ProShares Nasdaq-100 High Income ETF (IQQQ)

ProShares Nasdaq-100 High Income ETF (IQQQ) is an exchange-traded fund in the Derivative Income category. It has $406.80M in assets, an expense ratio of 0.55% and a 1.75% dividend yield. The index is designed to replicate the performance of an investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 Index call options. Under normal circumstances, the fund will invest at least 80% of its total assets in component securities of the index or in instruments with similar economic characteristics. The fund is non-diversified.