QQQI: NEOS Nasdaq-100 High Income ETF

What does QQQI hold?#

This fund owns the big companies in the Nasdaq-100. It also sells options on that index to collect cash for monthly income. Selling options means it gives up some gains when stocks jump, and it still falls when stocks fall.

It does not track an index. Its managers choose what it holds.

What is the QQQI expense ratio?#

QQQI charges 0.68% a year. An expense ratio is the yearly fee a fund takes to run itself. On $10,000, a 0.68% fee comes to about $68 a year.

You never get a bill for it. The fund takes the fee out of its own value a little each day.

How has QQQI done since 2024?#

From January 2024 to October 2026, QQQI returned about 18.2% a year. Say you put in $10,000 at the start. It would have been worth about $15,732 at the end, with every dividend reinvested.

Prices through October 16, 2026. Figures use daily closing prices adjusted for splits, with dividends reinvested. They do not include taxes or the cost of buying and selling. Past results do not tell you what will happen next.

QQQI returns by year#

What was QQQI’s worst drop?#

A drawdown is how far a fund falls from its last high point. QQQI’s worst fall was −20.0%, from February 19, 2025 to April 8, 2025. It got back to that high on June 24, 2025.

The chart shows how far below its last high the fund was on each day. Big drops are normal for some funds. They matter because selling during a drop locks in the loss.

Which Tactfolio strategies hold QQQI?#

No classic strategy holds QQQI yet. You can add it to your own rules in the builder and see how they would have done.

How does QQQI compare with similar ETFs?#

Funds that can stand in for QQQI:

• GPIX: Goldman Sachs S&P 500 Premium Income ETF, 0.29% a year
• JEPI: JPMorgan Equity Premium Income ETF, 0.35% a year
• JEPQ: JPMorgan Nasdaq Equity Premium Income ETF, 0.35% a year
• DIVO: Amplify CWP Enhanced Dividend Income ETF, 0.56% a year

See all 8 QQQI alternatives, compared on the same dates as QQQI.

Test QQQI in your own rules#

Tactfolio is a platform where you build rules-based investing strategies, backtest them on decades of real prices, share them, and run them automatically in your own Alpaca account. Open the builder, add QQQI, and see how a rule such as “hold it only above its 200-day average” would have done. Strategies run on daily prices and hold US stocks and ETFs only.

The details#

Prices come from Tactfolio’s stored daily prices for QQQI. Each close is adjusted for splits, and dividends are reinvested on the day the fund pays them out. CAGR is the steady yearly return that turns the starting value into the ending value. Volatility is the yearly standard deviation of daily returns.

Fund facts come from NEOS. We checked them on October 17, 2026. Read what a backtest simulates and how to read drawdown and CAGR for more on these measures.