IQQQ vs QQQI: Income Fund Comparison

ProShares Nasdaq-100 High Income ETF - US (IQQQ) and NEOS Nasdaq-100® High Income ETF - US (QQQI) are both income-focused funds. Below is our independent side-by-side review using the Dependable Income Investing 13-factor scoring system — designed specifically for income investors seeking reliable, sustainable distributions.

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. QQQI: Management fee and total annual fund operating expenses are 0.68%. IQQQ the fund launched March 18 2024 so it has less than two years of operating history. QQQI fund inception date was Jan 30th 2024 - just over 2 years of history as of review date. Full Dependability and Return scores for both funds are available in the app.

IQQQ QQQI
Fund Name ProShares Nasdaq-100 High Income ETF - US NEOS Nasdaq-100® High Income ETF - US
Fund Type Index Based Fund Index Based Fund
Exchange NYSE/NASDAQ NYSE/NASDAQ
Last Reviewed 2025-07-10 2026-03-07
Author , Income Investing Analyst
IQQQ
QQQI
Overall Score
Dependability

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Fund Attributes: IQQQ vs QQQI 20% of overall score

Fund Attributes cover the foundational characteristics of each fund: cost, company backing, track record, and size. These factors reflect stability and cost-efficiency for long-term income investors.

Criterion
IQQQ
QQQI
Expense Ratio
3/5

Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.

3/5

Management fee and total annual fund operating expenses are 0.68%.

Fund Company Size
5/5

The total assets managed by ProShares are $80 Billion.

5/5

NEOS Investments total ETF AUM is approximately $21.6 billion across all 19 funds as of 03/05/2026.

Fund History
2/5

The fund launched March 18 2024 so it has less than two years of operating history.

3/5

Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date.

Fund AUM
2/5

The net assets of the fund are about $200 Million.

5/5

$9.015 Billion in assets under management as of March 2026. One of the largest NEOS funds.

Risk: IQQQ vs QQQI 35% of overall score

Risk factors evaluate how each fund manages volatility, diversification, and the nature of its underlying assets — critical considerations for income investors who prioritise capital preservation.

Criterion
IQQQ
QQQI
Volatility
3/5

Volatility similar to the market.

3/5

Beta is 0.98 vs SPY (2024-02-09 to 2026-03-06) - slightly below the market. Short fund history limits precision of this calculation.

Lower volatility may indicate more stability — important for investors living off their income.
Sector Diversification
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Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
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Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
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The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
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What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.

See the full Risk analysis for both IQQQ and QQQI — volatility ratings, diversification scores, and analyst notes.

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Return: IQQQ vs QQQI 45% of overall score

Return factors assess income generation quality: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.

Criterion
IQQQ
QQQI
Yield
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The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
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How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
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The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
4/5

The fund pays distributions monthly.

4/5

Monthly distributions.

How often the fund pays distributions — monthly payments are generally preferred by income investors.

See the full Return analysis for both IQQQ and QQQI — yield ratings, distribution consistency scores, and capital history.

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Our Review Methodology

Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.

We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score answers the question income investors care about most: can I depend on this fund to pay me reliably?

Full scores, ratings, and analyst notes for both IQQQ and QQQI are available in the Dependable Income Investing app.

See our full scoring methodology →

Frequently Asked Questions: IQQQ vs QQQI

Which has a lower expense ratio, IQQQ or QQQI?

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF.
QQQI: Management fee and total annual fund operating expenses are 0.68%.

Which fund has more assets under management, IQQQ or QQQI?

IQQQ: The net assets of the fund are about $200 Million.
QQQI: $9.015 Billion in assets under management as of March 2026. One of the largest NEOS funds.

Which fund has been trading longer, IQQQ or QQQI?

IQQQ: The fund launched March 18 2024 so it has less than two years of operating history.
QQQI: Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date.

Who manages IQQQ vs QQQI?

IQQQ: The total assets managed by ProShares are $80 Billion.
QQQI: NEOS Investments total ETF AUM is approximately $21.6 billion across all 19 funds as of 03/05/2026.

Where can I see the full IQQQ vs QQQI comparison with scores?

The complete side-by-side comparison — including all Risk and Return scores, analyst notes, Overall Score, and Dependability Score for both funds — is available in the Dependable Income Investing app.

What is the difference between IQQQ and QQQI?

ProShares Nasdaq-100 High Income ETF - US is a Index Based Fund. Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. NEOS Nasdaq-100® High Income ETF - US is a Index Based Fund. Management fee and total annual fund operating expenses are 0.68%. Full comparison including Dependability Score is available in the Dependable Income Investing app.

Which is better for income investors, IQQQ or QQQI?

IQQQ: Expense ratio is 0.55 percent as of July 2025 which is moderate for an options ETF. The fund launched March 18 2024 so it has less than two years of operating history. QQQI: Management fee and total annual fund operating expenses are 0.68%. Fund inception date was Jan 30th 2024 - just over 2 years of history as of review date. Which scores higher on Dependability and Return is available in the Dependable Income Investing app.

Do IQQQ and QQQI pay monthly distributions?

IQQQ: The fund pays distributions monthly. QQQI: Monthly distributions. Full yield and distribution stability scores for both funds are available in the Dependable Income Investing app.

See the Full IQQQ vs QQQI Comparison

The Dependable Income Investing app gives you the complete picture: all 13 scoring factors for both funds, Risk and Return analyst notes, Dependability Scores, and tools to compare any income fund side by side.

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