ProShares - Nasdaq-100 High Income ETF
$48.82−0.15 (−0.31%)
- 0.55%
- $409M
- +20.8%
- 6.09%
- 0.1M sh
- $48.98
- low $40.43high $51.66
The ETF.net IQQQ Grade
B
Score 66 out of 100
- 11 of 31
Score 66 of 100 falls in the B band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.A70 out of 100Rank 10 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A86 out of 100Rank 12 of 19Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D31 out of 100Rank 25 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A72 out of 100Rank 5 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.C51 out of 100Rank 15 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.B66 out of 100Rank 10 of 31
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
- 103
- 50%
- IQMM
Sectors
- Technology53.5%
- Financials11.6%
- Communication10.4%
- Consumer Discretionary8.8%
- Consumer Staples5.1%
- Industrials4.9%
- Health Care3.5%
- Utilities0.9%
- Materials0.8%
- Energy0.4%
Geography
- United States95.32%
- United Kingdom1.44%
- Netherlands1.18%
- Canada0.87%
- Singapore0.67%
- Uruguay0.34%
- Ireland0.19%
IQQQ Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
IQQQ$12,078
Returns run to the Oct 12, 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 | +16.0% |
| 1 month | +2.5% |
| 3 months | +0.2% |
| 1 year | +20.8% |
| 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 | +16.0% | |
| 2025 | +17.0% | |
| 2024 | +13.5% |
IQQQ in the news
IQQQ Dividends
- 6.09%
- $2.98
- $0.26 per share
- Monthly
Distribution history
IQQQ Risk
- 16.2%
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.
- 0.86
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.
- 1.16
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
0.55%
IQQQ0.55%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
8 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- AFTQIFirst Trust Nasdaq BuyWrite Income ETFExpense ratio 0.75%1 year return +23.2%
- BTDAQTappAlpha Innovation 100 Growth & Daily Income ETFExpense ratio 0.68%1 year return +27.2%
- BQRMIGlobal X - Nasdaq 100 Risk Managed Income ETFExpense ratio 0.60%1 year return +9.5%
- BHEQQJPMorgan Nasdaq Hedged Equity Laddered Overlay ETFExpense ratio 0.50%1 year return +10.8%
- BQQQHNEOS Nasdaq-100 Hedged Equity Income ETFExpense ratio 0.68%1 year return +13.5%