IQQQ
Nasdaq-100 High Income ETF
First Nasdaq-100 ETF powered by a daily call options strategy.
Why 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 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 | -0.56% | 3.69% | 12.36% | -- | -- | -- | -- | -- | 9.72% | 03/18/2024 |
| IQQQ NAV | -0.61% | 3.55% | 12.49% | -- | -- | -- | -- | -- | 9.69% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | -0.57% | 3.68% | 12.99% | -- | -- | -- | -- | -- | 10.34% | -- |
| Fund + Index | 1m | 3m | 6m | YTD | 1Y | 3Y | 5Y | 10Y | Since Inception | Inception Date |
|---|---|---|---|---|---|---|---|---|---|---|
| IQQQ Market Price | 2.64% | 1.72% | 8.41% | -- | -- | -- | -- | -- | 10.34% | 03/18/2024 |
| IQQQ NAV | 2.65% | 1.91% | 8.60% | -- | -- | -- | -- | -- | 10.36% | 03/18/2024 |
| Nasdaq-100 Daily Covered Call Index | 2.68% | 2.10% | 9.12% | -- | -- | -- | -- | -- | 10.98% | -- |
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
Characteristics
as of 10/31/2024- Number of Companies 102
- Price/Earnings Ratio 33.96
- Price/Book Ratio 7.84
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 $270.80 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.
Price
as of 11/20/2024- NAV $42.48
- NAV Change $-0.04
- Market Price $42.52
- Market Price Change $-0.02
- Trading Volume (M) 31,273
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
as of 9/30/2024- SEC 30-Day Yield 0.51%
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 Rate 9.29%
Distribution Rate 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 3/18/24
- Expense Ratio 0.55%
- NAV Calculation Time 4:00 p.m. ET
Characteristics
as of 10/31/2024- Number of Companies 102
- Price/Earnings Ratio 33.96
- Price/Book Ratio 7.84
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 $270.80 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.
Price
as of 11/20/2024- NAV $42.48
- NAV Change $-0.04
- Market Price $42.52
- Market Price Change $-0.02
- Trading Volume (M) 31,273
- 30-Day Median Bid Ask Spread 0.00%
- View Premium / Discount
Distributions
as of 9/30/2024- SEC 30-Day Yield 0.51%
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 Rate 9.29%
Distribution Rate represents the annualized yield based on the last income distribution.
- Distribution Frequency Monthly
- Distribution Details
*The Annualized Distribution Rate is the annualized payout, expressed as a percentage of NAV, that an investor would receive, assuming the latest monthly distribution remained the same over the next 12 months. Distributions include return of capital, as well as ordinary dividends and capital gains. See 19a-1 notice for estimated percentage of return of capital. Distributions will reduce the NAV by the amount of the distribution. The Annualized Distribution Rate 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 6/28/2024
Holdings
as of 11/20/2024
| Weight | Ticker | Description | Exposure Value (Notional + GL) |
Market Value | Shares/Contracts | SEDOL Number |
|---|---|---|---|---|---|---|
| 99.98% | -- | NASDAQ-100 DAILY COVERED CALL INDEX CALL ONLY SWAP GOLDMAN SACHS INTERNATIONAL | 64,567,378 | -- | 712,979 | -- |
| 8.24% | NVDA | NVIDIA CORP | -- | $5,318,128.17 | 36,453 | 2379504 |
| 8.01% | AAPL | APPLE INC | -- | $5,174,026.00 | 22,594 | 2046251 |
| 7.11% | MSFT | MICROSOFT CORP | -- | $4,589,502.54 | 11,046 | 2588173 |
| 6.43% | -- | NASDAQ 100 E-MINI EQUITY INDEX 20/DEC/2024 NQZ4 INDEX | 4,149,800 | -- | 10 | -- |
| 4.90% | AMZN | AMAZON.COM INC | -- | $3,164,319.36 | 15,597 | 2000019 |
| 4.52% | META | META PLATFORMS INC-CLASS A | -- | $2,920,910.80 | 5,165 | B7TL820 |
| 4.50% | AVGO | BROADCOM INC | -- | $2,903,891.00 | 17,788 | BDZ78H9 |
| 3.81% | TSLA | TESLA INC | -- | $2,457,827.58 | 7,186 | B616C79 |
| 2.45% | COST | COSTCO WHOLESALE CORP | -- | $1,579,592.16 | 1,702 | 2701271 |
| 2.37% | GOOGL | ALPHABET INC-CL A | -- | $1,532,257.86 | 8,707 | BYVY8G0 |
| 2.28% | GOOG | ALPHABET INC-CL C | -- | $1,471,839.00 | 8,300 | BYY88Y7 |
| 2.25% | NFLX | NETFLIX INC | -- | $1,455,700.95 | 1,647 | 2857817 |
| 1.63% | TMUS | T-MOBILE US INC | -- | $1,054,434.66 | 4,478 | B94Q9V0 |
| 1.38% | CSCO | CISCO SYSTEMS INC | -- | $889,180.00 | 15,464 | 2198163 |
| 1.32% | AMD | ADVANCED MICRO DEVICES | -- | $854,771.20 | 6,212 | 2007849 |
| 1.32% | ADBE | ADOBE INC | -- | $850,149.00 | 1,702 | 2008154 |
| 1.30% | PEP | PEPSICO INC | -- | $836,877.28 | 5,272 | 2681511 |
| 1.28% | LIN | LINDE PLC | -- | $825,106.62 | 1,833 | BNZHB81 |
| 1.14% | ISRG | INTUITIVE SURGICAL INC | -- | $739,042.48 | 1,364 | 2871301 |
| 1.08% | INTU | INTUIT INC | -- | $698,093.80 | 1,073 | 2459020 |
| 1.08% | TXN | TEXAS INSTRUMENTS INC | -- | $694,655.95 | 3,505 | 2885409 |
| 1.02% | QCOM | QUALCOMM INC | -- | $659,658.52 | 4,276 | 2714923 |
| 1.00% | BKNG | BOOKING HOLDINGS INC | -- | $647,119.47 | 129 | BDRXDB4 |
| 0.99% | CMCSA | COMCAST CORP-CLASS A | -- | $637,455.72 | 14,828 | 2044545 |
| 0.92% | AMGN | AMGEN INC | -- | $593,587.94 | 2,062 | 2023607 |
| 0.88% | HON | HONEYWELL INTERNATIONAL INC | -- | $565,314.98 | 2,494 | 2020459 |
| 0.84% | AMAT | APPLIED MATERIALS INC | -- | $539,430.36 | 3,164 | 2046552 |
| 0.76% | PANW | PALO ALTO NETWORKS INC | -- | $488,362.27 | 1,243 | B87ZMX0 |
| 0.72% | ADP | AUTOMATIC DATA PROCESSING | -- | $467,293.35 | 1,565 | 2065308 |
| 0.69% | VRTX | VERTEX PHARMACEUTICALS INC | -- | $447,168.93 | 991 | 2931034 |
| 0.66% | SBUX | STARBUCKS CORP | -- | $427,431.00 | 4,350 | 2842255 |
| 0.66% | GILD | GILEAD SCIENCES INC | -- | $423,562.77 | 4,779 | 2369174 |
| 0.65% | MU | MICRON TECHNOLOGY INC | -- | $418,662.72 | 4,256 | 2588184 |
| 0.62% | ADI | ANALOG DEVICES INC | -- | $402,185.06 | 1,906 | 2032067 |
| 0.61% | INTC | INTEL CORP | -- | $394,076.13 | 16,413 | 2463247 |
| 0.58% | MELI | MERCADOLIBRE INC | -- | $376,595.70 | 195 | B23X1H3 |
| 0.57% | APP | APPLOVIN CORP-CLASS A | -- | $370,750.80 | 1,140 | BMV3LG4 |
| 0.54% | LRCX | LAM RESEARCH CORP | -- | $349,199.25 | 4,985 | BSML4N7 |
| 0.52% | CTAS | CINTAS CORP | -- | $338,406.25 | 1,547 | 2197137 |
| 0.51% | PYPL | PAYPAL HOLDINGS INC | -- | $332,519.76 | 3,924 | BYW36M8 |
| 0.51% | MDLZ | MONDELEZ INTERNATIONAL INC-A | -- | $330,281.34 | 5,127 | B8CKK03 |
| 0.49% | SNPS | SYNOPSYS INC | -- | $319,520.40 | 590 | 2867719 |
| 0.49% | CDNS | CADENCE DESIGN SYS INC | -- | $319,514.51 | 1,051 | 2302232 |
| 0.49% | KLAC | KLA CORP | -- | $318,284.28 | 516 | 2480138 |
| 0.48% | CRWD | CROWDSTRIKE HOLDINGS INC - A | -- | $312,683.95 | 893 | BJJP138 |
| 0.48% | REGN | REGENERON PHARMACEUTICALS | -- | $309,233.60 | 416 | 2730190 |
| 0.47% | MAR | MARRIOTT INTERNATIONAL -CL A | -- | $302,874.58 | 1,081 | 2210614 |
| 0.46% | MRVL | MARVELL TECHNOLOGY INC | -- | $298,784.50 | 3,325 | BNKJSM5 |
| 0.46% | PDD | PDD HOLDINGS INC | -- | $298,680.36 | 2,564 | BYVW0F7 |
| 0.44% | CEG | CONSTELLATION ENERGY | -- | $282,504.00 | 1,200 | BMH4FS1 |
| 0.42% | FTNT | FORTINET INC | -- | $271,433.20 | 2,936 | B5B2106 |
| 0.41% | ORLY | O'REILLY AUTOMOTIVE INC | -- | $265,118.01 | 223 | B65LWX6 |
| 0.40% | CSX | CSX CORP | -- | $257,269.94 | 7,442 | 2160753 |
| 0.39% | ADSK | AUTODESK INC | -- | $254,583.68 | 827 | 2065159 |
| 0.39% | DASH | DOORDASH INC - A | -- | $254,167.20 | 1,476 | BN13P03 |
| 0.37% | ASML | ASML HOLDING NV-NY REG SHS | -- | $238,351.66 | 362 | B908F01 |
| 0.35% | ABNB | AIRBNB INC-CLASS A | -- | $228,437.25 | 1,689 | BMGYYH4 |
| 0.35% | ROP | ROPER TECHNOLOGIES INC | -- | $225,823.95 | 411 | 2749602 |
| 0.34% | PCAR | PACCAR INC | -- | $221,299.88 | 2,012 | 2665861 |
| 0.33% | NXPI | NXP SEMICONDUCTORS NV | -- | $215,492.52 | 978 | B505PN7 |
| 0.33% | CHTR | CHARTER COMMUNICATIONS INC-A | -- | $213,237.76 | 548 | BZ6VT82 |
| 0.33% | TTD | TRADE DESK INC/THE -CLASS A | -- | $212,860.20 | 1,718 | BD8FDD1 |
| 0.33% | WDAY | WORKDAY INC-CLASS A | -- | $212,221.92 | 818 | B8K6ZD1 |
| 0.32% | FANG | DIAMONDBACK ENERGY INC | -- | $205,231.26 | 1,131 | B7Y8YR3 |
| 0.32% | CPRT | COPART INC | -- | $204,721.48 | 3,694 | 2208073 |
| 0.31% | MNST | MONSTER BEVERAGE CORP | -- | $201,912.00 | 3,760 | BZ07BW4 |
| 0.31% | AEP | AMERICAN ELECTRIC POWER | -- | $197,665.60 | 2,042 | 2026242 |
| 0.30% | PAYX | PAYCHEX INC | -- | $195,867.23 | 1,381 | 2674458 |
| 0.28% | FAST | FASTENAL CO | -- | $179,840.36 | 2,198 | 2332262 |
| 0.28% | ROST | ROSS STORES INC | -- | $178,329.60 | 1,280 | 2746711 |
| 0.27% | ODFL | OLD DOMINION FREIGHT LINE | -- | $176,393.59 | 823 | 2656423 |
| 0.26% | EA | ELECTRONIC ARTS INC | -- | $169,043.94 | 1,014 | 2310194 |
| 0.26% | BKR | BAKER HUGHES CO | -- | $168,954.03 | 3,813 | BDHLTQ5 |
| 0.26% | KDP | KEURIG DR PEPPER INC | -- | $166,768.20 | 5,205 | BD3W133 |
| 0.25% | DDOG | DATADOG INC - CLASS A | -- | $161,727.30 | 1,194 | BKT9Y49 |
