Data as of Nov 4, 2026.
NLSI vs QQQI: Dividend Yield & Total Return
NLSI and QQQI both write options for income.
askIQ about this page
askIQ about NLSI and QQQI
Net assets on Oct 28, 2026: $5.3m for NEOS Long/Short Equity Income ETF and $15.5bn for NEOS Nasdaq-100 High Income ETF.
5 pts ahead of SPY
NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
SPY
+12.7%
NLSI
+17.7%
5.0% as cash
5 pts ahead of SPY
Total return, distributions reinvested
5 pts ahead of SPY
NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
SPY
+12.7%
NLSI
+17.7%
5 pts ahead of SPY
5.0% of it arrived as cash. Total return, distributions reinvested. NLSI since launch: paid 5.0%, price +12.0%, total +17.7%, SPY +12.7%, +5.0 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
13.9% of it arrived as cash
3.4 pts behind QQQ
Total return, distributions reinvested
3.4 pts behind QQQ
QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
QQQ
+12.3%
QQQI
+8.9%
3.4 pts behind QQQ
13.9% of it arrived as cash. Both charts share one scale, with zero at the line. QQQI over 1 year: paid 13.9%, price −5.4%, total +8.9%, QQQ +12.3%, −3.4 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
QQQI costs 2.21 points a year less; QQQI is far larger, $15.5bn against $5.3m.
Points (pts) are percentage points.
| Measure | NLSI | QQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | not published | +8.9% |
| Price change | rose 12.0% (since Dec 10, 2025) | fell 5.4% (1 year) |
| Return of capital, issuer estimate | 100% of the Oct 30, 2026 payment | 100% of the Oct 23, 2026 payment |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Nasdaq-100, measured through QQQ |
| Against its benchmark, same days | ahead by 5.0 pts | behind by 3.4 pts |
| Cost and size | ||
| Expense ratio | 2.89% | 0.68% |
| Net assets, as of Oct 28, 2026 | $5.3m | $15.5bn |
| Holdings | ||
| Holdings in common | 8% | |
Risk and return
Dec 19, 2025 to Oct 30, 2026 · 45 weekly returnsFrom Dec 2025 to Oct 2026, NLSI returned more: +20.7% to +7.8%. QQQI fell less at its worst: −8.1% to −13.3%.
Full scorecard
3 measures, with how each is measured Open ↓
| Measure | NLSI | QQQI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +20.7% | +7.8% | NLSI | Price change plus distributions, reinvested. |
| Price return | +15.0% | −5.3% | NLSI | Price change alone, distributions left out. |
| Risk | ||||
| Max drawdown | −13.3% | −8.1% | QQQI | Deepest fall from a high to the low after it. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 45 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, NLSI and QQQI hold 8% of their money in the same securities at the same weight. Holdings dated Nov 3, 2026.
half
8% in common
Only in one fund ↓
Side by side
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
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | NLSI | QQQI | NLSI | QQQI | NLSI | QQQI |
| 3 months | +6.7% | −2.2% | 1.4% | 3.5% | +6.9 pts | +1.3 pts |
| 6 months | +21.4% | −0.2% | 3.0% | 6.9% | +16.4 pts | +0.1 pts |
| 1 year | – | +8.9% | – | 13.9% | – | −3.4 pts |
| Since launchNot the same days: NLSI Dec 2025 · QQQI Jan 2024 | +17.7% | +53.8% | 5.0% | 41.2% | +4.9 pts | −11.2 pts |
– means no data for this window. Open this comparison in the app →
No client brief for this pair: ETFIQ prints no one-year total return for NLSI.
NLSI
Over the period from its first trade on Dec 10, 2025 to Nov 4, 2026, NLSI paid 5.0% of its starting value in cash distributions while its price rose 12.0%. With every distribution reinvested, the fund returned +17.7%. S&P 500 (SPY) returned +12.7% over the same days, so a holder was ahead by 5.0 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 5.6%, paid monthly. NEOS estimates that 100% 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.
QQQI
Over the year to Nov 4, 2026, QQQI paid 13.9% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +8.9%. Nasdaq-100 (QQQ) returned +12.3% over the same days, so a holder was behind by 3.4 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 14.7%, paid monthly. NEOS estimates that 100% of the distribution paid Oct 23, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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, NLSI against QQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/nlsi-vs-qqqi
ETFIQ. (Nov 4, 2026). NLSI against QQQI. Retrieved from https://etfiq.com/compare/income/nlsi-vs-qqqi
[NLSI against QQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/nlsi-vs-qqqi)
Free to use with attribution for data ETFIQ computes; issuer data stays under its owner's terms.