QQQH

NEOS Nasdaq-100 Hedged Equity Income ETF

$54.21

+0.00%

Market closed. Last update: 10:56 PM ET

📎 Investment Objective

The NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) seeks to provide investment results that, before fees and expenses, correspond generally to the price and yield performance of the Nasdaq-100 Index, while seeking to mitigate downside risk through the use of an options-based hedging strategy.

Overview

ETF tracking NEOS Nasdaq-100 Hedged Equity Income ETF

Category Technology

Issuer Other

Inception Date 2024-12-20

Market Cap $341.3M

Average Volume N/A

Dividend Yield 6.65%

52-Week Range $44.89 - $55.62

VWAP $54.36

Performance

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Investment Summary

📎 Investment Objective

🎯 Investment Strategy

The fund invests primarily in the equity securities that comprise the Nasdaq-100 Index and employs an options-based strategy to hedge against downside risk. The options-based strategy involves the purchase and sale of put and call options on the Nasdaq-100 Index.

✨ Key Features

Provides exposure to the large-cap, growth-oriented companies of the Nasdaq-100 Index
Utilizes an options-based hedging strategy to potentially mitigate downside risk
Aims to generate income through the options-based strategy
Expense ratio of 0.00%

⚠️ Primary Risks

Market risk: The value of the fund's holdings may decline due to general market and economic conditions.
Derivatives risk: The options-based hedging strategy may not be successful in mitigating downside risk as expected.
Concentration risk: The fund's investments are concentrated in the technology sector, which may be subject to greater volatility.
Liquidity risk: The fund may have difficulty selling certain securities at an advantageous time or price.

👤 Best For

The NEOS Nasdaq-100 Hedged Equity Income ETF may be suitable for investors seeking exposure to the growth potential of the Nasdaq-100 Index with the potential for downside risk mitigation. It may be particularly appealing to investors with a moderate risk tolerance who are looking for a technology-focused investment with an options-based hedging strategy.