Data as of Nov 4, 2026.
OEI vs QQQI: Dividend Yield & Total Return
Over the year to Nov 4, 2026, QQQI paid 13.9% of its price in cash against OEI’s 9.2%, though OEI returned more with it reinvested.
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Net assets: $46m on Jul 31, 2026 for Optimized Equity Income ETF, and $15.5bn on Oct 28, 2026 for NEOS Nasdaq-100 High Income ETF.
1.9 pts behind SPY
OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.
SPY
+14.8%
OEI
+12.9%
9.2% of it arrived as cash
1.9 pts behind SPY
Total return, distributions reinvested
1.9 pts behind SPY
OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 pts. Data to Nov 4, 2026.
SPY
+14.8%
OEI
+12.9%
9.2% cash
1.9 pts behind SPY
9.2% of it arrived as cash. Total return, distributions reinvested. OEI over 1 year: paid 9.2%, price +3.0%, total +12.9%, SPY +14.8%, −1.9 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%
13.9% cash
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 0.34 points a year less; their one-year returns differ by 4.0 points.
Points (pts) are percentage points.
| Measure | OEI | QQQI |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | +12.9% | +8.9% |
| Price change, 1 year | rose 3.0% | fell 5.4% |
| Return of capital, issuer estimate | 100% of the Oct 23, 2026 payment | |
| Against its benchmark | ||
| Benchmark | S&P 500, measured through SPY | Nasdaq-100, measured through QQQ |
| Cost and size | ||
| Expense ratio | 1.02% | 0.68% |
| Net assets, OEI as of Jul 31, 2026 and QQQI as of Oct 28, 2026 | $46m | $15.5bn |
| Holdings | ||
| Holdings in common | 51% | |
How much of its payouts the fund's total return covered, ranked against 167 income ETFs not writing on a single company. 100 is best. How it is computed
One year only, and a ratio of two published numbers: it says nothing about where a distribution came from. All income ETFs ranked by it →
Risk and return
Oct 31, 2025 to Oct 30, 2026 · 52 weekly returnsEach against its own benchmark: OEI against SPY, Oct 31, 2025 to Oct 30, 2026; QQQI against QQQ, Feb 9, 2024 to Oct 30, 2026.
From Oct 2025 to Oct 2026, OEI returned more: +9.7% to +7.1%. OEI swung less: 7.6% to 15.5%. OEI fell less at its worst: −5.6% to −8.1%.
Full scorecard
19 measures, with how each is measured Open ↓
| Measure | OEI | QQQI | Edge | How it is measured |
|---|---|---|---|---|
| Return | ||||
| Total return | +9.7% | +7.1% | OEI | Price change plus distributions, reinvested. |
| Annualized | +9.7% | +7.1% | OEI | Total return as a yearly rate. |
| Price return | +0.1% | −7.0% | OEI | Price change alone, distributions left out. |
| Risk | ||||
| Volatility | 7.6% | 15.5% | OEI | Spread of weekly returns, annualized. Lower is steadier. |
| Downside deviation | 4.9% | 10.7% | OEI | Like volatility, counting only weeks below the Treasury bill rate. |
| Max drawdown | −5.6% | −8.1% | OEI | Deepest fall from a high to the low after it. |
| Upside capture | 57.8% | 69.5% | Share of its benchmark's rise caught in the weeks it rose. | |
| Downside capture | 67.0% | 85.5% | Share of its benchmark's fall taken in the weeks it fell. Lower is better. | |
| Beta | 0.55 | 0.80 | Not an edge | How far it moves for each 1% its benchmark moves. |
| R squared | 0.75 | 0.98 | Not an edge | Share of its weekly moves its benchmark explains. |
| Risk-adjusted | ||||
| Sharpe | 0.76 | 0.28 | OEI | Return above Treasury bills per unit of volatility. |
| Sortino | 1.17 | 0.40 | OEI | Return above Treasury bills per unit of downside deviation. |
| Treynor | 0.105 | 0.148 | Return above Treasury bills per unit of beta. | |
| Calmar | 1.75 | 0.88 | OEI | Annualized return divided by the max drawdown. |
| Against the benchmark | ||||
| Benchmark | SPY | QQQ | The ETF each fund is measured against. | |
| Alpha | +1.2% a year | −0.1% a year | Not significant | Yearly return beyond what its beta to the benchmark predicts. |
| Alpha t-stat | 0.32 | −0.05 | Not an edge | How sure the alpha is. Below 2, it could be chance. |
| Alpha range | −6.5% to +9.0% | −3.1% to +2.9% | Includes zero | The 95% range for the yearly alpha. |
| Information ratio | −0.37 | −0.66 | Return against its benchmark per unit of tracking error. | |
| Tracking error | 6.6% | 4.8% | Not an edge | How far weekly returns stray from the benchmark, annualized. |
Computed by ETFIQ from Tiingo daily prices and ETFIQ's distribution records, 52 weekly returns. Cash rate: the 13-week Treasury bill.
What they share
By the books each fund has filed, OEI and QQQI hold 51% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 3, 2026.
half
51% 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 | OEI | QQQI | OEI | QQQI | OEI | QQQI |
| 3 months | +3.3% | −2.2% | 2.4% | 3.5% | +3.4 pts | +1.3 pts |
| 6 months | +6.3% | −0.2% | 4.7% | 6.9% | +1.3 pts | +0.1 pts |
| 1 year | +12.9% | +8.9% | 9.2% | 13.9% | −1.9 pts | −3.4 pts |
| Since launchNot the same days: OEI Oct 2025 · QQQI Jan 2024 | +15.0% | +53.8% | 9.4% | 41.2% | −1.1 pts | −11.2 pts |
Client brief:
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OEI
Over the year to Nov 4, 2026, OEI paid 9.2% of its starting value in cash distributions while its price rose 3.0%. With every distribution reinvested, the fund returned +12.9%. S&P 500 (SPY) returned +14.8% over the same days, so a holder was behind by 1.9 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 9.6%, paid monthly.
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). That is a tax label, not a measure of erosion.
Questions people ask
Links are sources, not endorsements. A comparison is not a recommendation.
How this is computed
It is a place in a set, not a rating or a recommendation.
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, OEI against QQQI, data as of Nov 4, 2026. https://etfiq.com/compare/income/oei-vs-qqqi
ETFIQ. (Nov 4, 2026). OEI against QQQI. Retrieved from https://etfiq.com/compare/income/oei-vs-qqqi
[OEI against QQQI (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/oei-vs-qqqi)
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