| 0.24% | VRSK | VERISK ANALYTICS INC | -- | $155,457.40 | 547 | B4P9W92 |
| 0.23% | TEAM | ATLASSIAN CORP-CL A | -- | $150,706.30 | 614 | BQ1PC76 |
| 0.23% | XEL | XCEL ENERGY INC | -- | $149,907.00 | 2,140 | 2614807 |
| 0.23% | GEHC | GE HEALTHCARE TECHNOLOGY | -- | $148,829.70 | 1,753 | BL6JPG8 |
| 0.23% | EXC | EXELON CORP | -- | $148,723.20 | 3,840 | 2670519 |
| 0.23% | CTSH | COGNIZANT TECH SOLUTIONS-A | -- | $147,538.14 | 1,902 | 2257019 |
| 0.22% | KHC | KRAFT HEINZ CO/THE | -- | $143,314.08 | 4,641 | BYRY499 |
| 0.22% | AZN | ASTRAZENECA PLC-SPONS ADR | -- | $141,252.00 | 2,235 | 2989044 |
| 0.22% | LULU | LULULEMON ATHLETICA INC | -- | $139,356.12 | 452 | B23FN39 |
| 0.21% | MCHP | MICROCHIP TECHNOLOGY INC | -- | $134,082.08 | 2,059 | 2592174 |
| 0.21% | CCEP | COCA-COLA EUROPACIFIC PARTNE | -- | $133,970.37 | 1,763 | BYQQ3P5 |
| 0.20% | IDXX | IDEXX LABORATORIES INC | -- | $132,280.76 | 316 | 2459202 |
| 0.19% | TTWO | TAKE-TWO INTERACTIVE SOFTWRE | -- | $124,841.50 | 673 | 2122117 |
| 0.19% | CSGP | COSTAR GROUP INC | -- | $119,972.71 | 1,573 | 2262864 |
| 0.18% | ZS | ZSCALER INC | -- | $116,545.20 | 580 | BZ00V34 |
| 0.18% | DXCM | DEXCOM INC | -- | $115,719.12 | 1,538 | B0796X4 |
| 0.18% | ANSS | ANSYS INC | -- | $114,650.40 | 335 | 2045623 |
| 0.17% | ON | ON SEMICONDUCTOR | -- | $110,657.64 | 1,644 | 2583576 |
| 0.14% | WBD | WARNER BROS DISCOVERY INC | -- | $93,639.45 | 9,411 | BM8JYX3 |
| 0.14% | CDW | CDW CORP/DE | -- | $90,282.87 | 513 | BBM5MD6 |
| 0.14% | GFS | GLOBALFOUNDRIES INC | -- | $88,194.22 | 2,117 | BMW7F63 |
| 0.14% | BIIB | BIOGEN INC | -- | $87,204.00 | 559 | 2455965 |
| 0.12% | ILMN | ILLUMINA INC | -- | $80,456.48 | 611 | 2613990 |
| 0.12% | MDB | MONGODB INC | -- | $80,019.84 | 284 | BF2FJ99 |
| 0.10% | ARM | ARM HOLDINGS PLC-ADR | -- | $64,176.00 | 480 | BNSP5P7 |
| 0.09% | SMCI | SUPER MICRO COMPUTER INC | -- | $57,998.40 | 2,248 | BRC3N73 |
| 0.08% | MRNA | MODERNA INC | -- | $54,486.50 | 1,475 | BGSXTS3 |
| -- | GRAL | GRAIL INC | -- | $15.09 | 01 | BSLSSX7 |
| -- | -- | NET OTHER ASSETS (LIABILITIES) | -- | $4,197,081.81 | 4,197,082 | -- |
Index
Options Position
- TypeNasdaq-100 Index Call
- Expiration Date11/21/2024
- Strike Price20,825
- Moneyness100.76%
- Target Notional Value100% Net Assets
- FIGIBBG01QHSGX29
Characteristics
- Total Number of Companies102
- Price/Earnings Ratio35.083
- Price/Book Ratio8.007
- Dividend Yield ( % )0.80
- Avg. Index Market Capitalization$268.63 billion
About the Index
The Nasdaq-100® Daily Covered Call Index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. This combination is often referred to as a “covered call” strategy. Generally, in pursuing a covered call strategy, an investor holding a certain security sells (or "writes") a call option on the same security in an attempt to generate additional income.
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.