QQQH
NEOS Nasdaq-100 Hedged Equity Income ETF·NASDAQ
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Key Stats
Assets Under Management
355.40MUSD
Fund Flows (1Y)
25.85MUSD
Dividend Yield
9.00%
Discount/Premium to NAV
-0.17%
Shares Outstanding
6.62M
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
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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
50.19%
Communication Services
16.74%
Consumer Cyclical
12.90%
Consumer Defensive
8.29%
Healthcare
4.97%
Industrials
3.52%
Utilities
1.25%
Basic Materials
1.23%
Energy
0.58%
Technology
50.19%
Communication Services
16.74%
Consumer Cyclical
12.90%
Consumer Defensive
8.29%
Healthcare
4.97%
Industrials
3.52%
Utilities
1.25%
Basic Materials
1.23%
Energy
0.58%
Show more
Asset
Holdings
Symbol
Ratio
NVDA
Nvidia
8.37%
AAPL
Apple
8.20%
MSFT
Microsoft
5.83%
AMZN
Amazon.com
4.73%
META
Meta
3.93%
GOOGL
Alphabet A
3.86%
Symbol
Ratio
GOOG
Alphabet C
3.59%
TSLA
Tesla
3.53%
WMT
Walmart
3.26%
AVGO
Broadcom
2.94%
Top 10 Weight 48.24%
10 Total Holdings
See all holdings
Related Funds
Seasonals
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