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IQQQ - AI Analysis
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ProShares Nasdaq-100 High Income ETF (IQQQ)
Rating:71Outperform
Price Target:
$50.00
Positive Factors
Strong Top Holdings
Several of the ETF's largest positions, like Nvidia and Broadcom, have delivered strong year-to-date performance, driving overall returns.
Sector Diversification
The ETF invests across multiple sectors, including technology, communication services, and consumer cyclical, reducing reliance on a single industry.
Healthy Performance Trends
The ETF has shown steady gains over the past three months and year-to-date, indicating positive momentum.
Negative Factors
High Technology Concentration
Over 50% of the ETF is allocated to the technology sector, making it vulnerable to downturns in tech stocks.
Limited Geographic Exposure
The ETF is heavily focused on U.S. companies, with minimal exposure to international markets, which limits diversification.
Moderate Expense Ratio
The expense ratio of 0.55% is higher than some low-cost ETFs, which could slightly reduce long-term returns.
IQQQ vs. SPDR S&P 500 ETF (SPY)
AUM304.82M
RegionNorth America
Expense Ratio0.55%
Beta1.13
IssuerProShares
Inception DateMar 18, 2024
Dividend Yield10.19%
Asset ClassEquity
Index TrackedNasdaq-100 Daily Covered Call Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume48,443
30 Day Avg. Volume58,496
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
51.38Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering103
IQQQ Summary
The ProShares Nasdaq-100 High Income ETF (IQQQ) is an investment fund that focuses on large, well-known companies from the Nasdaq-100 Index, such as Apple and Nvidia. This ETF is designed to provide investors with both growth potential and income, making it a good option for those looking to diversify their portfolio while earning regular income. It includes companies from sectors like technology, communication services, and consumer goods, with a strong focus on U.S.-based businesses. However, since it heavily relies on tech stocks, its performance can be sensitive to changes in the technology sector.
How much will it cost me?The ProShares Nasdaq-100 High Income ETF (IQQQ) has an expense ratio of 0.55%, which means you’ll pay $5.50 per year for every $1,000 invested. This is higher than average because the ETF uses an active strategy focused on generating high income, which typically involves more management and higher costs.
What would affect this ETF?The ProShares Nasdaq-100 High Income ETF (IQQQ) could benefit from continued growth in the technology sector, as its top holdings like Nvidia, Apple, and Microsoft are leaders in innovation and digital transformation. However, rising interest rates or regulatory changes targeting large-cap tech companies could negatively impact the ETF's performance, as these factors may reduce profitability or investor sentiment in the sector. Additionally, economic slowdowns in the U.S., where the ETF is geographically focused, could affect consumer spending and broader market conditions.
IQQQ Top 10 Holdings
The ProShares Nasdaq-100 High Income ETF leans heavily into technology, with over half its portfolio in the sector, making it a bet on innovation and growth. Nvidia, a standout performer thanks to its AI-driven momentum, is helping drive the fund’s gains, while Apple and Microsoft offer steady contributions with their strong fundamentals. However, Amazon and Meta have been lagging recently, holding back broader performance. With its focus on U.S. large-cap names, this ETF is riding the wave of tech dominance but remains vulnerable to sector-specific volatility.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 9.96% | $30.42M | $4.92T | 49.55% | 85 Outperform | |
| Apple | 8.12% | $24.80M | $4.01T | 21.29% | 80 Outperform | |
| Microsoft | 7.79% | $23.79M | $3.85T | 26.18% | 82 Outperform | |
| Broadcom | 5.82% | $17.77M | $1.75T | 118.82% | 76 Outperform | |
| Amazon | 5.27% | $16.10M | $2.60T | 23.39% | 76 Outperform | |
| Tesla | 3.37% | $10.28M | $1.52T | 83.37% | 73 Outperform | |
| Alphabet Class A | 3.31% | $10.11M | $3.40T | 64.16% | 80 Outperform | |
| Alphabet Class C | 3.10% | $9.46M | $3.40T | 63.23% | 80 Outperform | |
| Meta Platforms | 2.85% | $8.70M | $1.63T | 14.32% | 71 Outperform | |
| Netflix | 2.37% | $7.23M | $474.10B | 47.98% | 69 Neutral |
IQQQ Technical Analysis
Positive
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Price Trends
43.70
Positive
42.20
Positive
39.61
Positive
Market Momentum
0.73
Negative
65.14
Neutral
85.70
Negative
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IQQQ, the sentiment is Positive. The current price of undefined is equal to the 20-day moving average (MA) of 44.88, equal to the 50-day MA of 43.70, and equal to the 200-day MA of 39.61, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 65.14 is Neutral, neither overbought nor oversold. The STOCH value of 85.70 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IQQQ.
IQQQ Peer Comparison
Comparison Results
Performance Comparison
IQQQ
ProShares Nasdaq-100 High Income ETF
46.28
9.50
25.83%
SEIM
SEI Enhanced U.S. Large Cap Momentum Factor ETF
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VOTE
Engine No. 1 Transform 500 ETF
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ONEY
SPDR Russell 1000 Yield Focus ETF
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AVLC
Avantis U.S. Large Cap Equity ETF
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DSPY
Tema S&P 500 Historical Weight ETF Strategy
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Glossary
BuyAn ETF rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF is likely to deliver higher returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldAn ETF rated as a "Hold" s expected to perform in line with the overall market or a specific benchmark. This rating indicates that the ETF is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellAn ETF rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the ETF may deliver lower returns compared to other ETFs in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst ETF Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in ETFs carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: ―
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