NEOS Nasdaq 100 High Income ETF (QQQI)
The ETF aims to provide high monthly income by investing in the Nasdaq-100® Index constituents and employing a call option strategy, seeking tax efficiency and potential equity appreciation.
ETF Info
US78433H6751
78433H675
Jan 30, 2024
1x
No Index (Active)
Distributing
Large-Cap
Growth
Expense Ratio
QQQI features an expense ratio of 0.68%, falling within the medium range.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in NEOS Nasdaq 100 High 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.
Returns By Period
QQQI
N/A
2.59%
9.44%
N/A
N/A
N/A
^GSPC (Benchmark)
24.34%
0.23%
8.53%
24.95%
13.01%
11.06%
Monthly Returns
The table below presents the monthly returns of QQQI, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -1.40% | 4.62% | 1.62% | -3.42% | 4.83% | 3.60% | -1.03% | 1.79% | 2.38% | -0.02% | 4.67% | 20.26% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Not enough dataDividends
Dividend History
NEOS Nasdaq 100 High Income ETF provided a 11.49% dividend yield over the last twelve months, with an annual payout of $6.11 per share.
| Period | TTM |
|---|---|
| Dividend | $6.11 |
Dividend yield | 11.49% |
Monthly Dividends
The table displays the monthly dividend distributions for NEOS Nasdaq 100 High Income ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.59 | $0.61 | $0.59 | $0.61 | $0.62 | $0.62 | $0.64 | $0.60 | $0.61 | $0.61 | $0.00 | $6.11 |
Drawdowns
Drawdowns Chart
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.
Worst Drawdowns
The table below displays the maximum drawdowns of the NEOS Nasdaq 100 High 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 High Income ETF was 10.67%, occurring on Aug 5, 2024. Recovery took 43 trading sessions.
The current NEOS Nasdaq 100 High Income ETF drawdown is 1.94%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -10.67% | Jul 11, 2024 | 18 | Aug 5, 2024 | 43 | Oct 4, 2024 | 61 |
| -6.18% | Apr 12, 2024 | 6 | Apr 19, 2024 | 18 | May 15, 2024 | 24 |
| -2.6% | Dec 17, 2024 | 3 | Dec 19, 2024 | — | — | — |
| -2.27% | Oct 30, 2024 | 2 | Oct 31, 2024 | 4 | Nov 6, 2024 | 6 |
| -2.22% | Feb 14, 2024 | 5 | Feb 21, 2024 | 1 | Feb 22, 2024 | 6 |
Volatility
Volatility Chart
The current NEOS Nasdaq 100 High Income ETF volatility is 3.09%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.