ProShares Monthly Icome
Asset Allocation
| Position | Category/Sector | Weight |
|---|---|---|
IQQQ ProShares Nasdaq-100 High Income ETF | Derivative Income, Dividend | 50% |
ISPY ProShares S&P 500 High Income ETF | Derivative Income | 50% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Monthly Icome, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is rebalanced Quarterly
The earliest data available for this chart is Mar 20, 2024, corresponding to the inception date of IQQQ
Returns By Period
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | 24.34% | 0.23% | 8.53% | 24.95% | 13.01% | 11.06% |
| ProShares Monthly Icome | N/A | 1.75% | 8.31% | N/A | N/A | N/A |
| Portfolio components: | ||||||
ISPY ProShares S&P 500 High Income ETF | 22.71% | 0.74% | 9.10% | 23.54% | N/A | N/A |
IQQQ ProShares Nasdaq-100 High Income ETF | N/A | 2.76% | 7.48% | N/A | N/A | N/A |
Monthly Returns
The table below presents the monthly returns of ProShares Monthly Icome, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.57% | -3.71% | 4.92% | 4.26% | -0.77% | 2.10% | 2.64% | -0.65% | 5.01% | 14.71% |
Expense Ratio
ProShares Monthly Icome features an expense ratio of 0.55%, falling within the medium range. Below you can find the expense ratios of portfolio funds side-by-side and effortlessly compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
ISPY ProShares S&P 500 High Income ETF | — | 2.81 | 1.39 | — | — |
IQQQ ProShares Nasdaq-100 High Income ETF | — | — | — | — | — |
Not enough dataDividends
Dividend yield
ProShares Monthly Icome provided a 7.99% dividend yield over the last twelve months.
| TTM | |
|---|---|
| Portfolio | 7.99% |
| Portfolio components: | |
ISPY ProShares S&P 500 High Income ETF | 9.20% |
IQQQ ProShares Nasdaq-100 High Income ETF | 6.78% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Monthly Icome. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the ProShares Monthly Icome was 10.24%, occurring on Aug 5, 2024. Recovery took 37 trading sessions.
The current ProShares Monthly Icome drawdown is 3.66%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.24% | Jul 11, 2024 | 18 | Aug 5, 2024 | 37 | Sep 26, 2024 | 55 |
| -5.69% | Mar 25, 2024 | 19 | Apr 19, 2024 | 17 | May 14, 2024 | 36 |
| -3.96% | Dec 17, 2024 | 3 | Dec 19, 2024 | — | — | — |
| -2.81% | Nov 12, 2024 | 4 | Nov 15, 2024 | 7 | Nov 26, 2024 | 11 |
| -2.7% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
Volatility
Volatility Chart
The current ProShares Monthly Icome volatility is 4.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| IQQQ | ISPY | |
|---|---|---|
| IQQQ | 1.00 | 0.92 |
| ISPY | 0.92 | 1.00 |