RNP vs. QQQI
RNP (Cohen & Steers REIT and Preferred Income Fund, Inc.) is a stock, while QQQI (NEOS Nasdaq-100 High Income ETF) is Nasdaq-100 fund actively managed by Neos. Over the past year, RNP returned -0.96% vs 24.88% for QQQI. At a 0.25 correlation, their price movements are largely independent.
Performance
RNP vs. QQQI - Performance Comparison
Loading charts...
Returns By Period
In the year-to-date period, RNP achieves a 6.94% return, which is significantly lower than QQQI's 9.86% return.
RNP
- 1D
- 1.74%
- 1M
- -1.08%
- YTD
- 6.94%
- 6M
- 8.52%
- 1Y
- -0.96%
- 3Y*
- 12.80%
- 5Y*
- 3.08%
- 10Y*
- 8.56%
QQQI
- 1D
- -2.87%
- 1M
- -0.93%
- YTD
- 9.86%
- 6M
- 8.75%
- 1Y
- 24.88%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
RNP vs. QQQI - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | |
|---|---|---|---|
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 6.94% | 2.57% | 9.13% |
QQQI NEOS Nasdaq-100 High Income ETF | 9.86% | 18.62% | 19.44% |
Correlation
The correlation between RNP and QQQI is 0.16, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.16 |
Correlation (All Time) Calculated using the full available price history since Jan 30, 2024 | 0.25 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
RNP vs. QQQI — Risk / Return Rank
RNP
QQQI
RNP vs. QQQI - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) 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.
Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.
| RNP | QQQI | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -1.76 | ||
| Sortino ratioReturn per unit of downside risk | -2.26 | ||
| Omega ratioGain probability vs. loss probability | 1.00 | 1.32 | -0.32 |
| Calmar ratioReturn relative to maximum drawdown | -0.08 | 2.60 | -2.68 |
| Martin ratioReturn relative to average drawdown | -0.18 | 11.10 | -11.28 |
Loading charts...
Drawdowns
RNP vs. QQQI - Drawdown Comparison
The maximum RNP drawdown since its inception was -86.93%, which is greater than QQQI's maximum drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for RNP and QQQI.
Loading charts...
Drawdown Indicators
| RNP | QQQI | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -86.93% | -20.00% | -66.93% |
Max Drawdown (1Y)Largest decline over 1 year | -12.24% | -9.61% | -2.63% |
Max Drawdown (3Y)Largest decline over 3 years | -19.71% | — | — |
Max Drawdown (5Y)Largest decline over 5 years | -36.19% | — | — |
Max Drawdown (10Y)Largest decline over 10 years | -56.68% | — | — |
Current DrawdownCurrent decline from peak | -4.02% | -3.32% | -0.70% |
Average DrawdownAverage peak-to-trough decline | -13.11% | -2.20% | -10.91% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 5.51% | 2.25% | +3.26% |
Volatility
RNP vs. QQQI - Volatility Comparison
The current volatility for Cohen & Steers REIT and Preferred Income Fund, Inc. (RNP) is 5.22%, while NEOS Nasdaq-100 High Income ETF (QQQI) has a volatility of 7.63%. This indicates that RNP experiences smaller price fluctuations and is considered to be less risky than QQQI based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading charts...
Volatility by Period
| RNP | QQQI | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 5.22% | 7.63% | -2.41% |
Volatility (6M)Calculated over the trailing 6-month period | 10.37% | 11.99% | -1.62% |
Volatility (1Y)Calculated over the trailing 1-year period | 13.36% | 14.79% | -1.43% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 20.85% | 17.53% | +3.32% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 24.27% | 17.53% | +6.74% |
Dividends
RNP vs. QQQI - Dividend Comparison
RNP's dividend yield for the trailing twelve months is around 7.99%, less than QQQI's 14.97% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
QQQI NEOS Nasdaq-100 High Income ETF | 14.97% | 13.82% | 12.85% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
RNP Cohen & Steers REIT and Preferred Income Fund, Inc. | 7.99% | 8.22% | 7.81% | 8.10% | 13.26% | 5.20% | 6.52% | 6.25% | 8.36% | 7.00% | 7.75% | 8.03% |
Frequently Asked Questions
RNP and QQQI have a correlation of 0.16, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
QQQI has higher volatility (7.63%) compared to RNP (5.22%). In terms of maximum drawdown, RNP dropped -86.93% vs QQQI's -20.00%.
QQQI currently has the higher Sharpe Ratio (1.69 vs -0.07), 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.
Find the right allocation for RNP and QQQI
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer