QQQI
NEOS Nasdaq 100 High Income ETF
NEOS Nasdaq 100 High Income ETF seeks to provide investors with high income through an innovative options strategy while offering exposure to the performance of the Nasdaq 100 Index.
Risk Management
DERIVATIVES
Active
MANAGEMENT STYLE
1.4 B
ASSETS UNDER MGMT
68 bp
EXPENSES
Fund Basics
| Fund sponsor | Neos |
| Category | Risk Management |
| Asset class | Derivatives |
| Website | link... |
| Inception date | Jan 29, 2024 |
| Assets (mns) | $1,370 |
| Expense ratio | 68 bp |
Fund Structure
| Regulation | Open-Ended Fund |
| Distributions | |
| Taxation | 1099 |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top Holdings
| MICROSOFT CORP | 8.9 % |
| APPLE INC | 8.4 % |
| NVIDIA CORP | 7.6 % |
| AMAZON.COM INC | 5.5 % |
| BROADCOM INC | 4.3 % |
| META PLATFORMS INC | 3.6 % |
| NETFLIX INC | 3.3 % |
| COSTCO WHOLESALE CORP | 3.0 % |
| TESLA INC | 2.9 % |
| ALPHABET INC | 2.6 % |
Asset Allocation
Historical Performance
Standardized Performance (as of 04/30/2025)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | -9.0% | -- | -- | -- | -- | -- | -- | -7.3% |
| Dividend Yield | 1.1% | -- | -- | -- | -- | -- | -- | 3.3% |
| Total Returns | -7.9% | -- | -- | -- | -- | -- | -- | -3.9% | Ann. Volatility | 31.5% | -- | -- | -- | -- | -- | -- | 24.3% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.00 | 0% |
| MSCI EAFE | 0.00 | 0% |
| MSCI Emg Mkts | 0.00 | 0% |
Liquidity Measures
| Avg. volume (000) | 776 |
| ADV traded (mns) | $38 |
| Turnover | 2.8% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| Recent close | $48.72 |
| 30d moving avg. | $46.85 |
| Annualized volatility | 0.0% |
| Relative strength (RSI) | 48 |
| Short interest | 0.4% |
Distributions
Assets Under Management (mns)
Money Flows (mns)
Short Interest (as % of shares outstanding)
Long Money Flows (mns)
Expense Analysis
| Peer Group | Active Risk Management Derivatives ETFs |
| # of ETFs | 109 |
| Avg. Expense Ratio | 85.0 bp |
| Std. Deviation | 17 bp |
| QQQI (68 bp) Percentile rank | 16 |
Peer Group Expense Ratio Distribution
Total Cost of Ownership (TCO) Comparison
| Expense (bp) (A) |
Avg. Bid/Ask (bp) (B) |
TCO (bp) (A)+(B) |
|
|---|---|---|---|
| QQQI | 68.0 | 0.0 | 68 |
| Peer Avg. | 90.6 | 32.1 | 122.8 |
For a detailed cost analysis of this and any other ETF use the TCO Comparison Tool .