DYLD vs. QQQI

Last updated Jun 4, 2026

DYLD (LeaderShares Dynamic Yield ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - DYLD is a Multisector Bonds fund actively managed by LeaderShares, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, DYLD returned 4.12% vs 30.41% for QQQI. At a 0.30 correlation, their price movements are largely independent. DYLD charges 0.75%/yr vs 0.68%/yr for QQQI.

Performance

DYLD vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in LeaderShares Dynamic Yield ETF (DYLD) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, DYLD achieves a 1.00% return, which is significantly lower than QQQI's 13.43% return.

DYLD

• 1D: -0.11%
• 1M: 0.42%
• YTD: 1.00%
• 6M: 1.18%
• 1Y: 4.12%
• 3Y*: 4.47%
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -0.17%
• 1M: 6.91%
• YTD: 13.43%
• 6M: 12.92%
• 1Y: 30.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

DYLD vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
DYLD LeaderShares Dynamic Yield ETF	1.00%	5.02%	3.71%
QQQI NEOS Nasdaq-100 High Income ETF	13.43%	18.62%	19.83%

Correlation

The correlation between DYLD and QQQI is 0.32, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.32
Correlation (All Time) Calculated using the full available price history since Jan 31, 2024	0.30

Return for Risk

DYLD vs. QQQI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

DYLD

DYLD Risk / Return Rank: 56
DYLD Sharpe Ratio Rank: 49
DYLD Sortino Ratio Rank: 52
DYLD Omega Ratio Rank: 52
DYLD Calmar Ratio Rank: 63
DYLD Martin Ratio Rank: 63

QQQI

QQQI Risk / Return Rank: 68
QQQI Sharpe Ratio Rank: 70
QQQI Sortino Ratio Rank: 66
QQQI Omega Ratio Rank: 70
QQQI Calmar Ratio Rank: 63
QQQI Martin Ratio Rank: 74

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

DYLD vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for LeaderShares Dynamic Yield ETF (DYLD) 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.

	DYLD	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.68	2.35	-0.67
Sortino ratio: Return per unit of downside risk	2.49	3.12	-0.63
Omega ratio: Gain probability vs. loss probability	1.32	1.43	-0.11
Calmar ratio: Return relative to maximum drawdown	3.12	3.18	-0.05
Martin ratio: Return relative to average drawdown	11.42	14.27	-2.86
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

DYLD vs. QQQI - Sharpe Ratio Comparison

The current DYLD Sharpe Ratio is 1.68, which is comparable to the QQQI Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of DYLD and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	DYLD	QQQI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	1.68	2.35	-0.67
Sharpe Ratio (All Time) Calculated using the full available price history	0.26	1.34	-1.07

Drawdowns

DYLD vs. QQQI - Drawdown Comparison

The maximum DYLD drawdown since its inception was -15.03%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for DYLD and QQQI.

Drawdown Indicators

	DYLD	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-15.03%	-20.00%	+4.97%
Max Drawdown (1Y) Largest decline over 1 year	-1.32%	-9.61%	+8.29%
Max Drawdown (3Y) Largest decline over 3 years	-3.40%	—	—
Current Drawdown Current decline from peak	-0.11%	-0.17%	+0.06%
Average Drawdown Average peak-to-trough decline	-5.18%	-2.20%	-2.98%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.36%	2.14%	-1.78%

Volatility

DYLD vs. QQQI - Volatility Comparison

The current volatility for LeaderShares Dynamic Yield ETF (DYLD) is 0.60%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 2.68%. This indicates that DYLD 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.

Volatility by Period

	DYLD	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.60%	2.68%	-2.08%
Volatility (6M) Calculated over the trailing 6-month period	1.99%	9.85%	-7.86%
Volatility (1Y) Calculated over the trailing 1-year period	2.47%	12.98%	-10.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	4.39%	17.07%	-12.68%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	4.39%	17.07%	-12.68%

DYLD vs. QQQI - Expense Ratio Comparison

DYLD has a 0.75% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

DYLD vs. QQQI - Dividend Comparison

DYLD's dividend yield for the trailing twelve months is around 4.33%, less than QQQI's 13.19% yield.

Position	TTM	2025	2024	2023	2022	2021
DYLD LeaderShares Dynamic Yield ETF	4.33%	4.20%	4.58%	3.43%	1.54%	1.02%
QQQI NEOS Nasdaq-100 High Income ETF	13.19%	13.82%	12.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both DYLD and QQQI in my portfolio?

DYLD and QQQI have a correlation of 0.32, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, DYLD or QQQI?

QQQI has higher volatility (2.68%) compared to DYLD (0.60%). In terms of maximum drawdown, DYLD dropped -15.03% vs QQQI's -20.00%.

Which ETF is better, DYLD or QQQI?

On 1-year performance, QQQI leads with 30.41% vs 4.12% for DYLD. On fees, QQQI is cheaper at 0.68% per year. On volatility, DYLD has been the lower-risk option at 0.60%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, DYLD or QQQI?

Over the 1-year period, QQQI has performed better with a 30.41% return vs 4.12%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, DYLD or QQQI?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.75% for DYLD.

Which ETF pays a higher dividend yield, DYLD or QQQI?

QQQI has the higher dividend yield at 13.19%, compared with 4.33% for DYLD.

What is the main difference between DYLD and QQQI?

DYLD is categorized as Multisector Bonds, while QQQI is Nasdaq-100. They also come from different issuers: LeaderShares and Neos. Their fees differ too: 0.75% for DYLD and 0.68% for QQQI.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (2.35 vs 1.68), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.