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

Correlation

The correlation between QQQI and QQQY is 0.88, 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.


-0.50.00.51.0
Correlation: 0.9

Performance

QQQI vs. QQQY - Performance Comparison

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

-10.00%0.00%10.00%20.00%30.00%NovemberDecember2025FebruaryMarchApril
12.45%
-6.08%
QQQI
QQQY

Key characteristics

Sharpe Ratio

QQQI:

0.60

QQQY:

-0.19

Sortino Ratio

QQQI:

0.98

QQQY:

-0.12

Omega Ratio

QQQI:

1.15

QQQY:

0.98

Calmar Ratio

QQQI:

0.64

QQQY:

-0.18

Martin Ratio

QQQI:

2.50

QQQY:

-0.57

Ulcer Index

QQQI:

5.08%

QQQY:

5.88%

Daily Std Dev

QQQI:

21.32%

QQQY:

17.62%

Max Drawdown

QQQI:

-20.00%

QQQY:

-19.04%

Current Drawdown

QQQI:

-10.71%

QQQY:

-16.47%

Returns By Period

In the year-to-date period, QQQI achieves a -6.16% return, which is significantly higher than QQQY's -12.19% return.


QQQI

YTD

-6.16%

1M

-4.75%

6M

-1.99%

1Y

10.62%

5Y*

N/A

10Y*

N/A

QQQY

YTD

-12.19%

1M

-10.38%

6M

-13.46%

1Y

-4.56%

5Y*

N/A

10Y*

N/A

*Annualized

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QQQI vs. QQQY - Expense Ratio Comparison

QQQI has a 0.68% expense ratio, which is lower than QQQY's 0.99% expense ratio.


Expense ratio chart for QQQY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQY: 0.99%
Expense ratio chart for QQQI: current value is 0.68%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQI: 0.68%

Risk-Adjusted Performance

QQQI vs. QQQY — Risk-Adjusted Performance Rank

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

QQQI
The Risk-Adjusted Performance Rank of QQQI is 6868
Overall Rank
The Sharpe Ratio Rank of QQQI is 6565
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQI is 6767
Sortino Ratio Rank
The Omega Ratio Rank of QQQI is 6969
Omega Ratio Rank
The Calmar Ratio Rank of QQQI is 7272
Calmar Ratio Rank
The Martin Ratio Rank of QQQI is 6868
Martin Ratio Rank

QQQY
The Risk-Adjusted Performance Rank of QQQY is 1212
Overall Rank
The Sharpe Ratio Rank of QQQY is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 1313
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 1212
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 1111
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

QQQI vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


The chart of Sharpe ratio for QQQI, currently valued at 0.60, compared to the broader market-1.000.001.002.003.004.00
QQQI: 0.60
QQQY: -0.19
The chart of Sortino ratio for QQQI, currently valued at 0.98, compared to the broader market-2.000.002.004.006.008.00
QQQI: 0.98
QQQY: -0.12
The chart of Omega ratio for QQQI, currently valued at 1.15, compared to the broader market0.501.001.502.00
QQQI: 1.15
QQQY: 0.98
The chart of Calmar ratio for QQQI, currently valued at 0.64, compared to the broader market0.002.004.006.008.0010.0012.00
QQQI: 0.64
QQQY: -0.18
The chart of Martin ratio for QQQI, currently valued at 2.50, compared to the broader market0.0020.0040.0060.00
QQQI: 2.50
QQQY: -0.57

The current QQQI Sharpe Ratio is 0.60, which is higher than the QQQY Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of QQQI and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-0.500.000.501.001.50Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30Apr 06Apr 13Apr 20
0.60
-0.19
QQQI
QQQY

Dividends

QQQI vs. QQQY - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 15.57%, less than QQQY's 92.79% yield.


TTM20242023
QQQI
NEOS Nasdaq 100 High Income ETF
15.57%12.85%0.00%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
92.79%83.34%20.64%

Drawdowns

QQQI vs. QQQY - Drawdown Comparison

The maximum QQQI drawdown since its inception was -20.00%, which is greater than QQQY's maximum drawdown of -19.04%. Use the drawdown chart below to compare losses from any high point for QQQI and QQQY. For additional features, visit the drawdowns tool.


-20.00%-15.00%-10.00%-5.00%0.00%NovemberDecember2025FebruaryMarchApril
-10.71%
-16.47%
QQQI
QQQY

Volatility

QQQI vs. QQQY - Volatility Comparison

NEOS Nasdaq 100 High Income ETF (QQQI) has a higher volatility of 15.24% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 11.06%. This indicates that QQQI's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%NovemberDecember2025FebruaryMarchApril
15.24%
11.06%
QQQI
QQQY