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 MSCI ESG Analytics Insight
ProShares NASDAQ-100 Dorsey Wright Momentum ETF has an MSCI ESG Fund Rating of AA based on a score of 7.28 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. ProShares NASDAQ-100 Dorsey Wright Momentum ETF ranks in the 79th percentile within its peer group and in the 94th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
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 Economic Development
QQQA Performance Statistics
QQQA MSCI ESG Ratings
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.