Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

OEI and XQQI both write options for income.

Optimized Equity Income ETF and NEOS Boosted Nasdaq-100(R) High Income ETF.

8.6%OEI cash paid, 1 year
13.7%XQQI cash paid, 1 year
+14.4%OEI total return, 1 year
+14.3%XQQI total return, 1 year
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%8.6% cash0.9 pts behind SPY
XQQI2.9 pts behind QQQ · since launch to Sep 18, 2026
QQQ+17.3%XQQI+14.3%13.7% of it arrived as cash2.9 pts behind QQQTotal return, distributions reinvestedQQQ+17.3%XQQI+14.3%13.7% as cash2.9 pts behind QQQ

What they hold in common

By the books each fund has filed, OEI and XQQI hold 52% of their money in the same securities at the same weight.

Positions OEI and XQQI both hold, largest shared weight first
HoldingOEIXQQI
NVIDIA Corp8.32%8.70%
Microsoft Corp5.99%5.94%
Amazon.com Inc4.56%4.39%
Apple Inc4.28%7.91%
Alphabet Inc3.48%3.28%
Alphabet Inc2.79%3.02%
Broadcom Inc3.04%2.75%
Micron Technology Inc2.57%5.12%
Meta Platforms Inc2.18%3.27%
Advanced Micro Devices Inc1.56%4.08%
Cisco Systems Inc1.54%1.91%
Tesla Inc1.46%3.01%
Only in each
Only in OEIOnly in XQQI
Johnson & Johnson 2.10%Palo Alto Networks Inc 1.36%
ExxonMobil Holdings Corp 2.07%Sandisk Corp 1.20%
Eli Lilly & Co 1.80%Crowdstrike Holdings Inc 1.13%
JPMorgan Chase & Co 1.65%KLA CORP 1.08%
Berkshire Hathaway Inc 1.60%Space Exploration Technologies Corp 1.01%
AbbVie Inc 1.57%MARVELL TECHNOLOGY INC 0.99%
Mastercard Inc 1.57%Linde PLC 0.97%
General Electric Co 1.41%Seagate Technology Holdings PLC 0.90%

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 Sep 21, 2026.

Performance, window by window

OEI and XQQI over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
OEIXQQIOEIXQQIOEIXQQI
3 months+4.8%−2.7%2.3%4.8%+2.5 pts−0.2 pts
6 months+12.5%+21.8%4.9%11.4%−5.6 pts−2.4 pts
Since launch+14.4%+14.3%8.6%13.7%−0.9 pts−2.9 pts
Open the live comparison on ETFIQ
OEI and XQQI on the same fields, as of Sep 18, 2026. Source: ETFIQ.
OEI
Optimized Equity Income ETF
Option income on SPY, paying monthly
XQQI
NEOS Boosted Nasdaq-100(R) High Income ETF
Option income on QQQ, paying monthly
IssuerCore AlternativeNEOS
Strategyoption incomeoption income
BenchmarkS&P 500 (SPY), used as a default proxyNasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized9.2%20.5%
Expense ratio1.02%0.98%
Cash paid, 1 year8.6% (since launch on Oct 22, 2025)13.7% (since launch on Feb 3, 2026)
Price change, 1 year+5.2%−0.3%
Total return, 1 year+14.4% (since launch on Oct 22, 2025)+14.3% (since launch on Feb 3, 2026)
Benchmark return, 1 year+15.3%+17.3%
Ahead or behind−0.9 pts−2.9 pts
Return of capital, latest estimatenot published100%
Age331 days227 days
Net assets$46m$351m

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.

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, OEI or XQQI?
OEI charges 1.02% a year and XQQI charges 0.98%, so XQQI 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.

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

How every figure is computed · Standards and sources