Data as of . Every figure is the income desk's own, on published data.
OARK vs QQQI
What they hold in common
By the books each fund has filed, OARK and QQQI hold 0% of their money in the same securities at the same weight.
| Only in OARK | Only in QQQI |
|---|---|
| TREASURY BILL 37.81% | NVIDIA Corp 7.66% |
| TREASURY BILL 30.32% | Apple Inc 6.63% |
| TREASURY BILL 18.55% | Micron Technology Inc 5.61% |
| TREASURY BILL 10.80% | Microsoft Corp 4.38% |
| TREASURY BILL 2.51% | 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 | |||
|---|---|---|---|---|---|---|
| OARK | QQQI | OARK | QQQI | OARK | QQQI | |
| 3 months | +9.3% | +2.9% | 9.7% | 3.5% | +7.2 pts | +0.8 pts |
| 6 months | +14.7% | +13.4% | 22.1% | 7.4% | −5.5 pts | −6.8 pts |
| 1 year | +13.3% | +18.7% | 39.3% | 14.4% | −12.3 pts | −6.9 pts |
| 3 years | +54.1% | n/a | 84.0% | n/a | −39.4 pts | n/a |
| Since launch | +57.2% | +58.8% | 89.0% | 38.6% | −97.4 pts | −12.6 pts |
| OARK YieldMax(R) Innovation Option Income Strategy ETF | QQQI NEOS Nasdaq-100(R) High Income ETF | |
|---|---|---|
| Issuer | YieldMax | NEOS |
| Strategy | synthetic covered call | covered call |
| Benchmark | Nasdaq-100 (QQQ), used as the innovation proxy | Nasdaq-100 (QQQ) |
| Pays | weekly | monthly |
| Payout rate, annualised | 40.3% | 14.3% |
| Expense ratio | 1.00% | 0.68% |
| Cash paid, 1 year | 39.3% | 14.4% |
| Price change, 1 year | −29.0% | +3.1% |
| Total return, 1 year | +13.3% | +18.7% |
| Benchmark return, 1 year | +25.6% | +25.6% |
| Ahead or behind | −12.3 pts | −6.9 pts |
| Return of capital, latest estimate | 78% | 98% |
| Age | 1381 days | 948 days |
OARK in plain words
Over the year to Sep 4, 2026, OARK paid 39.3% of its starting value in cash distributions while its price fell 29.0%. With every distribution reinvested, the fund returned +13.3%. Nasdaq-100 (QQQ), used as the innovation proxy returned +25.6% over the same days, so a holder was behind by 12.3 pts. At its price on Sep 4, 2026 the latest distribution annualises to 40.3%, paid weekly. YieldMax estimates that 78% 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, OARK or QQQI?
- Over the year to Sep 4, 2026, OARK paid 39.3% of its starting price in cash and QQQI paid 14.4%, so OARK paid more. Cash paid is not the same as money made: the price change matters too.
- Which returned more once distributions are counted, OARK or QQQI?
- With every distribution reinvested, OARK returned +13.3% and QQQI returned +18.7% over the year to Sep 4, 2026, so QQQI returned more.
- Which is cheaper, OARK or QQQI?
- OARK charges 1.00% 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, OARK against QQQI, data as of Sep 4, 2026. https://etfiq.com/compare/income/OARK-QQQI.html Free to use with attribution; the underlying files are at Open data.