QYLD vs XQQI: Grades, Fees and Holdings Compared

Global X Nasdaq 100 Covered Call ETF

QYLDANasdaq

NEOS Boosted Nasdaq-100 High Income ETF

XQQICNasdaq

Overlap

97.3%by weight

Expense ratio

QYLD −0.38pt a year

QYLD0.60%XQQI0.98%

Avg volume · 30D

QYLD 13.9×the volume

QYLD4.31MXQQI309K

QYLD vs XQQI Performance

Jul 31, 2026 – Oct 30, 2026

+3.9%QYLD+0.5%XQQI

Expense ratio: QYLD 0.60%, better; XQQI 0.98%
Fund size: QYLD $8.2B; XQQI $396M
1Y total return: QYLD +15.7%; XQQI No data
Yield (12M): QYLD 11.96%; XQQI No data
Holdings: QYLD 103; XQQI 103
Avg volume (30D): QYLD 4.31M sh, better; XQQI 309K sh
NAV per share: QYLD $17.88; XQQI $45.29
52W range

ETF.net Grade

Pillar letters and Scores for QYLD, XQQI, with each pillar’s weight
Pillar	QYLD	XQQI
Cost30% weight	B65Higher	F22
Mission25% weight	A100Higher	A81
Risk15% weight	A72Higher	D27
Tradability15% weight	A89Higher	A82
Holdings10% weight	B68	A78Higher
Durability5% weight	A90Higher	C54

Rank among Nasdaq-100 Option Income funds

How we build Categories ›

Same Category. QYLD and XQQI are both graded against the same 30 Nasdaq-100 Option Income funds, so their Grades compare head to head.

Nasdaq-100 Option Income⁠

Category · 30 funds

See all 30 ›

QYLD ranks 4th and XQQI 17th of 30 funds in the Nasdaq-100 Option Income Category.

Rank 1AGPIQGoldman Sachs Nasdaq-100 Premium Income ETFScore 83
Rank 2AQQAInvesco QQQ Income Advantage ETFScore 82
Rank 3AJEPQJPMorgan Nasdaq Equity Premium Income ETFScore 80
Rank 4AQYLDGlobal X Nasdaq 100 Covered Call ETFScore 79
Rank 5AQYLGGlobal X Nasdaq 100 Covered Call & Growth ETFScore 77
Rank 15BSEPQSTF Tactical Growth & Income ETFScore 55
Rank 17CXQQINEOS Boosted Nasdaq-100 High Income ETFScore 53
Rank 18CCAIQCalamos Nasdaq Autocallable Income ETFScore 52

Our read on each fund

ETF.net Research

QYLDAGlobal X Nasdaq 100 Covered Call ETF

XQQICNEOS Boosted Nasdaq-100 High Income ETF

In short

QYLD Running since 2013, QYLD is the no-frills version of the Nasdaq-100 income trade: own the index, sell calls against it, pay out monthly. No stock picking, no manager discretion, just a rules-based buy-write index followed closely.

XQQI Take 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.

Stated mandate

QYLD QYLD seeks, before fees and expenses, to generally match the price and yield performance of the Cboe NASDAQ-100® BuyWrite V2 Index. It uses a buy-write strategy that holds NASDAQ-100 stocks and sells corresponding call options.

XQQI 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

QYLD Simple machine: holds Nasdaq-100 stocks, sells the matching calls, and tracks the Cboe NASDAQ-100 BuyWrite V2 Index closely. Nothing to second-guess.
Income arrives monthly, and the 0.60% fee sits under the median for Nasdaq-100 options-income funds.
A multi-billion-dollar fund that trades very actively, so getting in and out is rarely the hard part.

XQQI 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.com neosfunds.com 2
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

QYLD Writing calls sells the upside. When the Nasdaq-100 runs past the strike, that gain goes to the option buyer, not the fund.
Leaner options on the same index: QQA at 0.33%, GPIQ and JEPQ at 0.35%.
Payouts are funded by option premium and no target rate is declared, so the monthly check varies with volatility.

XQQI 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.com neosfunds.com 2
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

Full QYLD profile⁠

Full XQQI profile⁠

QYLD vs XQQI Holdings

As of Oct 13, 2026

How QYLD and XQQI differ

Overlap by weight

97.3%

Shared holdings make up 100% of QYLD and 100% of XQQI.

