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Data as of .

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

Over the year QQQI paid 15.2% of its price in cash against QUSA’s 13.8%, and returned more with it reinvested.

NEOS Nasdaq-100(R) High Income ETF and VistaShares Target 15 USA Quality Income ETF.

15.2%QQQI cash paid, 1 year
13.8%QUSA cash paid, 1 year
+16.4%QQQI total return, 1 year
+3.5%QUSA total return, 1 year

ETFIQ Return Stability Score: QQQI scores higher

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

QQQI 50.5QUSA 21.43.8, the lowest in this set96.8, the highest

A percentile among the 173 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

QQQI5.3 pts behind QQQ · 1 year to Sep 18, 2026
QQQ+21.8%QQQI+16.4%15.2% of it arrived as cash5.3 pts behind QQQTotal return, distributions reinvestedQQQ+21.8%QQQI+16.4%15.2% as cash5.3 pts behind QQQ
QUSA11.7 pts behind QUAL · 1 year to Sep 18, 2026
QUAL+15.2%QUSA+3.5%13.8% cash11.7 pts behind QUALTotal return, distributions reinvestedQUAL+15.2%QUSA+3.5%11.7 pts behind QUAL

What they hold in common

By the books each fund has filed, QQQI and QUSA hold 39% of their money in the same securities at the same weight.

Positions QQQI and QUSA both hold, largest shared weight first
HoldingQQQIQUSA
Apple Inc6.63%5.99%
NVIDIA Corp7.66%5.78%
Microsoft Corp4.38%6.08%
Broadcom Inc2.82%4.70%
Meta Platforms Inc2.65%4.28%
Applied Materials Inc2.51%2.61%
Lam Research Corp2.37%3.47%
Walmart Inc2.36%4.17%
Alphabet Inc3.32%2.22%
Alphabet Inc3.07%1.84%
Costco Wholesale Corp1.77%4.40%
KLA Corp1.69%2.69%
Only in each
Only in QQQIOnly in QUSA
Micron Technology Inc 5.61%Berkshire Hathaway Inc 5.35%
Advanced Micro Devices Inc 4.12%Caterpillar Inc 4.91%
Amazon.com Inc 4.05%Coca-Cola Co/The 4.33%
Tesla Inc 3.35%Eli Lilly & Co 4.24%
Intel Corp 2.99%Procter & Gamble Co/The 3.85%
Cisco Systems Inc 1.97%Visa Inc 3.37%
Sandisk Corp 1.43%Blackrock Inc 2.99%
Palo Alto Networks Inc 1.22%Johnson & Johnson 2.93%

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 Sep 21, 2026.

Performance, window by window

QQQI and QUSA over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QQQIQUSAQQQIQUSAQQQIQUSA
3 months−0.7%−1.9%3.4%3.6%+1.8 pts−3.6 pts
6 months+16.7%+10.4%7.7%7.8%−7.5 pts−4.3 pts
1 year+16.4%+3.5%15.2%13.8%−5.3 pts−11.7 pts
Since launch+59.6%+4.9%39.9%15.1%−12.3 pts−25.8 pts
Open the live comparison on ETFIQ
QQQI and QUSA on the same fields, as of Sep 18, 2026. Source: ETFIQ.
QQQI
NEOS Nasdaq-100(R) High Income ETF
Option income on QQQ, paying monthly
QUSA
VistaShares Target 15 USA Quality Income ETF
Covered call on QUAL, paying monthly
IssuerNEOSVistaShares
Strategyoption incomecovered call
BenchmarkNasdaq-100 (QQQ)USA Quality (QUAL), used as the quality proxy
Paysmonthlymonthly
Payout rate, annualized14.0%15.3%
Expense ratio0.68%0.97%
Cash paid, 1 year15.2%13.8%
Price change, 1 year−0.1%−11.0%
Total return, 1 year+16.4%+3.5%
Benchmark return, 1 year+21.8%+15.2%
Ahead or behind−5.3 pts−11.7 pts
Return of capital, latest estimate98%not published
Age962 days500 days
Net assets$14.8bn$22m

QQQI in plain words

Over the year to Sep 18, 2026, QQQI paid 15.2% of its starting value in cash distributions while its price fell 0.1%. With every distribution reinvested, the fund returned +16.4%. Nasdaq-100 (QQQ) returned +21.8% over the same days, so a holder was behind by 5.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 14.0%, 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).

QUSA in plain words

Over the year to Sep 18, 2026, QUSA paid 13.8% of its starting value in cash distributions while its price fell 11.0%. With every distribution reinvested, the fund returned +3.5%. USA Quality (QUAL), used as the quality proxy returned +15.2% over the same days, so a holder was behind by 11.7 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which paid more, QQQI or QUSA?
Over the year to Sep 18, 2026, QQQI paid 15.2% of its starting price in cash and QUSA paid 13.8%, 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, QQQI or QUSA?
With every distribution reinvested, QQQI returned +16.4% and QUSA returned +3.5% over the year to Sep 18, 2026, so QQQI returned more.
Which is cheaper, QQQI or QUSA?
QQQI charges 0.68% a year and QUSA charges 0.97%, so QQQI 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.

QQQI against QUSA, 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, QQQI against QUSA, data as of Sep 18, 2026. https://etfiq.com/compare/income/qqqi-vs-qusa Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources