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QQQI vs. IQQQ
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

QQQI vs. IQQQ - Performance Comparison

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

0.00%5.00%10.00%15.00%JuneJulyAugustSeptemberOctoberNovember
11.50%
10.14%
QQQI
IQQQ

Returns By Period


QQQI

YTD

N/A

1M

1.73%

6M

9.80%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

IQQQ

YTD

N/A

1M

0.45%

6M

8.62%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


QQQIIQQQ
Daily Std Dev14.61%17.27%
Max Drawdown-10.67%-13.07%
Current Drawdown-1.83%-3.50%

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QQQI vs. IQQQ - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is higher than IQQQ's 0.55% expense ratio.


QQQI
NEOS Nasdaq 100 High Income ETF
Expense ratio chart for QQQI: current value at 0.68% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.68%
Expense ratio chart for IQQQ: current value at 0.55% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.55%

Correlation

-0.50.00.51.01.0

The correlation between QQQI and IQQQ is 0.98, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

QQQI vs. IQQQ - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and ProShares Nasdaq-100 High Income ETF (IQQQ). 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.


Sharpe ratio
No data
QQQI
IQQQ

Chart placeholderNot enough data

Dividends

QQQI vs. IQQQ - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 10.57%, more than IQQQ's 6.20% yield.


TTM
QQQI
NEOS Nasdaq 100 High Income ETF
10.57%
IQQQ
ProShares Nasdaq-100 High Income ETF
6.20%

Drawdowns

QQQI vs. IQQQ - Drawdown Comparison

The maximum QQQI drawdown since its inception was -10.67%, smaller than the maximum IQQQ drawdown of -13.07%. Use the drawdown chart below to compare losses from any high point for QQQI and IQQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-1.83%
-3.50%
QQQI
IQQQ

Volatility

QQQI vs. IQQQ - Volatility Comparison

The current volatility for NEOS Nasdaq 100 High Income ETF (QQQI) is 3.86%, while ProShares Nasdaq-100 High Income ETF (IQQQ) has a volatility of 5.36%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than IQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.86%
5.36%
QQQI
IQQQ