Data as of Nov 4, 2026.
FEPI vs XQQI: Dividend Yield & Total Return
FEPI and XQQI both write options for income.
askIQ about this page
askIQ about FEPI and XQQI
Net assets: $679m on Nov 3, 2026 for REX FANG & Innovation Equity Premium Income ETF, and $408m on Oct 28, 2026 for NEOS Boosted Nasdaq-100 High Income ETF.
Not measured
FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.
FEPI
+2.9%
22.1% as cash
Total return, distributions reinvested
Not measured
FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.
FEPI
+2.9%
22.1% of it arrived as cash. Total return, distributions reinvested. FEPI over 1 year: paid 22.1%, price −19.3%, total +2.9%, not measured against a benchmark. Data to Nov 4, 2026.
Data to Nov 4, 2026.4.9 pts behind QQQ
XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.6%
XQQI
+7.7%
17.0% of it arrived as cash
4.9 pts behind QQQ
Total return, distributions reinvested
4.9 pts behind QQQ
XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
QQQ
+12.6%
XQQI
+7.7%
17.0% cash
4.9 pts behind QQQ
17.0% of it arrived as cash. Both charts share one scale, with zero at the line. XQQI since launch: paid 17.0%, price −9.2%, total +7.7%, QQQ +12.6%, −4.9 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
FEPI costs 0.33 points a year less; FEPI is 1.8 times larger.
Points (pts) are percentage points.
| Measure | FEPI | XQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +2.9% | not published |
| Price change | fell 19.3% (1 year) | fell 9.2% (since Feb 3, 2026) |
| Return of capital, issuer estimate | 100% of the Oct 9, 2026 payment | |
| Against its benchmark | ||
| Benchmark | not published | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 0.65% | 0.98% |
| Net assets, as of Oct 28, 2026 | $731m | $408m |
| Holdings | ||
| Holdings in common | 49% | |
What they share
By the books each fund has filed, FEPI and XQQI hold 49% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.
half
49% 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 | FEPI | XQQI | FEPI | XQQI | FEPI | XQQI |
| 3 months | −1.5% | −4.1% | 6.4% | 5.0% | not measured | −0.6 pts |
| 6 months | −2.4% | −3.0% | 11.2% | 10.0% | not measured | −2.6 pts |
| 1 year | +2.9% | – | 22.1% | – | not measured | – |
| 3 years | +55.6% | – | 69.1% | – | not measured | – |
| Since launchNot the same days: FEPI Oct 2023 · XQQI Feb 2026 | +56.7% | +7.7% | 69.6% | 17.0% | not measured | −4.9 pts |
– means no data for this window. Open this comparison in the app →
FEPI
Over the year to Nov 4, 2026, FEPI paid 22.1% of its starting value in cash distributions while its price fell 19.3%. With every distribution reinvested, the fund returned +2.9%. At its price on Nov 4, 2026 the latest distribution annualizes to 24.9%, paid weekly.
XQQI
Over the period from its first trade on Feb 3, 2026 to Nov 4, 2026, XQQI paid 17.0% of its starting value in cash distributions while its price fell 9.2%. With every distribution reinvested, the fund returned +7.7%. Nasdaq-100 (QQQ) returned +12.6% over the same days, so a holder was behind by 4.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 20.2%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 9, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
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.
Cite this pageCitation, APA and Markdown
ETFIQ, FEPI against XQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/fepi-vs-xqqi
ETFIQ. (Nov 4, 2026). FEPI against XQQI. Retrieved from https://etfiq.com/compare/income/fepi-vs-xqqi
[FEPI against XQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/fepi-vs-xqqi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.