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.
QQQI has lagged ROCQ over the year to date, posting a 10.67% total return against 14.50%. 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 October 16, 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 Mar 2026” measures every fund from March 19, 2026 — 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 shared window since Mar 2026. 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 shared window since Mar 2026) — higher is better. Max drawdown is the largest peak-to-trough total-return decline over the same window — shallower is better.
Distribution rate and SEC yield
Metric
QQQI
ROCQ
Forward distribution rate
14.19%
10.94%
Trailing 12-month yield
14.25%
6.28%
30-day SEC yield
-0.06%
—
Total return (price change plus reinvested distributions) is the Total returns section above. 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.
Bottom lineChoose QQQI if you want Nasdaq-100 constituents with NEOS's NDX option strategy. Choose ROCQ if you want JPMorgan's active Nasdaq equity selection and call-spread overlay. QQQI and ROCQ both use option or derivative overlays. Their tradeoff is the underlying exposure, how each option strategy is implemented, and the yield each targets; either overlay can limit upside participation, so neither offers uncapped price exposure.
Nasdaq equity portfolios with actively managed call spreads
QQQI invests in Nasdaq-100 constituents and uses sold and purchased NDX index options. ROCQ actively selects Nasdaq-listed equities and sells call spreads. Both retain equity risk; neither distribution rate nor beta establishes the strike selection, leverage, principal safety, or future upside capture.
QQQI
ROCQ
Approach
Nasdaq-100 constituents with NDX index options
Actively selected Nasdaq equities with call spreads
Risk review
Equity concentration, option positioning, and changing payouts
Equity selection, option positioning, and limited operating history
Expense ratio
0.68%
0.35%
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. QQQI and ROCQ 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.
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.
ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.
JPMorgan is a major provider of ETFs spanning multiple asset classes and strategies, with particular strength in income-focused funds including their popular covered call strategy lineup. Their fund family encompasses broad categories including bond, equity, factor, income, index, international, municipal, and sector ETFs, providing investors with diverse exposure options across markets and investment styles. The issuer offers both core indexed strategies and actively managed solutions, serving investors seeking everything from traditional dividend income to sophisticated factor-based and thematic approaches.
See our curated list of related YouTube videos on ROCQ.
QQQI (NEOS Nasdaq-100 High Income ETF) and ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) are both monthly-pay dividend ETFs, but they take different approaches.
QQQI offers the higher yield at 14.19% vs 10.94% for ROCQ. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.
ROCQ is cheaper with an expense ratio of 0.35% compared to 0.68%.
QQQI is the larger fund by assets ($15.2B), but assets alone do not establish trading costs or liquidity.
Who should choose each?
Choose QQQI
NEOS Nasdaq-100 High Income ETF
You want Nasdaq-100 constituents with NEOS's NDX option strategy.
Choose ROCQ
JPMorgan Nasdaq Equity Premium Yield ETF
You want JPMorgan's active Nasdaq equity selection and call-spread overlay.
Not sure? Use the income calculator and snapshot above to weigh these trade-offs against your own goals.
Still deciding? Track QQQI & ROCQ 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.
On a $10,000 investment, QQQI would generate roughly $118.25 cash per distribution, while ROCQ would produce $91.17 cash per distribution, at current distribution rates. Both pay monthly distributions.
QQQI yield14.19%
ROCQ yield10.94%
Cash diff on $10K$27.08
Cost & efficiency
Over 10 years on $10,000, QQQI would cost approximately $680 in fees vs $350 for ROCQ (simplified, not compounded). The $330.00 difference may be offset by yield or performance.
QQQI ER0.68%
ROCQ ER0.35%
Strategy & risk
QQQI invests in Nasdaq-100 constituents and uses sold and purchased NDX index options. ROCQ actively selects Nasdaq-listed equities and sells call spreads. Both retain equity risk; neither distribution rate nor beta establishes the strike selection, leverage, principal safety, or future upside capture. Beta describes historical benchmark sensitivity, not guaranteed downside protection.
QQQI beta1.0553
ROCQ beta1.2193
Fund details
QQQI is managed by NEOS (launched 01/29/2024) with $15.2B in assets. ROCQ is managed by JPMorgan (launched 03/19/2026) with $731M in assets.
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Frequently asked questions
Does ROCQ's lower distribution rate imply a safer option strategy?
No. Distribution rates and beta do not reveal call strikes, leverage, or how much upside a fund will capture. QQQI uses sold and purchased NDX index options; ROCQ actively selects Nasdaq-listed equities and sells call spreads. Compare issuer disclosures, holdings, matching-period total returns, and distribution composition. Payments can change and capital can be lost.
What is the difference between QQQI and ROCQ?
QQQI (NEOS Nasdaq-100 High Income ETF) holds the Nasdaq-100 and sells NDX call spreads. ROCQ (JPMorgan Nasdaq Equity Premium Yield ETF) actively selects Nasdaq-listed equities and sells call spreads. Equity selection and overlay design differ. Cost is 0.68% versus 0.35%; size is $15.2B versus $731M. Distributions are 14.19% and 10.94% as of October 2026. Overlay recipe, not headline yield, is the split.
Explore related screeners
Lateral filters that include these funds — browse the full peer set on DividendVision.
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