Level by level

Holdings101 in both97.3%
Asset classEquity100%
Countryby domicile99.9%

Sector

No Sector split for XQQI.

Country, concentration and asset class

Country by domicile

Country weights in QYLD and XQQI, widest gap first
Country	More in QYLDMore in XQQI	QYLD	XQQI
United States	QYLD +0.1 points	97.3%	97.2%
Canada	Same weight	1.1%	1.1%
Netherlands	Same weight	0.9%	0.9%
Brazil	Same weight	0.4%	0.4%
China	Same weight	0.2%	0.2%
United Kingdom	Same weight	0.2%	0.2%

Concentration

Weight in the 10 largest Holdings

QYLD48.9%
XQQI48.8%

Securities held

QYLD102
XQQI103

Asset class

QYLD: Equity
XQQI: Equity

Holdings

Only in QYLD1
In both101
Only in XQQI2

Only in QYLD

1 security, 0.0% of QYLD by weight

Other Payable & Receivables<0.01%

Only in XQQI

2 securities, 3.1% of XQQI by weight

Cash & Other2.41%
Ndx Us 01/15/27 C305000.72%

Weight gaps

The 100 widest of 101 Holdings in both funds.

Holding weights in QYLD and XQQI, widest gap first
Holding	More in QYLDMore in XQQI	QYLD	XQQI
Space Exploration Techn-Cl ASPCX	QYLD +2.07 points	3.03%	0.96%
Apple IncAAPL	XQQI +0.79 points	7.80%	8.59%
Intel CorpINTC	QYLD +0.71 points	2.30%	1.59%
Walmart IncWMT	XQQI +0.44 points	2.38%	2.82%
Tesla IncTSLA	XQQI +0.44 points	3.11%	3.55%
Alphabet Inc-Cl AGOOGL	QYLD +0.43 points	3.25%	2.82%
Alphabet Inc-Cl CGOOG	QYLD +0.40 points	3.02%	2.62%
Meta Platforms IncMETA	QYLD +0.36 points	3.46%	3.10%
Advanced Micro DevicesAMD	QYLD +0.36 points	4.20%	3.84%
Microsoft CorpMSFT	XQQI +0.30 points	6.30%	6.60%
Lam Research CorpLRCX	QYLD +0.28 points	1.68%	1.40%
Costco Wholesale CorpCOST	XQQI +0.27 points	1.84%	2.11%
Applied Materials IncAMAT	QYLD +0.25 points	1.71%	1.46%
Amgen IncAMGN	XQQI +0.20 points	0.98%	1.18%
Linde PLCLIN	XQQI +0.19 points	0.97%	1.16%
Gilead Sciences IncGILD	XQQI +0.18 points	0.81%	0.99%
Micron Technology IncMU	QYLD +0.18 points	4.83%	4.66%
Texas Instruments IncTXN	XQQI +0.17 points	1.12%	1.29%
NVIDIA CorpNVDA	QYLD +0.16 points	8.55%	8.39%
Marvell Technology IncMRVL	QYLD +0.16 points	1.01%	0.85%
Pepsico IncPEP	XQQI +0.13 points	0.75%	0.88%
Fortinet IncFTNT	QYLD +0.13 points	0.62%	0.49%
Sandisk CorpSNDK	QYLD +0.12 points	0.94%	0.82%
Starbucks CorpSBUX	XQQI +0.12 points	0.46%	0.58%
Lumentum Holdings IncLITE	QYLD +0.11 points	0.38%	0.27%
Automatic Data ProcessingADP	XQQI +0.12 points	0.47%	0.59%
Vertex Pharmaceuticals IncVRTX	XQQI +0.11 points	0.56%	0.67%
Regeneron PharmaceuticalsREGN	XQQI +0.12 points	0.33%	0.45%
Intuitive Surgical IncISRG	XQQI +0.11 points	0.65%	0.76%
Analog Devices IncADI	XQQI +0.10 points	0.85%	0.95%
Kla CorpKLAC	QYLD +0.10 points	1.07%	0.97%
Comcast Corp-Class ACMCSA	XQQI +0.09 points	0.32%	0.41%
Strategy Inc- Class AMSTR	QYLD +0.09 points	0.24%	0.15%
Adobe IncADBE	XQQI +0.09 points	0.41%	0.50%
Csx CorpCSX	XQQI +0.08 points	0.39%	0.47%
T-Mobile Us IncTMUS	XQQI +0.09 points	0.70%	0.79%
Palantir Technologies Inc-APLTR	QYLD +0.08 points	2.08%	2.00%
Cintas CorpCTAS	XQQI +0.08 points	0.36%	0.44%
Monster Beverage CorpMNST	XQQI +0.08 points	0.37%	0.45%
Nxp Semiconductors NVNXPI	XQQI +0.06 points	0.25%	0.31%
Seagate Technology HoldingsSTX	QYLD +0.06 points	0.74%	0.68%
