IQQ vs. QQQH
IQQ (iShares Nasdaq 100 ETF) and QQQH (NEOS Nasdaq-100 Hedged Equity Income ETF) are both Nasdaq-100 funds. IQQ is passively managed, while QQQH is actively managed. Their 0.97 correlation means they have historically moved very closely together. IQQ charges 0.10%/yr vs 0.68%/yr for QQQH.
Performance
IQQ vs. QQQH - Performance Comparison
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Returns By Period
IQQ
- 1D
- -0.90%
- 1M
- —
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
QQQH
- 1D
- -0.20%
- 1M
- -0.64%
- 6M
- 7.28%
- YTD
- 6.11%
- 1Y
- 13.41%
- 3Y*
- 17.98%
- 5Y*
- 7.57%
- 10Y*
- —
- ALL TIME*
- 9.94%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $30.00M | $35.28M | $35.28M | |
| $1.89M | $1.53M | $1.80M |
IQQ vs. QQQH - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
IQQ iShares Nasdaq 100 ETF | -0.53% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 0.06% |
Correlation
The correlation between IQQ and QQQH is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Jul 9, 2026 | 0.97 |
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Return for Risk
IQQ vs. QQQH — Risk / Return Rank
IQQ
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQH
IQQ vs. QQQH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) and NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH). 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.
| IQQ | QQQH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.22 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.94 | — |
| Martin ratioReturn relative to average drawdown | — | 7.08 | — |
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Drawdowns
IQQ vs. QQQH - Drawdown Comparison
The maximum IQQ drawdown since its inception was -8.80%, smaller than the maximum QQQH drawdown of -31.24%. Use the drawdown chart below to compare losses from any high point for IQQ and QQQH.
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Drawdown Indicators
| IQQ | QQQH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -8.80% | -31.24% | +22.44% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.24% | — |
Current DrawdownCurrent decline from peak | -1.14% | -1.69% | +0.55% |
Average DrawdownAverage peak-to-trough decline | -3.39% | -8.11% | +4.72% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.90% | — |
Volatility
IQQ vs. QQQH - Volatility Comparison
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Volatility by Period
| IQQ | QQQH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 25.88% | 11.45% | +14.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 25.88% | 13.47% | +12.41% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 25.88% | 13.46% | +12.42% |
IQQ vs. QQQH - Expense Ratio Comparison
IQQ has a 0.10% expense ratio, which is lower than QQQH's 0.68% expense ratio.
Dividends
IQQ vs. QQQH - Dividend Comparison
IQQ has not paid dividends to shareholders, while QQQH's dividend yield for the trailing twelve months is around 8.99%.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
IQQ iShares Nasdaq 100 ETF | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 8.99% | 8.86% | 7.53% | 7.18% | 9.05% | 7.77% | 7.48% | 0.65% |
Frequently Asked Questions
With a correlation of 0.97, IQQ and QQQH move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.
On fees, IQQ is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.
IQQ is cheaper with a 0.10% expense ratio, compared with 0.68% for QQQH.
QQQH has the higher dividend yield at 8.99%, compared with 0.00% for IQQ.
They also come from different issuers: iShares and Neos. Their fees differ too: 0.10% for IQQ and 0.68% for QQQH.
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