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Data as of .

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

QQQI and TPRY both write options for income.

NEOS Nasdaq-100(R) High Income ETF and VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF.

15.2%QQQI cash paid, 1 year
7.4%TPRY cash paid, 1 year
+16.4%QQQI total return, 1 year
+2.1%TPRY 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
TPRY9.3 pts behind SPY · since launch to Sep 18, 2026
SPY+11.4%TPRY+2.1%9.3 pts behind SPYTotal return, distributions reinvestedSPY+11.4%TPRY+2.1%9.3 pts behind SPY

What they hold in common

By the books each fund has filed, QQQI and TPRY hold 34% of their money in the same securities at the same weight.

Positions QQQI and TPRY both hold, largest shared weight first
HoldingQQQITPRY
Micron Technology Inc5.03%13.23%
Apple Inc7.79%4.91%
NVIDIA Corp8.58%4.39%
Amazon.com Inc4.36%12.40%
Advanced Micro Devices Inc4.02%3.70%
Alphabet Inc3.24%6.91%
Meta Platforms Inc3.14%5.35%
Lam Research Corp1.58%4.08%
Broadcom Inc2.70%1.49%
QUALCOMM Inc0.83%1.38%
ASML Holding NV0.68%2.63%
CoreWeave Inc0.16%2.71%
Only in each
Only in QQQIOnly in TPRY
Microsoft Corp 5.84%Taiwan Semiconductor Manufacturing Co Ltd 8.48%
Alphabet Inc 2.99%Uber Technologies Inc 5.23%
Tesla Inc 2.91%Vistra Corp 4.57%
Intel Corp 2.44%Alibaba Group Holding Ltd 4.46%
Walmart Inc 2.28%Boeing Co/The 4.30%
Cisco Systems Inc 1.92%NRG Energy Inc 4.18%
Palantir Technologies Inc 1.79%Baidu Inc 3.72%
Costco Wholesale Corp 1.74%American Airlines Group Inc 3.42%

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 Sep 21, 2026.

Performance, window by window

QQQI and TPRY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
QQQITPRYQQQITPRYQQQITPRY
3 months−0.7%−5.9%3.4%3.5%+1.8 pts−8.2 pts
6 months+16.7%+11.9%7.7%8.1%−7.5 pts−6.1 pts
1 year+16.4%not published15.2%not published−5.3 ptsnot published
Since launch+59.6%+2.1%39.9%7.4%−12.3 pts−9.3 pts
Open the live comparison on ETFIQ
QQQI and TPRY 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
TPRY
VistaShares Target 15 TEPRTantrum Contrarian Distribution ETF
Covered call on SPY, paying monthly
IssuerNEOSVistaShares
Strategyoption incomecovered call
BenchmarkNasdaq-100 (QQQ)S&P 500 (SPY), used as a default proxy
Paysmonthlymonthly
Payout rate, annualized14.0%15.3%
Expense ratio0.68%0.95%
Cash paid, 1 year15.2%7.4% (since launch on Feb 26, 2026)
Price change, 1 year−0.1%−5.4%
Total return, 1 year+16.4%+2.1% (since launch on Feb 26, 2026)
Benchmark return, 1 year+21.8%+11.4%
Ahead or behind−5.3 pts−9.3 pts
Return of capital, latest estimate98%not published
Age962 days204 days
Net assets$14.8bn$4m

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).

TPRY in plain words

Over the period since launch on Feb 26, 2026 to Sep 18, 2026, TPRY paid 7.4% of its starting value in cash distributions while its price fell 5.4%. With every distribution reinvested, the fund returned +2.1%. S&P 500 (SPY), used as a default proxy returned +11.4% over the same days, so a holder was behind by 9.3 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 15.3%, paid monthly.

Questions people ask

Which is cheaper, QQQI or TPRY?
QQQI charges 0.68% a year and TPRY charges 0.95%, 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 TPRY, 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 TPRY, data as of Sep 18, 2026. https://etfiq.com/compare/income/qqqi-vs-tpry Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources