ETF Comparison
QQQI vs QDVO: Which Is the Better Pick in 2026?
A head-to-head comparison of NEOS Nasdaq-100 High Income ETF and Amplify CWP Dividend & Option Income ETF covering yield, cost, risk, and income potential.
Data updated April 5, 2026
Side-by-side snapshot
| QQQI | QDVO | |
|---|---|---|
| Full name | NEOS Nasdaq-100 High Income ETF | Amplify CWP Dividend & Option Income ETF |
| Issuer | NEOS | Amplify ETFs |
| Price | $50.19 | $26.88 |
| Distribution yield | 14.22% | 10.65% |
| Expense ratio | 0.68% | 0.56% |
| AUM | $8.9B | $607M |
| Distribution frequency | Monthly | Monthly |
| Underlying index | NASDAQ 100 | U.S. large-cap value / dividend equities with a covered call overlay |
| Objective | Seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. | Seeks to provide high monthly income with the potential for capital appreciation by investing in quality U.S. dividend-paying equities and writing covered call options on those holdings. |
| Asset class | Equity | Equity |
| Inception date | 01/29/2024 | 09/24/2024 |
| Beta | 0.0 | 0.0 |
| Last dividend | $0.61 | $0.24 |
| Ex-dividend date | 03/18/2026 | 03/30/2026 |
Visual comparison
Key metrics
Projected income on $10K
Projections assume the current yield and share price remain constant. Actual results will vary.
Quick verdict
QQQI (NEOS Nasdaq-100 High Income ETF) and QDVO (Amplify CWP Dividend & Option Income ETF) are both popular monthly-pay seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. ETFs, but they take different approaches.
QQQI offers the higher yield at 14.22% vs 10.65% for QDVO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
QDVO is cheaper with an expense ratio of 0.56% compared to 0.68%.
They track different benchmarks: QQQI is linked to NASDAQ 100 while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay, which means their performance drivers differ.
QQQI is the larger fund by assets ($8.9B), which generally means tighter spreads and better liquidity.
Deep dive
Yield & income
On a $10,000 investment, QQQI would generate roughly $118.50/month while QDVO would produce $88.75/month at current distribution rates. Both pay monthly distributions.
Cost & efficiency
Over 10 years on $10,000, QQQI would cost approximately $680 in fees vs $560 for QDVO (simplified, not compounded). The $120.00 difference may be offset by yield or performance.
Strategy & risk
QQQI tracks NASDAQ 100 with a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. approach, while QDVO tracks U.S. large-cap value / dividend equities with a covered call overlay using a seeks to provide high monthly income with the potential for capital appreciation by investing in quality u.s. dividend-paying equities and writing covered call options on those holdings. strategy. Beta is 0.0 for QQQI and 0.0 for QDVO, indicating QDVO is less volatile relative to the market.
Fund details
QQQI is managed by NEOS (launched 01/29/2024) with $8.9B in assets. QDVO is managed by Amplify ETFs (launched 09/24/2024) with $607M in assets.
Income calculator
See how much monthly income a hypothetical investment would generate in each ETF at current yields.
Frequently asked questions
Is QQQI or QDVO 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 QQQI and QDVO?
QQQI (NEOS Nasdaq-100 High Income ETF) tracks NASDAQ 100 with a seeks to generate high monthly income in a tax efficient manner while targeting equity appreciation. strategy, while QDVO (Amplify CWP Dividend & Option Income ETF) tracks U.S. large-cap value / dividend equities with a covered call overlay with a seeks to provide high monthly income with the potential for capital appreciation by investing in quality u.s. dividend-paying equities and writing covered call options on those holdings. approach. They are issued by NEOS and Amplify ETFs respectively.
Can I hold both QQQI and QDVO?
Yes. Many income investors hold both to diversify across different strategies and underlying indexes. This can reduce concentration risk while maintaining a strong income stream.
Which has lower fees, QQQI or QDVO?
QQQI has an expense ratio of 0.68% while QDVO charges 0.56%. Lower fees mean more of your investment returns stay in your pocket over time.
How much income does $10,000 in QQQI vs QDVO generate?
At current yields, $10,000 in QQQI would generate roughly $118.50 per month ($1,422.00 annually). The same in QDVO would produce about $88.75 per month ($1,065.00 annually).
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