Dividend comparison

QQQI vs ROCQ: Which Is Better for Income?

Fees, yield, total returns, drawdowns, holdings overlap and dividend history for NEOS Nasdaq-100 High Income ETF and JPMorgan Nasdaq Equity Premium Yield ETF, side by side. Updated October 21, 2026.

Start freeOpen interactive compareSee pricing
QQQI vs ROCQ: key differences
The short answer, from the latest data on this page.
  • Fees. ROCQ is cheaper at 0.35% a year versus 0.68% for QQQI. On $10,000 that is $33 a year less in fees.
  • Income. QQQI pays more income, yielding 14.11% over the last twelve months versus 6.22% for ROCQ. That is about $789 more a year on $10,000. QQQI pays monthly, ROCQ pays quarterly.
  • Risk. QQQI has been the bumpier ride. Its worst peak-to-trough decline over the last 5 years was -20.0%, against -8.9% for ROCQ.
  • Diversification. ROCQ holds 97 positions and QQQI holds 10. The ten largest positions make up 47.0% of QQQI and 54.6% of ROCQ.
  • Overlap. 67% of the two portfolios overlap by weight, across 39 shared holdings.
  • Size. QQQI is the larger fund with $15.1 billion in assets, against $745 million for ROCQ.

Bottom line: QQQI fits better if you care most about more income today. ROCQ fits better if you care most about lower fees, smaller drawdowns and broader diversification.

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
ROCQ
JPMorgan Nasdaq Equity Premium Yield ETF
Dividend yield (TTM)14.11%6.22%
Dividend / share (TTM)$7.64$3.38
Payout frequencyMonthlyQuarterly
Last dividend$0.6339 on Sep 18, 2026$0.4912 on Oct 5, 2026
Ex-dividend dateSep 16, 2026Oct 1, 2026
Price$54.16$54.35
Beta0.931.22
Max drawdown (5Y)-20.0%-8.9%
Market cap$14.89B$103.9M
ExchangeNASDAQNASDAQ
Expense ratio0.68%0.35%
Assets under management$15.08B$745.4M
Number of holdings1097
Top 10 concentration47.0%54.6%
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

ROCQ

$51.83/mo

$622 /yr at 6.22% yield

Dividend history
Total dividends paid per share in each calendar year. QQQI pays monthly; ROCQ pays quarterly.
YearQQQIROCQ
2025$7.4435—
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 ROCQ 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 Apr 21, 2026 would now be worth $10,209 in QQQI and $10,214 in ROCQ.
PeriodQQQIROCQ
1 month-0.42%-2.88%
3 months-0.09%-1.04%
Year to date0.56%—
1 year0.69%—
3 years——
5 years——
  • QQQI
  • ROCQ
951021102026102102

Both series indexed to 100 on 2026-04-21 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
  • ROCQ
0%15%31%46%61%Technology61.2%Communication Services12.7%Consumer Cyclical10.1%Consumer Defensive5.6%Healthcare3.9%Industrials3.8%Utilities1.0%Basic Materials0.9%Energy0.5%Financial Services0.2%Other0.1%
QQQI vs ROCQ holdings overlap
67% overlap by weight, with 39 holdings in common. Overlap adds up the smaller of the two weights for every stock both funds own, so 100% would mean identical portfolios.
Largest shared holdingsQQQI weightROCQ weight
NVDANVIDIA Corp8.20%8.95%
AAPLApple Inc7.81%8.15%
MSFTMicrosoft Corp6.11%7.08%
AMZNAmazon.com Inc4.47%4.94%
MUMicron Technology Inc4.40%5.17%
AMDAdvanced Micro Devices Inc3.81%4.34%
METAMeta Platforms Inc3.25%3.64%
GOOGAlphabet Inc2.90%5.96%
TSLATesla Inc2.96%2.63%
WMTWalmart Inc2.51%3.67%
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%

ROCQ97 holdings total

NameWeight
NVDANVIDIA CORP COMMON STOCK8.95%
AAPLAPPLE INC COMMON STOCK8.15%
MSFTMICROSOFT CORP COMMON7.08%
GOOGALPHABET INC-CL C -5.96%
MUMICRON TECHNOLOGY INC5.17%
AMZNAMAZON.COM INC COMMON4.94%
AMDADVANCED MICRO DEVICES4.34%
WMTWALMART INC COMMON STOCK3.67%
METAMETA PLATFORMS INC3.64%
LRCXLAM RESEARCH CORP COMMON2.65%

Quick verdict

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

Still deciding? Compare them in your portfolio
Forecast dividend income, track payouts, and see how QQQI vs ROCQ fits with the rest of your holdings. Free to start — no credit card required for the trial.
Start freeInteractive DRIP compare

Frequently asked questions

Is QQQI or ROCQ better for dividend income?
It depends on your goals. QQQI currently yields 14.11% Trailing Twelve Months (TTM) while ROCQ yields 6.22%. 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 ROCQ?
NEOS Nasdaq-100 High Income ETF (QQQI) is an ETF listed on NASDAQ. JPMorgan Nasdaq Equity Premium Yield ETF (ROCQ) is an ETF listed on NASDAQ. Side-by-side metrics on this page cover yield, fees, returns, drawdowns, holdings overlap and dividend history when available.
Which is cheaper, QQQI or ROCQ?
ROCQ has the lower expense ratio. QQQI charges 0.68% a year and ROCQ charges 0.35%, a difference of $33 a year on a $10,000 investment.
Which is riskier, QQQI or ROCQ?
Measured by the worst peak-to-trough decline over the last five years, QQQI has been riskier: QQQI fell as much as 20.0% and ROCQ as much as 8.9%. Their betas are 0.93 and 1.22.
How much do QQQI and ROCQ overlap?
About 67% of the two portfolios overlap by weight, across 39 shared holdings. The largest shared positions are NVDA, AAPL, MSFT. Holding both still adds meaningful diversification.
How often do QQQI and ROCQ pay dividends?
QQQI pays monthly and ROCQ pays quarterly.
How much income does $10,000 in QQQI vs ROCQ generate?
At current TTM yields, $10,000 in QQQI would generate roughly $117.57 per month ($1411 annually). The same amount in ROCQ would produce about $51.83 per month ($622 annually). Actual payouts vary with distribution changes and reinvestment.
Can I hold both QQQI and ROCQ?
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 ROCQ with my full portfolio?
Create a free Dividend Wealth account to import or enter holdings, forecast dividend income, and see how QQQI and ROCQ 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.

Related comparisons

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.