IQQ vs. QQQI

Last updated Aug 2, 2026

IQQ (iShares Nasdaq 100 ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. IQQ is passively managed, while QQQI is actively managed. Their 0.99 correlation means they have historically moved very closely together. IQQ charges 0.10%/yr vs 0.68%/yr for QQQI.

Performance

IQQ vs. QQQI - Performance Comparison

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

Returns By Period

IQQ

• 1D: 0.61%
• 1M: —
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

QQQI

• 1D: 0.68%
• 1M: -3.08%
• 6M: 5.69%
• YTD: 6.90%
• 1Y: 17.94%
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: 18.07%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
IQQ iShares Nasdaq 100 ETF	$29.72M	$37.50M	$37.50M
QQQI NEOS Nasdaq-100 High Income ETF	$341.25M	$334.46M	$358.36M

IQQ vs. QQQI - Yearly Performance Comparison

	2026 (YTD)
IQQ iShares Nasdaq 100 ETF	-4.63%
QQQI NEOS Nasdaq-100 High Income ETF	-3.04%

Correlation

The correlation between IQQ and QQQI is 0.99 - 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	0.99

Return for Risk

IQQ vs. QQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

IQQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQI

QQQI Risk / Return Rank: 43
QQQI Sharpe Ratio Rank: 40
QQQI Sortino Ratio Rank: 38
QQQI Omega Ratio Rank: 39
QQQI Calmar Ratio Rank: 47
QQQI Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

IQQ vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq 100 ETF (IQQ) 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.

	IQQ	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.98	—
Sortino ratio: Return per unit of downside risk	—	1.42	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.67	—
Martin ratio: Return relative to average drawdown	—	6.03	—

Drawdowns

IQQ vs. QQQI - Drawdown Comparison

The maximum IQQ drawdown since its inception was -8.80%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for IQQ and QQQI.

Drawdown Indicators

	IQQ	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-8.80%	-20.00%	+11.20%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-5.21%	-5.92%	+0.71%
Average Drawdown Average peak-to-trough decline	-3.69%	-2.27%	-1.42%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.67%	—

Volatility

Volatility by Period

	IQQ	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	6.53%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.66%	—
Volatility (1Y) Calculated over the trailing 1-year period	23.03%	16.35%	+6.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.03%	17.75%	+5.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.03%	17.75%	+5.28%

IQQ vs. QQQI - Expense Ratio Comparison

IQQ has a 0.10% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

IQQ vs. QQQI - Dividend Comparison

IQQ has not paid dividends to shareholders, while QQQI's dividend yield for the trailing twelve months is around 14.38%.

Position	TTM	2025	2024
IQQ iShares Nasdaq 100 ETF	0.00%	0.00%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	14.38%	13.82%	12.85%

Frequently Asked Questions

Can I hold both IQQ and QQQI in my portfolio?

With a correlation of 0.99, IQQ and QQQI 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.

Which ETF is better, IQQ or QQQI?

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.

Which ETF is cheaper, IQQ or QQQI?

IQQ is cheaper with a 0.10% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 14.38%, compared with 0.00% for IQQ.

What is the main difference between IQQ and QQQI?

They also come from different issuers: iShares and Neos. Their fees differ too: 0.10% for IQQ and 0.68% for QQQI.