XQQI vs. QEW

Last updated Jun 24, 2026

XQQI (NEOS Boosted Nasdaq-100 High Income ETF) and QEW (Invesco QQQ Equal Weight ETF) are both Nasdaq-100 funds. XQQI is actively managed, while QEW is passively managed. Their correlation of 0.90 suggests significant overlap in exposure. XQQI charges 0.98%/yr vs 0.25%/yr for QEW.

Performance

XQQI vs. QEW - Performance Comparison

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

Returns By Period

XQQI

• 1D: -3.90%
• 1M: -1.77%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

QEW

• 1D: -2.01%
• 1M: 1.99%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XQQI vs. QEW - Yearly Performance Comparison

	2026 (YTD)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	14.50%
QEW Invesco QQQ Equal Weight ETF	17.75%

Correlation

The correlation between XQQI and QEW is 0.90, 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 Mar 18, 2026	0.90

Return for Risk

XQQI vs. QEW - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and Invesco QQQ Equal Weight ETF (QEW). 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

XQQI vs. QEW - Drawdown Comparison

The maximum XQQI drawdown since its inception was -13.55%, which is greater than QEW's maximum drawdown of -5.87%. Use the drawdown chart below to compare losses from any high point for XQQI and QEW.

Drawdown Indicators

	XQQI	QEW	Difference
Max Drawdown Largest peak-to-trough decline	-13.55%	-5.87%	-7.68%
Current Drawdown Current decline from peak	-5.00%	-3.04%	-1.96%
Average Drawdown Average peak-to-trough decline	-2.95%	-1.11%	-1.84%

Volatility

Volatility by Period

	XQQI	QEW	Difference
Volatility (1Y) Calculated over the trailing 1-year period	26.52%	20.39%	+6.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	26.52%	20.39%	+6.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	26.52%	20.39%	+6.13%

XQQI vs. QEW - Expense Ratio Comparison

XQQI has a 0.98% expense ratio, which is higher than QEW's 0.25% expense ratio.

Dividends

XQQI vs. QEW - Dividend Comparison

XQQI's dividend yield for the trailing twelve months is around 8.24%, more than QEW's 0.11% yield.

Position	TTM
QEW Invesco QQQ Equal Weight ETF	0.11%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.24%

Frequently Asked Questions

Can I hold both XQQI and QEW in my portfolio?

With a correlation of 0.90, XQQI and QEW 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 QEW?

On fees, QEW is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, XQQI or QEW?

QEW is cheaper with a 0.25% expense ratio, compared with 0.98% for XQQI.

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

XQQI has the higher dividend yield at 8.24%, compared with 0.11% for QEW.

What is the main difference between XQQI and QEW?

They also come from different issuers: NEOS and Invesco. Their fees differ too: 0.98% for XQQI and 0.25% for QEW.