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

Performance

QQQI vs. QQQ - Performance Comparison

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

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.79%
11.65%
QQQI
QQQ

Returns By Period


QQQI

YTD

N/A

1M

1.98%

6M

10.79%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QQQ

YTD

23.84%

1M

1.82%

6M

11.65%

1Y

30.35%

5Y (annualized)

20.97%

10Y (annualized)

18.03%

Key characteristics


QQQIQQQ
Daily Std Dev14.48%17.37%
Max Drawdown-10.67%-82.98%
Current Drawdown-0.73%-1.78%

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QQQI vs. QQQ - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is higher than QQQ's 0.20% 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 QQQ: current value at 0.20% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.20%

Correlation

-0.50.00.51.01.0

The correlation between QQQI and QQQ is 0.96, 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. QQQ - Risk-Adjusted Performance Comparison

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

Chart placeholderNot enough data

Dividends

QQQI vs. QQQ - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 11.75%, more than QQQ's 0.60% yield.


TTM20232022202120202019201820172016201520142013
QQQI
NEOS Nasdaq 100 High Income ETF
11.75%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
QQQ
Invesco QQQ
0.60%0.62%0.80%0.43%0.55%0.74%0.91%0.84%1.06%0.99%1.41%1.02%

Drawdowns

QQQI vs. QQQ - Drawdown Comparison

The maximum QQQI drawdown since its inception was -10.67%, smaller than the maximum QQQ drawdown of -82.98%. Use the drawdown chart below to compare losses from any high point for QQQI and QQQ. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.73%
-1.78%
QQQI
QQQ

Volatility

QQQI vs. QQQ - Volatility Comparison

The current volatility for NEOS Nasdaq 100 High Income ETF (QQQI) is 3.67%, while Invesco QQQ (QQQ) has a volatility of 5.41%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than QQQ 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
3.67%
5.41%
QQQI
QQQ