PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
QQQI vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

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.

-5.00%0.00%5.00%10.00%JuneJulyAugustSeptemberOctoberNovember
10.79%
5.55%
QQQI
QQQY

Returns By Period


QQQI

YTD

N/A

1M

1.98%

6M

10.79%

1Y

N/A

5Y (annualized)

N/A

10Y (annualized)

N/A

QQQY

YTD

11.23%

1M

-0.70%

6M

5.54%

1Y

16.69%

5Y (annualized)

N/A

10Y (annualized)

N/A

Key characteristics


QQQIQQQY
Daily Std Dev14.48%11.83%
Max Drawdown-10.67%-10.07%
Current Drawdown-0.73%-1.75%

Compare stocks, funds, or ETFs

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


QQQI vs. QQQY - Expense Ratio Comparison

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


QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
Expense ratio chart for QQQY: current value at 0.99% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.99%
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%

Correlation

-0.50.00.51.00.9

The correlation between QQQI and QQQY is 0.91, 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. 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.


Sharpe ratio
No data
QQQI
QQQY

Chart placeholderNot enough data

Dividends

QQQI vs. QQQY - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 11.75%, less than QQQY's 86.45% yield.


TTM2023
QQQI
NEOS Nasdaq 100 High Income ETF
11.75%0.00%
QQQY
Defiance Nasdaq 100 Enhanced Options Income ETF
86.45%20.64%

Drawdowns

QQQI vs. QQQY - Drawdown Comparison

The maximum QQQI drawdown since its inception was -10.67%, which is greater than QQQY's maximum drawdown of -10.07%. Use the drawdown chart below to compare losses from any high point for QQQI and QQQY. For additional features, visit the drawdowns tool.


-10.00%-8.00%-6.00%-4.00%-2.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.73%
-1.75%
QQQI
QQQY

Volatility

QQQI vs. QQQY - Volatility Comparison

The current volatility for NEOS Nasdaq 100 High Income ETF (QQQI) is 3.67%, while Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) has a volatility of 4.07%. This indicates that QQQI experiences smaller price fluctuations and is considered to be less risky than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


1.00%2.00%3.00%4.00%5.00%6.00%7.00%8.00%JuneJulyAugustSeptemberOctoberNovember
3.67%
4.07%
QQQI
QQQY