QNXT vs. XQQI

Last updated Jun 25, 2026

QNXT (iShares Nasdaq-100 ex Top 30 ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. QNXT is passively managed, while XQQI is actively managed. Their correlation of 0.83 suggests significant overlap in exposure. QNXT charges 0.20%/yr vs 0.98%/yr for XQQI.

Performance

QNXT vs. XQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iShares Nasdaq-100 ex Top 30 ETF (QNXT) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

QNXT

• 1D: 0.11%
• 1M: 1.95%
• YTD: 12.56%
• 6M: 11.13%
• 1Y: 18.98%
• 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)

QNXT vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
QNXT iShares Nasdaq-100 ex Top 30 ETF	11.05%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.06%

Correlation

The correlation between QNXT and XQQI is 0.83, 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	0.83

Return for Risk

QNXT vs. XQQI — Risk / Return Rank

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

QNXT

QNXT Risk / Return Rank: 38
QNXT Sharpe Ratio Rank: 38
QNXT Sortino Ratio Rank: 36
QNXT Omega Ratio Rank: 35
QNXT Calmar Ratio Rank: 42
QNXT Martin Ratio Rank: 42

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.

QNXT vs. XQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for iShares Nasdaq-100 ex Top 30 ETF (QNXT) 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.

	QNXT	XQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.21	—	—
Sortino ratio: Return per unit of downside risk	1.72	—	—
Omega ratio: Gain probability vs. loss probability	1.21	—	—
Calmar ratio: Return relative to maximum drawdown	1.88	—	—
Martin ratio: Return relative to average drawdown	5.99	—	—

Drawdowns

QNXT vs. XQQI - Drawdown Comparison

The maximum QNXT drawdown since its inception was -22.25%, which is greater than XQQI's maximum drawdown of -13.55%. Use the drawdown chart below to compare losses from any high point for QNXT and XQQI.

Drawdown Indicators

	QNXT	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-22.25%	-13.55%	-8.70%
Max Drawdown (1Y) Largest decline over 1 year	-10.16%	—	—
Current Drawdown Current decline from peak	-3.28%	-5.64%	+2.36%
Average Drawdown Average peak-to-trough decline	-3.74%	-2.97%	-0.77%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.18%	—	—

Volatility

Volatility by Period

	QNXT	XQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.79%	—	—
Volatility (6M) Calculated over the trailing 6-month period	12.00%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.92%	26.41%	-10.49%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.92%	26.41%	-6.49%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.92%	26.41%	-6.49%

QNXT vs. XQQI - Expense Ratio Comparison

QNXT has a 0.20% expense ratio, which is lower than XQQI's 0.98% expense ratio.

Dividends

QNXT vs. XQQI - Dividend Comparison

QNXT's dividend yield for the trailing twelve months is around 0.67%, less than XQQI's 8.30% yield.

Position	TTM	2025	2024
QNXT iShares Nasdaq-100 ex Top 30 ETF	0.67%	0.64%	0.22%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.30%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QNXT and XQQI in my portfolio?

QNXT and XQQI have a correlation of 0.83, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, QNXT or XQQI?

On fees, QNXT is cheaper at 0.20% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QNXT or XQQI?

QNXT is cheaper with a 0.20% expense ratio, compared with 0.98% for XQQI.

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

XQQI has the higher dividend yield at 8.30%, compared with 0.67% for QNXT.

What is the main difference between QNXT and XQQI?

They also come from different issuers: iShares and NEOS. Their fees differ too: 0.20% for QNXT and 0.98% for XQQI.