# ProShares - Nasdaq-100 High Income ETF (IQQQ): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/iqqq for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: ProShares · Asset class: Equity - Strategy: Passive Index · Inception: 2024-03-18 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. ## Key Facts | Metric | Value | |---|---| | Price | $46.38 | | Expense Ratio | 0.55% | | Assets Under Management | $385.4M | | NAV | $46.37 | | Holdings Count | 107 | | Distribution Yield (TTM) | 6.43% | | Annual Distribution (TTM) | $2.98 /share | | Distribution Frequency | Monthly | | 52-Week Range | $40.43 – $51.66 | | Beta | 1.16 | ## Latest Distribution - Amount: $0.2561 /share - Ex-date: 2026-10-01 - Pay date: 2026-10-07 ## Frequently Asked Questions ### 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 6.43%, 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 $385.4M 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. ### Does IQQQ pay a dividend? Yes, ProShares - Nasdaq-100 High Income ETF (IQQQ) distributes dividends to shareholders. The trailing-twelve-month yield is 6.43%. Full dividend history is on this page. ### How often does IQQQ pay dividends? ProShares - Nasdaq-100 High Income ETF pays dividends Monthly. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### When is IQQQ's next ex-dividend date? The most recently announced ex-dividend date for IQQQ was 2026-10-01. The next ex-date typically follows Monthly; once announced it appears at the top of the dividend history table on this page. ### How much will IQQQ's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 0.55% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does IQQQ charge its expense ratio? The expense ratio is deducted in tiny daily slices from IQQQ's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does IQQQ cost more than a fund like VOO? IQQQ is a passive index fund (current expense ratio 0.55%). Differences from broad-market ETFs like VOO usually come from index licensing fees, asset class (bond funds typically run cheaper than equity), or fund scale (smaller funds spread fixed operating costs across less AUM). ### Are there cheaper alternatives to IQQQ? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as IQQQ (0.55%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/iqqq - Distribution history: https://www.dividenddata.com/funds/iqqq/dividend - Holdings & diversification: https://www.dividenddata.com/funds/iqqq/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/iqqq/expenses - Peer comparison: https://www.dividenddata.com/funds/iqqq/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.