TDAX vs. XQQI

Last updated Jun 5, 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. Their correlation of 0.93 suggests significant overlap in exposure. 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: -0.64%
• 1M: 11.17%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XQQI

• 1D: -0.37%
• 1M: 7.87%
• YTD: —
• 6M: —
• 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	24.07%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	17.69%

Correlation

The correlation between TDAX and XQQI is 0.93, indicating a strong positive relationship between their price movements. Combining them offers limited diversification - they tend to fall together during downturns.

	Correlation
Correlation (All Time) Calculated using the full available price history since Feb 4, 2026	0.93

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.

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

Sharpe Ratios by Period

	TDAX	XQQI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	2.52	2.86	-0.33

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 -12.53%. 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%	-12.53%	-2.16%
Current Drawdown Current decline from peak	-0.71%	-0.96%	+0.25%
Average Drawdown Average peak-to-trough decline	-3.68%	-2.04%	-1.64%

Volatility

Volatility by Period

	TDAX	XQQI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	23.63%	22.21%	+1.42%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.63%	22.21%	+1.42%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	23.63%	22.21%	+1.42%

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 7.45%, less than XQQI's 7.91% yield.

Position	TTM
TDAX TDAQ Lift ETF	7.45%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	7.91%

Frequently Asked Questions

Can I hold both TDAX and XQQI in my portfolio?

With a correlation of 0.93, 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?

XQQI has the higher dividend yield at 7.91%, compared with 7.45% for TDAX.

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.