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Data as of .

ISPY vs QQQI: which paid, and which earned it?

Over the year QQQI paid 14.2% of its price in cash against ISPY’s 5.7%, and returned more with it reinvested.

ProShares S&P 500 High Income ETF and NEOS Nasdaq-100(R) High Income ETF, side by side, income ETFs on ETFIQ.

5.7%ISPY cash paid, 1 year
14.2%QQQI cash paid, 1 year
+14.4%ISPY total return, 1 year
+16.9%QQQI total return, 1 year

ETFIQ Return Stability Score: ISPY scores higher

Was the payout funded by returns, or by your own capital?

ISPY 70.7QQQI 553.2, the lowest in this set96.9, the highest

A percentile among the 161 income ETFs writing on an index or proxy. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

ISPY3.1 pts behind SPY · 1 year to Sep 11, 2026
SPY+17.5%ISPY+14.4%5.7% as cash3.1 pts behind SPYTotal return, distributions reinvestedSPY+17.5%ISPY+14.4%3.1 pts behind SPY
QQQI6.1 pts behind QQQ · 1 year to Sep 11, 2026
QQQ+23.0%QQQI+16.9%14.2% of it arrived as cash6.1 pts behind QQQTotal return, distributions reinvestedQQQ+23.0%QQQI+16.9%14.2% cash6.1 pts behind QQQ

What they hold in common

By the books each fund has filed, ISPY and QQQI hold 0% of their money in the same securities at the same weight.

Largest positions each one holds and the other does not
Only in ISPYOnly in QQQI
ProShares GENIUS Money Market ETF 10.56%NVIDIA Corp 7.66%
NVIDIA Corp. 7.07%Apple Inc 6.63%
Apple, Inc. 6.31%Micron Technology Inc 5.61%
Microsoft Corp. 4.60%Microsoft Corp 4.38%
Amazon.com, Inc. 3.64%Advanced Micro Devices Inc 4.12%
Alphabet, Inc. 3.05%Amazon.com Inc 4.05%
Broadcom, Inc. 2.92%Tesla Inc 3.35%
Alphabet, Inc. 2.42%Alphabet Inc 3.32%

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 Jun 30, 2026 and May 31, 2026.

Performance, window by window

ISPY and QQQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
ISPYQQQIISPYQQQIISPYQQQI
3 months+1.8%+0.7%1.5%3.5%−1.5 pts+1.4 pts
6 months+12.8%+13.7%3.5%7.5%−3.2 pts−7.0 pts
1 year+14.4%+16.9%5.7%14.2%−3.1 pts−6.1 pts
Since launch+53.4%+58.2%25.8%38.6%−14.8 pts−12.1 pts
Open the live comparison on ETFIQ
ISPY and QQQI on the same fields, as of Sep 11, 2026. Source: ETFIQ.
ISPY
ProShares S&P 500 High Income ETF
Covered call on SPY, paying monthly
QQQI
NEOS Nasdaq-100(R) High Income ETF
Covered call on QQQ, paying monthly
IssuerProSharesNEOS
Strategycovered callcovered call
BenchmarkS&P 500 (SPY)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized5.8%14.3%
Expense ratio0.56%0.68%
Cash paid, 1 year5.7%14.2%
Price change, 1 year+8.4%+1.5%
Total return, 1 year+14.4%+16.9%
Benchmark return, 1 year+17.5%+23.0%
Ahead or behind−3.1 pts−6.1 pts
Return of capital, latest estimatenot published98%
Age996 days955 days

ISPY in plain words

Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting value in cash distributions while its price rose 8.4%. With every distribution reinvested, the fund returned +14.4%. S&P 500 (SPY) returned +17.5% over the same days, so a holder was behind by 3.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 5.8%, paid monthly.

QQQI in plain words

Over the year to Sep 11, 2026, QQQI paid 14.2% of its starting value in cash distributions while its price rose 1.5%. With every distribution reinvested, the fund returned +16.9%. Nasdaq-100 (QQQ) returned +23.0% over the same days, so a holder was behind by 6.1 pts. At its price on Sep 11, 2026 the latest distribution annualizes to 14.3%, paid monthly. NEOS estimates that 98% of the distribution paid Jun 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, ISPY or QQQI?
Over the year to Sep 11, 2026, ISPY paid 5.7% of its starting price in cash and QQQI paid 14.2%, so QQQI paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, ISPY or QQQI?
With every distribution reinvested, ISPY returned +14.4% and QQQI returned +16.9% over the year to Sep 11, 2026, so QQQI returned more.
Which is cheaper, ISPY or QQQI?
ISPY charges 0.56% a year and QQQI charges 0.68%, so ISPY 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.

ISPY against QQQI, ETFIQ, data as of Sep 11, 2026. Every figure is arithmetic on a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, ISPY against QQQI, data as of Sep 11, 2026. https://etfiq.com/compare/income/ispy-vs-qqqi Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources