XQQI vs. XSPI

Last updated Jul 23, 2026

XQQI (NEOS Boosted Nasdaq-100 High Income ETF) and XSPI (NEOS Boosted S&P 500 High Income ETF) are both exchange-traded funds - XQQI is a Nasdaq-100 fund actively managed by NEOS, while XSPI is a Derivative Income fund tracking the S&P 500. XQQI is actively managed, while XSPI is passively managed. Their correlation of 0.91 suggests significant overlap in exposure. Both charge a 0.98% expense ratio.

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.

Returns By Period

XQQI

• 1D: -0.59%
• 1M: -5.67%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

XSPI

• 1D: -0.02%
• 1M: 1.12%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	$13.05M	$14.70M	$14.38M
XSPI NEOS Boosted S&P 500 High Income ETF	$2.13M	$2.83M	$3.03M

XQQI vs. XSPI - Yearly Performance Comparison

	2026 (YTD)
XQQI NEOS Boosted Nasdaq-100 High Income ETF	8.75%
XSPI NEOS Boosted S&P 500 High Income ETF	6.95%

Correlation

The correlation between XQQI and XSPI is 0.91, 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 Feb 3, 2026	0.91

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.

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. XSPI - Drawdown Comparison

The maximum XQQI drawdown since its inception was -13.55%, which is greater than XSPI's maximum drawdown of -11.78%. 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	-13.55%	-11.78%	-1.77%
Current Drawdown Current decline from peak	-6.76%	-0.92%	-5.84%
Average Drawdown Average peak-to-trough decline	-3.33%	-2.27%	-1.06%

Volatility

Volatility by Period

	XQQI	XSPI	Difference
Volatility (1Y) Calculated over the trailing 1-year period	27.19%	17.73%	+9.46%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	27.19%	17.73%	+9.46%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	27.19%	17.73%	+9.46%

XQQI vs. XSPI - Expense Ratio Comparison

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

Dividends

XQQI vs. XSPI - Dividend Comparison

XQQI's dividend yield for the trailing twelve months is around 10.33%, more than XSPI's 8.35% yield.

Position	TTM
XQQI NEOS Boosted Nasdaq-100 High Income ETF	10.33%
XSPI NEOS Boosted S&P 500 High Income ETF	8.35%

Frequently Asked Questions

Can I hold both XQQI and XSPI in my portfolio?

With a correlation of 0.91, XQQI and XSPI 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 XSPI?

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 XSPI?

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

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

XQQI has the higher dividend yield at 10.33%, compared with 8.35% for XSPI.

What is the main difference between XQQI and XSPI?

XQQI is categorized as Nasdaq-100, while XSPI is Derivative Income. They also come from different issuers: NEOS and NEOS Investments.