IQQQ - ETF AI Analysis
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ProShares Nasdaq-100 High Income ETF (IQQQ)
Rating:62Neutral
Price Target:―
Positive Factors
Strong Recent Performance
The ETF has shown positive returns over the year so far and in the most recent month, indicating solid recent momentum.
Leading Tech and Growth Holdings
Top positions in well-known technology and growth companies like Nvidia, Amazon, Broadcom, and Alphabet have delivered strong gains, helping support the fund’s results.
Meaningful Fund Size
With several hundred million dollars in assets, the ETF is large enough to offer reasonable trading liquidity for most everyday investors.
Negative Factors
High Concentration in a Few Stocks
A significant portion of the portfolio is tied up in a small number of big names such as Nvidia, Apple, Microsoft, and Tesla, which increases the impact of any sharp moves in those stocks.
Heavy Tilt Toward Technology
A large share of the fund is invested in the technology sector, which can make the ETF more sensitive to swings in tech stock sentiment and regulation.
Above-Average Expense Ratio
The fund’s fee is on the higher side for an ETF, which means more of the return is used to cover costs instead of staying in investors’ pockets.
IQQQ vs. SPDR S&P 500 ETF (SPY)
AUM399.11M
RegionNorth America
Expense Ratio0.55%
Beta1.13
IssuerProShares
Inception DateMar 18, 2024
Dividend Yield4.97%
Asset ClassEquity
Index TrackedNasdaq-100 Daily Covered Call Index - Benchmark TR Gross
Share Statistics
EPS (TTM)N/A
Shares OutstandingN/A
10 Day Avg. Volume52,124
30 Day Avg. Volume62,392
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
53.83Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering96
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IQQQ Summary
IQQQ is the ProShares Nasdaq-100 High Income ETF. It follows the Nasdaq-100 Daily Covered Call Index, which is built from many of the biggest non‑financial companies on the Nasdaq, such as Apple and Microsoft. Most of its holdings are large U.S. technology and communication companies, so it aims to offer both income and growth from well-known industry leaders. Someone might invest in IQQQ to get regular income plus exposure to major tech-driven companies in a single fund. A key risk is that it is heavily tilted toward tech and can go up and down sharply with that 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
IQQQ is riding the Nasdaq-100’s tech-heavy wave, with Nvidia and Broadcom doing much of the heavy lifting as their AI-fueled stories keep pushing higher. Amazon and Alphabet are also in the driver’s seat, with steady-to-rising trends that support the fund’s income-focused strategy. Apple looks more mixed, gaining recent traction but still shaking off earlier weakness, while Microsoft’s choppy path and a lagging Tesla occasionally hit the brakes. With all major holdings rooted in U.S. mega-cap tech and communication names, this ETF is firmly tied to the fate of Big Tech.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| Nvidia | 7.43% | $30.16M | $5.23T | 84.48% | 76 Outperform | |
| ― | 7.40% | $30.04M | ― | ― | ― | |
| Apple | 6.11% | $24.81M | $4.31T | 47.74% | 79 Outperform | |
| Microsoft | 4.38% | $17.78M | $3.08T | -5.38% | 79 Outperform | |
| Amazon | 4.16% | $16.88M | $2.93T | 41.24% | 71 Outperform | |
| Alphabet Class A | 3.32% | $13.46M | $4.84T | 162.39% | 85 Outperform | |
| Micron | 3.30% | $13.38M | $842.20B | 769.80% | 79 Outperform | |
| Alphabet Class C | 3.07% | $12.45M | $4.84T | 157.19% | 82 Outperform | |
| Tesla | 3.04% | $12.33M | $1.61T | 43.62% | 73 Outperform | |
| Advanced Micro Devices | 2.91% | $11.82M | $742.23B | 342.62% | 73 Outperform |
IQQQ Technical Analysis
Positive
―
Price Trends
43.87
Positive
43.76
Positive
42.93
Positive
Market Momentum
1.42
Negative
81.64
Negative
96.28
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 46.11, equal to the 50-day MA of 43.87, and equal to the 200-day MA of 42.93, indicating a bullish trend. The MACD of 1.42 indicates Negative momentum. The RSI at 81.64 is Negative, neither overbought nor oversold. The STOCH value of 96.28 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
49.25
13.57
38.03%
MODL
VictoryShares WestEnd U.S. Sector ETF
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QLC
FlexShares US Quality Large Cap Index Fund
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SPHB
Invesco S&P 500 High Beta ETF
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NBCR
Neuberger Berman Core Equity ETF
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ONEY
SPDR Russell 1000 Yield Focus ETF
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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.
DisclaimerThis 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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