Data as of . Every figure is the income desk's own, on published data.
NVDY vs QQQI
What they hold in common
By the books each fund has filed, NVDY and QQQI hold 0% of their money in the same securities at the same weight.
| Only in NVDY | Only in QQQI |
|---|---|
| TREASURY BILL 30.77% | NVIDIA Corp 7.66% |
| TREASURY BILL 23.23% | Apple Inc 6.63% |
| TREASURY BILL 15.54% | Micron Technology Inc 5.61% |
| TREASURY BILL 15.32% | Microsoft Corp 4.38% |
| TREASURY BILL 15.13% | Advanced Micro Devices Inc 4.12% |
| Amazon.com Inc 4.05% | |
| Tesla Inc 3.35% | |
| Alphabet Inc 3.32% |
Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings as filed for Apr 30, 2026 and Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| NVDY | QQQI | NVDY | QQQI | NVDY | QQQI | |
| 3 months | +11.1% | +2.9% | 10.4% | 3.5% | −1.2 pts | +0.8 pts |
| 6 months | +23.0% | +13.4% | 23.1% | 7.4% | −6.7 pts | −6.8 pts |
| 1 year | +30.9% | +18.7% | 44.4% | 14.4% | −3.5 pts | −6.9 pts |
| 3 years | +238.9% | n/a | 154.1% | n/a | −136.5 pts | n/a |
| Since launch | +372.9% | +58.8% | 205.2% | 38.6% | −334.9 pts | −12.6 pts |
| NVDY YieldMax(R) NVDA Option Income Strategy ETF | QQQI NEOS Nasdaq-100(R) High Income ETF | |
|---|---|---|
| Issuer | YieldMax | NEOS |
| Strategy | synthetic covered call | covered call |
| Benchmark | NVIDIA (NVDA) | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualised | 38.6% | 14.3% |
| Expense ratio | 1.09% | 0.68% |
| Cash paid, 1 year | 44.4% | 14.4% |
| Price change, 1 year | −21.3% | +3.1% |
| Total return, 1 year | +30.9% | +18.7% |
| Benchmark return, 1 year | +34.4% | +25.6% |
| Ahead or behind | −3.5 pts | −6.9 pts |
| Return of capital, latest estimate | 94% | 98% |
| Age | 1212 days | 948 days |
NVDY in plain words
Over the year to Sep 4, 2026, NVDY paid 44.4% of its starting value in cash distributions while its price fell 21.3%. With every distribution reinvested, the fund returned +30.9%. NVIDIA (NVDA) returned +34.4% over the same days, so a holder was behind by 3.5 pts. At its price on Sep 4, 2026 the latest distribution annualises to 38.6%, paid weekly. YieldMax estimates that 94% of the distribution paid Sep 4, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
QQQI in plain words
Over the year to Sep 4, 2026, QQQI paid 14.4% of its starting value in cash distributions while its price rose 3.1%. With every distribution reinvested, the fund returned +18.7%. Nasdaq-100 (QQQ) returned +25.6% over the same days, so a holder was behind by 6.9 pts. At its price on Sep 4, 2026 the latest distribution annualises to 14.3%, paid monthly. NEOS estimates that 98% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterisation rather than a measure of erosion).
Questions people ask
- Which paid more, NVDY or QQQI?
- Over the year to Sep 4, 2026, NVDY paid 44.4% of its starting price in cash and QQQI paid 14.4%, so NVDY paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, NVDY or QQQI?
- With every distribution reinvested, NVDY returned +30.9% and QQQI returned +18.7% over the year to Sep 4, 2026, so NVDY returned more.
- Which is cheaper, NVDY or QQQI?
- NVDY charges 1.09% a year and QQQI charges 0.68%, so QQQI is cheaper. Fees come from each fund's prospectus.
Other comparisons
Where these figures came from
ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.
Cite this page. ETFIQ, NVDY against QQQI, data as of Sep 4, 2026. https://etfiq.com/compare/income/NVDY-QQQI.html Free to use with attribution; the underlying files are at Open data.