QEW vs. XQQI

Last updated Jun 24, 2026

QEW (Invesco QQQ Equal Weight ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. QEW is passively managed, while XQQI is actively managed. Their correlation of 0.90 suggests significant overlap in exposure. QEW charges 0.25%/yr vs 0.98%/yr for XQQI.

Performance

QEW vs. XQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Invesco QQQ Equal Weight ETF (QEW) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QEW

• 1D: -2.01%
• 1M: 1.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XQQI

• 1D: -3.90%
• 1M: -1.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QEW vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
QEW Invesco QQQ Equal Weight ETF	17.75%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	14.50%

Correlation

The correlation between QEW and XQQI is 0.90, 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 Mar 18, 2026	0.90

Return for Risk

QEW vs. XQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Invesco QQQ Equal Weight ETF (QEW) 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.

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

Drawdowns

QEW vs. XQQI - Drawdown Comparison

The maximum QEW drawdown since its inception was -5.87%, smaller than the maximum XQQI drawdown of -13.55%. Use the drawdown chart below to compare losses from any high point for QEW and XQQI.

Drawdown Indicators

	QEW	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-5.87%	-13.55%	+7.68%
Current Drawdown Current decline from peak	-3.04%	-5.00%	+1.96%
Average Drawdown Average peak-to-trough decline	-1.11%	-2.95%	+1.84%

Volatility

Volatility by Period

	QEW	XQQI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	20.39%	26.52%	-6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	20.39%	26.52%	-6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	20.39%	26.52%	-6.13%

QEW vs. XQQI - Expense Ratio Comparison

QEW has a 0.25% expense ratio, which is lower than XQQI's 0.98% expense ratio.

Dividends

QEW vs. XQQI - Dividend Comparison

QEW's dividend yield for the trailing twelve months is around 0.11%, less than XQQI's 8.24% yield.

Position	TTM
QEW Invesco QQQ Equal Weight ETF	0.11%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.24%

Frequently Asked Questions

Can I hold both QEW and XQQI in my portfolio?

With a correlation of 0.90, QEW 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, QEW or XQQI?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QEW or XQQI?

QEW is cheaper with a 0.25% expense ratio, compared with 0.98% for XQQI.

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

XQQI has the higher dividend yield at 8.24%, compared with 0.11% for QEW.

What is the main difference between QEW and XQQI?

They also come from different issuers: Invesco and NEOS. Their fees differ too: 0.25% for QEW and 0.98% for XQQI.