QQQH
NEOS Nasdaq-100 Hedged Equity Income ETF·NASDAQ
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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
Home Page
Inception Date
Dec 19, 2019
Structure
Open-Ended Fund
Index Tracked
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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%
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
NVDA
Nvidia
8.74%
AAPL
Apple
7.66%
MSFT
Microsoft
5.66%
AMZN
Amazon.com
4.51%
META
Meta
3.56%
Symbol
Ratio
TSLA
Tesla
3.48%
GOOGL
Alphabet A
3.47%
GOOG
Alphabet C
3.21%
WMT
Walmart
3.21%
AVGO
Broadcom
3.09%
Top 10 Weight 46.59%
106 Total Holding
See all holdings
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