- CUSIP
- 74347G234
- Issuer
- ProShares
- Inception Date
- Mar 18, 2024
- Category
- Nasdaq-100, Derivative Income, Dividend
- Leveraged
- 1x (No leverage)
- Index Tracked
- Nasdaq-100 Daily Covered Call Index
- Distribution Policy
- Distributing
- Asset Class
- Alternatives
- Assets Under Management
- $427M
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
IQQQ Performance Chart
ProShares Nasdaq-100 High Income ETF (IQQQ) is up 17.7% since the beginning of the year. IQQQ is currently trading at $51 per share.
Loading charts...
Returns By Period
ProShares Nasdaq-100 High Income ETF (IQQQ) has returned 17.74% so far this year and 37.52% over the past 12 months.
ProShares Nasdaq-100 High Income ETF
- 1D
- 2.57%
- 1M
- 2.84%
- YTD
- 17.74%
- 6M
- 17.33%
- 1Y
- 37.52%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- 0.00%
- 1M
- -0.71%
- YTD
- 8.39%
- 6M
- 8.57%
- 1Y
- 24.33%
- 3Y*
- 18.94%
- 5Y*
- 12.24%
- 10Y*
- 13.54%
IQQQ Monthly Returns History
Based on dividend-adjusted daily data since Mar 20, 2024, IQQQ's average daily return is +0.09%, while the average monthly return is +1.75%. At this rate, an investment would double in approximately 3.3 years.
Historically, 57% of months were positive and 43% were negative. The best month was Apr 2026 with a return of +13.4%, while the worst month was Mar 2025 at -6.6%. The longest winning streak lasted 6 consecutive months, and the longest losing streak was 3 months.
On a daily basis, IQQQ closed higher 59% of trading days. The best single day was Apr 9, 2025 with a return of +5.7%, while the worst single day was Apr 4, 2025 at -6.8%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 1.33% | -1.80% | -4.90% | 13.42% | 9.73% | -0.04% | 17.74% | ||||||
| 2025 | 1.50% | -2.38% | -6.57% | -1.60% | 8.14% | 6.85% | 2.28% | 0.68% | 5.55% | 5.30% | -2.42% | -0.37% | 17.11% |
| 2024 | 1.57% | -4.04% | 5.50% | 5.27% | -2.44% | 1.58% | 2.57% | -0.57% | 5.04% | -0.09% | 14.82% |
Benchmark Metrics
ProShares Nasdaq-100 High Income ETF has an annualized alpha of 3.46%, beta of 1.09, and R2 of 0.85 versus S&P 500 Index. Calculated based on daily prices since March 20, 2024.
- This ETF captured 117.94% of S&P 500 Index gains but only 95.19% of its losses - a favorable profile for investors.
- This ETF generated an annualized alpha of 3.46% versus S&P 500 Index - delivering returns beyond what market exposure alone would predict.
- With beta of 1.09 and R2 of 0.85, this ETF moves broadly in line with S&P 500 Index - much of its variation is explained by market exposure rather than independent behavior.
- Alpha
- 3.46%
- Beta
- 1.09
- R²
- 0.85
- Upside Capture
- 117.94%
- Downside Capture
- 95.19%
Expense Ratio
IQQQ has an expense ratio of 0.55%, placing it in the medium range.
Return for Risk
Risk / Return Rank
IQQQ ranks 67 for risk / return — better than 67% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for ProShares Nasdaq-100 High Income ETF (IQQQ) and compare them to S&P 500 Index.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| IQQQ | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +0.27 | ||
| Sortino ratioReturn per unit of downside risk | +0.20 | ||
| Omega ratioGain probability vs. loss probability | 1.38 | 1.35 | +0.03 |
| Calmar ratioReturn relative to maximum drawdown | 3.34 | 2.66 | +0.68 |
| Martin ratioReturn relative to average drawdown | 11.49 | 11.86 | -0.37 |
Dividends
Dividend History
ProShares Nasdaq-100 High Income ETF provided a 4.46% dividend yield over the last twelve months, with an annual payout of $2.27 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $2.27 | $4.60 | $3.10 |
Dividend yield | 4.46% | 10.34% | 7.27% |
Monthly Dividends
The table displays the monthly dividend distributions for ProShares Nasdaq-100 High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.22 | $0.20 | $0.25 | $0.35 | $0.24 | $1.28 | ||||||
| 2025 | $0.00 | $0.45 | $0.28 | $0.90 | $1.55 | $0.42 | $0.17 | $0.03 | $0.18 | $0.09 | $0.14 | $0.39 | $4.60 |
| 2024 | $0.36 | $0.29 | $0.36 | $0.35 | $0.82 | $0.32 | $0.10 | $0.50 | $3.10 |
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.
Loading charts...
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 20.41%, occurring on Apr 8, 2025. Recovery took 56 trading sessions.
The current ProShares Nasdaq-100 High Income ETF drawdown is 1.13%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
2025 selloff2025 | -20.41%Apr 2025 | 3mo 22d | 2mo 23d | 6mo 15dDec 2024 - Jun 2025 |
2024 correction2024 | -13.07%Aug 2024 | 25d | 3mo 3d | 3mo 28dJul 2024 - Nov 2024 |
2026 correction2026 | -11.13%Mar 2026 | 5mo 1d | 18d | 5mo 19dOct 2025 - Apr 2026 |
2024 pullback2024 | -6.82%Apr 2024 | 25d | 26d | 1mo 21dMar 2024 - May 2024 |
2026 pullback2026 | -6.56%Jun 2026 | 7d | — | 19d 8hJun 2026 - now |
Drawdown Indicators
| IQQQ | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -20.41% | -56.78% | +36.37% |
Max Drawdown (1Y)Largest decline over 1 year | -11.13% | -9.10% | -2.03% |
Max Drawdown (3Y)Largest decline over 3 years | — | -18.90% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -25.43% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -1.13% | -2.49% | +1.36% |
Average DrawdownAverage peak-to-trough decline | -3.63% | -10.72% | +7.09% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 3.22% | 2.03% | +1.19% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
Build a portfolio with IQQQ
Add ProShares Nasdaq-100 High Income ETF to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with IQQQ