Dividend comparison

QQQI vs QDTE: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for NEOS Nasdaq-100 High Income ETF and Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF, side by side. Updated October 21, 2026.

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QQQI vs QDTE: key differences
The short answer, from the latest data on this page.
  • Fees. QQQI is cheaper at 0.68% a year versus 0.96% for QDTE. On $10,000 that is $28 a year less in fees.
  • Income. QDTE pays more income, yielding 44.45% over the last twelve months versus 14.11% for QQQI. That is about $3,034 more a year on $10,000. QQQI pays monthly, QDTE pays weekly.
  • Performance. Over the last 1 year, QQQI returned 0.7% versus -18.7% for QDTE, with dividends reinvested. $10,000 would have grown to $10,069 in QQQI and $8,130 in QDTE.
  • Risk. QDTE has been the bumpier ride. Its worst peak-to-trough decline over the last 1 year was -24.3%, against -20.0% for QQQI.
  • Diversification. QQQI holds 10 positions and QDTE holds 6. The ten largest positions make up 47.0% of QQQI and 191.0% of QDTE.
  • Overlap. QQQI and QDTE share no holdings, so they behave as separate building blocks.
  • Size. QQQI is the larger fund with $15.1 billion in assets, against $913 million for QDTE.

Bottom line: QQQI fits better if you care most about lower fees, stronger 1-year returns, smaller drawdowns and broader diversification. QDTE fits better if you care most about more income today.

Side-by-side snapshot
Trailing twelve-month figures where available. Higher yield is highlighted — not a buy recommendation.
MetricQQQI
NEOS Nasdaq-100 High Income ETF
QDTE
Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF
Dividend yield (TTM)14.11%44.45%
Dividend / share (TTM)$7.64$12.50
Payout frequencyMonthlyWeekly
Last dividend$0.6339 on Sep 18, 2026$0.1292 on Oct 16, 2026
Ex-dividend dateSep 16, 2026Oct 15, 2026
Price$54.16$28.13
Beta0.931.25
Max drawdown (5Y)-20.0%-24.3%
Market cap$14.89B$902.1M
ExchangeNASDAQCBOE
Expense ratio0.68%0.96%
Assets under management$15.08B$912.7M
Number of holdings106
Top 10 concentration47.0%191.0%
Income on a $10,000 investment
Illustrative only — assumes current TTM yield stays constant. Actual distributions change.

QQQI

$117.57/mo

$1411 /yr at 14.11% yield

QDTE

$370.39/mo

$4445 /yr at 44.45% yield

Dividend history
Total dividends paid per share in each calendar year. QQQI pays monthly; QDTE pays weekly.
YearQQQIQDTE
2025$7.4435$13.5402
Strategy: Options income
These funds own equities and sell call options against them, converting a share of future price appreciation into cash paid out now. How much upside is surrendered depends on the design: writing at the money on the whole portfolio pays the most and keeps the least, while writing on a partial slice or using purchased offsets keeps more of a rally. Distributions come mainly from option premium rather than from company dividends, so the headline yield is not comparable to a dividend fund's.

Payouts are variable rather than contractual, are often taxed as ordinary income, and a fund that pays out more than the strategy earns will see its net asset value drift down over time.

What QQQI vs QDTE actually do

QQQI
The Nasdaq-100 counterpart to NEOS's S&P 500 income fund, holding the index and writing NDX index options for monthly distributions.

It owns Nasdaq-100 constituents and applies the same call strategy of sold and purchased index options, sized actively rather than as a fixed full overwrite. Nasdaq-100 volatility is structurally higher, so the option premium collected is larger and the monthly distribution is bigger than the S&P 500 version. NDX options are also section 1256 contracts, so the same 60/40 tax treatment and loss-harvesting mechanics apply.

Suits someone who wants technology-heavy exposure converted into monthly cash with attention paid to tax character. A poor fit if you are holding the Nasdaq-100 specifically to compound growth, because the call overlay gives away the tail of exactly the rallies that index is bought for.

Aggressive tax-aware income

Performance
Total returns with dividends reinvested, from the adjusted closing price series. $10,000 invested on Mar 7, 2024 would now be worth $13,560 in QQQI and $10,899 in QDTE.
PeriodQQQIQDTE
1 month-0.42%-2.33%
3 months-0.09%-3.43%
Year to date0.56%-8.79%
1 year0.69%-18.70%
3 years——
5 years——
  • QQQI
  • QDTE
91119147202420252026136109

Both series indexed to 100 on 2024-03-07 using the adjusted closing price series. Past performance does not guarantee future results.

