IQQQProShares
ProShares Nasdaq-100 High Income ETF
$48.13+0.40% today
415252-WK
SOURCE: MARKET TAPE & DAILY CREATION/REDEMPTION RECORDS · 6M SHOWN
The desk’s read
Flows are quiet — the past month netted out near zero, while the price has returned +8.4% so far this year. At 0.55% a year it is not the cheapest way in — ESMV runs the same ground at 0.18%.
COMPOSED FROM THE FUND’S OWN DAILY RECORDS · UPDATED WITH EACH REFRESH
$72Massets under management
0.55%expense ratio · $55 per $10,000 a year
—net flow, trailing month
41Kavg daily volume, 30 days
104holdings
2024listed March 17, 2024 · beta 1.32
Sector weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Country weights
PORTFOLIO COMPOSITION, LATEST DISCLOSURE
Performance
| 1 week | -2.2% |
| 1 month | +2.8% |
| 3 months | -3.3% |
| 6 months | +10.0% |
| YTD | +8.4% |
| 1 year | +14.6% |
| 3 years | — |
PRICE RETURN, DISTRIBUTIONS NOT REINVESTED
Net flows
| 1 week | — |
| 1 month | — |
| 3 months | — |
| YTD | — |
| 1 year | — |
CREATION/REDEMPTION DOLLARS, DAILY RECORDS
The risk read
20%realized volatility, 30 days (annualized)
19%realized volatility, 1 year
-13.0%deepest fall from a peak, 1 year
-6.6%where it sits vs. that peak today
VOLATILITY & DRAWDOWN FROM THE DAILY TAPE · CONCENTRATION FROM THE LATEST DISCLOSED BOOK
The case against IQQQ
Due diligence cuts both ways. These funds sit on the same shelf and beat IQQQ on at least one dimension that matters — the fee, the asset base, or where the money is going.
| Fund | Fee | Assets | Flow, 1M | The case | |
|---|---|---|---|---|---|
| ITOT iShares Core S&P Total U.S. Stock Market ETF | 0.03% | $97.9B | +$245M | -52bp on fee · 1361× the assets · +$245M in over the month | Head-to-head |
| IUSG iShares Core S&P U.S. Growth ETF | 0.04% | $33.8B | +$668M | -51bp on fee · 470× the assets · +$668M in over the month | Head-to-head |
| IUSV iShares Core S&P U.S. Value ETF | 0.04% | $28.1B | +$103M | -51bp on fee · 390× the assets · +$103M in over the month | Head-to-head |
| IVV iShares Core S&P 500 ETF | 0.03% | $900.9B | −$14.2B | -52bp on fee · 12522× the assets | Head-to-head |
| VOO Vanguard 500 Index Fund | 0.03% | $500.4B | — | -52bp on fee · 6955× the assets | Head-to-head |