QTR vs. QQQI

Last updated Jun 4, 2026

QTR (Global X NASDAQ 100 Tail Risk ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. QTR is passively managed, while QQQI is actively managed. Over the past year, QTR returned 33.76% vs 30.41% for QQQI. With a 0.95 correlation, they move nearly in lockstep. QTR charges 0.60%/yr vs 0.68%/yr for QQQI.

Performance

QTR vs. QQQI - Performance Comparison

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

Returns By Period

In the year-to-date period, QTR achieves a 17.64% return, which is significantly higher than QQQI's 13.43% return.

QTR

• 1D: -0.24%
• 1M: 10.52%
• YTD: 17.64%
• 6M: 15.72%
• 1Y: 33.76%
• 3Y*: 22.93%
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -0.17%
• 1M: 6.91%
• YTD: 13.43%
• 6M: 12.92%
• 1Y: 30.41%
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

QTR vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025	2024
QTR Global X NASDAQ 100 Tail Risk ETF	17.64%	14.52%	17.23%
QQQI NEOS Nasdaq-100 High Income ETF	13.43%	18.62%	19.83%

Correlation

The correlation between QTR and QQQI is 0.97 - these two move nearly in lockstep. At this level, holding both provides almost no diversification benefit. If you already own one, adding the other does little to reduce portfolio risk.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.97
Correlation (All Time) Calculated using the full available price history since Jan 31, 2024	0.95

The correlation between QTR and QQQI has been stable across timeframes, ranging from 0.95 to 0.97 - a consistent structural relationship.

QTR vs. QQQI - Sectors Allocation Comparison

Sectors	QTR	QQQI
Technology	53.8%	53.3%
Communication Services	15.8%	15.7%
Consumer Cyclical	12.2%	12.1%
Consumer Defensive	7.7%	7.7%
Healthcare	4.2%	4.3%
Industrials	2.8%	3.3%
Utilities	1.4%	1.5%
Basic Materials	1.1%	1.2%
Energy	0.6%	0.7%
Financial Services	0.2%	0.3%
Real Estate	0.1%	0.1%

Return for Risk

QTR vs. QQQI — Risk / Return Rank

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

QTR

QTR Risk / Return Rank: 64
QTR Sharpe Ratio Rank: 72
QTR Sortino Ratio Rank: 70
QTR Omega Ratio Rank: 68
QTR Calmar Ratio Rank: 55
QTR Martin Ratio Rank: 55

QQQI

QQQI Risk / Return Rank: 68
QQQI Sharpe Ratio Rank: 70
QQQI Sortino Ratio Rank: 66
QQQI Omega Ratio Rank: 70
QQQI Calmar Ratio Rank: 63
QQQI Martin Ratio Rank: 74

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.

QTR vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Global X NASDAQ 100 Tail Risk ETF (QTR) and NEOS Nasdaq-100 High Income ETF (QQQI). 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.

	QTR	QQQI	Difference
Sharpe ratio Return per unit of total volatility	2.40	2.35	+0.05
Sortino ratio Return per unit of downside risk	3.22	3.12	+0.11
Omega ratio Gain probability vs. loss probability	1.41	1.43	-0.02
Calmar ratio Return relative to maximum drawdown	2.76	3.18	-0.42
Martin ratio Return relative to average drawdown	9.47	14.27	-4.80
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

QTR vs. QQQI - Sharpe Ratio Comparison

The current QTR Sharpe Ratio is 2.40, which is comparable to the QQQI Sharpe Ratio of 2.35. The chart below compares the historical Sharpe Ratios of QTR and QQQI, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	QTR	QQQI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.40	2.35	+0.05
Sharpe Ratio (All Time) Calculated using the full available price history	0.68	1.34	-0.65

Drawdowns

QTR vs. QQQI - Drawdown Comparison

The maximum QTR drawdown since its inception was -31.72%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for QTR and QQQI.

Drawdown Indicators

	QTR	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-31.72%	-20.00%	-11.72%
Max Drawdown (1Y) Largest decline over 1 year	-12.29%	-9.61%	-2.68%
Max Drawdown (3Y) Largest decline over 3 years	-18.99%	—	—
Current Drawdown Current decline from peak	-0.24%	-0.17%	-0.07%
Average Drawdown Average peak-to-trough decline	-8.84%	-2.20%	-6.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	3.57%	2.14%	+1.43%

Volatility

QTR vs. QQQI - Volatility Comparison

Global X NASDAQ 100 Tail Risk ETF (QTR) has a higher volatility of 4.52% compared to NEOS Nasdaq-100 High Income ETF (QQQI) at 2.68%. This indicates that QTR's price experiences larger fluctuations and is considered to be riskier than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	QTR	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.52%	2.68%	+1.84%
Volatility (6M) Calculated over the trailing 6-month period	10.68%	9.85%	+0.83%
Volatility (1Y) Calculated over the trailing 1-year period	14.14%	12.98%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	18.10%	17.07%	+1.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	18.10%	17.07%	+1.03%

QTR vs. QQQI - Expense Ratio Comparison

QTR has a 0.60% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

QTR vs. QQQI - Dividend Comparison

QTR's dividend yield for the trailing twelve months is around 15.96%, more than QQQI's 13.19% yield.

Position	TTM	2025	2024	2023	2022	2021
QQQI NEOS Nasdaq-100 High Income ETF	13.19%	13.82%	12.85%	0.00%	0.00%	0.00%
QTR Global X NASDAQ 100 Tail Risk ETF	15.96%	18.77%	0.50%	0.53%	0.36%	1.90%

Frequently Asked Questions

Can I hold both QTR and QQQI in my portfolio?

With a correlation of 0.97, QTR and QQQI move almost identically. Holding both adds very little diversification - you're essentially doubling your position in the same market segment. Choosing one is usually more capital-efficient.

Which is riskier, QTR or QQQI?

QTR has higher volatility (4.52%) compared to QQQI (2.68%). In terms of maximum drawdown, QTR dropped -31.72% vs QQQI's -20.00%.

Which ETF is better, QTR or QQQI?

On 1-year performance, QTR leads with 33.76% vs 30.41% for QQQI. On fees, QTR is cheaper at 0.60% per year. On volatility, QQQI has been the lower-risk option at 2.68%. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF has performed better, QTR or QQQI?

Over the 1-year period, QTR has performed better with a 33.76% return vs 30.41%. Past performance does not guarantee future results, so compare this with risk, fees, and fund exposure.

Which ETF is cheaper, QTR or QQQI?

QTR is cheaper with a 0.60% expense ratio, compared with 0.68% for QQQI.

Which ETF pays a higher dividend yield, QTR or QQQI?

QTR has the higher dividend yield at 15.96%, compared with 13.19% for QQQI.

What is the main difference between QTR and QQQI?

They also come from different issuers: Global X and Neos. Their fees differ too: 0.60% for QTR and 0.68% for QQQI.

Which has better risk-adjusted returns?

QTR currently has the higher Sharpe Ratio (2.40 vs 2.35), meaning it's delivered slightly more return per unit of risk over the trailing 12 months. However, this ranking shifts over time - use the Risk/Return Score above for a more comprehensive view that combines Sharpe, Sortino, and other measures used by quantitative funds.