IQQQ
Nasdaq-100 High Income ETF
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 | -- | -- | -- | -- | -- | -- | -- | -- | 1.78% | 03/18/2024 |
| IQQQ NAV | -- | -- | -- | -- | -- | -- | -- | -- | 1.63% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -- | -- | -- | -- | -- | -- | -- | -- | 1.70% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IQQQ Market Price | -- | -- | -- | -- | -- | -- | -- | -- | 1.78% | 03/18/2024 |
| IQQQ NAV | -- | -- | -- | -- | -- | -- | -- | -- | 1.63% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -- | -- | -- | -- | -- | -- | -- | -- | 1.70% | -- |
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 3/31/2024- Number of Companies 101
- Price/Earnings Ratio 33.67
- Price/Book Ratio 7.5
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Annualized Distribution Yield --
Distribution Yield represents the annualized yield based on the last income distribution.
- Weighted Avg. Market Cap $242.03 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 --
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.
- Weighted Average Yield to
Maturity -- - Net Effective Duration --
Price
as of 4/26/2024- NAV $39.62
- NAV Change $+0.68
- Market Price $39.63
- Market Price Change $+0.68
- Trading Volume (M) 2,594
- 30-Day Median Bid Ask Spread 0.37%
- View Premium / Discount
Snapshot
- Ticker IQQQ
- Intraday Ticker IQQQ.IV
- CUSIP 74347G234
- Inception Date 3/18/24
- Unitary Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
- Distributions Monthly
Characteristics
as of 3/31/2024- Number of Companies 101
- Price/Earnings Ratio 33.67
- Price/Book Ratio 7.5
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 $242.03 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 --
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.
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 4/26/2024- NAV $39.62
- NAV Change $+0.68
- Market Price $39.63
- Market Price Change $+0.68
- Trading Volume (M) 2,594
- 30-Day Median Bid Ask Spread 0.37%
- View Premium / Discount
Exposures
Index as of 3/11/2024
Holdings
as of 4/26/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 100.00% | -- | NASDAQ-100 DAILY COVERED CALL INDEX CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | 18,224,524 | -- | 196,958 | -- |
| 13.71% | -- | NASDAQ 100 E-MINI EQUITY INDEX 21/JUN/2024 NQM4 INDEX | 2,498,405 | -- | 07 | -- |
| 7.52% | MSFT | MICROSOFT CORP | -- | $1,369,704.72 | 3,371 | 2588173 |
| 6.51% | AAPL | APPLE INC | -- | $1,185,946.50 | 7,005 | 2046251 |
| 5.46% | NVDA | NVIDIA CORP | -- | $994,914.90 | 1,134 | 2379504 |
| 4.65% | AMZN | AMAZON.COM INC | -- | $846,549.06 | 4,713 | 2000019 |
| 4.00% | AVGO | BROADCOM INC | -- | $729,830.01 | 543 | BDZ78H9 |
| 3.86% | META | META PLATFORMS INC-CLASS A | -- | $703,944.52 | 1,588 | B7TL820 |
| 2.52% | GOOGL | ALPHABET INC-CL A | -- | $459,622.35 | 2,673 | BYVY8G0 |
| 2.45% | GOOG | ALPHABET INC-CL C | -- | $446,904.37 | 2,573 | BYY88Y7 |
| 2.08% | COST | COSTCO WHOLESALE CORP | -- | $378,444.42 | 519 | 2701271 |
| 2.02% | TSLA | TESLA INC | -- | $368,050.23 | 2,187 | B616C79 |
| 1.63% | AMD | ADVANCED MICRO DEVICES | -- | $297,958.20 | 1,893 | 2007849 |
| 1.56% | NFLX | NETFLIX INC | -- | $284,543.61 | 507 | 2857817 |
| 1.55% | PEP | PEPSICO INC | -- | $282,859.38 | 1,611 | 2681511 |
| 1.39% | ADBE | ADOBE INC | -- | $252,629.24 | 529 | 2008154 |
| 1.37% | LIN | LINDE PLC | -- | $249,953.52 | 564 | BNZHB81 |
