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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
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%

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Asset

Holdings

Symbol

Ratio

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NVDA

Nvidia
8.37%
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AAPL

Apple
8.20%
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MSFT

Microsoft
5.83%
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AMZN

Amazon.com
4.73%
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META

Meta
3.93%
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GOOGL

Alphabet A
3.86%

Symbol

Ratio

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GOOG

Alphabet C
3.59%
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TSLA

Tesla
3.53%
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WMT

Walmart
3.26%
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AVGO

Broadcom
2.94%

Top 10 Weight 48.24%

10 Total Holdings

See all holdings

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