ProShares - Nasdaq-100 High Income ETF (IQQQ)
ProShares - Nasdaq-100 High Income ETF operates in the Asset Management - Income industry of the Financial Services sector, headquartered in Bethesda, MD, US. The stock last traded at $48.80, up 0.69% on the session, giving a market capitalisation of $408.4M. Its beta of 1.18 implies it has historically moved more than the broad market.
This ETF aims to track an investment strategy that involves holding the Nasdaq-100 Index while also generating income by selling call options on that same index. Ordinarily, the fund commits a minimum of 80% of its entire portfolio to the individual stocks comprising the index or to other financial products with similar market exposure. It should be noted that this fund does not maintain a diversified portfolio.
ProShares - Nasdaq-100 High Income ETF is most often compared with the following Financial Services names: