.32% | AEP | AMERICAN ELECTRIC POWER | -- | $143,999.85 | 1,493 | 2026242 |
| 0.31% | CPRT | COPART INC | -- | $139,111.25 | 2,725 | 2208073 |
| 0.31% | WDAY | WORKDAY INC-CLASS A | -- | $137,412.64 | 601 | B8K6ZD1 |
| 0.30% | ROST | ROSS STORES INC | -- | $134,005.41 | 951 | 2746711 |
| 0.30% | MRNA | MODERNA INC | -- | $132,855.68 | 1,088 | BGSXTS3 |
| 0.30% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $132,328.92 | 1,524 | 2592174 |
| 0.29% | KDP | KEURIG DR PEPPER INC | -- | $129,494.12 | 3,838 | BD3W133 |
| 0.29% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $128,680.11 | 1,647 | 2989044 |
| 0.29% | PAYX | PAYCHEX INC | -- | $128,390.75 | 1,021 | 2674458 |
| 0.28% | ODFL | OLD DOMINION FREIGHT LINE | -- | $125,004.88 | 616 | 2656423 |
| 0.28% | FTNT | FORTINET INC | -- | $123,177.00 | 2,161 | B5B2106 |
| 0.26% | SMCI | SUPER MICRO COMPUTER INC | -- | $116,799.16 | 164 | B1VQR35 |
| 0.26% | TTD | TRADE DESK INC/THE -CLASS A | -- | $116,646.66 | 1,262 | BD8FDD1 |
| 0.26% | KHC | KRAFT HEINZ CO/THE | -- | $114,658.32 | 3,437 | BYRY499 |
| 0.26% | FAST | FASTENAL CO | -- | $114,140.14 | 1,622 | 2332262 |
| 0.25% | DASH | DOORDASH INC - A | -- | $113,433.42 | 1,083 | BN13P03 |
| 0.25% | VRSK | VERISK ANALYTICS INC | -- | $113,107.88 | 404 | B4P9W92 |
| 0.25% | IDXX | IDEXX LABORATORIES INC | -- | $110,851.56 | 236 | 2459202 |
| 0.25% | EA | ELECTRONIC ARTS INC | -- | $109,756.08 | 756 | 2310194 |
| 0.24% | BKR | BAKER HUGHES CO | -- | $106,361.25 | 2,825 | BDHLTQ5 |
| 0.23% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $104,919.99 | 1,407 | 2257019 |
| 0.23% | EXC | EXELON CORP | -- | $104,002.50 | 2,830 | 2670519 |
| 0.23% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $103,845.00 | 1,290 | BL6JPG8 |
| 0.23% | DDOG | DATADOG INC - CLASS A | -- | $103,402.94 | 874 | BKT9Y49 |
| 0.23% | FANG | DIAMONDBACK ENERGY INC | -- | $100,982.28 | 503 | B7Y8YR3 |
| 0.22% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $96,502.71 | 1,299 | BYQQ3P5 |
| 0.20% | CSGP | COSTAR GROUP INC | -- | $90,522.03 | 1,153 | 2262864 |
| 0.20% | XEL | XCEL ENERGY INC | -- | $90,227.28 | 1,573 | 2614807 |
| 0.20% | CDW | CDW CORP/DE | -- | $87,530.94 | 381 | BBM5MD6 |
| 0.20% | LULU | LULULEMON ATHLETICA INC | -- | $87,204.00 | 344 | B23FN39 |
| 0.19% | BIIB | BIOGEN INC | -- | $86,790.87 | 411 | 2455965 |
| 0.19% | ON | ON SEMICONDUCTOR | -- | $85,607.40 | 1,220 | 2583576 |
| 0.18% | GFS | GLOBALFOUNDRIES INC | -- | $80,833.50 | 1,562 | BMW7F63 |
| 0.18% | TEAM | ATLASSIAN CORP-CL A | -- | $80,148.64 | 452 | BQ1PC76 |
| 0.17% | ANSS | ANSYS INC | -- | $77,128.22 | 247 | 2045623 |
| 0.17% | ZS | ZSCALER INC | -- | $76,715.28 | 423 | BZ00V34 |
| 0.16% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $73,412.82 | 487 | 2122117 |
| 0.16% | DXCM | DEXCOM INC | -- | $72,256.00 | 1,129 | B0796X4 |
| 0.14% | DLTR | DOLLAR TREE INC | -- | $64,228.74 | 618 | 2272476 |
| 0.13% | WBD | WARNER BROS DISCOVERY INC | -- | $57,729.57 | 6,947 | BM8JYX3 |
| 0.12% | ILMN | ILLUMINA INC | -- | $54,193.50 | 450 | 2613990 |
| 0.12% | MDB | MONGODB INC | -- | $52,981.50 | 209 | BF2FJ99 |
| 0.11% | ARM | ARM HOLDINGS PLC-ADR | -- | $50,064.00 | 336 | BNSP5P7 |
| -- | GRAL | GRAIL INC | -- | $16.32 | 01 | BSLSSX7 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $3,845,042.88 | 3,845,043 | -- |
Index
Options Position
- TypeNasdaq-100 Index Call
- Expiration Date7/29/2024
- Strike Price19,410
- Moneyness102.03%
- Target Notional Value100% Net Assets
- FIGIBBG01NWZ8CB8
Index Characteristics
- Total Number of Companies102
- Price/Earnings Ratio35.083
- Price/Book Ratio8.007
- Dividend Yield ( % )0.80
- Avg. Index Market Capitalization$268.63 billion
About the Index
The Nasdaq-100 Daily Covered Call index consists of a long position in the Nasdaq-100 Total Return Index and a short position in an out-of-the-money Nasdaq-100 Index call option having, typically, one day to expiration. The option is, typically, sold daily and the strike of the option is chosen as a function of the level of the Nasdaq-100 Index and the level of implied volatility. The index aims to reflect higher income generation and have lower timing risk by using daily options as opposed to monthly options.
Distributions
For
- 2024
| Ex-Dividend Date | Record Date | Payable Date | Total Distribution |
|---|
Distributions may include return of capital, ordinary dividends or capital gains, for more information see distribution details.