XLUI vs. QQQI

Last updated Jun 25, 2026

XLUI (State Street Utilities Select Sector SPDR Premium Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both exchange-traded funds - XLUI is a Utilities Equities fund actively managed by State Street, while QQQI is a Nasdaq-100 fund actively managed by Neos. Both are actively managed. At a 0.13 correlation, their price movements are largely independent. XLUI charges 0.35%/yr vs 0.68%/yr for QQQI.

Performance

XLUI vs. QQQI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) and NEOS Nasdaq-100 High Income ETF (QQQI). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

The year-to-date returns for both investments are quite close, with XLUI having a 9.32% return and QQQI slightly higher at 9.46%.

XLUI

• 1D: 0.44%
• 1M: 1.57%
• YTD: 9.32%
• 6M: 9.48%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QQQI

• 1D: -0.36%
• 1M: -1.29%
• YTD: 9.46%
• 6M: 8.08%
• 1Y: 23.23%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XLUI vs. QQQI - Yearly Performance Comparison

	2026 (YTD)	2025
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	9.32%	0.27%
QQQI NEOS Nasdaq-100 High Income ETF	9.46%	8.24%

Correlation

The correlation between XLUI and QQQI is 0.13, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Jul 30, 2025	0.13

XLUI vs. QQQI - Sectors Allocation Comparison

Sectors	XLUI	QQQI
Financial Services	99.7%	0.2%
Basic Materials	-	1.0%
Communication Services	-	14.2%
Consumer Cyclical	-	11.3%
Consumer Defensive	-	6.5%
Energy	-	0.5%
Healthcare	-	3.9%
Industrials	-	3.0%
Real Estate	-	0.1%
Technology	-	58.1%
Utilities	-	1.3%

Return for Risk

XLUI vs. QQQI — Risk / Return Rank

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

XLUI

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

QQQI

QQQI Risk / Return Rank: 54
QQQI Sharpe Ratio Rank: 51
QQQI Sortino Ratio Rank: 47
QQQI Omega Ratio Rank: 52
QQQI Calmar Ratio Rank: 55
QQQI Martin Ratio Rank: 63

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.

XLUI vs. QQQI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for State Street Utilities Select Sector SPDR Premium Income ETF (XLUI) 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.

	XLUI	QQQI	Difference
Sharpe ratio: Return per unit of total volatility	—	1.58	—
Sortino ratio: Return per unit of downside risk	—	2.12	—
Omega ratio: Gain probability vs. loss probability	—	1.30	—
Calmar ratio: Return relative to maximum drawdown	—	2.43	—
Martin ratio: Return relative to average drawdown	—	10.31	—

Drawdowns

XLUI vs. QQQI - Drawdown Comparison

The maximum XLUI drawdown since its inception was -6.01%, smaller than the maximum QQQI drawdown of -20.00%. Use the drawdown chart below to compare losses from any high point for XLUI and QQQI.

Drawdown Indicators

	XLUI	QQQI	Difference
Max Drawdown Largest peak-to-trough decline	-6.01%	-20.00%	+13.99%
Max Drawdown (1Y) Largest decline over 1 year	—	-9.61%	—
Current Drawdown Current decline from peak	-0.67%	-3.67%	+3.00%
Average Drawdown Average peak-to-trough decline	-1.98%	-2.21%	+0.23%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.26%	—

Volatility

Volatility by Period

	XLUI	QQQI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.62%	—
Volatility (6M) Calculated over the trailing 6-month period	—	11.94%	—
Volatility (1Y) Calculated over the trailing 1-year period	11.15%	14.78%	-3.63%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.15%	17.51%	-6.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.15%	17.51%	-6.36%

XLUI vs. QQQI - Expense Ratio Comparison

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

Dividends

XLUI vs. QQQI - Dividend Comparison

XLUI's dividend yield for the trailing twelve months is around 12.30%, less than QQQI's 15.03% yield.

Position	TTM	2025	2024
QQQI NEOS Nasdaq-100 High Income ETF	15.03%	13.82%	12.85%
XLUI State Street Utilities Select Sector SPDR Premium Income ETF	12.30%	7.12%	0.00%

Frequently Asked Questions

Can I hold both XLUI and QQQI in my portfolio?

XLUI and QQQI have a correlation of 0.13, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, XLUI or QQQI?

On fees, XLUI 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, XLUI or QQQI?

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

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

QQQI has the higher dividend yield at 15.03%, compared with 12.30% for XLUI.

What is the main difference between XLUI and QQQI?

XLUI is categorized as Utilities Equities, while QQQI is Nasdaq-100. They also come from different issuers: State Street and Neos. Their fees differ too: 0.35% for XLUI and 0.68% for QQQI.