A head-to-head comparison of ProShares Nasdaq-100 High Income ETF and NEOS Nasdaq-100 High Income ETF covering yield, cost, risk, and income potential.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
ProShares is known for offering leveraged and inverse ETFs that provide amplified exposure to market movements, along with thematic and income-focused strategies. Their fund lineup spans digital assets (including Bitcoin and Ethereum exposure through BITO and EETH), dividend strategies like the Dividend Aristocrats fund (NOBL), covered call income strategies, and leveraged/inverse products that track major indices with 2x or 3x daily multipliers (such as SSO and TQQQ for tech-heavy portfolios). With 23 ETFs across specialized families including leveraged products, money market funds, and sector-specific offerings, ProShares serves investors seeking both traditional income and alternative exposure strategies.
See our curated list of related YouTube videos on IQQQ.
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.
IQQQ targets high income potential with long-term total returns similar to the tech-heavy Nasdaq-100 index
Seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation.
Asset class
Equity
Equity
Inception date
03/08/2024
01/29/2024
Beta
1.2356
1.0553
Last dividend
$0.4592
$0.6570
Ex-dividend date
07/01/2026
06/16/2026
Bottom lineChoose IQQQ if you want simple, diversified core exposure in one low-cost fund. Choose QQQI if you want to maximize current income — roughly 14.08%, generated by selling options premium.
Most used
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Want to go deeper?
Add these ETFs to a sample portfolio and forecast your dividend income over 5+ years — no signup required.
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
IQQQ (ProShares Nasdaq-100 High Income ETF) and QQQI (NEOS Nasdaq-100 High Income ETF) are both monthly-pay dividend ETFs, but they take different approaches.
QQQI offers the higher yield at 14.08% vs 11.19% for IQQQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
IQQQ is cheaper with an expense ratio of 0.55% compared to 0.68%.
QQQI is the larger fund by assets ($12.5B), which generally means tighter spreads and better liquidity.
Who should choose each?
Choose IQQQ
ProShares Nasdaq-100 High Income ETF
Want simple, diversified core exposure as a portfolio building block.
Want to keep costs low — a 0.55% expense ratio vs 0.68% for QQQI.
Choose QQQI
NEOS Nasdaq-100 High Income ETF
Want to maximize current income — QQQI distributes roughly 14.08% from selling options premium, vs 11.19% for IQQQ.
Are comfortable with an options-income strategy — a large payout in exchange for capped upside.
Prefer lower volatility — a beta of 1.1 vs 1.2 for IQQQ.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Deep dive
Yield & income
On a $10,000 investment, IQQQ would generate roughly $93.25/month, while QQQI would produce $117.33/month, at current distribution rates. Both pay monthly distributions.
IQQQ yield11.19%
QQQI yield14.08%
Monthly diff on $10K$24.08
Cost & efficiency
Over 10 years on $10,000, IQQQ would cost approximately $550 in fees vs $680 for QQQI (simplified, not compounded). The $130.00 difference may be offset by yield or performance.
IQQQ ER0.55%
QQQI ER0.68%
Strategy & risk
IQQQ tracks NASDAQ 100, while QQQI tracks NASDAQ 100 with an options approach. Beta is 1.2356 for IQQQ and 1.0553 for QQQI, indicating QQQI is less volatile relative to the market.
IQQQ beta1.2356
QQQI beta1.0553
Fund details
IQQQ is managed by ProShares (launched 03/08/2024) with $421M in assets. QQQI is managed by NEOS (launched 01/29/2024) with $12.5B in assets.
Do us a favor — if you found this comparison useful, please share it with a friend researching dividend ETFs.
Frequently asked questions
Is IQQQ or QQQI better for dividend income?
It depends on your goals. QQQI currently offers the higher distribution yield, which means more income per dollar invested. However, a lower-yield fund may offer better total return or lower volatility. Consider your time horizon and risk tolerance.
What is the difference between IQQQ and QQQI?
IQQQ (ProShares Nasdaq-100 High Income ETF) tracks NASDAQ 100, while QQQI (NEOS Nasdaq-100 High Income ETF) tracks NASDAQ 100 with an options approach. They are issued by ProShares and NEOS respectively.
Can I hold both IQQQ and QQQI?
Yes — nothing prevents holding both. Whether the combination actually diversifies depends on how much the underlying exposures overlap, which isn't fully measurable from the data on this page; review each security's holdings, sector, and strategy before treating them as complementary.
Which has lower fees, IQQQ or QQQI?
IQQQ has an expense ratio of 0.55% while QQQI charges 0.68%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in IQQQ vs QQQI generate?
At current rates, $10,000 in IQQQ would generate roughly $93.25 per month ($1,119.00 annually). The same in QQQI would produce about $117.33 per month ($1,408.00 annually).
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.
