IQQQ

ProShares Nasdaq-100 High Income ETF

$44.16
+0.00%
Market closed. Last update: 10:56 PM ET

📎 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

Category Technology
Issuer ProShares
Inception Date 2024-03-20
Market Cap $257.0M
Average Volume N/A
Dividend Yield 9.54%
52-Week Range $34.25 - $46.68
VWAP $44.01

Performance

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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.