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IJR vs. QQQI
Performance
Return for Risk
Drawdowns
Volatility
Dividends

IJR vs. QQQI

Last updated Jun 16, 2026

IJR (iShares Core S&P Small-Cap ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - IJR is a Small Cap Blend Equities fund tracking the S&P SmallCap 600 Index, while QQQI is a Nasdaq-100 fund actively managed by Neos. IJR is passively managed, while QQQI is actively managed. Over the past year, IJR returned 37.16% vs 30.39% for QQQI. A 0.60 correlation means they provide meaningful diversification when combined. IJR charges 0.06%/yr vs 0.68%/yr for QQQI.

Performance

IJR vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Core S&P Small-Cap ETF (IJR) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period

In the year-to-date period, IJR achieves a 19.86% return, which is significantly higher than QQQI's 13.53% return.

IJR

1D
0.11%
1M
7.39%
YTD
19.86%
6M
16.97%
1Y
37.16%
3Y*
15.09%
5Y*
6.35%
10Y*
11.21%

QQQI

1D
2.67%
1M
3.39%
YTD
13.53%
6M
14.57%
1Y
30.39%
3Y*
—
5Y*
—
10Y*
—
*Multi-year figures are annualized to reflect compound growth (CAGR)

IJR vs. QQQI - Yearly Performance Comparison

2026 (YTD)20252024
IJR
iShares Core S&P Small-Cap ETF		19.86%5.89%9.64%
QQQI
NEOS Nasdaq-100 High Income ETF		13.53%18.62%19.44%

Correlation

The correlation between IJR and QQQI is 0.60, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

Correlation
Correlation (1Y)
Calculated over the trailing 1-year period

0.61

Correlation (All Time)
Calculated using the full available price history since Jan 30, 2024

0.60

The correlation between IJR and QQQI has been stable across timeframes, ranging from 0.60 to 0.60 - a consistent structural relationship.

IJR vs. QQQI - Sectors Allocation Comparison

Sectors
IJR
QQQI

Financial Services

16.0%
0.2%

Industrials

16.0%
3.0%

Technology

15.9%
58.1%

Consumer Cyclical

12.5%
11.3%

Healthcare

11.0%
3.9%

Real Estate

7.5%
0.1%

Energy

6.8%
0.5%

Basic Materials

4.7%
1.0%

Communication Services

3.2%
14.2%

Consumer Defensive

3.2%
6.5%

Utilities

1.9%
1.3%

Financial Services

IJR
16.0%
QQQI
0.2%

Industrials

IJR
16.0%
QQQI
3.0%

Technology

IJR
15.9%
QQQI
58.1%

Consumer Cyclical

IJR
12.5%
QQQI
11.3%

Healthcare

IJR
11.0%
QQQI
3.9%

Real Estate

IJR
7.5%
QQQI
0.1%

Energy

IJR
6.8%
QQQI
0.5%

Basic Materials

IJR
4.7%
QQQI
1.0%

Communication Services

IJR
3.2%
QQQI
14.2%

Consumer Defensive

IJR
3.2%
QQQI
6.5%

Utilities

IJR
1.9%
QQQI
1.3%

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

iShares Core S&P Small-Cap ETF

NEOS Nasdaq-100 High Income ETF

Often compared with IJR:
IJR vs. IWMIJR vs. VBIJR vs. AVUVIJR vs. IJSIJR vs. IJHIJR vs. SCHAIJR vs. VBR
Often compared with QQQI:
QQQI vs. JEPQQQQI vs. QQQQQQI vs. SPYIQQQI vs. GPIQQQQI vs. JEPIQQQI vs. SCHDQQQI vs. QQQY

Return for Risk

IJR vs. QQQI — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
IJR
IJR Risk / Return Rank: 7777
Overall Rank
IJR Sharpe Ratio Rank: 7474
Sharpe Ratio Rank
IJR Sortino Ratio Rank: 7676
Sortino Ratio Rank
IJR Omega Ratio Rank: 6868
Omega Ratio Rank
IJR Calmar Ratio Rank: 8686
Calmar Ratio Rank
IJR Martin Ratio Rank: 8282
Martin Ratio Rank
QQQI
QQQI Risk / Return Rank: 7474
Overall Rank
QQQI Sharpe Ratio Rank: 7575
Sharpe Ratio Rank
QQQI Sortino Ratio Rank: 6969
Sortino Ratio Rank
QQQI Omega Ratio Rank: 7676
Omega Ratio Rank
QQQI Calmar Ratio Rank: 7070
Calmar Ratio Rank
QQQI Martin Ratio Rank: 7979
Martin Ratio Rank
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.

