QQHG vs QQQI
Invesco QQQ Hedged Advantage ETF vs NEOS Nasdaq-100 High Income ETF
Which is better, QQHG or QQQI?
Nearly the same fund. QQHG costs less.
QQHG has a lower expense ratio. QQQI led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. QQQI is less concentrated, with 46.5% of the fund in its ten largest positions against 50.1%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | QQHG | QQQI |
|---|---|---|
| Expense Ratio | 0.45%Best | 0.68% |
| AUM | $3M | $15.3B |
| Dividend Yield | 0.20% | 13.76% |
| Holdings | 503 | 209 |
| YTD Return | +11.59% | +13.56%Best |
| 1Y Return | +13.92% | +16.95%Best |
| Volatility (annualized) | 10.6%Best | 13.4% |
| Max Drawdown | -6.2%Best | -9.6% |
| $10,000 over 1.4 years | $13,348 | $13,777Best |
| Top 10 Weight | 50.1% | 46.5%Best |
| Fund Family | Invesco (US) | NEOS |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | May 7, 2025 | Jan 30, 2024 |
Not shown on this pair: 3Y Return (annualized), 5Y Return (annualized).
Volatility and max drawdown, and the $10,000 over 1.4 years row, are measured over the window both funds cover: May 7, 2025 to Oct 14, 2026 (1.4 years).
QQHG vs QQQI growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.4 years both funds cover.
QQHG vs QQQI Performance
Invesco QQQ Hedged Advantage ETF (QQHG) is an ETF from Invesco (US) and NEOS Nasdaq-100 High Income ETF (QQQI) is an ETF from NEOS. Over the past year QQHG returned +13.92% while QQQI returned +16.95%. Year to date, QQHG is up 11.59% versus a gain of 13.56% for QQQI.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQI has been the more volatile fund, with annualized monthly volatility of 13.4% compared with 10.6% for QQHG. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -6.2% for QQHG and -9.6% for QQQI. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.96. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQHG charges 0.45% per year while QQQI charges 0.68%. On a $10,000 position that is $45 vs $68 annually, a gap of $23 per year that compounds over a long holding period. On income, QQHG currently yields 0.20% against 13.76% for QQQI.
Holdings Overlap
61.9% of QQHG's money is in holdings QQQI also owns. 56.1% of QQQI's money is in holdings QQHG also owns.
The two portfolios partly overlap.
18 positions in common, counted across the 221 positions we hold weights for in QQHG and 101 in QQQI, against full books of 503 and 209.
What only one of them owns
Our book lists 78 positions for QQQI that do not appear in our book for QQHG (40.6% of the fund), and 198 for QQHG that do not appear in QQQI (33.1%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQHG | Weight in QQQI | Difference |
|---|---|---|---|
| NVDANvidia Corp | 8.40% | 8.13% | 0.27% |
| AAPLApple, Inc | 7.68% | 7.71% | 0.03% |
| MSFTMicrosoft Corp | 6.38% | 5.97% | 0.41% |
| MUMicron Technology, Inc. | 4.77% | 4.57% | 0.20% |
| AMZNAmazon.Com Inc | 4.39% | 4.34% | 0.05% |
| GOOGAlphabet Inc. C | 5.71% | 3.00% | 2.71% |
| AMDAdvanced Micro Devices Inc | 3.76% | 3.54% | 0.22% |
| METAMeta Platforms Inc | 3.22% | 3.14% | 0.08% |
| TSLATesla Inc | 2.99% | 2.86% | 0.13% |
| AVGOBroadcom Inc | 2.84% | 2.61% | 0.23% |
61.9% of QQHG is already inside QQQI.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQHG or QQQI?
QQHG has an expense ratio of 0.45% while QQQI charges 0.68%. QQHG is the cheaper option, by $23 a year on a $10,000 investment.
Which performed better, QQHG or QQQI?
Over the past year QQHG returned +13.92% vs +16.95% for QQQI, so QQQI leads on 1-year performance. Over the longest common window we track (1 years), QQHG annualized +22.91% vs +25.72% for QQQI. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQHG or QQQI?
QQQI has been the more volatile fund at 13.4% annualized versus 10.6% for QQHG. Worst drawdown: QQHG -6.2% vs QQQI -9.6%.
Should I hold both QQHG and QQQI?
QQHG and QQQI have a monthly-return correlation of 0.96, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQHG and QQQI?
61.9% of QQHG's money is in holdings QQQI also owns. 56.1% of QQQI's is in holdings QQHG also owns. They hold 18 positions in common, counted across the 221 positions we hold weights for in QQHG and 101 in QQQI.
Which pays a higher dividend, QQHG or QQQI?
QQHG yields 0.20% while QQQI yields 13.76%, so QQQI currently pays the higher dividend yield.
Is QQQI better than QQHG?
QQHG has a lower expense ratio. QQQI led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.96. QQQI is less concentrated, with 46.5% of the fund in its ten largest positions against 50.1%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.