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QQQI vs. IWDA.AS
Performance
Return for Risk
Drawdowns
Volatility
Dividends

QQQI vs. IWDA.AS

Last updated Jun 9, 2026

QQQI (NEOS Nasdaq-100 High Income ETF) and IWDA.AS (iShares Core MSCI World UCITS ETF USD (Acc)) are both exchange-traded funds - QQQI is a Nasdaq-100 fund actively managed by Neos, while IWDA.AS is a Global Equities fund tracking the MSCI World Index. QQQI is actively managed, while IWDA.AS is passively managed. Over the past year, QQQI returned 25.86% vs 25.58% for IWDA.AS. A 0.59 correlation means they provide meaningful diversification when combined. QQQI charges 0.68%/yr vs 0.20%/yr for IWDA.AS.

Performance

QQQI vs. IWDA.AS - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Nasdaq-100 High Income ETF (QQQI) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). The values are adjusted to include any dividend payments, if applicable.

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Different Trading Currencies

QQQI is traded in USD, while IWDA.AS is traded in EUR. To make them comparable, the IWDA.AS values have been converted to USD using the latest available exchange rates.

Returns By Period

The year-to-date returns for both stocks are quite close, with QQQI having a 9.93% return and IWDA.AS slightly lower at 9.79%.

QQQI

1D
1.27%
1M
-0.05%
YTD
9.93%
6M
9.25%
1Y
25.86%
3Y*
—
5Y*
—
10Y*
—

IWDA.AS

1D
0.07%
1M
2.12%
YTD
9.79%
6M
10.59%
1Y
25.58%
3Y*
20.73%
5Y*
11.83%
10Y*
13.07%
*Multi-year figures are annualized to reflect compound growth (CAGR)

QQQI vs. IWDA.AS - Yearly Performance Comparison

2026 (YTD)20252024
QQQI
NEOS Nasdaq-100 High Income ETF		9.93%18.62%19.83%
IWDA.AS
iShares Core MSCI World UCITS ETF USD (Acc)		9.79%21.46%16.25%

Correlation

The correlation between QQQI and IWDA.AS is 0.67, 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

0.67

Correlation (All Time)
Calculated using the full available price history since Jan 31, 2024

0.59

The correlation between QQQI and IWDA.AS has been stable across timeframes, ranging from 0.59 to 0.67 - a consistent structural relationship.

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.

NEOS Nasdaq-100 High Income ETF

iShares Core MSCI World UCITS ETF USD (Acc)

Often compared with QQQI:
QQQI vs. JEPQQQQI vs. QQQQQQI vs. SPYIQQQI vs. GPIQQQQI vs. JEPIQQQI vs. SCHDQQQI vs. QQQY
Often compared with IWDA.AS:
IWDA.AS vs. CSPX.LIWDA.AS vs. VTIWDA.AS vs. IWQU.LIWDA.AS vs. SWRD.ASIWDA.AS vs. IWVL.LIWDA.AS vs. WEBN.DEIWDA.AS vs. SPYI.DE

Return for Risk

QQQI vs. IWDA.AS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.
QQQI
QQQI Risk / Return Rank: 6464
Overall Rank
QQQI Sharpe Ratio Rank: 6363
Sharpe Ratio Rank
QQQI Sortino Ratio Rank: 5858
Sortino Ratio Rank
QQQI Omega Ratio Rank: 6666
Omega Ratio Rank
QQQI Calmar Ratio Rank: 6060
Calmar Ratio Rank
QQQI Martin Ratio Rank: 7171
Martin Ratio Rank
IWDA.AS
IWDA.AS Risk / Return Rank: 7171
Overall Rank
IWDA.AS Sharpe Ratio Rank: 6666
Sharpe Ratio Rank
IWDA.AS Sortino Ratio Rank: 6767
Sortino Ratio Rank
IWDA.AS Omega Ratio Rank: 6969
Omega Ratio Rank
IWDA.AS Calmar Ratio Rank: 7474
Calmar Ratio Rank
IWDA.AS Martin Ratio Rank: 7777
Martin Ratio Rank
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. IWDA.AS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq-100 High Income ETF (QQQI) and iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS). 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.

