Data as of .
FTQI vs XQQI: which paid, and which earned it?
FTQI and XQQI both write options for income.
What they hold in common
By the books each fund has filed, FTQI and XQQI hold 53% of their money in the same securities at the same weight.
| Holding | FTQI | XQQI |
|---|---|---|
| Apple Inc. | 8.76% | 7.91% |
| NVIDIA Corporation | 6.55% | 8.70% |
| Amazon.com, Inc. | 4.13% | 4.39% |
| Advanced Micro Devices, Inc. | 5.41% | 4.08% |
| Meta Platforms, Inc. (Class A) | 2.75% | 3.27% |
| Tesla, Inc. | 2.68% | 3.01% |
| Micron Technology, Inc. | 2.38% | 5.12% |
| Alphabet Inc. (Class A) | 2.06% | 3.28% |
| Alphabet Inc. (Class C) | 2.05% | 3.02% |
| Broadcom Inc. | 1.92% | 2.75% |
| Cisco Systems, Inc. | 3.18% | 1.91% |
| Palantir Technologies Inc. (Class A) | 2.54% | 1.86% |
| Only in FTQI | Only in XQQI |
|---|---|
| US Dollar 5.75% | Walmart Inc 2.38% |
| AbbVie Inc. 1.32% | Sandisk Corp 1.20% |
| CME Group Inc. 0.97% | Crowdstrike Holdings Inc 1.13% |
| eBay Inc. 0.85% | Texas Instruments Inc 1.12% |
| Caterpillar Inc. 0.82% | Space Exploration Technologies Corp 1.01% |
| Expedia Group, Inc. 0.79% | MARVELL TECHNOLOGY INC 0.99% |
| F5, Inc. 0.79% | Linde PLC 0.97% |
| Illumina, Inc. 0.76% | Analog Devices Inc 0.86% |
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 | |||
|---|---|---|---|---|---|---|
| FTQI | XQQI | FTQI | XQQI | FTQI | XQQI | |
| 3 months | +4.0% | −2.7% | 2.9% | 4.8% | +6.5 pts | −0.2 pts |
| 6 months | +18.3% | +21.8% | 6.3% | 11.4% | −5.9 pts | −2.4 pts |
| 1 year | +21.5% | not published | 12.0% | not published | −0.3 pts | not published |
| 3 years | +62.9% | not published | 37.0% | not published | −35.3 pts | not published |
| Since launch | +141.7% | +14.3% | 78.8% | 13.7% | −675.0 pts | −2.9 pts |
| FTQI First Trust Nasdaq BuyWrite Income ETF Covered call on QQQ, paying monthly | XQQI NEOS Boosted Nasdaq-100(R) 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 | 11.9% | 20.5% |
| Expense ratio | 0.75% | 0.98% |
| Cash paid, 1 year | 12.0% | 13.7% (since launch on Feb 3, 2026) |
| Price change, 1 year | +8.0% | −0.3% |
| Total return, 1 year | +21.5% | +14.3% (since launch on Feb 3, 2026) |
| Benchmark return, 1 year | +21.8% | +17.3% |
| Ahead or behind | −0.3 pts | −2.9 pts |
| Return of capital, latest estimate | not published | 100% |
| Age | 4637 days | 227 days |
| Net assets | $975m | $351m |
FTQI in plain words
Over the year to Sep 18, 2026, FTQI paid 12.0% of its starting value in cash distributions while its price rose 8.0%. With every distribution reinvested, the fund returned +21.5%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 11.9%, 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, 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
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, FTQI against XQQI, data as of Sep 18, 2026. https://etfiq.com/compare/income/ftqi-vs-xqqi Free to use with attribution; the underlying files are at Open data.