IQQQ
Nasdaq-100 High Income ETF
First Nasdaq-100 ETF powered by a daily call options strategy.
Why 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 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 | 5.04% | 7.21% | 11.86% | -- | -- | -- | -- | -- | 15.25% | 03/18/2024 |
| IQQQ NAV | 5.01% | 7.13% | 11.71% | -- | -- | -- | -- | -- | 15.18% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | 5.06% | 7.25% | 12.13% | -- | -- | -- | -- | -- | 15.92% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IQQQ Market Price | 2.64% | 1.72% | 8.41% | -- | -- | -- | -- | -- | 10.34% | 03/18/2024 |
| IQQQ NAV | 2.65% | 1.91% | 8.60% | -- | -- | -- | -- | -- | 10.36% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | 2.68% | 2.10% | 9.12% | -- | -- | -- | -- | -- | 10.98% | -- |
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
- Distributions Monthly
Characteristics
as of 10/31/2024- Number of Companies 102
- Price/Earnings Ratio 33.96
- Price/Book Ratio 7.84
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $270.80 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.
Price
as of 12/06/2024- NAV $44.23
- NAV Change $+0.41
- Market Price $44.20
- Market Price Change $+0.34
- Trading Volume (M) 14,121
- 30-Day Median Bid Ask Spread 0.19%
- View Premium / Discount
Distributions
as of 11/30/2024- SEC 30-Day Yield 0.40%
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 Rate 9.7%
Distribution Rate represents an annualized measure of the fund’s distributions since inception.
- 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
- Distributions Monthly
Characteristics
as of 10/31/2024- Number of Companies 102
- Price/Earnings Ratio 33.96
- Price/Book Ratio 7.84
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Avg. Market Cap $270.80 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.
Price
as of 12/06/2024- NAV $44.23
- NAV Change $+0.41
- Market Price $44.20
- Market Price Change $+0.34
- Trading Volume (M) 14,121
- 30-Day Median Bid Ask Spread 0.19%
- View Premium / Discount
Distributions
as of 11/30/2024- SEC 30-Day Yield 0.40%
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 Rate 9.7%
Distribution Rate represents an annualized measure of the fund’s distributions since inception.
- Distribution Frequency Monthly
- Distribution Details
The Annualized Distribution Rate is an annualized measure of the fund’s distributions since inception, expressed as a percentage of the NAV at the announcement of the most recent distribution. Distributions include return of capital, as well as ordinary dividends and capital gains. See 19a-1 notice for estimated percentage of return of capital. Distributions will reduce the NAV by the amount of the 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 12/06/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 99.94% | -- | NASDAQ-100 DAILY COVERED CALL INDEX CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | 72,943,264 | -- | 803,163 | -- |
| 8.17% | AAPL | APPLE INC | -- | $5,960,507.80 | 24,545 | 2046251 |
| 7.73% | NVDA | NVIDIA CORP | -- | $5,640,908.88 | 39,602 | 2379504 |
| 7.29% | MSFT | MICROSOFT CORP | -- | $5,322,396.43 | 11,999 | 2588173 |
| 5.93% | -- | NASDAQ 100 E-MINI EQUITY INDEX 20/DEC/2024 NQZ4 INDEX | 4,331,350 | -- | 10 | -- |
| 5.27% | AMZN | AMAZON.COM INC | -- | $3,847,250.38 | 16,946 | 2000019 |
| 4.80% | META | META PLATFORMS INC-CLASS A | -- | $3,499,973.47 | 5,611 | B7TL820 |
| 4.75% | AVGO | BROADCOM INC | -- | $3,469,237.72 | 19,324 | BDZ78H9 |
| 4.16% | TSLA | TESLA INC | -- | $3,037,862.10 | 7,805 | B616C79 |
| 2.52% | COST | COSTCO WHOLESALE CORP | -- | $1,838,313.72 | 1,852 | 2701271 |
| 2.29% | NFLX | NETFLIX INC | -- | $1,671,315.12 | 1,788 | 2857817 |
| 2.26% | GOOGL | ALPHABET INC-CL A | -- | $1,652,581.89 | 9,459 | BYVY8G0 |
| 2.18% | GOOG | ALPHABET INC-CL C | -- | $1,591,763.31 | 9,019 | BYY88Y7 |
| 1.62% | TMUS | T-MOBILE US INC | -- | $1,185,989.70 | 4,865 | B94Q9V0 |
| 1.40% | ADBE | ADOBE INC | -- | $1,024,081.92 | 1,852 | 2008154 |
| 1.38% | CSCO | CISCO SYSTEMS INC | -- | $1,006,092.11 | 16,799 | 2198163 |
| 1.28% | AMD | ADVANCED MICRO DEVICES | -- | $935,205.32 | 6,748 | 2007849 |
| 1.24% | PEP | PEPSICO INC | -- | $903,978.91 | 5,729 | 2681511 |
| 1.22% | LIN | LINDE PLC | -- | $893,936.16 | 1,989 | BNZHB81 |
| 1.12% | ISRG | INTUITIVE SURGICAL INC | -- | $816,808.44 | 1,484 | 2871301 |
| 1.03% | INTU | INTUIT INC | -- | $753,784.02 | 1,166 | 2459020 |
| 1.03% | BKNG | BOOKING HOLDINGS INC | -- | $752,648.28 | 142 | BDRXDB4 |
| 1.02% | QCOM | QUALCOMM INC | -- | $740,923.95 | 4,645 | 2714923 |
| 1.01% | TXN | TEXAS INSTRUMENTS INC | -- | $735,711.00 | 3,810 | 2885409 |
| 0.95% | CMCSA | COMCAST CORP-CLASS A | -- | $694,973.90 | 16,106 | 2044545 |
| 0.84% | HON | HONEYWELL INTERNATIONAL INC | -- | $613,263.42 | 2,709 | 2020459 |
| 0.84% | AMGN | AMGEN INC | -- | $611,124.36 | 2,242 | 2023607 |
| 0.82% | AMAT | APPLIED MATERIALS INC | -- | $594,842.76 | 3,438 | 2046552 |
| 0.75% | PANW | PALO ALTO NETWORKS INC | -- | $547,965.00 | 1,350 | B87ZMX0 |
| 0.71% | ADP | AUTOMATIC DATA PROCESSING | -- | $518,361.12 | 1,702 | 2065308 |
| 0.68% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $498,143.80 | 1,078 | 2931034 |
| 0.68% | APP | APPLOVIN CORP-CLASS A | -- | $496,254.00 | 1,236 | BMV3LG4 |
| 0.66% | GILD | GILEAD SCIENCES INC | -- | $478,246.83 | 5,191 | 2369174 |
| 0.65% | SBUX | STARBUCKS CORP | -- | $472,819.53 | 4,723 | 2842255 |
| 0.64% | MU | MICRON TECHNOLOGY INC | -- | $467,708.91 | 4,623 | 2588184 |
| 0.62% | ADI | ANALOG DEVICES INC | -- | $451,892.20 | 2,071 | 2032067 |
| 0.57% | LRCX | LAM RESEARCH CORP | -- | $414,658.26 | 5,414 | BSML4N7 |
| 0.57% | MELI | MERCADOLIBRE INC | -- | $412,802.16 | 212 | B23X1H3 |
| 0.56% | MRVL | MARVELL TECHNOLOGY INC | -- | $410,111.63 | 3,613 | BNKJSM5 |
| 0.52% | PYPL | PAYPAL HOLDINGS INC | -- | $383,158.44 | 4,263 | BYW36M8 |
| 0.52% | CTAS | CINTAS CORP | -- | $376,280.22 | 1,682 | 2197137 |
| 0.51% | INTC | INTEL CORP | -- | $372,961.76 | 17,828 | 2463247 |
| 0.50% | KLAC | KLA CORP | -- | $363,070.40 | 560 | 2480138 |
| 0.49% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $354,680.50 | 970 | BJJP138 |
| 0.48% | CDNS | CADENCE DESIGN SYS INC | -- | $351,176.42 | 1,142 | 2302232 |
| 0.48% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $350,193.06 | 5,571 | B8CKK03 |
| 0.48% | REGN | REGENERON PHARMACEUTICALS | -- | $350,100.00 | 450 | 2730190 |
| 0.47% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $343,500.66 | 1,174 | 2210614 |
| 0.45% | CEG | CONSTELLATION ENERGY | -- | $330,987.15 | 1,305 | BMH4FS1 |
| 0.45% | SNPS | SYNOPSYS INC | -- | $330,541.92 | 639 | 2867719 |
| 0.43% | FTNT | FORTINET INC | -- | $316,479.90 | 3,190 | B5B2106 |
| 0.42% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $303,124.98 | 241 | B65LWX6 |
| 0.39% | DASH | DOORDASH INC - A | -- | $285,924.96 | 1,602 | BN13P03 |
| 0.38% | ASML | ASML HOLDING NV-NY REG SHS | -- | $278,629.14 | 393 | B908F01 |
| 0.38% | CSX | CSX CORP | -- | $278,459.35 | 8,083 | 2160753 |
| 0.38% | PDD | PDD HOLDINGS INC | -- | $277,993.87 | 2,783 | BYVW0F7 |
| 0.38% | ADSK | AUTODESK INC | -- | $277,246.71 | 901 | 2065159 |
| 0.36% | TTD | TRADE DESK INC/THE -CLASS A | -- | $259,718.37 | 1,867 | BD8FDD1 |
| 0.35% | PCAR | PACCAR INC | -- | $253,081.92 | 2,184 | 2665861 |
| 0.34% | ABNB | AIRBNB INC-CLASS A | -- | $251,522.04 | 1,837 | BMGYYH4 |
| 0.34% | CPRT | COPART INC | -- | $249,064.96 | 4,012 | 2208073 |
| 0.34% | ROP | ROPER TECHNOLOGIES INC | -- | $245,284.00 | 445 | 2749602 |
