Data as of .
FGSI vs XQQI: which paid, and which earned it?
FGSI and XQQI both write options for income.
What they hold in common
By the books each fund has filed, FGSI and XQQI hold 20% of their money in the same securities at the same weight.
| Holding | FGSI | XQQI |
|---|---|---|
| Microsoft Corporation | 2.45% | 5.94% |
| NVIDIA Corporation | 2.15% | 8.70% |
| Meta Platforms, Inc. (Class A) | 2.03% | 3.27% |
| Broadcom Inc. | 1.90% | 2.75% |
| Palantir Technologies Inc. (Class A) | 2.63% | 1.86% |
| Costco Wholesale Corporation | 1.85% | 1.84% |
| Netflix, Inc. | 2.04% | 1.41% |
| Marvell Technology, Inc. | 2.53% | 0.99% |
| Seagate Technology Holdings Plc | 2.15% | 0.90% |
| Intuitive Surgical, Inc. | 2.22% | 0.65% |
| Fortinet, Inc. | 2.06% | 0.57% |
| Adobe Incorporated | 2.05% | 0.46% |
| Only in FGSI | Only in XQQI |
|---|---|
| Newmont Corporation 2.70% | Apple Inc 7.91% |
| Arista Networks, Inc. 2.32% | Micron Technology Inc 5.12% |
| Target Corporation 2.22% | Amazon.com Inc 4.39% |
| CME Group Inc. 2.21% | Advanced Micro Devices Inc 4.08% |
| ResMed Inc. 2.21% | Alphabet Inc 3.28% |
| Garmin Ltd. 2.15% | Alphabet Inc 3.02% |
| Incyte Corporation 2.09% | Tesla Inc 3.01% |
| Mastercard Incorporated 2.03% | Intel Corp 2.44% |
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 dated Sep 18, 2026 and Sep 21, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| FGSI | XQQI | FGSI | XQQI | FGSI | XQQI | |
| 3 months | +2.4% | −2.7% | 2.1% | 4.8% | +0.2 pts | −0.2 pts |
| 6 months | +10.0% | +21.8% | 4.4% | 11.4% | −8.0 pts | −2.4 pts |
| 1 year | +5.3% | not published | 8.1% | not published | −11.3 pts | not published |
| Since launch | +11.9% | +14.3% | 9.8% | 13.7% | −14.3 pts | −2.9 pts |
| FGSI FT Vest Growth Strength & Target Income ETF Option income on SPY, paying monthly | XQQI NEOS Boosted Nasdaq-100(R) High Income ETF Option income on QQQ, paying monthly | |
|---|---|---|
| Issuer | First Trust | NEOS |
| Strategy | option income | option income |
| Benchmark | S&P 500 (SPY), used as a default proxy | Nasdaq-100 (QQQ) |
| Pays | monthly | monthly |
| Payout rate, annualized | 8.6% | 20.5% |
| Expense ratio | 0.85% | 0.98% |
| Cash paid, 1 year | 8.1% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | −3.2% | −0.3% |
| Total return, 1 year | +5.3% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +16.6% | +17.3% |
| Ahead or behind | −11.3 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 449 days | 227 days |
| Net assets | $2m | $351m |
FGSI in plain words
Over the year to Sep 18, 2026, FGSI paid 8.1% of its starting value in cash distributions while its price fell 3.2%. With every distribution reinvested, the fund returned +5.3%. S&P 500 (SPY), used as a default proxy returned +16.6% over the same days, so a holder was behind by 11.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 8.6%, paid monthly.
XQQI in plain words
Over the period since launch on Feb 3, 2026 to Sep 18, 2026, XQQI paid 13.7% of its starting value in cash distributions while its price fell 0.3%. With every distribution reinvested, the fund returned +14.3%. Nasdaq-100 (QQQ) returned +17.3% over the same days, so a holder was behind by 2.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 20.5%, paid monthly. NEOS estimates that 100% of the distribution paid Jul 10, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).
Questions people ask
- Which is cheaper, FGSI or XQQI?
- FGSI charges 0.85% a year and XQQI charges 0.98%, so FGSI 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, FGSI against XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/fgsi-vs-xqqi Free to use with attribution; the underlying files are at Open data.