MLPI vs. QQQI
MLPI (NEOS MLP & Energy Infrastructure High Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - MLPI is a Infrastructure Equities fund actively managed by Neos, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Their -0.22 correlation means they have often moved in opposite directions in the past. Both charge a 0.68% expense ratio.
Performance
MLPI vs. QQQI - Performance Comparison
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Returns By Period
In the year-to-date period, MLPI achieves a 18.15% return, which is significantly higher than QQQI's 6.90% return.
MLPI
- 1D
- -0.07%
- 1M
- -0.05%
- 6M
- 11.52%
- YTD
- 18.15%
- 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%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $23.44M | $21.53M | $19.40M | |
| $341.25M | $334.46M | $358.36M |
MLPI vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 18.15% | 0.36% |
QQQI NEOS Nasdaq-100 High Income ETF | 6.90% | 2.47% |
Correlation
The correlation between MLPI and QQQI is -0.22, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 18, 2025 | -0.22 |
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Return for Risk
MLPI vs. QQQI — Risk / Return Rank
MLPI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQI
MLPI vs. QQQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS MLP & Energy Infrastructure High Income ETF (MLPI) 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.
| MLPI | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.18 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 1.67 | — |
| Martin ratioReturn relative to average drawdown | — | 6.03 | — |
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Drawdowns
MLPI vs. QQQI - Drawdown Comparison
The maximum MLPI drawdown since its inception was -5.38%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for MLPI and QQQI.
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Drawdown Indicators
| MLPI | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -5.38% | -20.00% | +14.62% |
Max Drawdown (1Y)Largest decline over 1 year | — | -9.61% | — |
Current DrawdownCurrent decline from peak | -3.36% | -5.92% | +2.56% |
Average DrawdownAverage peak-to-trough decline | -1.63% | -2.27% | +0.64% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 2.67% | — |
Volatility
MLPI vs. QQQI - Volatility Comparison
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Volatility by Period
| MLPI | 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 | 13.31% | 16.35% | -3.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 13.31% | 17.75% | -4.44% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 13.31% | 17.75% | -4.44% |
MLPI vs. QQQI - Expense Ratio Comparison
Both MLPI and QQQI have an expense ratio of 0.68%.
Dividends
MLPI vs. QQQI - Dividend Comparison
MLPI's dividend yield for the trailing twelve months is around 8.63%, less than QQQI's 14.38% yield.
| Position | TTM | 2025 | 2024 |
|---|---|---|---|
MLPI NEOS MLP & Energy Infrastructure High Income ETF | 8.63% | 0.00% | 0.00% |
QQQI NEOS Nasdaq-100 High Income ETF | 14.38% | 13.82% | 12.85% |
Frequently Asked Questions
MLPI and QQQI have a correlation of -0.22, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
Both ETFs have the same 0.68% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
MLPI and QQQI have the same expense ratio: 0.68% per year.
QQQI has the higher dividend yield at 14.38%, compared with 8.63% for MLPI.
MLPI is categorized as Infrastructure Equities, while QQQI is Nasdaq-100.
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