Rankings / QQQI
NEOS Nasdaq 100 High Income ETF
7.4
Overall Score
QQQI is an actively managed NEOS fund that holds large-cap Nasdaq-100 stocks, 106 positions, and sells index call options to generate monthly income. NEOS uses index options that qualify as Section 1256 contracts, taxed at the 60/40 rate. It aims for high monthly income in a tax-efficient way, with distributions that are partly return of capital.
Pays 13.8%, 2.6 points more than JEPQ, at a fee of 0.68% that is almost double JEPQ's 0.35%.
Cumulative total return of QQQI against QQQ, distributions reinvested.
Cumulative total return, rebased to 0% at the start of each period. Distributions reinvested. Data through end of previous month.
Calendar-year total return, distributions reinvested.
| Year | QQQI | QQQ |
|---|---|---|
| 2026 YTD | +14.64% | +20.83% |
| 2025 | +18.61% | +20.77% |
| 2024 | +21.56% | +25.58% |
Historical years are frozen. YTD is refreshed monthly.
Composite score from six weighted criteria, measured since inception.
Performance since inception against the benchmark.
How much of the benchmark drawdown the fund absorbed.
How much of the benchmark rally the fund kept.
Frequency of distribution cuts below 85% of the previous payment.
Inversely proportional to the annual management fee.
Assets under management on a log scale.
Sector and geographic composition of QQQI underlying holdings.
| # | Symbol | Name | Weight |
|---|---|---|---|
| 1 | NVDA | NVIDIA | 8.61% |
| 2 | AAPL | Apple | 7.41% |
| 3 | MSFT | Microsoft | 5.83% |
| 4 | MU | Micron Technology | 5.12% |
| 5 | AMD | Advanced Micro Devices | 4.41% |
| 6 | AMZN | Amazon.com | 4.23% |
| 7 | META | Meta Platforms | 3.24% |
| 8 | GOOGL | Alphabet | 3.09% |
| 9 | GOOG | Alphabet | 2.87% |
| 10 | TSLA | Tesla | 2.87% |
Holdings data from fund disclosures, updated periodically. Percentages may not sum to 100% due to cash, options, and other positions not shown.
The same six criteria, applied to different trailing periods. Pro subscribers see the full breakdown.
Since inception
7.4
3 years
7.4
1 year
7.2
3 months
7.6
How has QQQI ranked across inception, 3 years, 1 year, and 3 months? Pro subscribers can compare a fund's trajectory over every window, across all 28 funds.
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Expense Ratio
0.680%
Inception Date
January 30, 2024
Benchmark
QQQ
Category
Covered Call - Nasdaq
Distribution Frequency
Monthly
Maturity Rating
2/5 stars
Scores calculated using CoveredRank methodology. Every formula is published and reproducible.
See full methodology→Disclaimer: CoveredRank provides independent educational content only. This is not financial advice. Please consult with a qualified financial advisor before making investment decisions. Past performance does not guarantee future results.