ROCQ vs. QQQI

Last updated Jun 24, 2026

ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both Nasdaq-100 funds. Both are actively managed. With a 0.97 correlation, they move nearly in lockstep. ROCQ charges 0.35%/yr vs 0.68%/yr for QQQI.

Performance

ROCQ vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ROCQ

• 1D: -2.77%
• 1M: -0.19%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -2.87%
• 1M: -0.93%
• YTD: 9.86%
• 6M: 8.75%
• 1Y: 24.88%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ROCQ vs. QQQI - Yearly Performance Comparison

	2026 (YTD)
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	15.38%
QQQI NEOS Nasdaq-100 High Income ETF	11.91%

Correlation

The correlation between ROCQ 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 (All Time) Calculated using the full available price history since Mar 19, 2026	0.97

Return for Risk

ROCQ vs. QQQI — Risk / Return Rank

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

ROCQ

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

QQQI

QQQI Risk / Return Rank: 53
QQQI Sharpe Ratio Rank: 51
QQQI Sortino Ratio Rank: 47
QQQI Omega Ratio Rank: 52
QQQI Calmar Ratio Rank: 54
QQQI Martin Ratio Rank: 64

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.

ROCQ vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) 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.

	ROCQ	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.69	—
Sortino ratio: Return per unit of downside risk	—	2.25	—
Omega ratio: Gain probability vs. loss probability	—	1.32	—
Calmar ratio: Return relative to maximum drawdown	—	2.60	—
Martin ratio: Return relative to average drawdown	—	11.10	—

Drawdowns

ROCQ vs. QQQI - Drawdown Comparison

The maximum ROCQ drawdown since its inception was -5.68%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for ROCQ and QQQI.

Drawdown Indicators

	ROCQ	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-5.68%	-20.00%	+14.32%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-2.77%	-3.32%	+0.55%
Average Drawdown Average peak-to-trough decline	-0.97%	-2.20%	+1.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.25%	—

Volatility

Volatility by Period

	ROCQ	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.63%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.99%	—
Volatility (1Y) Calculated over the trailing 1-year period	19.58%	14.79%	+4.79%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.58%	17.53%	+2.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	19.58%	17.53%	+2.05%

ROCQ vs. QQQI - Expense Ratio Comparison

ROCQ has a 0.35% expense ratio, which is lower than QQQI's 0.68% expense ratio.

Dividends

ROCQ vs. QQQI - Dividend Comparison

ROCQ's dividend yield for the trailing twelve months is around 2.07%, less than QQQI's 14.97% yield.

Position	TTM	2025	2024
QQQI NEOS Nasdaq-100 High Income ETF	14.97%	13.82%	12.85%
ROCQ JPMorgan Nasdaq Equity Premium Yield ETF	2.07%	0.00%	0.00%

Frequently Asked Questions

Can I hold both ROCQ and QQQI in my portfolio?

With a correlation of 0.97, ROCQ 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 ETF is better, ROCQ or QQQI?

On fees, ROCQ is cheaper at 0.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ROCQ or QQQI?

ROCQ is cheaper with a 0.35% expense ratio, compared with 0.68% for QQQI.

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

QQQI has the higher dividend yield at 14.97%, compared with 2.07% for ROCQ.

What is the main difference between ROCQ and QQQI?

They also come from different issuers: JPMorgan and Neos. Their fees differ too: 0.35% for ROCQ and 0.68% for QQQI.