Compare/Updated Oct 26, 2026, refreshed every trading day
QYLD vs QQQI
Global X - Nasdaq 100 Covered Call ETF against NEOS Nasdaq-100 High Income ETF: 3 years of returns, risk and today’s technical read, from Kavout’s own data.
QQQI did better over the 687 trading days from Jan 30, 2024 to Oct 23, 2026: $1,000 grew to $1,561 (+56.1%), versus $1,429 (+42.9%) for QYLD. QQQI’s stronger cumulative return came with higher risk: 16.8% 12-month volatility and a -20.0% worst drawdown, compared with QYLD’s 11.4% volatility and -19.0% drawdown. QQQI also had the higher expense ratio, 0.68% versus 0.60%. However, recent performance favored QYLD across the 3-month, 6-month, YTD, and 1-year periods, while QQQI led over 1 month. The funds remained highly correlated, with daily-move correlation of 0.915. Overall, QQQI delivered the better full-period result, but QYLD offered lower volatility and slightly shallower drawdown.
- Price is above its 200-day average ($17); 50-day at $18.
- RSI 42, neutral. Supertrend says sell. ADX 29, so the trend is strong.
- Price is above its 200-day average ($51); 50-day at $54.
- RSI 36, neutral. Supertrend says sell. ADX 26, so the trend is strong.
Head to head
Which has returned more, QYLD or QQQI?
QYLD beat QQQI in 15 of the last 33 months; QQQI won the other 18. The typical monthly gap was 1.35 points.
Total return by period
Which is riskier?
QYLD: Feb 20, 2025 to Apr 8, 2025; QQQI: Feb 19, 2025 to Apr 8, 2025
- 0.915
- correlation of daily moves, 3 years
- 0.73
- QYLD move per 1% in QQQI
- 0.906
- correlation, last 12 months
Month by month
Of the last 33 months. The typical gap was 1.35 points.
When did they diverge?
| Month | QYLD | QQQI | Gap |
|---|---|---|---|
| May 2025 | +1.5% | +7.0% | -5.57 pts |
| May 2026 | +1.5% | +6.9% | -5.40 pts |
| April 2026 | +5.9% | +10.3% | -4.33 pts |
| May 2024 | +1.6% | +4.8% | -3.28 pts |
Where the numbers come from. 687 daily adjusted closes per fund from the Kavout market-data API, dividends included. Signals and indicators are Kavout’s own, refreshed nightly. Every figure is calculated from those adjusted closes.
Holdings and fees
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