XQQI vs. XSPI

Last updated Apr 2, 2026

Compare and contrast key facts about NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and NEOS Boosted S&P 500 High Income ETF (XSPI).

XQQI and XSPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. XQQI is an actively managed fund by NEOS. It was launched on Feb 2, 2026. XSPI is a passively managed fund by NEOS Investments that tracks the performance of the S&P 500. It was launched on Feb 2, 2026.

Performance

XQQI vs. XSPI - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and NEOS Boosted S&P 500 High Income ETF (XSPI). The values are adjusted to include any dividend payments, if applicable.

XQQI vs. XSPI - Yearly Performance Comparison

	2026 (YTD)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	-5.83%
XSPI NEOS Boosted S&P 500 High Income ETF	-6.01%

Returns By Period

XQQI

• 1D: 1.50%
• 1M: -4.91%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

XSPI

• 1D: 0.96%
• 1M: -5.82%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

XQQI vs. XSPI - Expense Ratio Comparison

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

XQQI

NEOS Boosted Nasdaq-100 High Income ETF

XSPI

NEOS Boosted S&P 500 High Income ETF

Return for Risk

XQQI vs. XSPI - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for NEOS Boosted Nasdaq-100 High Income ETF (XQQI) and NEOS Boosted S&P 500 High Income ETF (XSPI). 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

	XQQI	XSPI	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.14	-1.48	+0.34

Correlation

The correlation between XQQI and XSPI is 0.97, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Dividends

XQQI vs. XSPI - Dividend Comparison

XQQI's dividend yield for the trailing twelve months is around 3.71%, more than XSPI's 3.05% yield.

	TTM
XQQI NEOS Boosted Nasdaq-100 High Income ETF	3.71%
XSPI NEOS Boosted S&P 500 High Income ETF	3.05%

Drawdowns

XQQI vs. XSPI - Drawdown Comparison

The maximum XQQI drawdown since its inception was -12.53%, which is greater than XSPI's maximum drawdown of -11.59%. Use the drawdown chart below to compare losses from any high point for XQQI and XSPI.

Drawdown Indicators

	XQQI	XSPI	Difference
Max Drawdown Largest peak-to-trough decline	-12.53%	-11.59%	-0.94%
Current Drawdown Current decline from peak	-6.50%	-6.88%	+0.38%
Average Drawdown Average peak-to-trough decline	-3.39%	-3.57%	+0.18%

Volatility

Volatility by Period

	XQQI	XSPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	28.08%	22.09%	+5.99%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	28.08%	22.09%	+5.99%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	28.08%	22.09%	+5.99%