NEOS Nasdaq-100 High Income ETF
$51.05−0.61 (−1.18%)
- 0.68%
- $14.8B
- +7.1%
- 14.77%
- 4.85M sh
- low $47.87high $57.84
The ETF.net QQQI Grade
A
Score 74 out of 100
- 6 of 31
Score 74 of 100 falls in the A band. A is 70 or higher, B 55 to under 70, C 40 to under 55, D 25 to under 40, F under 25.
Cost
The fund’s net expense ratio, ranked against its category.C53 out of 100Rank 14 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.A96 out of 100Rank 10 of 20Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.C51 out of 100Rank 15 of 31Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A98 out of 100Rank 1 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.A84 out of 100Rank 3 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.A76 out of 100Rank 5 of 31
Our read on QQQI
In short
AA Nasdaq-100 income fund built around the tax code: it holds the index's stocks and sells NDX index options that qualify as Section 1256 contracts, taxed 60/40 long/short term, then pays monthly. Launched 2024, now a multi-billion-dollar fund.
Stated mandate
The Fund seeks high monthly income in a tax-efficient manner while allowing for equity appreciation. It invests in Nasdaq-100 constituents and uses NDX call options, including written calls and possible call spreads, to generate option-premium income.
Why people hold it
Worth knowing
QQQI Performance
Shows how $10,000 changes over the selected period, with cash distributions reinvested at the closing price on each ex-dividend date.
Not enough history yet.Not enough history yet.Not enough history yet.
QQQI$10,711
Returns run to the Oct 30, 2026 close, with cash distributions reinvested. Each period starts on the same date that many months or years earlier. Periods over one year show the average yearly return.
| Period | QQQI |
|---|---|
| Year to date | +7.9% |
| 1 month | −5.9% |
| 3 months | +0.9% |
| 1 year | +7.1% |
| 3 years | |
| 5 years | |
| 10 years |
Calendar-year total return with cash distributions hypothetically reinvested at the ex-dividend date’s closing price. The current year shows year to date.
| Year | Return bar | QQQI |
|---|---|---|
| 2026 YTD | +7.9% | |
| 2025 | +18.6% | |
| 2024 | +19.9% |
QQQI in the news
QQQI Dividends
- 14.77%
- $7.63
- $0.63 per share
- Monthly
QQQI Risk
- 13.2%
How it’s calculated: standard deviation
The sample standard deviation of monthly total returns, multiplied by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Total returns include reinvested distributions.
- 0.96
How it’s calculated: Sharpe ratio
Subtract each month’s Treasury-bill return from the fund’s monthly total return.
Divide the average of those excess returns by their sample standard deviation, then multiply by the square root of 12.
Uses up to 36 complete months, with at least 12 required. Each month uses the Treasury yield quoted at the end of the previous month.
- −20.0%
How it’s calculated: maximum drawdown
The largest percentage decline from an earlier peak, using total returns with reinvested distributions.
Uses up to five years through the last close, with at least 12 months required.
- 0.93
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
FMP measures it over up to five years of monthly returns.
QQQI Cost
Overpaying vs EDGQ, cheapest in Nasdaq-100 Option Income
$13,252
On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.
QQQI 0.68%
$13,252
EDGQ 0.00% Cheapest
$0
Cost over time
Year by year
| Year | QQQI | EDGQ | Overpaying |
|---|---|---|---|
| 10 | $1,215 | $0 | $1,215 |
| 20 | $4,633 | $0 | $4,633 |
| 30 | $13,252 | $0 | $13,252 |
Other funds in Nasdaq-100 Option Income
- AQYLDGlobal X Nasdaq 100 Covered Call ETFExpense ratio 0.60%1 year return +15.7%
- AQYLGGlobal X Nasdaq 100 Covered Call & Growth ETFExpense ratio 0.35%1 year return +13.0%
- ABALQiShares Nasdaq Premium Income Active ETFExpense ratio 0.35%1 year return
- AFTQIFirst Trust Nasdaq BuyWrite Income ETFExpense ratio 0.75%1 year return +16.0%
- BROCQJPMorgan Nasdaq Equity Premium Yield ETFExpense ratio 0.35%1 year return
