QQQAProShares NASDAQ-100 Dorsey Wright Momentum ETF
QQQA Fund Description
QQQA tracks an equal-weighted index of 21 non-financial companies included in the Nasdaq-100 Index identified with the highest price momentum.
QQQA Factset Analytics Insight
QQQA selects its portfolio from the constituents of the NASDAQ-100 Index that have been identified as high momentum stocks. Each company in the index is analyzed and ranked using the Dorsey Wright Nasdaq-100 Point & Figure Matrix - a proprietary measurement which uses point & figure relative strength charts for ranking securities by momentum. The investment objective is to identify stocks with the potential to outperform over time based on momentum. The top 21 companies are selected and equally weighted. The index is reconstituted quarterly in January, April, July and October.
QQQA Summary Data
QQQA Portfolio Data
QQQA Index Data
QQQA Portfolio Management
QQQA Tax Exposures
QQQA Fund Structure
QQQA Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of QQQA. QQQA is rated a 5 out of 5.
QQQA Sector/Industry Breakdown
QQQA Top 10 Holdings[View All]
QQQA Economic Development
QQQA Performance Statistics
QQQA Benchmark Comparison Summary
QQQA Benchmark Comparison Market Cap Size
Options Strategies for Outcome Investing
A collar strategy is a protective option strategy constructed by writing a call and buying a put with the same expiration date while being long the underlying security.
A covered call is an income strategy constructed by writing a call option against a holding of the underlying security.