IQQQ
Nasdaq-100 High Income ETF
First Nasdaq-100 ETF powered by a daily call options strategy.
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 | 5.51% | -- | -- | 3.03% | -- | -- | -- | -- | 3.03% | 03/18/2024 |
| IQQQ NAV | 5.74% | -- | -- | 3.10% | -- | -- | -- | -- | 3.10% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -- | -- | -- | -- | -- | -- | -- | -- | 3.38% | -- |
| 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 3/20/24
- Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
Price to book ratio measures market value of a fund or index relative to the collective book values of its component stocks.
- Weighted Avg. Market Cap --
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 (unsubsidized) --
- Weighted Average Yield to
Maturity-- - Net Effective Duration --
Price
as of 7/02/2024- NAV $42.96
- NAV Change $+0.43
- Market Price $43.01
- Market Price Change $+0.44
- Trading Volume (M) 9,620
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
- SEC 30-Day Yield 0.28%
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 Yield 10.01%*
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
Snapshot
- Ticker IQQQ
- Intraday Ticker IQQQ.IV
- CUSIP 74347G234
- Inception Date 3/20/24
- Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 6/30/2024- Number of Companies --
- Price/Earnings Ratio --
- Price/Book Ratio --
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 --
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 (unsubsidized) --
- Weighted Average Yield to Maturity --
- Net Effective Duration --
Price
as of 7/02/2024- NAV $42.96
- NAV Change $+0.43
- Market Price $43.01
- Market Price Change $+0.44
- Trading Volume (M) 9,620
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
- SEC 30-Day Yield 0.28%
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 Yield 10.01%*
Distribution Yield represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
*The Annualized Distribution Yield is the annualized payout, expressed as a percentage of NAV, that an investor would receive, assuming that the latest monthly distribution remained the same over the next 12 months. The distributions for the fund may include return of capital, ordinary dividends or capital gains. Distributions will reduce the NAV by the amount of the distribution. The Annualized Distribution Yield reflects a single distribution only and does not indicate total returns or any other 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 3/11/2024
Holdings
as of 7/02/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 99.86% | -- | NASDAQ-100 DAILY COVERED CALL INDEX CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | 32,179,767 | -- | 353,352 | -- |
| 12.57% | -- | NASDAQ 100 E-MINI EQUITY INDEX 20/SEP/2024 NQU4 INDEX | 4,051,050 | -- | 10 | -- |
| 7.64% | MSFT | MICROSOFT CORP | -- | $2,461,281.52 | 5,359 | 2588173 |
| 7.56% | AAPL | APPLE INC | -- | $2,435,084.85 | 11,055 | 2046251 |
| 6.75% | NVDA | NVIDIA CORP | -- | $2,175,307.11 | 17,733 | 2379504 |
| 4.66% | AMZN | AMAZON.COM INC | -- | $1,500,400.00 | 7,502 | 2000019 |
| 4.44% | AVGO | BROADCOM INC | -- | $1,430,405.24 | 863 | BDZ78H9 |
| 3.97% | META | META PLATFORMS INC-CLASS A | -- | $1,280,373.50 | 2,513 | B7TL820 |
| 2.50% | TSLA | TESLA INC | -- | $805,016.06 | 3,481 | B616C79 |
| 2.43% | GOOGL | ALPHABET INC-CL A | -- | $784,491.40 | 4,235 | BYVY8G0 |
| 2.35% | GOOG | ALPHABET INC-CL C | -- | $755,957.11 | 4,051 | BYY88Y7 |
| 2.20% | COST | COSTCO WHOLESALE CORP | -- | $709,831.36 | 826 | 2701271 |
| 1.69% | NFLX | NETFLIX INC | -- | $545,702.74 | 803 | 2857817 |
