QQQI vs. IGLD

Last updated Jun 13, 2026

QQQI (NEOS Nasdaq-100 High Income ETF) and IGLD (FT Vest Gold Strategy Target Income ETF) are both exchange-traded funds - QQQI is a Nasdaq-100 fund actively managed by Neos, while IGLD is a Gold fund actively managed by First Trust. Both are actively managed. Over the past year, QQQI returned 25.86% vs 17.44% for IGLD. At a 0.14 correlation, their price movements are largely independent. QQQI charges 0.68%/yr vs 0.85%/yr for IGLD.

Performance

QQQI vs. IGLD - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Nasdaq-100 High Income ETF (QQQI) and FT Vest Gold Strategy Target Income ETF (IGLD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, QQQI achieves a 10.58% return, which is significantly higher than IGLD's -3.45% return.

QQQI

• 1D: 0.70%
• 1M: 0.26%
• YTD: 10.58%
• 6M: 11.20%
• 1Y: 25.86%
• 3Y*: —
• 5Y*: —
• 10Y*: —

IGLD

• 1D: -0.23%
• 1M: -9.34%
• YTD: -3.45%
• 6M: -2.82%
• 1Y: 17.44%
• 3Y*: 20.89%
• 5Y*: 12.02%
• 10Y*: —

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

QQQI vs. IGLD - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QQQI NEOS Nasdaq-100 High Income ETF	10.58%	18.62%	19.44%
IGLD FT Vest Gold Strategy Target Income ETF	-3.45%	47.46%	20.98%

Correlation

The correlation between QQQI and IGLD is 0.23, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.23
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024	0.14

Return for Risk

QQQI vs. IGLD — Risk / Return Rank

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

QQQI

QQQI Risk / Return Rank: 65
QQQI Sharpe Ratio Rank: 65
QQQI Sortino Ratio Rank: 59
QQQI Omega Ratio Rank: 67
QQQI Calmar Ratio Rank: 62
QQQI Martin Ratio Rank: 72

IGLD

IGLD Risk / Return Rank: 23
IGLD Sharpe Ratio Rank: 23
IGLD Sortino Ratio Rank: 22
IGLD Omega Ratio Rank: 26
IGLD Calmar Ratio Rank: 21
IGLD Martin Ratio Rank: 22

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.

QQQI vs. IGLD - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 High Income ETF (QQQI) and FT Vest Gold Strategy Target Income ETF (IGLD). 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.

	QQQI	IGLD	Difference
Sharpe ratio: Return per unit of total volatility	1.84	0.73	+1.12
Sortino ratio: Return per unit of downside risk	2.43	1.08	+1.36
Omega ratio: Gain probability vs. loss probability	1.34	1.16	+0.18
Calmar ratio: Return relative to maximum drawdown	2.70	0.80	+1.90
Martin ratio: Return relative to average drawdown	11.63	2.45	+9.17

QQQI vs. IGLD - Sharpe Ratio Comparison

The current QQQI Sharpe Ratio is 1.84, which is higher than the IGLD Sharpe Ratio of 0.73. The chart below compares the historical Sharpe Ratios of QQQI and IGLD, 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

QQQI vs. IGLD - Drawdown Comparison

The maximum QQQI drawdown since its inception was -20.00%, smaller than the maximum IGLD drawdown of -21.90%. Use the drawdown chart below to compare losses from any high point for QQQI and IGLD.

Drawdown Indicators

	QQQI	IGLD	Difference
Max Drawdown Largest peak-to-trough decline	-20.00%	-21.90%	+1.90%
Max Drawdown (1Y) Largest decline over 1 year	-9.61%	-21.90%	+12.29%
Max Drawdown (3Y) Largest decline over 3 years	—	-21.90%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-21.90%	—
Current Drawdown Current decline from peak	-2.69%	-19.44%	+16.75%
Average Drawdown Average peak-to-trough decline	-2.21%	-5.31%	+3.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.23%	7.12%	-4.89%

Volatility

QQQI vs. IGLD - Volatility Comparison

The current volatility for NEOS Nasdaq-100 High Income ETF (QQQI) is 6.10%, while FT Vest Gold Strategy Target Income ETF (IGLD) has a volatility of 7.55%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than IGLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QQQI	IGLD	Difference
Volatility (1M) Calculated over the trailing 1-month period	6.10%	7.55%	-1.45%
Volatility (6M) Calculated over the trailing 6-month period	11.35%	22.02%	-10.67%
Volatility (1Y) Calculated over the trailing 1-year period	14.10%	24.13%	-10.03%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	17.34%	15.44%	+1.90%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	17.34%	15.23%	+2.11%

QQQI vs. IGLD - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is lower than IGLD's 0.85% expense ratio.

Dividends

QQQI vs. IGLD - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 13.53%, less than IGLD's 18.87% yield.

Position	TTM	2025	2024	2023	2022	2021
IGLD FT Vest Gold Strategy Target Income ETF	18.87%	9.91%	20.81%	7.85%	4.45%	2.24%
QQQI NEOS Nasdaq-100 High Income ETF	13.53%	13.82%	12.85%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both QQQI and IGLD in my portfolio?

QQQI and IGLD have a correlation of 0.23, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which is riskier, QQQI or IGLD?

IGLD has higher volatility (7.55%) compared to QQQI (6.10%). In terms of maximum drawdown, QQQI dropped -20.00% vs IGLD's -21.90%.

Which ETF is better, QQQI or IGLD?

On 1-year performance, QQQI leads with 25.86% vs 17.44% for IGLD. On fees, QQQI is cheaper at 0.68% per year. On volatility, QQQI has been the lower-risk option at 6.10%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QQQI or IGLD?

Over the 1-year period, QQQI has performed better with a 25.86% return vs 17.44%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QQQI or IGLD?

QQQI is cheaper with a 0.68% expense ratio, compared with 0.85% for IGLD.

Which ETF pays a higher dividend yield, QQQI or IGLD?

IGLD has the higher dividend yield at 18.87%, compared with 13.53% for QQQI.

What is the main difference between QQQI and IGLD?

QQQI is categorized as Nasdaq-100, while IGLD is Gold. They also come from different issuers: Neos and First Trust. Their fees differ too: 0.68% for QQQI and 0.85% for IGLD.

Which has better risk-adjusted returns?

QQQI currently has the higher Sharpe Ratio (1.84 vs 0.73), 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.