IQQQ Fees and Costs — ProShares Nasdaq-100 High Income ETF
Data updated: 2026-08-14
The net expense ratio is 0.55%. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $34K in broker commissions, 0.0113% of average net assets, and portfolio turnover was 70%.
IQQQ Fees and Expenses
Annual operating expenses and sales charges of IQQQ. Prospectus, as of May 31, 2025.
| Annual operating expenses | |
|---|---|
| Management fee | 0.55% |
| 12b-1 fee | — |
| Other expenses | 0.00% |
| Gross expense ratio | 0.55% |
| Fee waiver | — |
| Net expense ratio | 0.55% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | No |
| Fees waived or reduced during the year | No |
| Waived fees subject to recoupment | No |
IQQQ Costs Over Time
On $10,000 invested in IQQQ, assuming 5% a year before costs, total costs come to $354 over 5 years, cutting the return by 0.59% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.55%) | $58 | $181 | $315 |
| Trading costs (broker commissions) | $1 | $4 | $6 |
| Lost growth on money paid in costs | $0 | $9 | $32 |
| Total costs | $59 | $194 | $354 |
| Value after costs | $10,441 | $11,382 | $12,409 |
| Impact on return, per year | 0.59% | 0.59% | 0.59% |
IQQQ Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0113%
- Total broker commissions: $34K
- Bought from dealers (principal trades, not a cost): $326.3M
- Portfolio turnover (prospectus): 70%
- Securities on loan, average value: $308K
- Net income from securities lending: $7K (0.002% of average net assets)
IQQQ Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Susquehanna Financial Group, LLLP | $30K | 87.33% |
| BNP Paribas Securities Corp. | $2K | 5.65% |
| Virtu Americas LLC | $1K | 4.29% |
| RBC Capital Markets, LLC | $921 | 2.72% |
IQQQ Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| J.P. Morgan Securities LLC | $209.2M | 64.11% |
| Goldman Sachs & Co. LLC | $47.1M | 14.42% |
| Jane Street Capital, LLC | $46.4M | 14.23% |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | $22.2M | 6.79% |
| Virtu Americas LLC | $1.4M | 0.44% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.