logo

QQQH

NEOS Nasdaq-100 Hedged Equity Income ETF·NASDAQ
--
--(--)
--
--(--)

Key Stats

Assets Under Management
346.74MUSD
Fund Flow (1Y)
33.42MUSD
Dividend Yield
9.31%
Discount / Premium to NAV
-0.01%
Shares Outstanding
6.66M
Expense Ratio
0.68%

About NEOS Nasdaq-100 Hedged Equity Income ETF

Issuer
NEOS Investment Management, LLC
Brand
Neos Investments LLC
Inception Date
Dec 19, 2019
Structure
Open-Ended Fund
Index Tracked
--
Management Style
Active
Dividend Treatment
Distributes
Distribution Tax Treatment
Ordinary income
Income Tax Type
Capital Gains
Max ST Capital Gains Rate
39.60%
Max LT Capital Gains Rate
20.00%
Primary Advisor
Neos Investment Management LLC
Distributor
Quasar Distributors LLC
QQQH is actively managed portfolio of stocks included in the Nasdaq-100 Index and an options collar. Per index rules, the fund only invests in the top 100 largest by market cap, nonfinancial stocks listed on NASDAQ. A collar strategy involves selling or writing call options and buying put options, thus generating income to hedge some downside risk. The funds manager utilizes a proprietary, systematic model to manage the Funds options positions, yet is not tied to specific upside or downside thresholds. The strategy seeks to generate high current income on a monthly basis from any dividends received from the underlying stock and the option premiums retained. Prior to Dec. 10, 2021, the fund was named Nationwide Risk-Managed Income ETF.

Classification

Asset Class
Equity
Category
Size and Style
Focus
Large Cap
Niche
Broad-based
Strategy
Active
Geography
U.S.
Weighting Scheme
Proprietary
Selection Criteria
Proprietary

Analysis

Sector

Technology

51.03%

Communication Services

16.53%

Consumer Cyclical

12.31%

Consumer Defensive

8.12%

Healthcare

4.87%

Industrials

3.44%

Utilities

1.40%

Basic Materials

1.29%

Energy

0.66%

Show More

Asset

Holdings

Symbol

Ratio

logo

NVDA

Nvidia
8.74%
logo

AAPL

Apple
7.66%
logo

MSFT

Microsoft
5.66%
logo

AMZN

Amazon.com
4.51%
logo

META

Meta
3.56%

Symbol

Ratio

logo

TSLA

Tesla
3.48%
logo

GOOGL

Alphabet A
3.47%
logo

GOOG

Alphabet C
3.21%
logo

WMT

Walmart
3.21%
logo

AVGO

Broadcom
3.09%

Top 10 Weight 46.59%

106 Total Holding

See all holdings

Related Funds

Seasonals

Volume Profile

Trade Flow Insight

Community

Loading...

Related News

No articles available

You can ask Aime

No Data