Proshares Nasdaq 100 High Etf Profile
| IQQQ Etf | 39.89 0.41 1.04% |
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ProShares Nasdaq is selling at 39.89 as of the 8th of May 2024; that is 1.04 percent up since the beginning of the trading day. The etf's last reported lowest price was 39.67. ProShares Nasdaq has 50 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for ProShares Nasdaq 100 High are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of March 2024 and ending today, the 8th of May 2024. Click here to learn more.
ProShares Etf Highlights
Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. ProShares Nasdaq's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding ProShares Nasdaq or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
| Thematic Ideas | (View all Themes) |
| Business Concentration | Size And Style ETFs, Large Cap ETFs (View all Sectors) |
| Issuer | ProShares |
| Inception Date | 2024-03-18 |
| Benchmark | Nasdaq-100 Daily Covered Call Index |
| Entity Type | Regulated Investment Company |
| Asset Under Management | 18.35 Million |
| Asset Type | Equity |
| Category | Size and Style |
| Focus | Large Cap |
| Market Concentration | Developed Markets |
| Region | North America |
| Administrator | JPMorgan Chase Bank, N.A. |
| Advisor | ProShare Advisors LLC |
| Custodian | JPMorgan Chase Bank, N.A. |
| Distributor | SEI Investments Distribution Co. |
| Portfolio Manager | Michael Neches, Devin Sullivan |
| Transfer Agent | JPMorgan Chase Bank, N.A. |
| Fiscal Year End | 31-May |
| Exchange | NASDAQ |
| Market Maker | Susquehanna |
| Total Expense | 0.55 |
| Management Fee | 0.55 |
| Country Name | USA |
| Code | IQQQ |
| Updated At | 6th of May 2024 |
| Name | ProShares Nasdaq-100 High Income ETF |
| Currency Name | US Dollar |
| Currency Code | USD |
| Open Figi | BBG01M2BVTV1 |
| Type | ETF |
ProShares Nasdaq 100 High [IQQQ] is traded in USA and was established null. The fund is not classified under any group at this time. The fund currently have in assets under management (AUM).
Check ProShares Nasdaq Probability Of Bankruptcy
ProShares Nasdaq 100 Risk Profiles
Investors will always prefer to have the highest possible return on investment while minimizing volatility. ProShares Nasdaq market risk premium is the additional return an investor will receive from holding ProShares Nasdaq long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in ProShares Nasdaq. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although ProShares Nasdaq's alpha and beta are two of the key measurements used to evaluate ProShares Nasdaq's performance over the market, the standard measures of volatility play an important role as well.
| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.10) |
ProShares Nasdaq Against Markets
Picking the right benchmark for ProShares Nasdaq etf is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in ProShares Nasdaq etf price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for ProShares Nasdaq is critical whether you are bullish or bearish towards ProShares Nasdaq 100 High at a given time. Please also check how ProShares Nasdaq's historical prices are related to one of the top price index indicators.
Be your own money manager
Our tools can tell you how much better you can do entering a position in ProShares Nasdaq without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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How to buy ProShares Etf?
Before investing in ProShares Nasdaq, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in ProShares Nasdaq. To buy ProShares Nasdaq etf, you can follow these steps:- Choose a brokerage firm: You need to select a brokerage firm to buy shares of ProShares Nasdaq. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
- Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
- Fund your account: You will need to deposit funds into your brokerage account to purchase ProShares Nasdaq etf. You can do this by transferring funds from your bank account or other investment accounts.
- Place your order: Once you have located ProShares Nasdaq 100 High etf in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
- Monitor your investment: After you have purchased ProShares Nasdaq 100 High etf, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the etf
It's important to note that investing in stocks, such as ProShares Nasdaq 100 High, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in etf prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy ProShares Etf please use our How to Invest in ProShares Nasdaq guide.
Already Invested in ProShares Nasdaq 100 High?
The danger of trading ProShares Nasdaq 100 High is mainly related to its market volatility and ETF specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of ProShares Nasdaq is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than ProShares Nasdaq. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile ProShares Nasdaq 100 is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether ProShares Nasdaq 100 is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if ProShares Etf is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Proshares Nasdaq 100 High Etf. Highlighted below are key reports to facilitate an investment decision about Proshares Nasdaq 100 High Etf: Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in ProShares Nasdaq 100 High. Also, note that the market value of any etf could be tightly coupled with the direction of predictive economic indicators such as signals in producer price index. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
The market value of ProShares Nasdaq 100 is measured differently than its book value, which is the value of ProShares that is recorded on the company's balance sheet. Investors also form their own opinion of ProShares Nasdaq's value that differs from its market value or its book value, called intrinsic value, which is ProShares Nasdaq's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because ProShares Nasdaq's market value can be influenced by many factors that don't directly affect ProShares Nasdaq's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between ProShares Nasdaq's value and its price as these two are different measures arrived at by different means. Investors typically determine if ProShares Nasdaq is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ProShares Nasdaq's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.