NEOS Boosted Nasdaq-100 High Income ETF
$50.25−0.20 (−0.39%)
- 0.98%
- $424M
- 0.3M sh
- $50.80
- low $41.68high $54.70
The ETF.net XQQI Grade
C
Score 42 out of 100
- 19 of 31
Score 42 of 100 falls in the C 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.F22 out of 100Rank 24 of 31Mission
Whether the fund did what it promised, tested against its stated mandate.Risk
How the fund held up when markets fell: downside volatility, drawdowns and tail loss.D27 out of 100Rank 26 of 30Tradability
How easy the fund is to trade: daily volume, and how far its price strays from net asset value.A79 out of 100Rank 4 of 31Holdings
How concentrated the fund is, and how complete and current its disclosed holdings are.B66 out of 100Rank 11 of 23Durability
Whether the fund is likely to stay open, judged by its age, its assets and its issuer’s assets.C54 out of 100Rank 14 of 31
Our read on XQQI
CTake the NEOS Nasdaq-100 covered-call recipe and turn the exposure dial to roughly 150% of notional. Same index-option income machinery as the plain version, with leverage amplifying both the premium collected and the drawdowns.
The Fund seeks to boost performance by generating high monthly income in a tax-efficient manner, with potential for enhanced equity appreciation in rising markets.
Why people hold it
- Mechanically simple boost: bought index calls plus sold index puts lift long exposure to about 150% of notional, and the NDX call overlay then writes premium on that larger base.neosfunds.com
- Distributions are paid monthly, and the NDX index options it writes are Section 1256 contracts taxed at blended 60/40 rates, with opportunistic tax loss harvesting on top.neosfunds.com
- The leverage is built from listed index options rather than a swap counterparty, inside a plain 1940 Act ETF wrapper with the usual prospectus and holdings disclosure.neosfunds.comneosfunds.com
- It leans on an established franchise: NEOS built the boosted suite on the options framework already running in its largest Nasdaq-100, S&P 500 and bitcoin income funds.neosfunds.com
Worth knowing
- At 0.98% a year it costs more than the typical Nasdaq-100 income fund, where the median is 0.68%, also the fee on the unlevered sibling QQQI.
- Leverage cuts both ways: roughly 150% exposure magnifies Nasdaq-100 declines, while the sold calls hand back part of a strong rally.neosfunds.comneosfunds.com
- It launched in 2026, so the record is short, and payouts have been classified as return of capital, which can reduce net asset value over time.neosfunds.com
XQQI Holdings
- Stocks
- 103
- 48%
- NVDA
Geography
- United States94.64%
- United Kingdom1.67%
- Netherlands1.30%
- Canada1.05%
- Singapore0.74%
- Uruguay0.40%
- Ireland0.20%
XQQI 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.Not enough history yet.Not enough history yet.
XQQI$10,401
Returns run to the Oct 12, 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 | XQQI |
|---|---|
| Year to date | — |
| 1 month | +5.6% |
| 3 months | +4.0% |
| 1 year | — |
| 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 | XQQI |
|---|---|---|
| 2026 YTD | +19.4% |
XQQI in the news
XQQI Dividends
- $0.88 per share
- Monthly
Distribution data unavailable.
Distribution history
XQQI Risk
- —
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.
- —
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.
- —
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.
- 1.46
How it’s calculated: beta
The beta figure is supplied by FMP. The comparison index depends on the fund’s broad asset class.
XQQI Cost
0.98%
XQQI0.98%
- The middle half of Nasdaq-100 Option Income funds
- Median 0.71%
22 of the 30 Nasdaq-100 Option Income funds charge less.
Other funds in Nasdaq-100 Option Income
- CEDGQGlobal X Nasdaq-100 Income Edge ETFExpense ratio 0.53%1 year return —
- CQQQYDefiance Nasdaq 100 Weekly Distribution ETFExpense ratio 1.01%1 year return +24.9%
- CCANQCalamos Nasdaq Equity & Income ETFExpense ratio 0.74%1 year return +5.2%
- CQDTERoundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETFExpense ratio 0.96%1 year return +27.2%
- DQQQTNASDAQ 100 Income Target ETFExpense ratio 1.20%1 year return +23.6%