IQQQ was created on 2024-03-18 by ProShares. The fund's investment portfolio concentrates primarily on large cap equity. The ETF currently has 391.81m in AUM and 105 holdings. IQQQ tracks an index pursuing a daily covered call writing strategy on Nasdaq-100 stocks. The fund seeks to generate a high level of income combined with the performance returns of the Nasdaq-100 Index over the long term.