QQQH vs. XQQI

Last updated Aug 5, 2026

QQQH (NEOS Nasdaq-100 Hedged Equity Income ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both Nasdaq-100 funds from Neos. Both are actively managed. Their 0.97 correlation means they have historically moved very closely together. QQQH charges 0.68%/yr vs 0.98%/yr for XQQI.

Performance

QQQH vs. XQQI - Performance Comparison

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

Returns By Period

QQQH

• 1D: 1.44%
• 1M: 0.44%
• 6M: 6.29%
• YTD: 6.32%
• 1Y: 13.37%
• 3Y*: 18.06%
• 5Y*: 7.57%
• 10Y*: —
• ALL TIME*: 9.98%

XQQI

• 1D: 3.83%
• 1M: 0.97%
• 6M: 13.25%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF	$1.75M	$1.56M	$1.79M
XQQI NEOS Boosted Nasdaq-100 High Income ETF	$12.03M	$14.11M	$14.46M

QQQH vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF	5.07%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	11.14%

Correlation

The correlation between QQQH and XQQI is 0.97 - they have historically moved very closely together. At this level, their price movements offset little of one another.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 3, 2026	0.98

Return for Risk

QQQH vs. XQQI — Risk / Return Rank

Compare historical risk-adjusted metric ranks over the past 12 months.

QQQH

QQQH Risk / Return Rank: 45
QQQH Sharpe Ratio Rank: 42
QQQH Sortino Ratio Rank: 40
QQQH Omega Ratio Rank: 40
QQQH Calmar Ratio Rank: 48
QQQH Martin Ratio Rank: 54

XQQI

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

The rank (0–100) uses a weighted average of the Sharpe, Sortino, Omega, Calmar, and Martin percentile ranks for the trailing 12 months. Higher means stronger historical risk-adjusted performance within the peer group.

QQQH vs. XQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) 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.

	QQQH	XQQI	Difference
Sharpe ratio: Return per unit of total volatility	1.17	—	—
Sortino ratio: Return per unit of downside risk	1.65	—	—
Omega ratio: Gain probability vs. loss probability	1.22	—	—
Calmar ratio: Return relative to maximum drawdown	1.93	—	—
Martin ratio: Return relative to average drawdown	7.08	—	—

Drawdowns

QQQH vs. XQQI - Drawdown Comparison

The maximum QQQH drawdown since its inception was -31.24%, which is greater than XQQI's maximum drawdown of -15.48%. Use the drawdown chart below to compare losses from any high point for QQQH and XQQI.

Drawdown Indicators

	QQQH	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-31.24%	-15.48%	-15.76%
Max Drawdown (1Y) Largest decline over 1 year	-6.96%	—	—
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	-1.49%	-4.70%	+3.21%
Average Drawdown Average peak-to-trough decline	-8.11%	-3.85%	-4.26%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.89%	—	—

Volatility

Volatility by Period

	QQQH	XQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.21%	—	—
Volatility (6M) Calculated over the trailing 6-month period	9.39%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	11.50%	28.75%	-17.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	13.47%	28.75%	-15.28%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	13.47%	28.75%	-15.28%

QQQH vs. XQQI - Expense Ratio Comparison

QQQH has a 0.68% expense ratio, which is lower than XQQI's 0.98% expense ratio.

Dividends

QQQH vs. XQQI - Dividend Comparison

QQQH's dividend yield for the trailing twelve months is around 8.97%, less than XQQI's 10.11% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019
QQQH NEOS Nasdaq-100 Hedged Equity Income ETF	8.97%	8.86%	7.53%	7.18%	9.05%	7.77%	7.48%	0.65%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.11%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQH and XQQI in my portfolio?

With a correlation of 0.97, QQQH 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, QQQH or XQQI?

On fees, QQQH is cheaper at 0.68% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QQQH or XQQI?

QQQH is cheaper with a 0.68% expense ratio, compared with 0.98% for XQQI.

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

XQQI has the higher dividend yield at 10.11%, compared with 8.97% for QQQH.

What is the main difference between QQQH and XQQI?

Their fees differ too: 0.68% for QQQH and 0.98% for XQQI.