IQQQ vs. LLII

Last updated Jun 24, 2026

IQQQ (ProShares Nasdaq-100 High Income ETF) and LLII (REX LLY Growth & Income ETF) are both exchange-traded funds - IQQQ is a Nasdaq-100 fund tracking the Nasdaq-100 Daily Covered Call Index, while LLII is a Derivative Income fund actively managed by REX. IQQQ is passively managed, while LLII is actively managed. At a 0.09 correlation, their price movements are largely independent. IQQQ charges 0.55%/yr vs 0.99%/yr for LLII.

Performance

IQQQ vs. LLII - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Nasdaq-100 High Income ETF (IQQQ) and REX LLY Growth & Income ETF (LLII). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, IQQQ achieves a 13.69% return, which is significantly higher than LLII's 2.07% return.

IQQQ

• 1D: -3.07%
• 1M: -0.70%
• YTD: 13.69%
• 6M: 12.30%
• 1Y: 31.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

LLII

• 1D: 0.00%
• 1M: 6.03%
• YTD: 2.07%
• 6M: 3.04%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

IQQQ vs. LLII - Yearly Performance Comparison

	2026 (YTD)	2025
IQQQ ProShares Nasdaq-100 High Income ETF	13.69%	-3.29%
LLII REX LLY Growth & Income ETF	2.07%	19.74%

Correlation

The correlation between IQQQ and LLII is 0.09, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 4, 2025	0.09

Return for Risk

IQQQ vs. LLII — Risk / Return Rank

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

IQQQ

IQQQ Risk / Return Rank: 56
IQQQ Sharpe Ratio Rank: 57
IQQQ Sortino Ratio Rank: 52
IQQQ Omega Ratio Rank: 54
IQQQ Calmar Ratio Rank: 60
IQQQ Martin Ratio Rank: 58

LLII

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

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.

IQQQ vs. LLII - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Nasdaq-100 High Income ETF (IQQQ) and REX LLY Growth & Income ETF (LLII). 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.

	IQQQ	LLII	Difference
Sharpe ratio: Return per unit of total volatility	1.86	—	—
Sortino ratio: Return per unit of downside risk	2.42	—	—
Omega ratio: Gain probability vs. loss probability	1.32	—	—
Calmar ratio: Return relative to maximum drawdown	2.85	—	—
Martin ratio: Return relative to average drawdown	9.77	—	—

Drawdowns

IQQQ vs. LLII - Drawdown Comparison

The maximum IQQQ drawdown since its inception was -20.41%, smaller than the maximum LLII drawdown of -23.96%. Use the drawdown chart below to compare losses from any high point for IQQQ and LLII.

Drawdown Indicators

	IQQQ	LLII	Difference
Max Drawdown Largest peak-to-trough decline	-20.41%	-23.96%	+3.55%
Max Drawdown (1Y) Largest decline over 1 year	-11.13%	—	—
Current Drawdown Current decline from peak	-4.53%	-0.71%	-3.82%
Average Drawdown Average peak-to-trough decline	-3.63%	-8.63%	+5.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.24%	—	—

Volatility

Volatility by Period

	IQQQ	LLII	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.32%	—	—
Volatility (6M) Calculated over the trailing 6-month period	13.59%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	17.06%	35.58%	-18.52%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.08%	35.58%	-16.50%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.08%	35.58%	-16.50%

IQQQ vs. LLII - Expense Ratio Comparison

IQQQ has a 0.55% expense ratio, which is lower than LLII's 0.99% expense ratio.

Dividends

IQQQ vs. LLII - Dividend Comparison

IQQQ's dividend yield for the trailing twelve months is around 4.62%, less than LLII's 25.62% yield.

Position	TTM	2025	2024
IQQQ ProShares Nasdaq-100 High Income ETF	4.62%	10.34%	7.27%
LLII REX LLY Growth & Income ETF	25.62%	5.13%	0.00%

Frequently Asked Questions

Can I hold both IQQQ and LLII in my portfolio?

IQQQ and LLII have a correlation of 0.09, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, IQQQ or LLII?

On fees, IQQQ is cheaper at 0.55% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, IQQQ or LLII?

IQQQ is cheaper with a 0.55% expense ratio, compared with 0.99% for LLII.

Which ETF pays a higher dividend yield, IQQQ or LLII?

LLII has the higher dividend yield at 25.62%, compared with 4.62% for IQQQ.

What is the main difference between IQQQ and LLII?

IQQQ is categorized as Nasdaq-100, while LLII is Derivative Income. They also come from different issuers: ProShares and REX. Their fees differ too: 0.55% for IQQQ and 0.99% for LLII.