NIHI vs. QQQI

Last updated Aug 2, 2026

NIHI (NEOS MSCI EAFE High Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - NIHI is a Derivative Income fund actively managed by Neos, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Their 0.70 correlation means they have sometimes moved together and sometimes differently. Both charge a 0.68% expense ratio.

Performance

NIHI vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS MSCI EAFE High Income ETF (NIHI) 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, NIHI achieves a 8.84% return, which is significantly higher than QQQI's 6.90% return.

NIHI

• 1D: -0.33%
• 1M: 1.22%
• 6M: 5.27%
• YTD: 8.84%
• 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%

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
NIHI NEOS MSCI EAFE High Income ETF	$2.03M	$2.13M	$2.32M
QQQI NEOS Nasdaq-100 High Income ETF	$341.25M	$334.46M	$358.36M

NIHI vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
NIHI NEOS MSCI EAFE High Income ETF	8.84%	4.89%
QQQI NEOS Nasdaq-100 High Income ETF	6.90%	4.25%

Correlation

The correlation between NIHI and QQQI is 0.70, which is moderate. They have sometimes moved together and sometimes differently, sharing some price drivers without tracking each other closely.

	Correlation
Correlation (All Time) Calculated using the full available price history since Sep 17, 2025	0.70

NIHI vs. QQQI - Sectors Allocation Comparison

Sectors	NIHI	QQQI
Financial Services	23.1%	0.2%
Industrials	19.7%	4.3%
Technology	12.6%	59.9%
Healthcare	9.8%	3.7%
Consumer Cyclical	8.1%	10.0%
Consumer Defensive	6.5%	6.5%
Basic Materials	6.3%	1.1%
Communication Services	4.3%	12.1%
Utilities	3.5%	1.2%
Energy	3.3%	0.5%
Real Estate	2.8%	0.1%

Return for Risk

NIHI vs. QQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

NIHI

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

QQQI

QQQI Risk / Return Rank: 43
QQQI Sharpe Ratio Rank: 40
QQQI Sortino Ratio Rank: 38
QQQI Omega Ratio Rank: 39
QQQI Calmar Ratio Rank: 47
QQQI Martin Ratio Rank: 52

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

NIHI vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS MSCI EAFE High Income ETF (NIHI) 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.

	NIHI	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	—	0.98	—
Sortino ratio: Return per unit of downside risk	—	1.42	—
Omega ratio: Gain probability vs. loss probability	—	1.18	—
Calmar ratio: Return relative to maximum drawdown	—	1.67	—
Martin ratio: Return relative to average drawdown	—	6.03	—

Drawdowns

NIHI vs. QQQI - Drawdown Comparison

The maximum NIHI drawdown since its inception was -10.88%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for NIHI and QQQI.

Drawdown Indicators

	NIHI	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-10.88%	-20.00%	+9.12%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-0.33%	-5.92%	+5.59%
Average Drawdown Average peak-to-trough decline	-2.13%	-2.27%	+0.14%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.67%	—

Volatility

Volatility by Period

	NIHI	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	14.88%	16.35%	-1.47%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	14.88%	17.75%	-2.87%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	14.88%	17.75%	-2.87%

NIHI vs. QQQI - Expense Ratio Comparison

Both NIHI and QQQI have an expense ratio of 0.68%.

Dividends

NIHI vs. QQQI - Dividend Comparison

NIHI's dividend yield for the trailing twelve months is around 9.35%, less than QQQI's 14.38% yield.

Position	TTM	2025	2024
NIHI NEOS MSCI EAFE High Income ETF	9.35%	3.44%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	14.38%	13.82%	12.85%

Frequently Asked Questions

Can I hold both NIHI and QQQI in my portfolio?

NIHI and QQQI have a correlation of 0.70, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NIHI or QQQI?

Both ETFs have the same 0.68% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, NIHI or QQQI?

NIHI and QQQI have the same expense ratio: 0.68% per year.

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

QQQI has the higher dividend yield at 14.38%, compared with 9.35% for NIHI.

What is the main difference between NIHI and QQQI?

NIHI is categorized as Derivative Income, while QQQI is Nasdaq-100.