BNDI vs. QQQI
Compare and contrast key facts about Neos Enhanced Income Aggregate Bond ETF (BNDI) and NEOS Nasdaq 100 High Income ETF (QQQI).
BNDI and QQQI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. BNDI is an actively managed fund by Neos. It was launched on Aug 29, 2022. QQQI is an actively managed fund by Neos Investments. It was launched on Jan 30, 2024.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: BNDI or QQQI.
Correlation
The correlation between BNDI and QQQI is 0.17, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
BNDI vs. QQQI - Performance Comparison
Key characteristics
BNDI:
1.02
QQQI:
1.58
BNDI:
1.49
QQQI:
2.14
BNDI:
1.18
QQQI:
1.30
BNDI:
1.16
QQQI:
2.09
BNDI:
2.75
QQQI:
8.90
BNDI:
1.93%
QQQI:
2.51%
BNDI:
5.18%
QQQI:
14.15%
BNDI:
-6.98%
QQQI:
-10.67%
BNDI:
-2.23%
QQQI:
0.00%
Returns By Period
In the year-to-date period, BNDI achieves a 1.27% return, which is significantly lower than QQQI's 4.75% return.
BNDI
1.27%
1.19%
0.06%
4.96%
N/A
N/A
QQQI
4.75%
2.79%
14.18%
24.08%
N/A
N/A
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BNDI vs. QQQI - Expense Ratio Comparison
BNDI has a 0.58% expense ratio, which is lower than QQQI's 0.68% expense ratio.
Risk-Adjusted Performance
BNDI vs. QQQI — Risk-Adjusted Performance Rank
BNDI
QQQI
BNDI vs. QQQI - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Neos Enhanced Income Aggregate Bond ETF (BNDI) and NEOS Nasdaq 100 High Income ETF (QQQI). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
BNDI vs. QQQI - Dividend Comparison
BNDI's dividend yield for the trailing twelve months is around 5.52%, less than QQQI's 13.57% yield.
| TTM | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
BNDI Neos Enhanced Income Aggregate Bond ETF | 5.52% | 5.54% | 5.18% | 1.68% |
QQQI NEOS Nasdaq 100 High Income ETF | 13.57% | 12.85% | 0.00% | 0.00% |
Drawdowns
BNDI vs. QQQI - Drawdown Comparison
The maximum BNDI drawdown since its inception was -6.98%, smaller than the maximum QQQI drawdown of -10.67%. Use the drawdown chart below to compare losses from any high point for BNDI and QQQI. For additional features, visit the drawdowns tool.
Volatility
BNDI vs. QQQI - Volatility Comparison
The current volatility for Neos Enhanced Income Aggregate Bond ETF (BNDI) is 1.34%, while NEOS Nasdaq 100 High Income ETF (QQQI) has a volatility of 3.76%. This indicates that BNDI experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.