Sector allocation
Weight of each sector within the fund. Sectors are aligned on the same row so the two funds can be read against each other directly.
  • QQQI
  • QDTE
0%24%47%71%95%Cash & Others0.0%94.7%Technology61.2%Communication Services12.7%Consumer Cyclical10.1%Consumer Defensive5.6%Financial Services0.2%5.3%Healthcare3.9%Industrials3.8%Utilities1.0%Basic Materials0.9%Other0.5%
QQQI vs QDTE holdings overlap
0% overlap by weight, with 0 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Top 10 holdings
Largest positions by portfolio weight.

QQQI10 holdings total

NameWeight
NVDANVIDIA Corp8.20%
AAPLApple Inc7.81%
MSFTMicrosoft Corp6.11%
AMZNAmazon.com Inc4.47%
MUMicron Technology Inc4.40%
AMDAdvanced Micro Devices Inc3.81%
METAMeta Platforms Inc3.25%
GOOGLAlphabet Inc3.13%
TSLATesla Inc2.96%
GOOGAlphabet Inc2.90%

QDTE6 holdings total

NameWeight
4QQQ 271119C00070110QQQ 11/19/2027 70.11 C73.39%
4NDX 270319C02510150NDX 03/19/2027 2510.15 C25.86%
4NDX 261218C024501004NDX US 12/18/26 C2450.1 FLX25.04%
4NDX 270611C03059420NDX 06/11/2027 3059.42 C22.05%
4NDX 260918C022500004NDX US 09/18/26 C2250 FLX18.15%
4QQQ 270917C00070690QQQ 09/17/2027 70.69 C17.65%
WEEKRoundhill Weekly T-Bill ETF5.25%
FGXXXFirst American Government Obligations Fund 12/01/20313.59%

Quick verdict

QQQI fits better if you care most about lower fees, stronger 1-year returns, smaller drawdowns and broader diversification. QDTE fits better if you care most about more income today. Model the holding inside your real portfolio before deciding.

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Frequently asked questions

Is QQQI or QDTE better for dividend income?
It depends on your goals. QQQI currently yields 14.11% Trailing Twelve Months (TTM) while QDTE yields 44.45%. Higher yield means more current income per dollar invested, but may come with different risk, growth, or NAV characteristics. Compare total return and payout sustainability — not just the headline yield.
What is the difference between QQQI and QDTE?
NEOS Nasdaq-100 High Income ETF (QQQI) is an ETF listed on NASDAQ. Roundhill Nasdaq-100 0DTE Covered Call ETF Strategy ETF (QDTE) is an ETF listed on CBOE. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, QQQI or QDTE?
QQQI has the lower expense ratio. QQQI charges 0.68% a year and QDTE charges 0.96%, a difference of $28 a year on a $10,000 investment.
Which has performed better, QQQI or QDTE?
Over the last 1 year, QQQI has the higher total return with dividends reinvested: QQQI returned 0.7% and QDTE returned -18.7%. Past performance does not predict future returns.
Which is riskier, QQQI or QDTE?
Measured by the worst peak-to-trough decline over the last five years, QDTE has been riskier: QQQI fell as much as 20.0% and QDTE as much as 24.3%. Their betas are 0.93 and 1.25.
How often do QQQI and QDTE pay dividends?
QQQI pays monthly and QDTE pays weekly.
How much income does $10,000 in QQQI vs QDTE generate?
At current TTM yields, $10,000 in QQQI would generate roughly $117.57 per month ($1411 annually). The same amount in QDTE would produce about $370.39 per month ($4445 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both QQQI and QDTE?
Yes. Many income investors hold both to diversify strategy or index exposure. Whether the combination actually diversifies depends on overlapping holdings and factor exposure. Model both inside Dividend Wealth to see combined income, sector mix, and forecast impact.
Where can I compare QQQI vs QDTE with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how QQQI and QDTE fit alongside the rest of your portfolio. A 14-day free trial of Standard is available with no credit card required; a limited Free plan is also available.

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For informational and educational purposes only. Not investment advice. Past performance and current yields do not guarantee future results. Verify figures independently before making investment decisions.