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
| ISIN | US78433H6751 |
|---|---|
| CUSIP | 78433H675 |
| Issuer | Neos Investments |
| Inception Date | Jan 30, 2024 |
| Category | Dividend, Options Trading |
| Index Tracked | No Index (Active) |
| Distribution Policy | Distributing |
| Home Page | neosfunds.com |
| Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
QQQI has a high expense ratio of 0.68%, indicating higher-than-average management fees.
Share Price Chart
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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
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | N/A | 10.00% |
| 1 month | 1.20% | 2.41% |
| 6 months | N/A | 16.70% |
| 1 year | N/A | 26.85% |
| 5 years (annualized) | N/A | 12.81% |
| 10 years (annualized) | N/A | 10.84% |
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% | 5.09% |
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 granted a 3.53% dividend yield in the last twelve months. The annual payout for that period amounted to $1.79 per share.
| Period | TTM |
|---|---|
| Dividend | $1.79 |
Dividend yield | 3.53% |
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 | $0.60 | $0.59 | $0.00 | $1.79 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
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 6.18%, occurring on Apr 19, 2024. The portfolio has not yet recovered.
The current NEOS Nasdaq 100 High Income ETF drawdown is 0.26%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -6.18% | Apr 12, 2024 | 6 | Apr 19, 2024 | — | — | — |
| -2.23% | Feb 14, 2024 | 5 | Feb 21, 2024 | 1 | Feb 22, 2024 | 6 |
| -1.75% | Mar 8, 2024 | 6 | Mar 15, 2024 | 3 | Mar 20, 2024 | 9 |
| -1.66% | Apr 2, 2024 | 3 | Apr 4, 2024 | 5 | Apr 11, 2024 | 8 |
| -1.54% | Mar 4, 2024 | 2 | Mar 5, 2024 | 2 | Mar 7, 2024 | 4 |
Volatility
Volatility Chart
The current NEOS Nasdaq 100 High Income ETF volatility is 4.39%, 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.