MLPI vs. XQQI

Last updated Jun 24, 2026

MLPI (NEOS MLP & Energy Infrastructure High Income ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both exchange-traded funds - MLPI is a MLPs fund actively managed by NEOS, while XQQI is a Nasdaq-100 fund actively managed by NEOS. Both are actively managed. At a correlation of -0.23, they often move in opposite directions. MLPI charges 0.68%/yr vs 0.98%/yr for XQQI.

Performance

MLPI vs. XQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS MLP & Energy Infrastructure High Income ETF (MLPI) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MLPI

• 1D: 1.09%
• 1M: -2.18%
• YTD: 19.61%
• 6M: 18.17%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XQQI

• 1D: -3.90%
• 1M: -1.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

MLPI vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
MLPI NEOS MLP & Energy Infrastructure High Income ETF	13.67%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.80%

Correlation

The correlation between MLPI and XQQI is -0.23, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	-0.23

Return for Risk

MLPI vs. XQQI - 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 Boosted Nasdaq-100 High Income ETF (XQQI). 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.

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

Drawdowns

MLPI vs. XQQI - Drawdown Comparison

The maximum MLPI drawdown since its inception was -5.38%, smaller than the maximum XQQI drawdown of -13.55%. Use the drawdown chart below to compare losses from any high point for MLPI and XQQI.

Drawdown Indicators

	MLPI	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-5.38%	-13.55%	+8.17%
Current Drawdown Current decline from peak	-2.18%	-5.00%	+2.82%
Average Drawdown Average peak-to-trough decline	-1.49%	-2.95%	+1.46%

Volatility

Volatility by Period

	MLPI	XQQI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	13.05%	26.52%	-13.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.05%	26.52%	-13.47%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.05%	26.52%	-13.47%

MLPI vs. XQQI - Expense Ratio Comparison

MLPI has a 0.68% expense ratio, which is lower than XQQI's 0.98% expense ratio.

Dividends

MLPI vs. XQQI - Dividend Comparison

MLPI's dividend yield for the trailing twelve months is around 7.19%, less than XQQI's 8.24% yield.

Position	TTM
MLPI NEOS MLP & Energy Infrastructure High Income ETF	7.19%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.24%

Frequently Asked Questions

Can I hold both MLPI and XQQI in my portfolio?

MLPI and XQQI have a correlation of -0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, MLPI or XQQI?

On fees, MLPI is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, MLPI or XQQI?

MLPI is cheaper with a 0.68% expense ratio, compared with 0.98% for XQQI.

Which ETF pays a higher dividend yield, MLPI or XQQI?

XQQI has the higher dividend yield at 8.24%, compared with 7.19% for MLPI.

What is the main difference between MLPI and XQQI?

MLPI is categorized as MLPs, while XQQI is Nasdaq-100. Their fees differ too: 0.68% for MLPI and 0.98% for XQQI.