| 1.53% | AMD | ADVANCED MICRO DEVICES | -- | $494,408.79 | 3,009 | 2007849 |
| 1.47% | ADBE | ADOBE INC | -- | $473,470.14 | 834 | 2008154 |
| 1.30% | PEP | PEPSICO INC | -- | $418,764.80 | 2,560 | 2681511 |
| 1.29% | QCOM | QUALCOMM INC | -- | $415,732.32 | 2,077 | 2714923 |
| 1.22% | TMUS | T-MOBILE US INC | -- | $392,716.36 | 2,182 | B94Q9V0 |
| 1.19% | LIN | LINDE PLC | -- | $384,930.55 | 895 | BNZHB81 |
| 1.15% | AMAT | APPLIED MATERIALS INC | -- | $371,406.12 | 1,542 | 2046552 |
| 1.10% | CSCO | CISCO SYSTEMS INC | -- | $354,647.28 | 7,501 | 2198163 |
| 1.06% | INTU | INTUIT INC | -- | $341,234.40 | 520 | 2459020 |
| 1.04% | TXN | TEXAS INSTRUMENTS INC | -- | $336,520.32 | 1,696 | 2885409 |
| 0.96% | AMGN | AMGEN INC | -- | $310,459.23 | 999 | 2023607 |
| 0.90% | ISRG | INTUITIVE SURGICAL INC | -- | $289,614.60 | 660 | 2871301 |
| 0.86% | CMCSA | COMCAST CORP-CLASS A | -- | $278,071.92 | 7,287 | 2044545 |
| 0.85% | MU | MICRON TECHNOLOGY INC | -- | $273,533.17 | 2,063 | 2588184 |
| 0.81% | LRCX | LAM RESEARCH CORP | -- | $261,768.08 | 244 | 2502247 |
| 0.80% | HON | HONEYWELL INTERNATIONAL INC | -- | $258,434.76 | 1,212 | 2020459 |
| 0.77% | BKNG | BOOKING HOLDINGS INC | -- | $246,721.23 | 63 | BDRXDB4 |
| 0.76% | INTC | INTEL CORP | -- | $246,291.89 | 7,927 | 2463247 |
| 0.71% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $227,888.18 | 481 | 2931034 |
| 0.66% | ADI | ANALOG DEVICES INC | -- | $211,122.00 | 925 | 2032067 |
| 0.65% | KLAC | KLA CORP | -- | $210,616.61 | 251 | 2480138 |
| 0.65% | REGN | REGENERON PHARMACEUTICALS | -- | $209,976.66 | 201 | 2730190 |
| 0.64% | PANW | PALO ALTO NETWORKS INC | -- | $205,625.76 | 604 | B87ZMX0 |
| 0.56% | ADP | AUTOMATIC DATA PROCESSING | -- | $180,312.06 | 762 | 2065308 |
| 0.55% | ASML | ASML HOLDING NV-NY REG SHS | -- | $177,093.41 | 169 | B908F01 |
| 0.54% | SNPS | SYNOPSYS INC | -- | $173,753.10 | 285 | 2867719 |
| 0.52% | PDD | PDD HOLDINGS INC | -- | $166,546.72 | 1,244 | BYVW0F7 |
| 0.51% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $165,186.45 | 429 | BJJP138 |
| 0.51% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $164,876.91 | 2,497 | B8CKK03 |
| 0.50% | SBUX | STARBUCKS CORP | -- | $161,957.64 | 2,108 | 2842255 |
| 0.50% | CDNS | CADENCE DESIGN SYS INC | -- | $160,290.68 | 506 | 2302232 |
| 0.49% | GILD | GILEAD SCIENCES INC | -- | $158,619.60 | 2,319 | 2369174 |
| 0.47% | MELI | MERCADOLIBRE INC | -- | $151,665.60 | 95 | B23X1H3 |
| 0.41% | CTAS | CINTAS CORP | -- | $133,120.26 | 189 | 2197137 |
| 0.40% | NXPI | NXP SEMICONDUCTORS NV | -- | $129,763.08 | 477 | B505PN7 |
| 0.40% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $127,909.34 | 533 | 2210614 |
| 0.39% | ABNB | AIRBNB INC-CLASS A | -- | $126,867.48 | 822 | BMGYYH4 |
| 0.38% | CSX | CSX CORP | -- | $122,852.64 | 3,639 | 2160753 |
| 0.38% | CEG | CONSTELLATION ENERGY | -- | $121,010.05 | 587 | BMH4FS1 |
| 0.36% | MRVL | MARVELL TECHNOLOGY INC | -- | $115,419.20 | 1,612 | BNKJSM5 |
| 0.36% | PYPL | PAYPAL HOLDINGS INC | -- | $114,814.59 | 1,947 | BYW36M8 |
| 0.35% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $113,039.54 | 109 | B65LWX6 |
| 0.35% | ROP | ROPER TECHNOLOGIES INC | -- | $112,058.89 | 199 | 2749602 |
| 0.31% | ADSK | AUTODESK INC | -- | $99,144.00 | 400 | 2065159 |
| 0.31% | PCAR | PACCAR INC | -- | $98,488.16 | 976 | 2665861 |
| 0.30% | CPRT | COPART INC | -- | $98,004.48 | 1,792 | 2208073 |
| 0.30% | MNST | MONSTER BEVERAGE CORP | -- | $95,719.60 | 1,940 | BZ07BW4 |
| 0.29% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $92,152.06 | 1,001 | 2592174 |