IJR vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Core S&P Small-Cap ETF (IJR) 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.

IJRQQQIDifference
Sharpe ratioReturn per unit of total volatility
2.12
2.14

-0.02

Sortino ratioReturn per unit of downside risk
3.03
2.81

+0.22

Omega ratioGain probability vs. loss probability

1.36

1.40

-0.04

Calmar ratioReturn relative to maximum drawdown

4.30

3.18

+1.12

Martin ratioReturn relative to average drawdown

14.44

13.66

+0.78

IJR vs. QQQI - Sharpe Ratio Comparison

The current IJR Sharpe Ratio is 2.12, which is comparable to the QQQI Sharpe Ratio of 2.14. The chart below compares the historical Sharpe Ratios of IJR 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.

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Drawdowns

IJR vs. QQQI - Drawdown Comparison

The maximum IJR drawdown since its inception was -58.15%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for IJR and QQQI.

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Drawdown Indicators

IJRQQQIDifference

Max Drawdown

Largest peak-to-trough decline

-58.15%

-20.00%

-38.15%

Max Drawdown (1Y)

Largest decline over 1 year

-8.68%

-9.61%

+0.93%

Max Drawdown (3Y)

Largest decline over 3 years

-28.02%

—

—

Max Drawdown (5Y)

Largest decline over 5 years

-28.02%

—

—

Max Drawdown (10Y)

Largest decline over 10 years

-44.36%

—

—

Current Drawdown

Current decline from peak

0.00%

-0.09%

+0.09%

Average Drawdown

Average peak-to-trough decline

-9.27%

-2.21%

-7.06%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.58%

2.23%

+0.35%

Volatility

IJR vs. QQQI - Volatility Comparison

The current volatility for iShares Core S&P Small-Cap ETF (IJR) is 5.17%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 6.63%. This indicates that IJR 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.

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Volatility by Period

IJRQQQIDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.17%

6.63%

-1.46%

Volatility (6M)

Calculated over the trailing 6-month period

11.93%

11.63%

+0.30%

Volatility (1Y)

Calculated over the trailing 1-year period

17.67%

14.33%

+3.34%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

21.44%

17.41%

+4.03%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

22.93%

17.41%

+5.52%

IJR vs. QQQI - Expense Ratio Comparison

IJR has a 0.06% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

IJR vs. QQQI - Dividend Comparison

IJR's dividend yield for the trailing twelve months is around 1.42%, less than QQQI's 13.18% yield.

PositionTTM20252024202320222021202020192018201720162015
IJR
iShares Core S&P Small-Cap ETF		1.42%1.44%2.05%1.31%1.41%1.53%1.11%1.44%1.58%1.20%1.22%1.48%
QQQI
NEOS Nasdaq-100 High Income ETF		13.18%13.82%12.85%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions

IJR and QQQI have a correlation of 0.60, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

QQQI has higher volatility (6.63%) compared to IJR (5.17%). In terms of maximum drawdown, IJR dropped -58.15% vs QQQI's -20.00%.

On 1-year performance, IJR leads with 37.16% vs 30.39% for QQQI. On fees, IJR is cheaper at 0.06% per year. On volatility, IJR has been the lower-risk option at 5.17%. The better choice depends on whether you care most about return, fees, risk, or income.

Over the 1-year period, IJR has performed better with a 37.16% return vs 30.39%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

IJR is cheaper with a 0.06% expense ratio, compared with 0.68% for QQQI.

QQQI has the higher dividend yield at 13.18%, compared with 1.42% for IJR.

IJR is categorized as Small Cap Blend Equities, while QQQI is Nasdaq-100. They also come from different issuers: iShares and Neos. Their fees differ too: 0.06% for IJR and 0.68% for QQQI.

QQQI currently has the higher Sharpe Ratio (2.14 vs 2.12), 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.

Portfolio Optimizer

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