ProShares - Nasdaq-100 High Income ETF

Frequently Asked Questions About IQQQ

What does IQQQ invest in?

This ETF aims to track an investment strategy that involves holding the Nasdaq-100 Index while also generating income by selling call options on that same index. Ordinarily, the fund commits a minimum of 80% of its entire portfolio to the individual stocks comprising the index or to other financial products with similar market exposure. It should be noted that this fund does not maintain a diversified portfolio.

What is the expense ratio of IQQQ?

ProShares - Nasdaq-100 High Income ETF (IQQQ) charges an expense ratio of 0.55%. This is the annual fee deducted from fund assets to cover management and operations.

What is IQQQ's dividend yield?

IQQQ's trailing-twelve-month yield is 5.84%, calculated from the sum of dividends over the past year divided by the current price.

How big is IQQQ?

ProShares - Nasdaq-100 High Income ETF (IQQQ) manages $405.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is IQQQ actively managed or an index fund?

IQQQ is a passive index fund — it tracks a published benchmark by holding the constituents in their published weights. Index funds typically charge low expense ratios (IQQQ's is 0.55%) because there's no security selection cost.

When was IQQQ launched?

ProShares - Nasdaq-100 High Income ETF (IQQQ) launched in March 2024 and is managed by ProShares.