QQQI and QQQX 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 QQQX provides ~8% yield targeting sophisticated investor comfortable with cef structure. 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
6.6
Overall Score
Nuveen Nasdaq 100 Dynamic Overwrite Fund
4.4
Overall Score
| Criteria | QQQI | QQQX |
|---|---|---|
| Overall Score | 6.6 4.4 | |
| Total Return (25%) | 7.9 4.0 | |
| Downside Protection (25%) | 5.7 1.2 | |
| Upside Participation (25%) | 7.8 8.3 | |
| Consistency (15%) | 4.8 4.8 | |
| Expense Ratio (5%) | 4.0 1.3 | |
| Liquidity (5%) | 6.5 4.8 |
Since Inception
3 Years
Pro only
1 Year
Pro only
3 Months
Pro only
| Metric | QQQI | QQQX |
|---|---|---|
| Expense Ratio | 0.680% | 0.900% |
| Inception Date | Jan 30, 2024 | Jan 25, 2007 |
| Issuer | NEOS | Nuveen |
| Distribution Frequency | Monthly | Monthly |
| Maturity Rating | 2/5 stars | 5/5 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
Interesting dynamic approach — but CEF complexity and high fees limit its appeal vs newer ETF alternatives
Investor Profile:
Sophisticated investor comfortable with CEF structure
Both funds are scored on total return, downside protection, upside participation, distribution consistency, cost and liquidity, against the same benchmark and the same window.
28 covered call ETFs, rescored every month on total return, downside protection and NAV stability. One email a month, no promotions.
We store your email to send the monthly ranking. Unsubscribe any time by replying to any email. We never share or sell it.