QQQH vs. RSST

Last updated Jun 13, 2026

QQQH (NEOS Nasdaq-100 Hedged Equity Income ETF) and RSST (Return Stacked U.S. Stocks & Managed Futures ETF) are both exchange-traded funds - QQQH is a Nasdaq-100 fund managed by Neos, while RSST is a Large Cap Blend Equities fund actively managed by Return Stacked. Over the past year, QQQH returned 18.01% vs 48.11% for RSST. A 0.75 correlation means they provide meaningful diversification when combined. QQQH charges 0.68%/yr vs 1.04%/yr for RSST.

Performance

QQQH vs. RSST - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQH achieves a 6.04% return, which is significantly lower than RSST's 14.53% return.

QQQH

• 1D: 0.43%
• 1M: 0.07%
• YTD: 6.04%
• 6M: 6.64%
• 1Y: 18.01%
• 3Y*: 19.00%
• 5Y*: 8.74%
• 10Y*: —

RSST

• 1D: 1.06%
• 1M: -4.58%
• YTD: 14.53%
• 6M: 17.56%
• 1Y: 48.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

QQQH vs. RSST - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF	6.04%	14.17%	25.98%	8.10%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	14.53%	19.91%	18.37%	1.58%

Correlation

The correlation between QQQH and RSST is 0.80, 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	0.80
Correlation (All Time) Calculated using the full available price history since Sep 6, 2023	0.75

The correlation between QQQH and RSST has been stable across timeframes, ranging from 0.75 to 0.80 - a consistent structural relationship.

QQQH vs. RSST - Sectors Allocation Comparison

Sectors	QQQH	RSST
Technology	53.5%	30.7%
Communication Services	16.1%	9.6%
Consumer Cyclical	12.1%	9.2%
Consumer Defensive	7.6%	6.0%
Healthcare	4.1%	8.2%
Industrials	3.1%	8.8%
Utilities	1.3%	2.7%
Basic Materials	1.2%	3.4%
Energy	0.6%	5.4%
Financial Services	0.2%	14.6%
Real Estate	0.1%	1.6%

Return for Risk

QQQH vs. RSST — Risk / Return Rank

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

QQQH

QQQH Risk / Return Rank: 58
QQQH Sharpe Ratio Rank: 56
QQQH Sortino Ratio Rank: 52
QQQH Omega Ratio Rank: 59
QQQH Calmar Ratio Rank: 56
QQQH Martin Ratio Rank: 65

RSST

RSST Risk / Return Rank: 70
RSST Sharpe Ratio Rank: 69
RSST Sortino Ratio Rank: 56
RSST Omega Ratio Rank: 64
RSST Calmar Ratio Rank: 83
RSST Martin Ratio Rank: 78

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.

QQQH vs. RSST - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) and Return Stacked U.S. Stocks & Managed Futures ETF (RSST). 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.

	QQQH	RSST	Difference
Sharpe ratio: Return per unit of total volatility	1.66	1.94	-0.29
Sortino ratio: Return per unit of downside risk	2.25	2.35	-0.10
Omega ratio: Gain probability vs. loss probability	1.31	1.33	-0.02
Calmar ratio: Return relative to maximum drawdown	2.46	3.89	-1.43
Martin ratio: Return relative to average drawdown	10.33	12.98	-2.65

QQQH vs. RSST - Sharpe Ratio Comparison

The current QQQH Sharpe Ratio is 1.66, which is comparable to the RSST Sharpe Ratio of 1.94. The chart below compares the historical Sharpe Ratios of QQQH and RSST, 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

QQQH vs. RSST - Drawdown Comparison

The maximum QQQH drawdown since its inception was -31.24%, roughly equal to the maximum RSST drawdown of -30.80%. Use the drawdown chart below to compare losses from any high point for QQQH and RSST.

Drawdown Indicators

	QQQH	RSST	Difference
Max Drawdown Largest peak-to-trough decline	-31.24%	-30.80%	-0.44%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	-11.71%	+4.75%
Max Drawdown (3Y) Largest decline over 3 years	-15.18%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-31.24%	—	—
Current Drawdown Current decline from peak	-1.75%	-6.59%	+4.84%
Average Drawdown Average peak-to-trough decline	-8.24%	-6.03%	-2.21%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.65%	3.51%	-1.86%

Volatility

QQQH vs. RSST - Volatility Comparison

The current volatility for NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) is 4.05%, while Return Stacked U.S. Stocks & Managed Futures ETF (RSST) has a volatility of 8.70%. This indicates that QQQH experiences smaller price fluctuations and is considered to be less risky than RSST based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQH	RSST	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.05%	8.70%	-4.65%
Volatility (6M) Calculated over the trailing 6-month period	8.20%	17.17%	-8.97%
Volatility (1Y) Calculated over the trailing 1-year period	10.32%	23.43%	-13.11%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.28%	24.47%	-11.19%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.42%	24.47%	-11.05%

QQQH vs. RSST - Expense Ratio Comparison

QQQH has a 0.68% expense ratio, which is lower than RSST's 1.04% expense ratio.

Dividends

QQQH vs. RSST - Dividend Comparison

QQQH's dividend yield for the trailing twelve months is around 8.89%, more than RSST's 0.98% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF	8.89%	8.86%	7.53%	7.18%	9.05%	7.77%	7.48%	0.65%
RSST Return Stacked U.S. Stocks & Managed Futures ETF	0.98%	1.12%	0.09%	0.93%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQH and RSST in my portfolio?

QQQH and RSST have a correlation of 0.80, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQH or RSST?

RSST has higher volatility (8.70%) compared to QQQH (4.05%). In terms of maximum drawdown, QQQH dropped -31.24% vs RSST's -30.80%.

Which ETF is better, QQQH or RSST?

On 1-year performance, RSST leads with 48.11% vs 18.01% for QQQH. On fees, QQQH is cheaper at 0.68% per year. On volatility, QQQH has been the lower-risk option at 4.05%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQH or RSST?

Over the 1-year period, RSST has performed better with a 48.11% return vs 18.01%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQH or RSST?

QQQH is cheaper with a 0.68% expense ratio, compared with 1.04% for RSST.

Which ETF pays a higher dividend yield, QQQH or RSST?

QQQH has the higher dividend yield at 8.89%, compared with 0.98% for RSST.

What is the main difference between QQQH and RSST?

QQQH is categorized as Nasdaq-100, while RSST is Large Cap Blend Equities. They also come from different issuers: Neos and Return Stacked. Their fees differ too: 0.68% for QQQH and 1.04% for RSST.

Which has better risk-adjusted returns?

RSST currently has the higher Sharpe Ratio (1.94 vs 1.66), 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.