NEHI vs. QQQI

Last updated Jul 14, 2026

NEHI (NEOS Ethereum High Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - NEHI is a Cryptocurrency fund actively managed by Neos, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. At a 0.49 correlation, their price movements are largely independent. NEHI charges 0.98%/yr vs 0.68%/yr for QQQI.

Performance

NEHI vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Ethereum High Income ETF (NEHI) 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, NEHI achieves a -37.76% return, which is significantly lower than QQQI's 10.40% return.

NEHI

• 1D: -1.04%
• 1M: 4.13%
• 6M: -40.37%
• YTD: -37.76%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -1.69%
• 1M: -0.16%
• 6M: 8.70%
• YTD: 10.40%
• 1Y: 22.03%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NEHI vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
NEHI NEOS Ethereum High Income ETF	-37.76%	-1.24%
QQQI NEOS Nasdaq-100 High Income ETF	10.40%	-0.21%

Correlation

The correlation between NEHI and QQQI is 0.49, 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	0.49

Return for Risk

NEHI vs. QQQI — Risk / Return Rank

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

NEHI

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

QQQI

QQQI Risk / Return Rank: 56
QQQI Sharpe Ratio Rank: 52
QQQI Sortino Ratio Rank: 49
QQQI Omega Ratio Rank: 53
QQQI Calmar Ratio Rank: 58
QQQI Martin Ratio Rank: 66

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.

NEHI vs. QQQI - 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 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.

	NEHI	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.44	—
Sortino ratio: Return per unit of downside risk	—	1.96	—
Omega ratio: Gain probability vs. loss probability	—	1.27	—
Calmar ratio: Return relative to maximum drawdown	—	2.30	—
Martin ratio: Return relative to average drawdown	—	9.51	—

Drawdowns

NEHI vs. QQQI - Drawdown Comparison

The maximum NEHI drawdown since its inception was -50.12%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for NEHI and QQQI.

Drawdown Indicators

	NEHI	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-50.12%	-20.00%	-30.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-44.33%	-2.84%	-41.49%
Average Drawdown Average peak-to-trough decline	-28.53%	-2.21%	-26.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.32%	—

Volatility

Volatility by Period

	NEHI	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.43%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.76%	—
Volatility (1Y) Calculated over the trailing 1-year period	58.43%	15.44%	+42.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	58.43%	17.60%	+40.83%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	58.43%	17.60%	+40.83%

NEHI vs. QQQI - Expense Ratio Comparison

NEHI has a 0.98% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

NEHI vs. QQQI - Dividend Comparison

NEHI's dividend yield for the trailing twelve months is around 28.39%, more than QQQI's 13.76% yield.

Position	TTM	2025	2024
NEHI NEOS Ethereum High Income ETF	28.39%	2.87%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	13.76%	13.82%	12.85%

Frequently Asked Questions

Can I hold both NEHI and QQQI in my portfolio?

NEHI and QQQI have a correlation of 0.49, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NEHI or QQQI?

On fees, QQQI 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, NEHI or QQQI?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.98% for NEHI.

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

NEHI has the higher dividend yield at 28.39%, compared with 13.76% for QQQI.

What is the main difference between NEHI and QQQI?

NEHI is categorized as Cryptocurrency, while QQQI is Nasdaq-100. Their fees differ too: 0.98% for NEHI and 0.68% for QQQI.