CHPY combines semiconductor stocks with options income. QQQI combines Nasdaq-100 equities with an index-options overlay. The main choice is a single industry portfolio versus a wider, but still concentrated, large-company universe.
Projections assume the current yield and share price remain constant. Actual results will vary.
Total returns
100% reinvested · ex-date convention. Period returns use this fixed assumption, independent of chart settings. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year.
CHPY has outpaced QQQI over the trailing twelve months, posting a 91.04% total return against 18.23%. Measured from Apr 2025 — the start of shared available history — CHPY has compounded at 98.75% a year versus 31.15% for QQQI. QQQI has been the steadier holding, though — annualized volatility of 16.7% against 40.2% for CHPY. Figures are total returns: price change plus every distribution reinvested.
Total return and risk statistics by fund. Each row is one fund; each column is one period or statistic.
Total return with all distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date), split-adjusted, as of September 30, 2026. YTD and 1Y are cumulative period returns; 3Y, 5Y, and 10Y are annualized. The shared Since-start window is annualized only when it covers at least one year. “Since Apr 2025” measures every fund from April 3, 2025 — the start of shared available history — so all funds share one comparison window. Volatility is the annualized standard deviation of daily total returns over the past year. Sharpe and Sortino divide the annualized return in excess of the risk-free rate by, respectively, that volatility and the downside deviation (both over the past year) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate, SEC yield and return of capital
Metric
CHPY
QQQI
Forward distribution rate
40.28%
13.69%
Trailing 12-month yield
40.16%
13.76%
30-day SEC yield
-0.38%
-0.05%
Return of capital
99.88%
—
Total return (price change plus reinvested distributions) is the Total returns section above. Return of capital is the share of a recent distribution that was not income. A 30-day SEC yield can sit far from the headline distribution rate; both numbers are the fund's own published fields.
Total return against the stated underlying is on QQQI vs QQQ.
Side-by-side snapshot
Side-by-side snapshot. Each row is one metric;
each column is one fund.
Seeks weekly income by holding a portfolio of U.S.-listed semiconductor equities and generating premium through an options overlay written on those holdings and on semiconductor ETFs.
Seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation.
Bottom lineChoose CHPY if you want semiconductor exposure with an income overlay and accept sector losses. Choose QQQI if you want Nasdaq-100 income exposure and accept index concentration. It can increase semiconductor exposure rather than diversify it. Check the combined weights of chip companies already held by QQQI before adding CHPY. Compare reinvested returns over matching dates alongside cash paid and NAV changes; the larger distribution is not necessarily the larger investment gain.
CHPY vs QQQI: Semiconductor or Nasdaq Income?
CHPY combines semiconductor stocks with options income. QQQI combines Nasdaq-100 equities with an index-options overlay. The main choice is a single industry portfolio versus a wider, but still concentrated, large-company universe.
CHPY
QQQI
Approach
Semiconductor portfolio with options
Nasdaq-100 stocks and index options
Risk review
Industry concentration and option trade-offs
Large-company concentration and options
Expense ratio
1.03%
0.68%
Portfolio fit
Review combined holdings and weights
Review combined holdings and weights
How the risk works
Read this before the income numbers below: the strategy mechanics on this page shape what those payouts can cost you.
Capped upside and premium dependence. CHPY and QQQI generate income by selling options, which trades away part of a strong rally in exchange for premium. Distributions can include return of capital, and a payout the underlying assets cannot sustain shows up as NAV erosion over time — the big yield number is not free.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
YieldMax is known for specializing in options-based and income-focused ETFs that emphasize yield generation through covered call strategies and other income-producing methodologies. The firm operates a diverse lineup of 63 funds organized across multiple families including covered call strategies, 0DTE (zero days to expiration) options, double distribution approaches, and various target-date and performance-based portfolios designed to generate regular distributions. Notable offerings span popular underlying assets like major technology stocks and broad market indices, with a particular emphasis on providing enhanced income solutions for investors seeking regular cash flows through options strategies and other tactical approaches.
See our curated list of related YouTube videos on CHPY.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
NEOS is known for developing specialized income-focused ETFs that employ strategies like covered calls, hedging, and enhanced yields across various asset classes. The firm manages 19 funds organized into nine distinct families, including offerings in equity high income, fixed income enhancement, digital assets, and alternative strategies, with popular tickers like SPYI (S&P 500 covered call), QQQI (Nasdaq-100 covered call), and QQQH (Nasdaq-100 hedged equity income). NEOS distinguishes itself in the ETF landscape through its emphasis on income generation and downside protection strategies rather than traditional growth approaches.
See our curated list of related YouTube videos on QQQI.
CHPY combines semiconductor stocks with options income. QQQI combines Nasdaq-100 equities with an index-options overlay. The main choice is a single industry portfolio versus a wider, but still concentrated, large-company universe.
It can increase semiconductor exposure rather than diversify it. Check the combined weights of chip companies already held by QQQI before adding CHPY. Compare reinvested returns over matching dates alongside cash paid and NAV changes; the larger distribution is not necessarily the larger investment gain.
Still deciding? Track CHPY & QQQI for free
Create a free Dividend Vision account to keep them on a watchlist, get notified when they declare dividends, and see how much income they would add to your portfolio.
A second ticker is not automatically a new source of risk. Compare the dollar exposure to shared companies across both funds, then assess whether an industry downturn would affect both allocations together.
Current metrics use the dated snapshot above. Distributions can vary and may include return of capital; a distribution rate is not an expected total return.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Does adding CHPY to QQQI diversify my income portfolio?
It can increase semiconductor exposure rather than diversify it. Check the combined weights of chip companies already held by QQQI before adding CHPY. Compare reinvested returns over matching dates alongside cash paid and NAV changes; the larger distribution is not necessarily the larger investment gain.
How should I compare risk and ownership costs?
Use matching dates and definitions for returns, distributions, and fees. Beta describes historical benchmark sensitivity, not guaranteed downside protection. Check current bid-ask spreads and premiums or discounts; AUM alone does not determine the price available for your order.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
Still deciding? Compare them against your own portfolio
See how each ETF fits alongside your real holdings — forecast future income, analyze overlap, and gauge risk. Start a free 7-day Dividend Vision trial and make the call with your full portfolio in view.
