XQQI vs. QDTE

Last updated Jun 12, 2026

XQQI (NEOS Boosted Nasdaq-100 High Income ETF) and QDTE (Roundhill Innovation-100 0DTE Covered Call Strategy ETF) are both exchange-traded funds - XQQI is a Nasdaq-100 fund actively managed by NEOS, while QDTE is a Derivative Income fund actively managed by Roundhill. Both are actively managed. With a 0.96 correlation, they move nearly in lockstep. XQQI charges 0.98%/yr vs 0.97%/yr for QDTE.

Performance

XQQI vs. QDTE - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

XQQI

• 1D: 3.75%
• 1M: -0.34%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QDTE

• 1D: 2.42%
• 1M: 0.77%
• YTD: 12.09%
• 6M: 10.98%
• 1Y: 33.11%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XQQI vs. QDTE - Yearly Performance Comparison

	2026 (YTD)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.56%
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	9.64%

Correlation

The correlation between XQQI and QDTE 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

XQQI vs. QDTE — Risk / Return Rank

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

XQQI

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

QDTE

QDTE Risk / Return Rank: 76
QDTE Sharpe Ratio Rank: 78
QDTE Sortino Ratio Rank: 71
QDTE Omega Ratio Rank: 76
QDTE Calmar Ratio Rank: 76
QDTE Martin Ratio Rank: 80

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.

XQQI vs. QDTE - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and Roundhill Innovation-100 0DTE Covered Call Strategy ETF (QDTE). 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.

	XQQI	QDTE	Difference
Sharpe ratio: Return per unit of total volatility	—	2.08	—
Sortino ratio: Return per unit of downside risk	—	2.64	—
Omega ratio: Gain probability vs. loss probability	—	1.37	—
Calmar ratio: Return relative to maximum drawdown	—	3.26	—
Martin ratio: Return relative to average drawdown	—	12.72	—

Drawdowns

XQQI vs. QDTE - Drawdown Comparison

The maximum XQQI drawdown since its inception was -13.55%, smaller than the maximum QDTE drawdown of -22.86%. Use the drawdown chart below to compare losses from any high point for XQQI and QDTE.

Drawdown Indicators

	XQQI	QDTE	Difference
Max Drawdown Largest peak-to-trough decline	-13.55%	-22.86%	+9.31%
Max Drawdown (1Y) Largest decline over 1 year	—	-10.20%	—
Current Drawdown Current decline from peak	-5.21%	-4.00%	-1.21%
Average Drawdown Average peak-to-trough decline	-2.97%	-3.15%	+0.18%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.61%	—

Volatility

Volatility by Period

	XQQI	QDTE	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.09%	—
Volatility (6M) Calculated over the trailing 6-month period	—	12.65%	—
Volatility (1Y) Calculated over the trailing 1-year period	25.34%	15.98%	+9.36%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	25.34%	18.78%	+6.56%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	25.34%	18.78%	+6.56%

XQQI vs. QDTE - Expense Ratio Comparison

XQQI has a 0.98% expense ratio, which is higher than QDTE's 0.97% expense ratio.

Dividends

XQQI vs. QDTE - Dividend Comparison

XQQI's dividend yield for the trailing twelve months is around 8.26%, less than QDTE's 45.00% yield.

Position	TTM	2025	2024
QDTE Roundhill Innovation-100 0DTE Covered Call Strategy ETF	45.00%	49.49%	32.09%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.26%	0.00%	0.00%

Frequently Asked Questions

Can I hold both XQQI and QDTE in my portfolio?

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

On fees, QDTE is cheaper at 0.97% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XQQI or QDTE?

QDTE is cheaper with a 0.97% expense ratio, compared with 0.98% for XQQI.

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

QDTE has the higher dividend yield at 45.00%, compared with 8.26% for XQQI.

What is the main difference between XQQI and QDTE?

XQQI is categorized as Nasdaq-100, while QDTE is Derivative Income. They also come from different issuers: NEOS and Roundhill. Their fees differ too: 0.98% for XQQI and 0.97% for QDTE.