Which is cheaper, FTQI or XQQI?

FTQI charges 0.75% a year and XQQI charges 0.98%, so FTQI is cheaper. Fees come from each fund's prospectus.

Data as of Nov 4, 2026.

Income ETFs

FTQI vs XQQI: Dividend Yield & Total Return

FTQI and XQQI both write options for income.

askIQ about this page

Net assets: $997m on Nov 3, 2026 for First Trust Nasdaq BuyWrite Income ETF, and $408m on Oct 28, 2026 for NEOS Boosted Nasdaq-100 High Income ETF.

FTQI on its own →XQQI on its own →

At a glance

12.1%

FTQI cash paid, 1 year

17.0%

XQQI cash paid, since launch, Feb 3, 2026

+16.5%

FTQI total return, 1 year

+7.7%

XQQI total return, since launch, Feb 3, 2026

FTQI · 1 year to Nov 4, 2026 4.2 pts ahead of QQQ

FTQI

+16.5%

QQQ

+12.3%

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% of it arrived as cash

4.2 pts ahead of QQQ

Total return, distributions reinvested

4.2 pts ahead of QQQ

FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

QQQ

+12.3%

FTQI

+16.5%

12.1% as cash

4.2 pts ahead of QQQ

12.1% of it arrived as cash. Total return, distributions reinvested. FTQI over 1 year: paid 12.1%, price +3.5%, total +16.5%, QQQ +12.3%, +4.2 pts. Data to Nov 4, 2026.

Data to Nov 4, 2026.

XQQI · since launch to Nov 4, 2026 4.9 pts behind QQQ

XQQI

+7.7%

QQQ

+12.6%

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%

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

FTQI costs 0.23 points a year less; FTQI is 2.5 times larger.

Points (pts) are percentage points.

FTQI vs XQQI: Dividend Yield & Total Return
Measure	FTQI	XQQI
Paid and earned
Measure	FTQI	XQQI
Total return, 1 year	+16.5%	not published
Price change	rose 3.5% (1 year)	fell 9.2% (since Feb 3, 2026)
Return of capital, issuer estimate	99% of the Oct 30, 2026 payment	100% of the Oct 9, 2026 payment
Against its benchmark
Measure	FTQI	XQQI
Benchmark	Nasdaq-100, measured through QQQ	Nasdaq-100, measured through QQQ
Cost and size
Measure	FTQI	XQQI
Expense ratio	0.75%	0.98%
Net assets, as of Oct 28, 2026	$1.0bn	$408m
Holdings
Measure	FTQI	XQQI
Holdings in common	52%

Method

What they share

52%

By the books each fund has filed, FTQI and XQQI hold 52% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.

50%

0 half 100%

half

52% in common

Positions both hold · largest shared weight first FTQI XQQI

Apple Inc. 8.98% 8.50%

NVIDIA Corporation 6.22% 8.71%

Amazon.com, Inc. 4.23% 4.74%

Advanced Micro Devices, Inc. 4.73% 3.78%

Tesla, Inc. 3.05% 3.64%

Meta Platforms, Inc. (Class A) 2.67% 3.22%

Micron Technology, Inc. 2.01% 4.63%

Cisco Systems, Inc. 3.10% 1.99%

Palantir Technologies Inc. (Class A) 2.60% 1.96%

Alphabet Inc. (Class A) 1.72% 2.90%

Alphabet Inc. (Class C) 1.72% 2.70%

Broadcom Inc. 1.64% 2.78%

Only in one fund ↓

Only in FTQI

AbbVie Inc. 1.48%

CME Group Inc. 1.10%

eBay Inc. 0.94%

Medpace Holdings, Inc. 0.86%

Expedia Group, Inc. 0.84%

Woodward, Inc. 0.81%

Illumina, Inc. 0.79%

DocuSign, Inc. 0.70%

Only in XQQI

Walmart Inc 2.93%

Texas Instruments Inc 1.38%

Crowdstrike Holdings Inc 1.21%

Linde PLC 1.18%

Space Exploration Technologies Corp 1.03%

Analog Devices Inc 0.99%

PepsiCo Inc 0.91%

QUALCOMM Inc 0.87%

Check overlap with more funds →

Side by side

FTQI First Trust Nasdaq BuyWrite Income ETF · Covered call on QQQ, paying monthly XQQI NEOS Boosted Nasdaq-100 High Income ETF · Option income on QQQ, paying monthly

Issuer First Trust NEOS

Strategy covered call option income

Benchmark Nasdaq-100 (QQQ) Nasdaq-100 (QQQ)

Pays monthly monthly

Payout rate, annualized 12.3% 20.2%

Expense ratio 0.75% 0.98%

Cash paid, 1 year 12.1% 17.0% (since launch, Feb 3, 2026)

Price change, 1 year +3.5% −9.2% (since launch, Feb 3, 2026)

Total return, 1 year +16.5% +7.7% (since launch, Feb 3, 2026)

Benchmark return, 1 year +12.3% +12.6% (since launch, Feb 3, 2026)

Ahead or behind +4.2 pts −4.9 pts (since launch, Feb 3, 2026)

Return of capital, latest estimate 99% 100%

Age 12.8 years 274 days

Net assets, FTQI as of Nov 3, 2026 and XQQI as of Oct 28, 2026 $997m $408m

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

Window by window: FTQI vs XQQI: Dividend Yield & Total Return
	Total return		Cash paid		Against the benchmark
Window	FTQI	XQQI	FTQI	XQQI	FTQI	XQQI
3 months	+0.4%	−4.1%	3.0%	5.0%	+3.8 pts	−0.6 pts
6 months	+6.6%	−3.0%	6.0%	10.0%	+6.9 pts	−2.6 pts
1 year	+16.5%	–	12.1%	–	+4.3 pts	–
3 years	+60.8%	–	38.1%	–	−30.5 pts	–
Since launchNot the same days: FTQI Jan 2014 · XQQI Feb 2026	+138.8%	+7.7%	81.1%	17.0%	−641.3 pts	−4.9 pts

– means no data for this window. Open this comparison in the app →

Alert

About each fund

FTQI

Over the year to Nov 4, 2026, FTQI paid 12.1% of its starting value in cash distributions while its price rose 3.5%. With every distribution reinvested, the fund returned +16.5%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was ahead by 4.2 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 12.3%, paid monthly. First Trust estimates that 99% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.

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).

Questions people ask

Which is cheaper, FTQI or XQQI?: FTQI charges 0.75% a year and XQQI charges 0.98%, so FTQI is cheaper. Fees come from each fund's prospectus.

Other comparisons

FTQI vs TDAQ FTQI vs QDTY FTQI vs GPIQ FTQI vs QYLD XQQI vs IQQQ XQQI vs GPIQ XQQI vs QYLD XQQI vs QQQI

Where to next

Nasdaq-100 (QQQ) →All income ETFs ranked by the Distribution Coverage Score →How the scores are computed →FTQI on its own →XQQI on its own →FTQI dividend history →FTQI holdings →XQQI dividend history →XQQI holdings →Method →Standards and sources →

Sources and dates

FTQI filings on SEC EDGAR ↗

FTQI prospectus with the expense ratio (SEC) ↗

FTQI 19a-1 distribution notice ↗

First Trust page for FTQI ↗

XQQI filings on SEC EDGAR ↗

XQQI prospectus with the expense ratio (SEC) ↗

XQQI 19a-1 distribution notice ↗

NEOS page for XQQI ↗

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, FTQI against XQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/ftqi-vs-xqqi

Open data →

Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.