| 1.25% | TMUS | T-MOBILE US INC | -- | $228,232.32 | 1,392 | B94Q9V0 |
| 1.25% | CSCO | CISCO SYSTEMS INC | -- | $227,191.42 | 4,747 | 2198163 |
| 1.19% | QCOM | QUALCOMM INC | -- | $216,848.94 | 1,309 | 2714923 |
| 1.15% | INTU | INTUIT INC | -- | $209,424.95 | 329 | 2459020 |
| 1.09% | AMAT | APPLIED MATERIALS INC | -- | $198,295.50 | 975 | 2046552 |
| 1.04% | TXN | TEXAS INSTRUMENTS INC | -- | $189,016.20 | 1,065 | 2885409 |
| 0.98% | CMCSA | COMCAST CORP-CLASS A | -- | $179,157.65 | 4,645 | 2044545 |
| 0.93% | AMGN | AMGEN INC | -- | $169,547.44 | 628 | 2023607 |
| 0.87% | INTC | INTEL CORP | -- | $157,997.28 | 4,956 | 2463247 |
| 0.85% | ISRG | INTUITIVE SURGICAL INC | -- | $155,011.29 | 413 | 2871301 |
| 0.82% | MU | MICRON TECHNOLOGY INC | -- | $148,717.80 | 1,295 | 2588184 |
| 0.81% | HON | HONEYWELL INTERNATIONAL INC | -- | $147,795.80 | 764 | 2020459 |
| 0.78% | LRCX | LAM RESEARCH CORP | -- | $141,581.61 | 153 | 2502247 |
| 0.77% | BKNG | BOOKING HOLDINGS INC | -- | $140,843.20 | 40 | BDRXDB4 |
| 0.66% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $120,436.44 | 303 | 2931034 |
| 0.64% | ADI | ANALOG DEVICES INC | -- | $117,546.54 | 582 | 2032067 |
| 0.64% | SBUX | STARBUCKS CORP | -- | $117,196.00 | 1,328 | 2842255 |
| 0.64% | ADP | AUTOMATIC DATA PROCESSING | -- | $117,159.74 | 482 | 2065308 |
| 0.61% | KLAC | KLA CORP | -- | $111,589.08 | 158 | 2480138 |
| 0.61% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $111,493.19 | 1,579 | B8CKK03 |
| 0.61% | PANW | PALO ALTO NETWORKS INC | -- | $110,448.18 | 379 | B87ZMX0 |
| 0.61% | REGN | REGENERON PHARMACEUTICALS | -- | $110,400.00 | 125 | 2730190 |
| 0.56% | PDD | PDD HOLDINGS INC | -- | $101,379.04 | 784 | BYVW0F7 |
| 0.53% | SNPS | SYNOPSYS INC | -- | $96,771.48 | 178 | 2867719 |
| 0.52% | GILD | GILEAD SCIENCES INC | -- | $95,644.04 | 1,462 | 2369174 |
| 0.51% | ASML | ASML HOLDING NV-NY REG SHS | -- | $92,815.97 | 101 | B908F01 |
| 0.49% | CDNS | CADENCE DESIGN SYS INC | -- | $90,088.79 | 319 | 2302232 |
| 0.46% | ABNB | AIRBNB INC-CLASS A | -- | $84,414.22 | 514 | BMGYYH4 |
| 0.46% | MELI | MERCADOLIBRE INC | -- | $82,954.00 | 59 | B23X1H3 |
| 0.45% | PYPL | PAYPAL HOLDINGS INC | -- | $82,911.72 | 1,257 | BYW36M8 |
| 0.45% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $81,644.76 | 339 | 2210614 |
| 0.45% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $81,490.76 | 268 | BJJP138 |
| 0.43% | CTAS | CINTAS CORP | -- | $78,615.14 | 118 | 2197137 |
| 0.43% | CSX | CSX CORP | -- | $78,041.04 | 2,296 | 2160753 |
| 0.40% | NXPI | NXP SEMICONDUCTORS NV | -- | $73,052.70 | 301 | B505PN7 |
| 0.40% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $72,031.17 | 69 | B65LWX6 |
| 0.39% | MRVL | MARVELL TECHNOLOGY INC | -- | $70,664.30 | 1,015 | BNKJSM5 |
| 0.38% | CEG | CONSTELLATION ENERGY | -- | $69,885.27 | 371 | BMH4FS1 |
| 0.38% | PCAR | PACCAR INC | -- | $68,855.40 | 615 | 2665861 |
| 0.36% | ROP | ROPER TECHNOLOGIES INC | -- | $65,320.72 | 124 | 2749602 |
| 0.36% | MNST | MONSTER BEVERAGE CORP | -- | $65,164.77 | 1,221 | BZ07BW4 |
| 0.34% | CPRT | COPART INC | -- | $62,863.44 | 1,128 | 2208073 |
| 0.34% | WDAY | WORKDAY INC-CLASS A | -- | $61,253.76 | 244 | B8K6ZD1 |
| 0.33% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $59,436.00 | 635 | 2592174 |
| 0.32% | DASH | DOORDASH INC - A | -- | $58,392.62 | 442 | BN13P03 |
| 0.32% | FTNT | FORTINET INC | -- | $57,505.28 | 896 | B5B2106 |
