QCJL vs. XQQI

Last updated Jun 25, 2026

QCJL (FT Vest Nasdaq-100 Conservative Buffer ETF - July) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. Both are actively managed. Their correlation of 0.92 suggests significant overlap in exposure. QCJL charges 0.90%/yr vs 0.98%/yr for XQQI.

Performance

QCJL vs. XQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QCJL

• 1D: -0.06%
• 1M: 0.28%
• YTD: 5.15%
• 6M: 4.85%
• 1Y: 12.57%
• 3Y*: —
• 5Y*: —
• 10Y*: —

XQQI

• 1D: -0.67%
• 1M: -2.42%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QCJL vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
QCJL FT Vest Nasdaq-100 Conservative Buffer ETF - July	4.25%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.06%

Correlation

The correlation between QCJL and XQQI is 0.92, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.92

Return for Risk

QCJL vs. XQQI — Risk / Return Rank

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

QCJL

QCJL Risk / Return Rank: 82
QCJL Sharpe Ratio Rank: 81
QCJL Sortino Ratio Rank: 84
QCJL Omega Ratio Rank: 86
QCJL Calmar Ratio Rank: 72
QCJL Martin Ratio Rank: 87

XQQI

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

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.

QCJL vs. XQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FT Vest Nasdaq-100 Conservative Buffer ETF - July (QCJL) 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.

	QCJL	XQQI	Difference
Sharpe ratio: Return per unit of total volatility	2.26	—	—
Sortino ratio: Return per unit of downside risk	3.28	—	—
Omega ratio: Gain probability vs. loss probability	1.45	—	—
Calmar ratio: Return relative to maximum drawdown	3.15	—	—
Martin ratio: Return relative to average drawdown	16.09	—	—

Drawdowns

QCJL vs. XQQI - Drawdown Comparison

The maximum QCJL drawdown since its inception was -11.18%, smaller than the maximum XQQI drawdown of -13.55%. Use the drawdown chart below to compare losses from any high point for QCJL and XQQI.

Drawdown Indicators

	QCJL	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-11.18%	-13.55%	+2.37%
Max Drawdown (1Y) Largest decline over 1 year	-4.00%	—	—
Current Drawdown Current decline from peak	-0.24%	-5.64%	+5.40%
Average Drawdown Average peak-to-trough decline	-1.04%	-2.97%	+1.93%
Ulcer Index Depth and duration of drawdowns from previous peaks	0.78%	—	—

Volatility

Volatility by Period

	QCJL	XQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	0.73%	—	—
Volatility (6M) Calculated over the trailing 6-month period	4.20%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.63%	26.41%	-20.78%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	9.34%	26.41%	-17.07%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	9.34%	26.41%	-17.07%

QCJL vs. XQQI - Expense Ratio Comparison

QCJL has a 0.90% expense ratio, which is lower than XQQI's 0.98% expense ratio.

Dividends

QCJL vs. XQQI - Dividend Comparison

QCJL has not paid dividends to shareholders, while XQQI's dividend yield for the trailing twelve months is around 8.30%.

Position	TTM
QCJL FT Vest Nasdaq-100 Conservative Buffer ETF - July	0.00%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.30%

Frequently Asked Questions

Can I hold both QCJL and XQQI in my portfolio?

With a correlation of 0.92, QCJL and XQQI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which ETF is better, QCJL or XQQI?

On fees, QCJL is cheaper at 0.90% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QCJL or XQQI?

QCJL is cheaper with a 0.90% expense ratio, compared with 0.98% for XQQI.

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

XQQI has the higher dividend yield at 8.30%, compared with 0.00% for QCJL.

What is the main difference between QCJL and XQQI?

They also come from different issuers: First Trust and NEOS. Their fees differ too: 0.90% for QCJL and 0.98% for XQQI.