NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH)

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The chart shows the growth of an initial investment of $10,000 in NEOS Nasdaq-100 Hedged Equity Income ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.

NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) has returned -3.47% so far this year and 15.06% over the past 12 months.

Based on dividend-adjusted daily data since Dec 20, 2019, QQQH's average daily return is +0.04%, while the average monthly return is +0.77%. At this rate, your investment would double in approximately 7.5 years.

Historically, 64% of months were positive and 36% were negative. The best month was Nov 2023 with a return of +10.4%, while the worst month was Jun 2022 at -13.9%. The longest winning streak lasted 7 consecutive months, and the longest losing streak was 3 months.

On a daily basis, QQQH closed higher 55% of trading days. The best single day was Apr 9, 2025 with a return of +7.8%, while the worst single day was Jun 11, 2020 at -4.8%.

NEOS Nasdaq-100 Hedged Equity Income ETF has an annualized alpha of 3.20%, beta of 0.47, and R² of 0.51 versus S&P 500 Index. Calculated based on daily prices since December 23, 2019.

• This ETF participated in 62.53% of S&P 500 Index downside but only 58.06% of its upside — more exposed to losses than it benefited from rallies.
• This ETF generated an annualized alpha of 3.20% versus S&P 500 Index — delivering returns beyond what market exposure alone would predict.
• Beta of 0.47 indicates this ETF moves significantly less than S&P 500 Index — a genuinely defensive profile with reduced participation in both market rallies and downturns.

QQQH has an expense ratio of 0.68%, placing it in the medium range.

QQQH ranks 63 for risk / return — better than 63% of ETFs on our site. You're getting solid returns for the risk taken. A good sign, especially for investors who want growth without excessive volatility.

The table below present risk-adjusted performance metrics for NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) and compare them to a chosen benchmark (S&P 500 Index).

NEOS Nasdaq-100 Hedged Equity Income ETF provided a 9.48% dividend yield over the last twelve months, with an annual payout of $4.86 per share. The fund has been increasing its distributions for 2 consecutive years.

The table displays the monthly dividend distributions for NEOS Nasdaq-100 Hedged Equity Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.

The table below displays the maximum drawdowns of the NEOS Nasdaq-100 Hedged Equity Income ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the NEOS Nasdaq-100 Hedged Equity Income ETF was 31.24%, occurring on Jan 5, 2023. Recovery took 344 trading sessions.

The current NEOS Nasdaq-100 Hedged Equity Income ETF drawdown is 4.94%.

The chart below shows the rolling one-month volatility.