TDAX vs. XQQI

Last updated Jul 17, 2026

TDAX (TDAQ Lift ETF) and XQQI (NEOS Boosted Nasdaq-100 High Income ETF) are both exchange-traded funds - TDAX is a Leveraged Equities fund actively managed by TappAlpha, while XQQI is a Nasdaq-100 fund actively managed by NEOS. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. Both charge a 0.98% expense ratio.

Performance

TDAX vs. XQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TDAQ Lift ETF (TDAX) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

TDAX

• 1D: -1.67%
• 1M: -3.90%
• 6M: 13.29%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XQQI

• 1D: -2.27%
• 1M: -4.60%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

TDAX vs. XQQI - Yearly Performance Comparison

	2026 (YTD)
TDAX TDAQ Lift ETF	13.21%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.53%

Correlation

The correlation between TDAX and XQQI is 0.96 - 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 Feb 3, 2026	0.96

Return for Risk

TDAX vs. XQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TDAQ Lift ETF (TDAX) and NEOS Boosted Nasdaq-100 High Income ETF (XQQI). 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.

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

Drawdowns

TDAX vs. XQQI - Drawdown Comparison

The maximum TDAX drawdown since its inception was -14.69%, which is greater than XQQI's maximum drawdown of -13.55%. Use the drawdown chart below to compare losses from any high point for TDAX and XQQI.

Drawdown Indicators

	TDAX	XQQI	Difference
Max Drawdown Largest peak-to-trough decline	-14.69%	-13.55%	-1.14%
Current Drawdown Current decline from peak	-7.47%	-6.94%	-0.53%
Average Drawdown Average peak-to-trough decline	-3.99%	-3.18%	-0.81%

Volatility

Volatility by Period

	TDAX	XQQI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.54%	27.11%	+0.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.54%	27.11%	+0.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.54%	27.11%	+0.43%

TDAX vs. XQQI - Expense Ratio Comparison

Both TDAX and XQQI have an expense ratio of 0.98%.

Dividends

TDAX vs. XQQI - Dividend Comparison

TDAX's dividend yield for the trailing twelve months is around 10.98%, more than XQQI's 10.35% yield.

Position	TTM
TDAX TDAQ Lift ETF	10.98%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.35%

Frequently Asked Questions

Can I hold both TDAX and XQQI in my portfolio?

With a correlation of 0.96, TDAX and XQQI 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, TDAX or XQQI?

Both ETFs have the same 0.98% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TDAX or XQQI?

TDAX and XQQI have the same expense ratio: 0.98% per year.

Which ETF pays a higher dividend yield, TDAX or XQQI?

TDAX has the higher dividend yield at 10.98%, compared with 10.35% for XQQI.

What is the main difference between TDAX and XQQI?

TDAX is categorized as Leveraged Equities, while XQQI is Nasdaq-100. They also come from different issuers: TappAlpha and NEOS.