| 0.31% | DXCM | DEXCOM INC | -- | $56,326.02 | 453 | B0796X4 |
| 0.30% | KDP | KEURIG DR PEPPER INC | -- | $54,862.44 | 1,627 | BD3W133 |
| 0.30% | ADSK | AUTODESK INC | -- | $54,700.43 | 251 | 2065159 |
| 0.30% | KHC | KRAFT HEINZ CO/THE | -- | $54,339.84 | 1,424 | BYRY499 |
| 0.29% | ROST | ROSS STORES INC | -- | $52,909.56 | 396 | 2746711 |
| 0.29% | AEP | AMERICAN ELECTRIC POWER | -- | $52,690.68 | 618 | 2026242 |
| 0.28% | LULU | LULULEMON ATHLETICA INC | -- | $51,422.70 | 141 | B23FN39 |
| 0.28% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $51,341.11 | 683 | 2989044 |
| 0.28% | PAYX | PAYCHEX INC | -- | $50,987.25 | 425 | 2674458 |
| 0.27% | MRNA | MODERNA INC | -- | $48,478.53 | 449 | BGSXTS3 |
| 0.27% | IDXX | IDEXX LABORATORIES INC | -- | $48,432.10 | 97 | 2459202 |
| 0.26% | DDOG | DATADOG INC - CLASS A | -- | $47,322.00 | 360 | BKT9Y49 |
| 0.26% | ODFL | OLD DOMINION FREIGHT LINE | -- | $46,699.52 | 256 | 2656423 |
| 0.25% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $46,138.40 | 535 | BL6JPG8 |
| 0.25% | FAST | FASTENAL CO | -- | $45,810.24 | 672 | 2332262 |
| 0.24% | CSGP | COSTAR GROUP INC | -- | $44,472.00 | 480 | 2262864 |
| 0.24% | TTD | TRADE DESK INC/THE -CLASS A | -- | $44,313.79 | 523 | BD8FDD1 |
| 0.24% | EXC | EXELON CORP | -- | $43,739.04 | 1,172 | 2670519 |
| 0.24% | FANG | DIAMONDBACK ENERGY INC | -- | $43,629.60 | 210 | B7Y8YR3 |
| 0.24% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $43,283.70 | 170 | BZ6VT82 |
| 0.22% | EA | ELECTRONIC ARTS INC | -- | $40,160.60 | 314 | 2310194 |
| 0.21% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $39,159.90 | 585 | 2257019 |
| 0.21% | BKR | BAKER HUGHES CO | -- | $38,554.16 | 1,174 | BDHLTQ5 |
| 0.21% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $38,395.50 | 537 | BYQQ3P5 |
| 0.21% | CDW | CDW CORP/DE | -- | $38,034.82 | 157 | BBM5MD6 |
| 0.21% | VRSK | VERISK ANALYTICS INC | -- | $37,372.66 | 169 | B4P9W92 |
| 0.20% | BIIB | BIOGEN INC | -- | $35,721.90 | 171 | 2455965 |
| 0.19% | XEL | XCEL ENERGY INC | -- | $35,181.92 | 652 | 2614807 |
| 0.19% | ON | ON SEMICONDUCTOR | -- | $34,166.12 | 502 | 2583576 |
| 0.18% | ANSS | ANSYS INC | -- | $33,708.75 | 101 | 2045623 |
| 0.18% | TEAM | ATLASSIAN CORP-CL A | -- | $33,018.80 | 184 | BQ1PC76 |
| 0.18% | MDB | MONGODB INC | -- | $32,239.20 | 84 | BF2FJ99 |
| 0.17% | DLTR | DOLLAR TREE INC | -- | $31,165.44 | 256 | 2272476 |
| 0.17% | GFS | GLOBALFOUNDRIES INC | -- | $31,114.77 | 643 | BMW7F63 |
| 0.17% | ZS | ZSCALER INC | -- | $30,806.70 | 174 | BZ00V34 |
| 0.16% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $29,038.47 | 201 | 2122117 |
| 0.13% | WBD | WARNER BROS DISCOVERY INC | -- | $23,194.60 | 2,860 | BM8JYX3 |
| 0.13% | ILMN | ILLUMINA INC | -- | $22,866.36 | 187 | 2613990 |
| 0.10% | WBA | WALGREENS BOOTS ALLIANCE INC | -- | $17,894.70 | 1,011 | BTN1Y44 |
| 0.07% | SIRI | SIRIUS XM HOLDINGS INC | -- | $13,605.10 | 4,505 | BGLDK10 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $2,498,566.17 | 2,498,566 | -- |
Index
Options Position
- TypeNasdaq-100 Index Call
- Expiration Date4/29/2024
- Strike Price18,025
- Moneyness101.73%
- Target Notional Value100% Net Assets
- FIGIBBG01MDL57M4
Index Characteristics
- Total Number of Companies101
- Price/Earnings Ratio33.92
- Price/Book Ratio7.4
- Dividend Yield ( % )--
- Avg. Index Market Capitalization$233.20 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
No distributions have been made for this fund.