| 0.28% | ROST | ROSS STORES INC | -- | $90,250.00 | 625 | 2746711 |
| 0.28% | WDAY | WORKDAY INC-CLASS A | -- | $89,343.44 | 394 | B8K6ZD1 |
| 0.27% | FTNT | FORTINET INC | -- | $86,695.21 | 1,421 | B5B2106 |
| 0.27% | AEP | AMERICAN ELECTRIC POWER | -- | $85,955.22 | 981 | 2026242 |
| 0.26% | MRNA | MODERNA INC | -- | $83,587.98 | 714 | BGSXTS3 |
| 0.26% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $83,457.16 | 1,084 | 2989044 |
| 0.26% | DXCM | DEXCOM INC | -- | $83,355.09 | 741 | B0796X4 |
| 0.26% | KDP | KEURIG DR PEPPER INC | -- | $82,671.16 | 2,522 | BD3W133 |
| 0.25% | TTD | TRADE DESK INC/THE -CLASS A | -- | $81,720.54 | 831 | BD8FDD1 |
| 0.25% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $81,338.00 | 268 | BZ6VT82 |
| 0.25% | PAYX | PAYCHEX INC | -- | $79,432.98 | 671 | 2674458 |
| 0.24% | DASH | DOORDASH INC - A | -- | $76,396.95 | 711 | BN13P03 |
| 0.24% | DDOG | DATADOG INC - CLASS A | -- | $75,756.25 | 575 | BKT9Y49 |
| 0.23% | ODFL | OLD DOMINION FREIGHT LINE | -- | $73,596.68 | 404 | 2656423 |
| 0.23% | IDXX | IDEXX LABORATORIES INC | -- | $73,493.42 | 154 | 2459202 |
| 0.22% | VRSK | VERISK ANALYTICS INC | -- | $72,447.76 | 266 | B4P9W92 |
| 0.22% | KHC | KRAFT HEINZ CO/THE | -- | $72,320.00 | 2,260 | BYRY499 |
| 0.21% | EA | ELECTRONIC ARTS INC | -- | $68,884.48 | 496 | 2310194 |
| 0.21% | LULU | LULULEMON ATHLETICA INC | -- | $67,875.75 | 225 | B23FN39 |
| 0.21% | FANG | DIAMONDBACK ENERGY INC | -- | $67,821.90 | 331 | B7Y8YR3 |
| 0.21% | FAST | FASTENAL CO | -- | $66,902.16 | 1,066 | 2332262 |
| 0.20% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $64,880.50 | 850 | BL6JPG8 |
| 0.20% | BKR | BAKER HUGHES CO | -- | $64,454.02 | 1,858 | BDHLTQ5 |
| 0.20% | EXC | EXELON CORP | -- | $64,260.33 | 1,861 | 2670519 |
| 0.20% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $63,532.86 | 926 | 2257019 |
| 0.19% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $62,192.70 | 855 | BYQQ3P5 |
| 0.19% | BIIB | BIOGEN INC | -- | $62,010.22 | 271 | 2455965 |
| 0.18% | ON | ON SEMICONDUCTOR | -- | $58,408.92 | 801 | 2583576 |
| 0.18% | CSGP | COSTAR GROUP INC | -- | $56,481.42 | 761 | 2262864 |
| 0.17% | XEL | XCEL ENERGY INC | -- | $55,008.80 | 1,034 | 2614807 |
| 0.17% | CDW | CDW CORP/DE | -- | $54,999.12 | 251 | BBM5MD6 |
| 0.17% | ZS | ZSCALER INC | -- | $54,868.14 | 279 | BZ00V34 |
| 0.17% | TEAM | ATLASSIAN CORP-CL A | -- | $53,954.88 | 296 | BQ1PC76 |
| 0.17% | ANSS | ANSYS INC | -- | $53,317.30 | 163 | 2045623 |
| 0.16% | GFS | GLOBALFOUNDRIES INC | -- | $52,161.84 | 1,026 | BMW7F63 |
| 0.15% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $49,333.35 | 319 | 2122117 |
| 0.13% | DLTR | DOLLAR TREE INC | -- | $43,486.66 | 406 | 2272476 |
| 0.11% | -- | ARM HOLDINGS PLC ADR USD 0.001 | -- | $35,961.20 | 220 | -- |
| 0.11% | MDB | MONGODB INC | -- | $35,343.68 | 136 | BF2FJ99 |
| 0.10% | WBD | WARNER BROS DISCOVERY INC | -- | $32,853.60 | 4,563 | BM8JYX3 |
| 0.10% | ILMN | ILLUMINA INC | -- | $31,230.96 | 296 | 2613990 |
| 0.06% | WBA | WALGREENS BOOTS ALLIANCE INC | -- | $18,592.99 | 1,607 | BTN1Y44 |
| -- | -- | GRAIL INC COMMON STOCK USD | -- | $767.55 | 51 | -- |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $4,054,581.28 | 4,054,581 | -- |
Index
Options Position
- TypeNasdaq-100 Index Call
- Expiration Date7/03/2024
- Strike Price20,240
- Moneyness101.14%
- Target Notional Value100% Net Assets
- FIGIBBG01NG6C3T6
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
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.