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

Correlation

The correlation between QQQI and SPYI is 0.93, 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. SPYI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Nasdaq 100 High Income ETF (QQQI) and NEOS S&P 500 High Income ETF (SPYI). The values are adjusted to include any dividend payments, if applicable.

10.00%15.00%20.00%25.00%NovemberDecember2025FebruaryMarchApril
8.75%
9.11%
QQQI
SPYI

Key characteristics

Sharpe Ratio

QQQI:

0.26

SPYI:

0.38

Sortino Ratio

QQQI:

0.44

SPYI:

0.56

Omega Ratio

QQQI:

1.06

SPYI:

1.08

Calmar Ratio

QQQI:

0.31

SPYI:

0.47

Martin Ratio

QQQI:

1.12

SPYI:

1.95

Ulcer Index

QQQI:

3.78%

SPYI:

2.38%

Daily Std Dev

QQQI:

16.40%

SPYI:

12.09%

Max Drawdown

QQQI:

-13.66%

SPYI:

-10.19%

Current Drawdown

QQQI:

-13.66%

SPYI:

-9.82%

Returns By Period

In the year-to-date period, QQQI achieves a -9.25% return, which is significantly lower than SPYI's -6.01% return.


QQQI

YTD

-9.25%

1M

-7.77%

6M

-3.24%

1Y

4.09%

5Y*

N/A

10Y*

N/A

SPYI

YTD

-6.01%

1M

-5.44%

6M

-3.16%

1Y

4.47%

5Y*

N/A

10Y*

N/A

*Annualized

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. SPYI - Expense Ratio Comparison

Both QQQI and SPYI have an expense ratio of 0.68%.


QQQI
NEOS Nasdaq 100 High Income ETF
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%
Expense ratio chart for SPYI: 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%
SPYI: 0.68%

Risk-Adjusted Performance

QQQI vs. SPYI — 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 3131
Overall Rank
The Sharpe Ratio Rank of QQQI is 3030
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQI is 2828
Sortino Ratio Rank
The Omega Ratio Rank of QQQI is 3030
Omega Ratio Rank
The Calmar Ratio Rank of QQQI is 3636
Calmar Ratio Rank
The Martin Ratio Rank of QQQI is 3434
Martin Ratio Rank

SPYI
The Risk-Adjusted Performance Rank of SPYI is 4141
Overall Rank
The Sharpe Ratio Rank of SPYI is 3737
Sharpe Ratio Rank
The Sortino Ratio Rank of SPYI is 3333
Sortino Ratio Rank
The Omega Ratio Rank of SPYI is 3838
Omega Ratio Rank
The Calmar Ratio Rank of SPYI is 4646
Calmar Ratio Rank
The Martin Ratio Rank of SPYI is 4848
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. SPYI - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Nasdaq 100 High Income ETF (QQQI) and NEOS S&P 500 High Income ETF (SPYI). 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
The chart of Sharpe ratio for QQQI, currently valued at 0.26, compared to the broader market0.002.004.00
QQQI: 0.26
SPYI: 0.38
The chart of Sortino ratio for QQQI, currently valued at 0.44, compared to the broader market-2.000.002.004.006.008.0010.0012.00
QQQI: 0.44
SPYI: 0.56
The chart of Omega ratio for QQQI, currently valued at 1.06, compared to the broader market0.501.001.502.002.503.00
QQQI: 1.06
SPYI: 1.08
The chart of Calmar ratio for QQQI, currently valued at 0.31, compared to the broader market0.005.0010.0015.00
QQQI: 0.31
SPYI: 0.47
The chart of Martin ratio for QQQI, currently valued at 1.12, compared to the broader market0.0020.0040.0060.0080.00100.00
QQQI: 1.12
SPYI: 1.95

The current QQQI Sharpe Ratio is 0.26, which is lower than the SPYI Sharpe Ratio of 0.38. The chart below compares the historical Sharpe Ratios of QQQI and SPYI, 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 Ratio0.501.001.502.00Feb 09Feb 16Feb 23Mar 02Mar 09Mar 16Mar 23Mar 30
0.26
0.38
QQQI
SPYI

Dividends

QQQI vs. SPYI - Dividend Comparison

QQQI's dividend yield for the trailing twelve months is around 16.04%, more than SPYI's 13.31% yield.


TTM202420232022
QQQI
NEOS Nasdaq 100 High Income ETF
16.04%12.85%0.00%0.00%
SPYI
NEOS S&P 500 High Income ETF
13.31%12.04%12.01%4.10%

Drawdowns

QQQI vs. SPYI - Drawdown Comparison

The maximum QQQI drawdown since its inception was -13.66%, which is greater than SPYI's maximum drawdown of -10.19%. Use the drawdown chart below to compare losses from any high point for QQQI and SPYI. For additional features, visit the drawdowns tool.


-14.00%-12.00%-10.00%-8.00%-6.00%-4.00%-2.00%0.00%NovemberDecember2025FebruaryMarchApril
-13.66%
-9.82%
QQQI
SPYI

Volatility

QQQI vs. SPYI - Volatility Comparison

NEOS Nasdaq 100 High Income ETF (QQQI) has a higher volatility of 8.26% compared to NEOS S&P 500 High Income ETF (SPYI) at 6.51%. This indicates that QQQI's price experiences larger fluctuations and is considered to be riskier than SPYI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


2.00%4.00%6.00%8.00%NovemberDecember2025FebruaryMarchApril
8.26%
6.51%
QQQI
SPYI
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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