ProShares - Nasdaq-100 High Income ETF
$48.90−0.40 (−0.82%)
- Expense ratio
- 0.55%
- Fund size
- $409M
- 1Y return
- +18.4%
- Yield · Last 12 months
- 5.72%
- Holdings
- 108
- Volume · 30D
- 0.1M sh
- NAV per share
- $48.90
- 52W range
The ETF.net IQQQ Grade
Score 65 of 100 sits in the B band. Bands: A ≥ 70, B ≥ 55, C ≥ 40, D ≥ 25, F < 25; the scale skips E.
Cost
What you pay to own it — the expense ratio plus trading frictions, ranked within its category.AScore 70Category rankMission
How faithfully it does the job it claims — tracking its mandate or index with minimal slippage.AScore 86Category rankRisk
How violently it can move — volatility, drawdown depth, and downside capture versus its category.FScore 24Category rankTradability
How cheaply and easily you can get in and out — liquidity, spread, and premium/discount stability.AScore 74Category rankHoldings
What it actually owns — the quality, breadth, and concentration of the underlying portfolio.CScore 53Category rankDurability
Whether it will still be here — the fund’s assets, age, flows, and issuer staying power.BScore 67Category rank
Our read on IQQQ
BProShares runs the covered-call playbook on a daily clock: IQQQ sells calls on the Nasdaq-100 that expire every session, then pays out monthly with a stated floor of 6% annualized income. Big-tech exposure with a rent check attached.
IQQQ seeks high income through a daily covered-call strategy while pursuing long-term total returns consistent with the Nasdaq-100 Index.
Why people hold it
- Sells Nasdaq-100 calls that expire daily rather than monthly, so premium is harvested every session and the option positions reset constantly.proshares.com
- ProShares states a target of at least 6% annualized income, paid monthly. Most peers just pay what the options market gives them that month.proshares.com
- 0.55% a year undercuts the median fee in its Nasdaq-100 income cohort, and it sits in the upper half of that 27-fund group on our review.
- Holds roughly 100 stocks and keeps chasing Nasdaq-100 total return alongside the income, so it stays a growth-index fund with a yield overlay, not a bond substitute.
Worth knowing
- Written calls hand away part of a strong Nasdaq rally. The income is paid for with upside.proshares.com
- ProShares discloses that distributions can include return of capital, meaning some of a payout may be your own money coming back.proshares.com
- Launched in 2024, so the record is short, and cheaper Nasdaq-100 income rivals exist: QQA at 0.33%, GPIQ and JEPQ at 0.35%.
IQQQ Holdings
- Stocks
- 108
- 50%
- IQMM
Sectors
- Technology52.7%
- Financials11.9%
- Communication11.4%
- Consumer Discr.9.1%
- Cons. Staples5.4%
- Industrials3.7%
- Health Care3.4%
- Utilities1.0%
- Materials0.8%
- Energy0.5%
Geography
- United States96.07%
- United Kingdom1.45%
- Netherlands1.20%
- Canada0.74%
- Uruguay0.35%
- Ireland0.20%
IQQQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Returns run to the Sep 22, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | IQQQ |
|---|---|
| Year to date | +16.1% |
| 1 month | +2.9% |
| 3 months | −1.0% |
| 1 year | +18.4% |
| 3 years | — |
| 5 years | — |
| 10 years | — |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | IQQQ |
|---|---|---|
| 2026 YTD | +16.1% | |
| 2025 | +17.0% | |
| 2024 | +13.5% |
IQQQ in the news
ETF.net Research hasn’t filed on IQQQ yet — coverage lands here as it’s written.
IQQQ Dividends
- 5.72%
- $2.82
- $0.23 per share
- Monthly
Distribution history
| Ex-date | Pay date | Amount per share |
|---|---|---|
| Sep 1, 2026 | Sep 8, 2026 | $0.23 |
| Aug 3, 2026 | Aug 7, 2026 | $0.24 |
| Jul 1, 2026 | Jul 8, 2026 | $0.46 |
| Jun 1, 2026 | Jun 5, 2026 | $0.24 |
| May 1, 2026 | May 7, 2026 | $0.35 |
| Apr 1, 2026 | Apr 8, 2026 | $0.25 |
| Mar 2, 2026 | Mar 6, 2026 | $0.20 |
| Feb 2, 2026 | Feb 6, 2026 | $0.22 |
| Dec 24, 2025 | Dec 31, 2025 | $0.11 |
| Dec 1, 2025 | Dec 5, 2025 | $0.28 |
| Nov 3, 2025 | Nov 7, 2025 | $0.14 |
| Oct 1, 2025 | Oct 7, 2025 | $0.09 |
IQQQ Risk
- 16.5%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.84
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.4%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 1.18
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
IQQQ Cost
- The middle half of Nasdaq-100 Option Income funds
- Median 0.74%
9 of the 31 Nasdaq-100 Option Income funds charge less.