IQQQ
ProShares Nasdaq-100 High Income ETF
📎 Investment Objective
The ProShares Nasdaq-100 High Income ETF (IQQQ) seeks to provide exposure to the Nasdaq-100 Index while also generating a high level of current income.
Overview
ETF tracking ProShares Nasdaq-100 High Income ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The ProShares Nasdaq-100 High Income ETF (IQQQ) seeks to provide exposure to the Nasdaq-100 Index while also generating a high level of current income.
🎯 Investment Strategy
The fund aims to achieve its objective by investing in a portfolio of securities that track the Nasdaq-100 Index, while also employing an options strategy to generate additional income through the sale of call options on the index.
✨ Key Features
- Provides exposure to the large-cap, growth-oriented companies that make up the Nasdaq-100 Index
- Utilizes an options-based strategy to generate a high level of current income
- Designed for investors seeking both capital appreciation potential and a steady stream of dividend income
- Relatively low expense ratio of 0.00%
⚠️ Primary Risks
- Market risk: The value of the fund's holdings may decline due to general market conditions or other factors
- Concentration risk: The fund's focus on the Nasdaq-100 Index makes it susceptible to the performance of the technology sector
- Options risk: The use of options strategies may not be successful and could result in losses
- Liquidity risk: The fund may have difficulty buying or selling certain securities, which could affect its performance
👤 Best For
The ProShares Nasdaq-100 High Income ETF may be suitable for investors seeking exposure to the technology sector while also generating a high level of current income. It may be particularly appealing to those with a moderate to high risk tolerance who are looking to balance growth potential with a steady stream of dividend payments.
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