QQQIIWDA.ASDifference
Sharpe ratioReturn per unit of total volatility
1.91
2.22

-0.31

Sortino ratioReturn per unit of downside risk
2.48
3.27

-0.79

Omega ratioGain probability vs. loss probability

1.36

1.40

-0.04

Calmar ratioReturn relative to maximum drawdown

2.70

3.05

-0.34

Martin ratioReturn relative to average drawdown

11.98

13.16

-1.18

Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QQQI vs. IWDA.AS - Sharpe Ratio Comparison

The current QQQI Sharpe Ratio is 1.91, which is comparable to the IWDA.AS Sharpe Ratio of 2.22. The chart below compares the historical Sharpe Ratios of QQQI and IWDA.AS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

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Sharpe Ratios by Period

QQQIIWDA.ASDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

1.91

2.22

-0.31

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

—

0.75

—

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

—

0.81

—

Sharpe Ratio (All Time)

Calculated using the full available price history

1.22

0.68

+0.54

Drawdowns

QQQI vs. IWDA.AS - Drawdown Comparison

The maximum QQQI drawdown since its inception was -20.00%, smaller than the maximum IWDA.AS drawdown of -34.11%. Use the drawdown chart below to compare losses from any high point for QQQI and IWDA.AS.

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Drawdown Indicators

QQQIIWDA.ASDifference

Max Drawdown

Largest peak-to-trough decline

-20.00%

-34.11%

+14.11%

Max Drawdown (1Y)

Largest decline over 1 year

-9.61%

-8.39%

-1.22%

Max Drawdown (3Y)

Largest decline over 3 years

—

-17.83%

—

Max Drawdown (5Y)

Largest decline over 5 years

—

-25.94%

—

Max Drawdown (10Y)

Largest decline over 10 years

—

-34.11%

—

Current Drawdown

Current decline from peak

-3.26%

-0.51%

-2.75%

Average Drawdown

Average peak-to-trough decline

-2.20%

-4.64%

+2.44%

Ulcer Index

Depth and duration of drawdowns from previous peaks

2.16%

1.95%

+0.21%

Volatility

QQQI vs. IWDA.AS - Volatility Comparison

NEOS Nasdaq-100 High Income ETF (QQQI) has a higher volatility of 5.07% compared to iShares Core MSCI World UCITS ETF USD (Acc) (IWDA.AS) at 2.94%. This indicates that QQQI's price experiences larger fluctuations and is considered to be riskier than IWDA.AS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

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Volatility by Period

QQQIIWDA.ASDifference

Volatility (1M)

Calculated over the trailing 1-month period

5.07%

2.94%

+2.13%

Volatility (6M)

Calculated over the trailing 6-month period

10.75%

8.59%

+2.16%

Volatility (1Y)

Calculated over the trailing 1-year period

13.65%

11.51%

+2.14%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

17.25%

15.47%

+1.78%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

17.25%

15.80%

+1.45%

QQQI vs. IWDA.AS - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is higher than IWDA.AS's 0.20% expense ratio.

Dividends

QQQI vs. IWDA.AS - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 13.61%, while IWDA.AS has not paid dividends to shareholders.

PositionTTM20252024
IWDA.AS
iShares Core MSCI World UCITS ETF USD (Acc)		0.00%0.00%0.00%
QQQI
NEOS Nasdaq-100 High Income ETF		13.61%13.82%12.85%

Frequently Asked Questions

QQQI and IWDA.AS have a correlation of 0.67, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

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

IWDA.AS is cheaper with a 0.20% expense ratio, compared with 0.68% for QQQI.

QQQI is categorized as Nasdaq-100, while IWDA.AS is Global Equities. They also come from different issuers: Neos and iShares. Their fees differ too: 0.68% for QQQI and 0.20% for IWDA.AS.

Portfolio Optimizer

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