IQQQ - ETF AI Analysis
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ProShares Nasdaq-100 High Income ETF (IQQQ)
Rating:62Neutral
Price Target:―
Positive Factors
Large, Well-Known Tech Leaders
The ETF’s biggest positions are in major, established technology and internet companies that are widely followed and influential in the market.
Sector Diversification Beyond Technology
While technology is the largest slice, the fund also holds stocks in communication services, consumer, health care, and several other sectors, which helps spread risk across different parts of the economy.
Meaningful Fund Size
With hundreds of millions in assets, the ETF is large enough to offer reasonable trading liquidity and stability compared with very small niche funds.
Negative Factors
Recent Weak Performance
The ETF has shown negative returns over the past month, three months, and year-to-date, indicating recent performance has been weak.
Heavy Concentration in a Few Mega-Cap Stocks
A small group of big names like Nvidia, Apple, Microsoft, and Amazon make up a large share of the portfolio, so the fund’s results are highly sensitive to how these individual stocks perform.
High Fee for a Passive Equity ETF
The expense ratio is on the higher side for an index-based stock ETF, which means more of the fund’s returns are eaten up by costs over time.
IQQQ vs. SPDR S&P 500 ETF (SPY)
AUM349.65M
RegionNorth America
Expense Ratio0.55%
Beta1.14
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. Volume72,061
30 Day Avg. Volume68,820
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
52.71Price Target Upside― Downside
Rating ConsensusModerate Buy
Number of Analyst Covering96
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
IQQQ Summary
The ProShares Nasdaq-100 High Income ETF (IQQQ) follows the Nasdaq-100 Daily Covered Call Index, which is built from many of the largest non‑financial companies on the Nasdaq. It mainly holds big U.S. technology and communication firms, including well-known names like Apple and Nvidia. This ETF aims to provide investors with a mix of potential growth from leading companies and higher income through its strategy, making it appealing for those seeking income plus stock market exposure. A key risk is that it is heavily tilted toward tech and can still go up and down with the overall stock market.
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 out front as a key engine of recent gains and Meta and Walmart adding steady lift in the background. Apple has perked up lately but its earlier stumbles mean it’s not pulling as hard as it could. On the other side, Microsoft and Amazon have been losing a bit of steam, acting as mild brakes, while Tesla and Broadcom are more mixed. Overall, this is a U.S.-only, Big Tech–centric income play where a handful of giants largely set the tone.
Name | Company Name | Weight % | Market Value | Market Cap | Yearly Gain | Overall Rating |
|---|---|---|---|---|---|---|
| ― | 8.78% | $30.04M | ― | ― | ― | |
| Nvidia | 7.31% | $25.02M | $4.20T | 46.73% | 76 Outperform | |
| Apple | 6.34% | $21.70M | $3.64T | 13.62% | 79 Outperform | |
| Microsoft | 4.94% | $16.90M | $2.84T | -2.40% | 79 Outperform | |
| Amazon | 3.84% | $13.14M | $2.20T | 4.67% | 71 Outperform | |
| Tesla | 3.20% | $10.94M | $1.38T | 47.95% | 73 Outperform | |
| Alphabet Class A | 3.05% | $10.45M | $3.63T | 83.55% | 85 Outperform | |
| Meta Platforms | 3.05% | $10.44M | $1.50T | -0.43% | 76 Outperform | |
| Alphabet Class C | 2.83% | $9.68M | $3.63T | 79.72% | 82 Outperform | |
| Walmart | 2.80% | $9.57M | $948.88B | 38.43% | 78 Outperform |
IQQQ Technical Analysis
Negative
―
Price Trends
44.03
Negative
44.09
Negative
42.52
Negative
Market Momentum
-0.30
Positive
36.54
Neutral
18.51
Positive
Evaluating momentum and price trends is crucial in ETF analysis to make informed investment decisions. For IQQQ, the sentiment is Negative. The current price of undefined is equal to the 20-day moving average (MA) of 43.61, equal to the 50-day MA of 44.03, and equal to the 200-day MA of 42.52, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 36.54 is Neutral, neither overbought nor oversold. The STOCH value of 18.51 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IQQQ.
IQQQ Peer Comparison
Comparison Results
Performance Comparison
IQQQ
ProShares Nasdaq-100 High Income ETF
42.20
6.31
17.58%
AVLC
Avantis U.S. Large Cap Equity ETF
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STRV
Strive 500 ETF
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EFIV
SPDR S&P 500 ESG ETF
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VOTE
Engine No. 1 Transform 500 ETF
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QQQJ
Invesco NASDAQ Next Gen 100 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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