| 0.33% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $239,417.64 | 594 | BZ6VT82 |
| 0.33% | WDAY | WORKDAY INC-CLASS A | -- | $237,646.64 | 892 | B8K6ZD1 |
| 0.32% | NXPI | NXP SEMICONDUCTORS NV | -- | $232,872.90 | 1,065 | B505PN7 |
| 0.30% | DDOG | DATADOG INC - CLASS A | -- | $218,907.70 | 1,298 | BKT9Y49 |
| 0.30% | ROST | ROSS STORES INC | -- | $217,350.72 | 1,389 | 2746711 |
| 0.29% | PAYX | PAYCHEX INC | -- | $214,432.86 | 1,501 | 2674458 |
| 0.29% | MNST | MONSTER BEVERAGE CORP | -- | $213,470.68 | 4,084 | BZ07BW4 |
| 0.29% | AEP | AMERICAN ELECTRIC POWER | -- | $212,307.75 | 2,215 | 2026242 |
| 0.28% | FANG | DIAMONDBACK ENERGY INC | -- | $204,533.58 | 1,226 | B7Y8YR3 |
| 0.27% | LULU | LULULEMON ATHLETICA INC | -- | $197,402.40 | 494 | B23FN39 |
| 0.26% | FAST | FASTENAL CO | -- | $193,304.25 | 2,385 | 2332262 |
| 0.25% | TEAM | ATLASSIAN CORP-CL A | -- | $185,202.50 | 665 | BQ1PC76 |
| 0.25% | KDP | KEURIG DR PEPPER INC | -- | $184,900.72 | 5,651 | BD3W133 |
| 0.25% | EA | ELECTRONIC ARTS INC | -- | $184,212.03 | 1,103 | 2310194 |
| 0.25% | ODFL | OLD DOMINION FREIGHT LINE | -- | $182,091.00 | 897 | 2656423 |
| 0.23% | BKR | BAKER HUGHES CO | -- | $170,982.09 | 4,139 | BDHLTQ5 |
| 0.23% | VRSK | VERISK ANALYTICS INC | -- | $170,226.58 | 593 | B4P9W92 |
| 0.23% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $167,645.57 | 2,066 | 2257019 |
| 0.23% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $165,726.00 | 2,430 | 2989044 |
| 0.22% | XEL | XCEL ENERGY INC | -- | $162,075.76 | 2,324 | 2614807 |
| 0.22% | EXC | EXELON CORP | -- | $157,910.20 | 4,172 | 2670519 |
| 0.21% | KHC | KRAFT HEINZ CO/THE | -- | $155,251.59 | 5,039 | BYRY499 |
| 0.21% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $154,762.20 | 1,905 | BL6JPG8 |
| 0.21% | IDXX | IDEXX LABORATORIES INC | -- | $150,313.05 | 345 | 2459202 |
| 0.20% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $148,679.52 | 1,914 | BYQQ3P5 |
| 0.19% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $138,867.72 | 732 | 2122117 |
| 0.18% | ZS | ZSCALER INC | -- | $133,341.71 | 629 | BZ00V34 |
| 0.18% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $132,691.02 | 2,238 | 2592174 |
| 0.18% | CSGP | COSTAR GROUP INC | -- | $132,139.88 | 1,709 | 2262864 |
| 0.18% | DXCM | DEXCOM INC | -- | $129,947.84 | 1,672 | B0796X4 |
| 0.17% | ANSS | ANSYS INC | -- | $125,689.20 | 364 | 2045623 |
| 0.16% | ON | ON SEMICONDUCTOR | -- | $118,605.16 | 1,783 | 2583576 |
| 0.15% | WBD | WARNER BROS DISCOVERY INC | -- | $108,987.84 | 10,224 | BM8JYX3 |
| 0.15% | SMCI | SUPER MICRO COMPUTER INC | -- | $107,364.92 | 2,444 | BRC3N73 |
| 0.15% | MDB | MONGODB INC | -- | $106,797.40 | 311 | BF2FJ99 |
| 0.14% | GFS | GLOBALFOUNDRIES INC | -- | $103,179.12 | 2,299 | BMW7F63 |
| 0.14% | CDW | CDW CORP/DE | -- | $100,293.42 | 557 | BBM5MD6 |
| 0.13% | BIIB | BIOGEN INC | -- | $95,614.68 | 606 | 2455965 |
| 0.13% | ILMN | ILLUMINA INC | -- | $93,119.40 | 660 | 2613990 |
| 0.10% | ARM | ARM HOLDINGS PLC-ADR | -- | $73,544.58 | 522 | BNSP5P7 |
| 0.10% | MRNA | MODERNA INC | -- | $71,104.00 | 1,600 | BGSXTS3 |
| -- | GRAL | GRAIL INC | -- | $21.62 | 01 | BSLSSX7 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $4,344,053.82 | 4,344,054 | -- |
Index
Options Position
- TypeNasdaq-100 Index Call
- Expiration Date12/09/2024
- Strike Price21,875
- Moneyness101.17%
- Target Notional Value100% Net Assets
- FIGIBBG01QW090F9
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 is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. This combination is often referred to as a “covered call” strategy. Generally, in pursuing a covered call strategy, an investor holding a certain security sells (or "writes") a call option on the same security in an attempt to generate additional income.
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.