ProShares Nasdaq-100 High Income ETF (IQQQ)
IQQQ is a passive ETF by ProShares tracking the investment results of the Nasdaq-100 Daily Covered Call Index. IQQQ launched on Mar 18, 2024 and has a 0.55% expense ratio.
ETF Info
| CUSIP | 74347G234 |
|---|---|
| Issuer | ProShares |
| Inception Date | Mar 18, 2024 |
| Category | Derivative Income, Dividend |
| Index Tracked | Nasdaq-100 Daily Covered Call Index |
| Distribution Policy | Distributing |
| Home Page | www.proshares.com |
| Asset Class | Alternatives |
Expense Ratio
IQQQ has a high expense ratio of 0.55%, indicating higher-than-average management fees.
Share Price Chart
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Popular comparisons: IQQQ vs. JEPQ, IQQQ vs. SPY
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Nasdaq-100 High Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 7.50% |
| 1 month | -1.51% | -1.61% |
| 6 months | N/A | 17.65% |
| 1 year | N/A | 26.26% |
| 5 years (annualized) | N/A | 11.73% |
| 10 years (annualized) | N/A | 10.64% |
Monthly Returns Heatmap
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 0.31% | -4.05% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for ProShares Nasdaq-100 High Income ETF (IQQQ) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
ProShares Nasdaq-100 High Income ETF granted a 0.91% dividend yield in the last twelve months. The annual payout for that period amounted to $0.36 per share.
| Period | TTM |
|---|---|
| Dividend | $0.36 |
Dividend yield | 0.91% |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Nasdaq-100 High Income ETF. 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 Nasdaq-100 High Income ETF was 6.82%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
The current ProShares Nasdaq-100 High Income ETF drawdown is 2.59%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.82% | Mar 25, 2024 | 19 | Apr 19, 2024 | — | — | — |
Volatility
Volatility Chart
The current ProShares Nasdaq-100 High Income ETF volatility is 5.38%, 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.