NVII vs. QQQI

Last updated Jun 23, 2026

NVII (REX NVIDIA Growth & Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - NVII is a Derivative Income fund actively managed by REX, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. Over the past year, NVII returned 53.28% vs 29.65% for QQQI. A 0.64 correlation means they provide meaningful diversification when combined. NVII charges 0.99%/yr vs 0.68%/yr for QQQI.

Performance

NVII vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in REX NVIDIA Growth & Income ETF (NVII) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with NVII having a 12.61% return and QQQI slightly higher at 13.11%.

NVII

• 1D: -0.04%
• 1M: -2.19%
• YTD: 12.61%
• 6M: 13.34%
• 1Y: 53.28%
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: 0.04%
• 1M: 2.00%
• YTD: 13.11%
• 6M: 12.48%
• 1Y: 29.65%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

NVII vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
NVII REX NVIDIA Growth & Income ETF	12.61%	47.63%
QQQI NEOS Nasdaq-100 High Income ETF	13.11%	16.15%

Correlation

The correlation between NVII and QQQI is 0.63, which is moderate. They share some common price drivers but move independently often enough to provide real diversification benefit when combined.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.63
Correlation (All Time) Calculated using the full available price history since May 28, 2025	0.64

The correlation between NVII and QQQI has been stable across timeframes, ranging from 0.63 to 0.64 - a consistent structural relationship.

Return for Risk

NVII vs. QQQI — Risk / Return Rank

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

NVII

NVII Risk / Return Rank: 45
NVII Sharpe Ratio Rank: 44
NVII Sortino Ratio Rank: 40
NVII Omega Ratio Rank: 39
NVII Calmar Ratio Rank: 60
NVII Martin Ratio Rank: 44

QQQI

QQQI Risk / Return Rank: 66
QQQI Sharpe Ratio Rank: 65
QQQI Sortino Ratio Rank: 59
QQQI Omega Ratio Rank: 67
QQQI Calmar Ratio Rank: 64
QQQI Martin Ratio Rank: 73

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.

NVII vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for REX NVIDIA Growth & Income ETF (NVII) 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.

	NVII	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.49	2.06	-0.56
Sortino ratio: Return per unit of downside risk	1.99	2.72	-0.73
Omega ratio: Gain probability vs. loss probability	1.25	1.38	-0.13
Calmar ratio: Return relative to maximum drawdown	2.90	3.10	-0.20
Martin ratio: Return relative to average drawdown	6.95	13.29	-6.34

NVII vs. QQQI - Sharpe Ratio Comparison

The current NVII Sharpe Ratio is 1.49, which is comparable to the QQQI Sharpe Ratio of 2.06. The chart below compares the historical Sharpe Ratios of NVII and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Drawdowns

NVII vs. QQQI - Drawdown Comparison

The maximum NVII drawdown since its inception was -18.47%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for NVII and QQQI.

Drawdown Indicators

	NVII	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-18.47%	-20.00%	+1.53%
Max Drawdown (1Y) Largest decline over 1 year	-18.47%	-9.61%	-8.86%
Current Drawdown Current decline from peak	-10.83%	-0.46%	-10.37%
Average Drawdown Average peak-to-trough decline	-5.75%	-2.20%	-3.55%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.68%	2.24%	+5.44%

Volatility

NVII vs. QQQI - Volatility Comparison

REX NVIDIA Growth & Income ETF (NVII) has a higher volatility of 13.92% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 7.00%. This indicates that NVII's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	NVII	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	13.92%	7.00%	+6.92%
Volatility (6M) Calculated over the trailing 6-month period	26.84%	11.66%	+15.18%
Volatility (1Y) Calculated over the trailing 1-year period	35.90%	14.51%	+21.39%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	35.41%	17.44%	+17.97%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	35.41%	17.44%	+17.97%

NVII vs. QQQI - Expense Ratio Comparison

NVII has a 0.99% expense ratio, which is higher than QQQI's 0.68% expense ratio.

Dividends

NVII vs. QQQI - Dividend Comparison

NVII's dividend yield for the trailing twelve months is around 54.48%, more than QQQI's 14.54% yield.

Position	TTM	2025	2024
NVII REX NVIDIA Growth & Income ETF	54.48%	29.17%	0.00%
QQQI NEOS Nasdaq-100 High Income ETF	14.54%	13.82%	12.85%

Frequently Asked Questions

Can I hold both NVII and QQQI in my portfolio?

NVII and QQQI have a correlation of 0.63, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, NVII or QQQI?

NVII has higher volatility (13.92%) compared to QQQI (7.00%). In terms of maximum drawdown, NVII dropped -18.47% vs QQQI's -20.00%.

Which ETF is better, NVII or QQQI?

On 1-year performance, NVII leads with 53.28% vs 29.65% for QQQI. On fees, QQQI is cheaper at 0.68% per year. On volatility, QQQI has been the lower-risk option at 7.00%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, NVII or QQQI?

Over the 1-year period, NVII has performed better with a 53.28% return vs 29.65%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, NVII or QQQI?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.99% for NVII.

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

NVII has the higher dividend yield at 54.48%, compared with 14.54% for QQQI.

What is the main difference between NVII and QQQI?

NVII is categorized as Derivative Income, while QQQI is Nasdaq-100. They also come from different issuers: REX and Neos. Their fees differ too: 0.99% for NVII and 0.68% for QQQI.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (2.06 vs 1.49), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.