NEHI vs. QQQH
NEHI (NEOS Ethereum High Income ETF) and QQQH (NEOS Nasdaq-100 Hedged Equity Income ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while QQQH is a Nasdaq-100 fund managed by Neos. At a 0.48 correlation, their price movements are largely independent. NEHI charges 0.98%/yr vs 0.68%/yr for QQQH.
Performance
NEHI vs. QQQH - Performance Comparison
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Returns By Period
In the year-to-date period, NEHI achieves a -37.76% return, which is significantly lower than QQQH's 6.16% return.
NEHI
- 1D
- -1.04%
- 1M
- 4.13%
- 6M
- -40.37%
- YTD
- -37.76%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
QQQH
- 1D
- -1.04%
- 1M
- 0.11%
- 6M
- 4.95%
- YTD
- 6.16%
- 1Y
- 14.82%
- 3Y*
- 17.42%
- 5Y*
- 7.85%
- 10Y*
- —
NEHI vs. QQQH - Yearly Performance Comparison
| 2026 (YTD) | 2025 | |
|---|---|---|
NEHI NEOS Ethereum High Income ETF | -37.76% | -1.24% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 6.16% | -0.06% |
Correlation
The correlation between NEHI and QQQH is 0.48, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since Dec 3, 2025 | 0.48 |
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Return for Risk
NEHI vs. QQQH — Risk / Return Rank
NEHI
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
QQQH
NEHI vs. QQQH - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for NEOS Ethereum High Income ETF (NEHI) and NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH). 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.
| NEHI | QQQH | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.25 | — |
| Calmar ratioReturn relative to maximum drawdown | — | 2.14 | — |
| Martin ratioReturn relative to average drawdown | — | 8.71 | — |
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Drawdowns
NEHI vs. QQQH - Drawdown Comparison
The maximum NEHI drawdown since its inception was -50.12%, which is greater than QQQH's maximum drawdown of -31.24%. Use the drawdown chart below to compare losses from any high point for NEHI and QQQH.
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Drawdown Indicators
| NEHI | QQQH | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -50.12% | -31.24% | -18.88% |
Max Drawdown (1Y)Largest decline over 1 year | — | -6.96% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -15.18% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -31.24% | — |
Current DrawdownCurrent decline from peak | -44.33% | -1.64% | -42.69% |
Average DrawdownAverage peak-to-trough decline | -28.53% | -8.16% | -20.37% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 1.70% | — |
Volatility
NEHI vs. QQQH - Volatility Comparison
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Volatility by Period
| NEHI | QQQH | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.85% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 8.89% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 58.43% | 11.02% | +47.41% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 58.43% | 13.40% | +45.03% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 58.43% | 13.45% | +44.98% |
NEHI vs. QQQH - Expense Ratio Comparison
NEHI has a 0.98% expense ratio, which is higher than QQQH's 0.68% expense ratio.
Dividends
NEHI vs. QQQH - Dividend Comparison
NEHI's dividend yield for the trailing twelve months is around 28.39%, more than QQQH's 8.96% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 |
|---|---|---|---|---|---|---|---|---|
NEHI NEOS Ethereum High Income ETF | 28.39% | 2.87% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF | 8.96% | 8.86% | 7.53% | 7.18% | 9.05% | 7.77% | 7.48% | 0.65% |
Frequently Asked Questions
NEHI and QQQH have a correlation of 0.48, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, QQQH is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.
QQQH is cheaper with a 0.68% expense ratio, compared with 0.98% for NEHI.
NEHI has the higher dividend yield at 28.39%, compared with 8.96% for QQQH.
NEHI is categorized as Cryptocurrency, while QQQH is Nasdaq-100. Their fees differ too: 0.98% for NEHI and 0.68% for QQQH.
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