Get the weekly note
ETFIQetfiq.com · independent ETF data

Data as of .

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

QQQI and ROCQ both write options for income.

NEOS Nasdaq-100(R) High Income ETF and JPMorgan Nasdaq Equity Premium Yield ETF.

15.2%QQQI cash paid, 1 year
5.8%ROCQ cash paid, 1 year
+16.4%QQQI total return, 1 year
+18.0%ROCQ total return, 1 year
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
ROCQ4 pts behind QQQ · since launch to Sep 18, 2026
QQQ+21.9%ROCQ+18.0%5.8% as cash4 pts behind QQQTotal return, distributions reinvestedQQQ+21.9%ROCQ+18.0%4 pts behind QQQ

What they hold in common

By the books each fund has filed, QQQI and ROCQ hold 66% of their money in the same securities at the same weight.

Positions QQQI and ROCQ both hold, largest shared weight first
HoldingQQQIROCQ
NVIDIA Corp8.58%8.37%
Apple Inc7.79%7.12%
Microsoft Corp5.84%5.03%
Micron Technology Inc5.03%6.70%
Amazon.com Inc4.36%4.52%
Advanced Micro Devices Inc4.02%4.74%
Alphabet Inc3.24%6.30%
Meta Platforms Inc3.14%2.94%
Tesla Inc2.91%2.94%
Broadcom Inc2.70%2.93%
Intel Corp2.44%3.58%
Walmart Inc2.28%3.50%
Only in each
Only in QQQIOnly in ROCQ
Alphabet Inc 2.99%Johnson & Johnson 0.95%
Cisco Systems Inc 1.92%Coca-Cola Co. (The) 0.75%
Costco Wholesale Corp 1.74%Norfolk Southern Corp. 0.73%
Applied Materials Inc 1.58%AbbVie, Inc. 0.65%
Crowdstrike Holdings Inc 1.07%Southern Co. (The) 0.46%
Texas Instruments Inc 1.07%Entergy Corp. 0.42%
KLA CORP 1.03%Hilton Worldwide Holdings, Inc. 0.42%
Linde PLC 0.94%International Business Machines Corp. 0.40%

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 ROCQ over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QQQIROCQQQQIROCQQQQIROCQ
3 months−0.7%0.0%3.4%3.0%+1.8 pts+2.5 pts
6 months+16.7%+20.0%7.7%5.9%−7.5 pts−4.2 pts
1 year+16.4%not published15.2%not published−5.3 ptsnot published
Since launch+59.6%+18.0%39.9%5.8%−12.3 pts−4.0 pts
Open the live comparison on ETFIQ
QQQI and ROCQ 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
ROCQ
JPMorgan Nasdaq Equity Premium Yield ETF
Covered call on QQQ, paying monthly
IssuerNEOSJPMorgan
Strategyoption incomecovered call
BenchmarkNasdaq-100 (QQQ)Nasdaq-100 (QQQ)
Paysmonthlymonthly
Payout rate, annualized14.0%10.6%
Expense ratio0.68%not published
Cash paid, 1 year15.2%5.8% (since launch on Mar 19, 2026)
Price change, 1 year−0.1%+12.0%
Total return, 1 year+16.4%+18.0% (since launch on Mar 19, 2026)
Benchmark return, 1 year+21.8%+21.9%
Ahead or behind−5.3 pts−4.0 pts
Return of capital, latest estimate98%not published
Age962 days183 days
Net assets$14.8bn$629m

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).

ROCQ in plain words

Over the period since launch on Mar 19, 2026 to Sep 18, 2026, ROCQ paid 5.8% of its starting value in cash distributions while its price rose 12.0%. With every distribution reinvested, the fund returned +18.0%. Nasdaq-100 (QQQ) returned +21.9% over the same days, so a holder was behind by 4.0 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 10.6%, paid monthly.

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

How every figure is computed · Standards and sources