Mondelez International Inc-AMDLZ	XQQI +0.06 points	0.35%	0.41%
Nebius Group NVNBIS	QYLD +0.06 points	0.22%	0.16%
Teradyne IncTER	QYLD +0.06 points	0.26%	0.20%
O'reilly Automotive IncORLY	XQQI +0.06 points	0.30%	0.36%
Booking Holdings IncBKNG	XQQI +0.06 points	0.51%	0.57%
Qualcomm IncQCOM	XQQI +0.05 points	0.79%	0.84%
Netflix IncNFLX	QYLD +0.05 points	1.27%	1.22%
Marriott International -Cl AMAR	XQQI +0.04 points	0.42%	0.46%
Ross Stores IncROST	XQQI +0.04 points	0.32%	0.36%
Arm Holdings Plc-AdrARM	QYLD +0.04 points	0.47%	0.43%
Astera Labs IncALAB	QYLD +0.04 points	0.24%	0.20%
Alnylam Pharmaceuticals IncALNY	QYLD +0.04 points	0.13%	0.09%
Crowdstrike Holdings Inc - ACRWD	XQQI +0.04 points	1.17%	1.21%
Xcel Energy IncXEL	XQQI +0.04 points	0.20%	0.24%
Coca-Cola Europacific Partners PLCCCEP	XQQI +0.04 points	0.20%	0.24%
Datadog Inc - Class ADDOG	QYLD +0.03 points	0.41%	0.38%
Moderna IncMRNA	QYLD +0.03 points	0.37%	0.34%
Coreweave Inc-Cl ACRWV	QYLD +0.04 points	0.16%	0.12%
Airbnb Inc-Class AABNB	XQQI +0.03 points	0.30%	0.33%
Mercadolibre IncMELI	QYLD +0.04 points	0.42%	0.38%
Microchip Technology IncMCHP	XQQI +0.04 points	0.17%	0.21%
Constellation EnergyCEG	QYLD +0.03 points	0.45%	0.42%
Intuit IncINTU	XQQI +0.04 points	0.36%	0.40%
Baker Hughes CoBKR	XQQI +0.03 points	0.24%	0.27%
Cadence Design Sys IncCDNS	XQQI +0.03 points	0.41%	0.44%
Applovin Corp-Class AAPP	QYLD +0.03 points	0.36%	0.33%
Dexcom IncDXCM	QYLD +0.03 points	0.14%	0.11%
Take-Two Interactive SoftwreTTWO	QYLD +0.03 points	0.17%	0.14%
Amazon.com IncAMZN	XQQI +0.03 points	4.39%	4.42%
Workday Inc-Class AWDAY	QYLD +0.02 points	0.16%	0.14%
PayPal Holdings IncPYPL	XQQI +0.02 points	0.21%	0.23%
Thomson Reuters CorpTRI	XQQI +0.02 points	0.17%	0.19%
Shopify Inc - Class ASHOP	QYLD +0.03 points	0.94%	0.91%
American Electric PowerAEP	XQQI +0.02 points	0.30%	0.32%
Palo Alto Networks IncPANW	QYLD +0.01 points	1.42%	1.41%
Honeywell International IncHON	XQQI +0.02 points	0.29%	0.31%
Synopsys IncSNPS	XQQI +0.02 points	0.41%	0.43%
Pdd Holdings IncPDD	QYLD +0.02 points	0.23%	0.21%
Rocket Lab CorpRKLB	QYLD +0.01 points	0.16%	0.15%
Fastenal CoFAST	QYLD +0.02 points	0.26%	0.24%
Copart IncCPRT	XQQI +0.01 points	0.11%	0.12%
Doordash Inc - ADASH	XQQI +0.01 points	0.35%	0.36%
Asml Holding Nv-Ny Reg ShsASML	XQQI +0.01 points	0.69%	0.70%
Autodesk IncADSK	XQQI +0.01 points	0.21%	0.22%
Roper Technologies IncROP	QYLD +0.01 points	0.16%	0.15%
Paccar IncPCAR	XQQI +0.01 points	0.25%	0.26%
Diamondback Energy IncFANG	Same weight	0.24%	0.24%
Keurig Dr Pepper IncKDP	XQQI +0.01 points	0.19%	0.20%
Paychex IncPAYX	QYLD +0.01 points	0.16%	0.15%
Broadcom IncAVGO	Same weight	2.65%	2.65%
Idexx Laboratories IncIDXX	QYLD +0.01 points	0.18%	0.17%
Axon Enterprise IncAXON	Same weight	0.14%	0.14%
Ferrovial NVFER	Same weight	0.16%	0.16%
Ge Healthcare TechnologyGEHC	XQQI +0.01 points	0.13%	0.14%
Old Dominion Freight LineODFL	XQQI +0.01 points	0.16%	0.17%
Monolithic Power Systems IncMPWR	Same weight	0.28%	0.28%
Cisco Systems IncCSCO	Same weight	1.97%	1.97%
Exelon CorpEXC	Same weight	0.19%	0.19%
Western Digital CorpWDC	Same weight	0.60%	0.60%

