XQQI vs. TDAX

Last updated Jul 14, 2026

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

Performance

XQQI vs. TDAX - Performance Comparison

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

Returns By Period

XQQI

• 1D: -2.41%
• 1M: -1.56%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

TDAX

• 1D: -2.79%
• 1M: -2.93%
• 6M: 13.27%
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XQQI vs. TDAX - Yearly Performance Comparison

	2026 (YTD)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.04%
TDAX TDAQ Lift ETF	14.16%

Correlation

The correlation between XQQI and TDAX 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. TDAX - Risk-Adjusted Trends Comparison

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

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

Drawdown Indicators

	XQQI	TDAX	Difference
Max Drawdown Largest peak-to-trough decline	-13.55%	-14.69%	+1.14%
Current Drawdown Current decline from peak	-5.65%	-6.70%	+1.05%
Average Drawdown Average peak-to-trough decline	-3.12%	-3.94%	+0.82%

Volatility

Volatility by Period

	XQQI	TDAX	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.13%	27.61%	-0.48%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.13%	27.61%	-0.48%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.13%	27.61%	-0.48%

XQQI vs. TDAX - Expense Ratio Comparison

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

Dividends

XQQI vs. TDAX - Dividend Comparison

XQQI's dividend yield for the trailing twelve months is around 10.21%, less than TDAX's 10.48% yield.

Position	TTM
TDAX TDAQ Lift ETF	10.48%
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.21%

Frequently Asked Questions

Can I hold both XQQI and TDAX in my portfolio?

With a correlation of 0.96, XQQI and TDAX 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 TDAX?

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, XQQI or TDAX?

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

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

TDAX has the higher dividend yield at 10.48%, compared with 10.21% for XQQI.

What is the main difference between XQQI and TDAX?

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