JPHY vs. QQQI

Last updated Jun 3, 2026

JPHY (JPMorgan High Yield Research Enhanced ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - JPHY is a High Yield Bonds fund actively managed by JPMorgan, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. A 0.60 correlation means they provide meaningful diversification when combined. JPHY charges 0.24%/yr vs 0.68%/yr for QQQI.

Performance

JPHY vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan High Yield Research Enhanced ETF (JPHY) 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, JPHY achieves a 2.16% return, which is significantly lower than QQQI's 13.63% return.

JPHY

• 1D: 0.08%
• 1M: 0.31%
• YTD: 2.16%
• 6M: 2.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: 0.38%
• 1M: 6.99%
• YTD: 13.63%
• 6M: 13.39%
• 1Y: 31.46%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

JPHY vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
JPHY JPMorgan High Yield Research Enhanced ETF	2.16%	4.00%
QQQI NEOS Nasdaq-100 High Income ETF	13.63%	12.39%

Correlation

The correlation between JPHY 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 (All Time) Calculated using the full available price history since Jun 26, 2025	0.60

JPHY vs. QQQI - Sectors Allocation Comparison

Sectors	JPHY	QQQI
Communication Services	15.8%	15.7%
Industrials	10.8%	3.3%
Consumer Cyclical	8.9%	12.1%
Energy	7.0%	0.7%
Healthcare	5.1%	4.3%
Technology	4.8%	53.3%
Basic Materials	3.6%	1.2%
Real Estate	3.0%	0.1%
Utilities	2.8%	1.5%
Consumer Defensive	2.4%	7.7%
Financial Services	1.8%	0.3%

Return for Risk

JPHY vs. QQQI — Risk / Return Rank

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

QQQI

QQQI Risk / Return Rank: 72
QQQI Sharpe Ratio Rank: 74
QQQI Sortino Ratio Rank: 69
QQQI Omega Ratio Rank: 74
QQQI Calmar Ratio Rank: 67
QQQI Martin Ratio Rank: 77

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.

JPHY vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan High Yield Research Enhanced ETF (JPHY) 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.

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

Sharpe Ratios by Period

	JPHY	QQQI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.44	—
Sharpe Ratio (All Time) Calculated using the full available price history	2.21	1.34	+0.87

Drawdowns

JPHY vs. QQQI - Drawdown Comparison

The maximum JPHY drawdown since its inception was -1.65%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for JPHY and QQQI.

Drawdown Indicators

	JPHY	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-1.65%	-20.00%	+18.35%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	-0.21%	-2.20%	+1.99%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.14%	—

Volatility

Volatility by Period

	JPHY	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	2.67%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	3.05%	12.98%	-9.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	3.05%	17.08%	-14.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	3.05%	17.08%	-14.03%

JPHY vs. QQQI - Expense Ratio Comparison

JPHY has a 0.24% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

JPHY vs. QQQI - Dividend Comparison

JPHY's dividend yield for the trailing twelve months is around 5.91%, less than QQQI's 13.17% yield.

Position	TTM	2025	2024
JPHY JPMorgan High Yield Research Enhanced ETF	5.91%	3.32%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	13.17%	13.82%	12.85%

Frequently Asked Questions

Can I hold both JPHY and QQQI in my portfolio?

JPHY 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.

Which ETF is better, JPHY or QQQI?

On fees, JPHY is cheaper at 0.24% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, JPHY or QQQI?

JPHY is cheaper with a 0.24% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 13.17%, compared with 5.91% for JPHY.

What is the main difference between JPHY and QQQI?

JPHY is categorized as High Yield Bonds, while QQQI is Nasdaq-100. They also come from different issuers: JPMorgan and Neos. Their fees differ too: 0.24% for JPHY and 0.68% for QQQI.