QQQI and IQQQ are both covered call ETFs tracking the same benchmark, but with different approaches. QQQI offers ~14% yield with a focus on investor seeking nasdaq exposure with high income and optimized tax treatment, while IQQQ provides ~9.1% yield targeting income investors seeking nasdaq-100 exposure with daily covered call overlay and tax efficiency. Compare their scores, yields, and performance metrics to find the best fit for your portfolio.
Compare covered call ETFs with the same benchmark side by side
NEOS Nasdaq 100 High Income ETF
6.5
Overall Score
ProShares Nasdaq-100 High Income ETF
5.7
Overall Score
| Criteria | QQQI | IQQQ |
|---|---|---|
| Overall Score | 6.5 5.7 | |
| Total Return (25%) | 7.6 8.0 | |
| Downside Protection (25%) | 5.7 0.3 | |
| Upside Participation (25%) | 7.7 8.9 | |
| Consistency (15%) | 4.8 5.9 | |
| Expense Ratio (5%) | 4.0 5.6 | |
| Liquidity (5%) | 6.5 5.4 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QQQI | IQQQ |
|---|---|---|
| Expense Ratio | 0.680% | 0.550% |
| Inception Date | Jan 30, 2024 | Jan 1, 2022 |
| Issuer | NEOS | ProShares |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 3/5 stars |
Ranked #1 in our model but interpret with caution — only 2 maturity stars, no 2022-style correction in its history
Investor Profile:
Investor seeking Nasdaq exposure with high income and optimized tax treatment
Solid but faces stiff competition from QQQI. Tax efficiency is its main differentiator.
Investor Profile:
Income investors seeking Nasdaq-100 exposure with daily covered call overlay and tax efficiency