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Data as of .

IQQQ vs OEI: which paid, and which earned it?

IQQQ and OEI both write options for income.

ProShares Nasdaq-100 High Income ETF and Optimized Equity Income ETF.

6.5%IQQQ cash paid, 1 year
8.6%OEI cash paid, 1 year
+17.7%IQQQ total return, 1 year
+14.4%OEI total return, 1 year
IQQQ4.1 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%IQQQ+17.7%6.5% as cash4.1 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%IQQQ+17.7%4.1 pts behind QQQ
OEI0.9 pts behind SPY · since launch to Sep 18, 2026
SPY+15.3%OEI+14.4%8.6% of it arrived as cash0.9 pts behind SPYTotal return, distributions reinvestedSPY+15.3%OEI+14.4%0.9 pts behind SPY

What they hold in common

By the books each fund has filed, IQQQ and OEI hold 48% of their money in the same securities at the same weight.

Positions IQQQ and OEI both hold, largest shared weight first
HoldingIQQQOEI
NVIDIA Corp.7.54%8.32%
Microsoft Corp.4.92%5.99%
Apple, Inc.6.74%4.28%
Amazon.com, Inc.4.27%4.56%
Alphabet, Inc.3.25%3.48%
Broadcom, Inc.3.11%3.04%
Micron Technology, Inc.4.44%2.57%
Meta Platforms, Inc.2.74%2.18%
Advanced Micro Devices, Inc.3.41%1.56%
Cisco Systems, Inc.1.93%1.54%
Tesla, Inc.3.20%1.46%
Intel Corp.2.33%1.34%
Only in each
Only in IQQQOnly in OEI
ProShares GENIUS Money Market ETF 7.60%Alphabet Inc 2.79%
Alphabet, Inc. 3.01%Johnson & Johnson 2.10%
KLA Corp. 1.02%ExxonMobil Holdings Corp 2.07%
Sandisk Corp. 1.01%Eli Lilly & Co 1.80%
Linde plc 0.94%JPMorgan Chase & Co 1.65%
Palo Alto Networks, Inc. 0.93%Berkshire Hathaway Inc 1.60%
T-Mobile US, Inc. 0.84%AbbVie Inc 1.57%
Analog Devices, Inc. 0.82%Mastercard Inc 1.57%

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 Jul 31, 2026 and May 31, 2026.

Performance, window by window

IQQQ and OEI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
IQQQOEIIQQQOEIIQQQOEI
3 months−3.1%+4.8%1.8%2.3%−0.6 pts+2.5 pts
6 months+19.1%+12.5%4.2%4.9%−5.1 pts−5.6 pts
1 year+17.7%not published6.5%not published−4.1 ptsnot published
Since launch+51.5%+14.4%24.4%8.6%−13.0 pts−0.9 pts
Open the live comparison on ETFIQ
IQQQ and OEI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
IQQQ
ProShares Nasdaq-100 High Income ETF
Option income on QQQ, paying monthly
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
IssuerProSharesCore Alternative
Strategyoption incomeoption income
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized5.7%9.2%
Expense ratio0.97%1.02%
Cash paid, 1 year6.5%8.6% (since launch on Oct 22, 2025)
Price change, 1 year+10.8%+5.2%
Total return, 1 year+17.7%+14.4% (since launch on Oct 22, 2025)
Benchmark return, 1 year+21.8%+15.3%
Ahead or behind−4.1 pts−0.9 pts
Return of capital, latest estimatenot publishednot published
Age912 days331 days
Net assets$405m$46m

IQQQ in plain words

Over the year to Sep 18, 2026, IQQQ paid 6.5% of its starting value in cash distributions while its price rose 10.8%. With every distribution reinvested, the fund returned +17.7%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 4.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 5.7%, paid monthly.

OEI in plain words

Over the period since launch on Oct 22, 2025 to Sep 18, 2026, OEI paid 8.6% of its starting value in cash distributions while its price rose 5.2%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY), used as a default proxy returned +15.3% over the same days, so a holder was behind by 0.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 9.2%, paid monthly.

Questions people ask

Which is cheaper, IQQQ or OEI?
IQQQ charges 0.97% a year and OEI charges 1.02%, so IQQQ 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.

IQQQ against OEI, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, IQQQ against OEI, data as of Sep 18, 2026. https://etfiq.com/compare/income/iqqq-vs-oei Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources