Data as of Nov 4, 2026.
CAIQ vs QQQI: Dividend Yield & Total Return
CAIQ and QQQI both write options for income.
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Net assets: $286m on Jul 31, 2026 for Calamos Nasdaq Autocallable Income ETF, and $15.5bn on Oct 28, 2026 for NEOS Nasdaq-100 High Income ETF.
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% of it arrived as cash
5.7 pts behind QQQ
Total return, distributions reinvested
5.7 pts behind QQQ
CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
QQQ
+18.7%
CAIQ
+13.0%
16.8% as cash
5.7 pts behind QQQ
16.8% of it arrived as cash. Total return, distributions reinvested. CAIQ since launch: paid 16.8%, price −4.1%, total +13.0%, QQQ +18.7%, −5.7 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
13.9% of it arrived as cash
3.4 pts behind QQQ
Total return, distributions reinvested
3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
3.4 pts behind QQQ
13.9% of it arrived as cash. Both charts share one scale, with zero at the line. QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QQQI costs 0.06 points a year less.
Points (pts) are percentage points.
| Measure | CAIQ | QQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +8.9% |
| Price change | fell 4.1% (since Nov 20, 2025) | fell 5.4% (1 year) |
| Return of capital, issuer estimate | 100% of the Nov 9, 2026 payment | 100% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | Nasdaq-100, measured through QQQ | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.74% | 0.68% |
| Net assets, CAIQ as of Jul 31, 2026 and QQQI as of Oct 28, 2026 | $286m | $15.5bn |
| Holdings | ||
| Holdings in common | 0% | |
Risk and return
Nov 28, 2025 to Oct 30, 2026 · 48 weekly returnsFrom Nov 2025 to Oct 2026, CAIQ returned slightly more: +8.5% to +8.0%. CAIQ and QQQI fell about the same at their worst: −8.1% and −8.1%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | CAIQ | QQQI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +8.5% | +8.0% | CAIQ (slight) | Price change plus distributions, reinvested. |
| Price return | −6.4% | −5.1% | QQQI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −8.1% | −8.1% | Tie | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 48 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, CAIQ and QQQI hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | CAIQ | QQQI | CAIQ | QQQI | CAIQ | QQQI |
| 3 months | −2.9% | −2.2% | 4.5% | 3.5% | +0.6 pts | +1.3 pts |
| 6 months | −1.9% | −0.2% | 8.6% | 6.9% | −1.6 pts | +0.1 pts |
| 1 year | – | +8.9% | – | 13.9% | – | −3.4 pts |
| Since launchNot the same days: CAIQ Nov 2025 · QQQI Jan 2024 | +13.0% | +53.8% | 16.8% | 41.2% | −5.7 pts | −11.2 pts |
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No client brief for this pair: ETFIQ prints no one-year total return for CAIQ.
CAIQ
Over the period from its first trade on Nov 20, 2025 to Nov 4, 2026, CAIQ paid 16.8% of its starting value in cash distributions while its price fell 4.1%. With every distribution reinvested, the fund returned +13.0%. Nasdaq-100 (QQQ) returned +18.7% over the same days, so a holder was behind by 5.7 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 19.6%, paid monthly. Calamos estimates that 100% of the distribution paid Nov 9, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
QQQI
Over the year to Nov 4, 2026, QQQI paid 13.9% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +8.9%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.7%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, CAIQ against QQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/caiq-vs-qqqi
ETFIQ. (Nov 4, 2026). CAIQ against QQQI. Retrieved from https://etfiq.com/compare/income/caiq-vs-qqqi
[CAIQ against QQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/caiq-vs-qqqi)
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