IGLD vs. QQQI

Last updated Jun 13, 2026

IGLD (FT Vest Gold Strategy Target Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - IGLD is a Gold fund actively managed by First Trust, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, IGLD returned 16.13% vs 27.00% for QQQI. At a 0.14 correlation, their price movements are largely independent. IGLD charges 0.85%/yr vs 0.68%/yr for QQQI.

Performance

IGLD vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Gold Strategy Target Income ETF (IGLD) 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, IGLD achieves a -3.45% return, which is significantly lower than QQQI's 10.58% return.

IGLD

• 1D: -0.23%
• 1M: -8.86%
• YTD: -3.45%
• 6M: -2.82%
• 1Y: 16.13%
• 3Y*: 20.89%
• 5Y*: 12.02%
• 10Y*: —

QQQI

• 1D: 0.70%
• 1M: -0.22%
• YTD: 10.58%
• 6M: 11.20%
• 1Y: 27.00%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IGLD vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
IGLD FT Vest Gold Strategy Target Income ETF	-3.45%	47.46%	20.98%
QQQI NEOS Nasdaq-100 High Income ETF	10.58%	18.62%	19.44%

Correlation

The correlation between IGLD and QQQI is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.14

Return for Risk

IGLD vs. QQQI — Risk / Return Rank

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

IGLD

IGLD Risk / Return Rank: 23
IGLD Sharpe Ratio Rank: 23
IGLD Sortino Ratio Rank: 22
IGLD Omega Ratio Rank: 26
IGLD Calmar Ratio Rank: 21
IGLD Martin Ratio Rank: 22

QQQI

QQQI Risk / Return Rank: 65
QQQI Sharpe Ratio Rank: 65
QQQI Sortino Ratio Rank: 59
QQQI Omega Ratio Rank: 67
QQQI Calmar Ratio Rank: 62
QQQI Martin Ratio Rank: 72

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.

IGLD vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Gold Strategy Target Income ETF (IGLD) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	IGLD	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	0.73	1.84	-1.12
Sortino ratio: Return per unit of downside risk	1.08	2.43	-1.36
Omega ratio: Gain probability vs. loss probability	1.16	1.34	-0.18
Calmar ratio: Return relative to maximum drawdown	0.80	2.70	-1.90
Martin ratio: Return relative to average drawdown	2.45	11.63	-9.17

IGLD vs. QQQI - Sharpe Ratio Comparison

The current IGLD Sharpe Ratio is 0.73, which is lower than the QQQI Sharpe Ratio of 1.84. The chart below compares the historical Sharpe Ratios of IGLD 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.

Drawdowns

IGLD vs. QQQI - Drawdown Comparison

The maximum IGLD drawdown since its inception was -21.90%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for IGLD and QQQI.

Drawdown Indicators

	IGLD	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-21.90%	-20.00%	-1.90%
Max Drawdown (1Y) Largest decline over 1 year	-21.90%	-9.61%	-12.29%
Max Drawdown (3Y) Largest decline over 3 years	-21.90%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-21.90%	—	—
Current Drawdown Current decline from peak	-19.44%	-2.69%	-16.75%
Average Drawdown Average peak-to-trough decline	-5.31%	-2.21%	-3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.12%	2.23%	+4.89%

Volatility

IGLD vs. QQQI - Volatility Comparison

FT Vest Gold Strategy Target Income ETF (IGLD) has a higher volatility of 7.55% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 6.10%. This indicates that IGLD's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	IGLD	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	7.55%	6.10%	+1.45%
Volatility (6M) Calculated over the trailing 6-month period	22.02%	11.35%	+10.67%
Volatility (1Y) Calculated over the trailing 1-year period	24.13%	14.10%	+10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	15.44%	17.34%	-1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	15.23%	17.34%	-2.11%

IGLD vs. QQQI - Expense Ratio Comparison

IGLD has a 0.85% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

IGLD vs. QQQI - Dividend Comparison

IGLD's dividend yield for the trailing twelve months is around 18.87%, more than QQQI's 13.53% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	18.87%	9.91%	20.81%	7.85%	4.45%	2.24%
QQQI NEOS Nasdaq-100 High Income ETF	13.53%	13.82%	12.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both IGLD and QQQI in my portfolio?

IGLD and QQQI have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, IGLD or QQQI?

IGLD has higher volatility (7.55%) compared to QQQI (6.10%). In terms of maximum drawdown, IGLD dropped -21.90% vs QQQI's -20.00%.

Which ETF is better, IGLD or QQQI?

On 1-year performance, QQQI leads with 27.00% vs 16.13% for IGLD. On fees, QQQI is cheaper at 0.68% per year. On volatility, QQQI has been the lower-risk option at 6.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, IGLD or QQQI?

Over the 1-year period, QQQI has performed better with a 27.00% return vs 16.13%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, IGLD or QQQI?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.85% for IGLD.

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

IGLD has the higher dividend yield at 18.87%, compared with 13.53% for QQQI.

What is the main difference between IGLD and QQQI?

IGLD is categorized as Gold, while QQQI is Nasdaq-100. They also come from different issuers: First Trust and Neos. Their fees differ too: 0.85% for IGLD and 0.68% for QQQI.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (1.84 vs 0.73), 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.