All 102 QYLD holdings⁠All XQQI holdings⁠

How we measure overlap

Each holding counts at its smaller weight in the two funds, summed over the full Holdings. Sector, country and asset class use the same rule on each fund’s split. Cash, FX and derivative lines stay out of the counts. Two bond funds get no overlap figure.

QYLD vs XQQI Cost

Overpaying XQQI vs QYLD

$6,545

On $10,000 over 30 years. 7% growth a year before fees, expense ratio only.

QYLD 0.60%
$11,817
XQQI 0.98%
$18,362

Amount$10,000

Years30 years

Cost over time

QYLD 0.60%
XQQI 0.98%
Overpaying

Year by year

Year	QYLD	XQQI	Overpaying
10	$1,076	$1,729	$653
20	$4,116	$6,504	$2,388
30	$11,817	$18,362	$6,545

Expense ratio

0.60%QYLD, cheaper
0.98%XQQI

QYLD0.60%XQQI0.98%

0.00%1.20%

Middle half of Nasdaq-100 Option Income funds
Median 0.71%

QYLD 10th cheapest of 30 funds

XQQI 23rd cheapest of 30 funds

QYLD vs XQQI Dividends

Last 12 months to Oct 30, 2026

Yield (12M): QYLD 11.96%; XQQI No data
Payout (12M): QYLD $2.14; XQQI No data
Last payment: QYLD $0.18; XQQI $0.88
Ex-dividend: QYLD Oct 19, 2026; XQQI Oct 7, 2026
Paid on: QYLD Oct 22, 2026; XQQI Oct 9, 2026
Frequency: QYLD Monthly; XQQI Monthly

Distribution history

Per share, 2023 to 2026, same scale for both

QYLDMonthly · 46 paymentsAll QYLD payments⁠

XQQIMonthly · 9 paymentsAll XQQI payments⁠

QYLD vs XQQI Risk

Fall from peak · 5 years

This chart needs five years of history for both funds.

Risk facts

VolatilityStd dev, 3 years: QYLD 8.1%XQQI No data
Return per unit of riskSharpe ratio, 3 years: QYLD 1.31XQQI No data
Worst fallMax drawdown, 5 years: QYLD −24.6%XQQI No data
Market sensitivityBeta, 5 years: QYLD 0.48XQQI 1.46; Market = 1

QYLD and XQQI in the news

All news⁠

Category Review
The four largest Nasdaq-100 income funds trailed the stocks by 0.9 to 5.8 percentage points
Updated Oct 2, 2026QYLD
Income Watch
A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%
Sep 20, 2026QYLD

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QYLD vs XQQI

In short

Stated mandate

Why people hold it

Worth knowing

How QYLD and XQQI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QYLD

Only in XQQI

Weight gaps

Cost over time

Year by year

Distribution history

Fall from peak · 5 years

Risk facts

The four largest Nasdaq-100 income funds trailed the stocks by 0.9 to 5.8 percentage points

A 25.22% distribution rate met a -0.32% SEC yield as the 10-year paid 5.01%

How QYLD and XQQI differ

Level by level

Sector

Country, concentration and asset class

Country by domicile

Concentration

Asset class

Holdings

Only in QYLD

Only in XQQI

Weight gaps