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ETF Comparison

QQQI vs VOO: Which Is the Better Pick in 2026?

A head-to-head comparison of NEOS Nasdaq-100 High Income ETF and Vanguard S&P 500 ETF covering yield, cost, risk, and income potential.

Data updated July 15, 2026

ETFs19
Total AUM$28.5B

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.

ETFs115
Total AUM$4484B

ETFs and AUM reflect what Dividend Vision tracks — the issuer's full lineup may be larger.

Vanguard is known for offering low-cost, passively managed ETFs that emphasize broad market exposure and long-term investing. The company operates 175 ETFs across diverse fund families including Index, Bond, Equity, Dividend, Income, International, Factor, and ESG strategies, serving investors with various goals from core portfolio building to specialized income generation. Notable for its scale and popular tickers like VB (total U.S. small-cap), BND (total bond market), and VBIAX (international bonds), Vanguard focuses on providing comprehensive, index-based investment solutions with an emphasis on cost efficiency and accessibility.

See our curated list of related YouTube videos on VOO.

Side-by-side snapshot

QQQIVOO
Full nameNEOS Nasdaq-100 High Income ETFVanguard S&P 500 ETF
IssuerNEOSVanguard
Last Close$55.98 as of July 15, 2026$691.10 as of July 15, 2026
Distribution yield14.08%1.14%
Distribution Safety Score 84100
Expense ratio0.68%0.03%
AUM$12.5B$1033B
Distribution frequencyMonthlyQuarterly
Underlying indexNASDAQ 100S&P 500 Index
ObjectiveSeeks to generate high monthly income in a tax efficient manner while targeting equity appreciation.Track the performance of the S&P 500 Index, representing 500 of the largest U.S. companies.
Asset classEquityEquity
Inception date01/29/202409/07/2010
Beta1.05531.0
Last dividend$0.6570$1.9622
Ex-dividend date06/16/202606/26/2026

Bottom lineChoose QQQI if you want to maximize current income — roughly 14.08%, generated by selling options premium. Choose VOO if you want simple, diversified core exposure in one low-cost fund. There's no free lunch: QQQI's payout comes from selling options, which caps upside and can erode the share price over time, while VOO keeps full price exposure.

Income calculator

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Visual comparison

Key metrics

Projected income on $10K

Projections assume the current yield and share price remain constant. Actual results will vary.

Total returns

QQQI has outpaced VOO over the trailing twelve months, posting a 22.96% total return against 21.75%. Measured from Jan 2024 — when the younger fund began trading — QQQI has compounded at 20.67% a year versus 20.52% for VOO. Figures are total returns: price change plus every distribution reinvested.

SymbolYTD1YSince Jan 2024Volatility Sharpe Sortino Max drawdown
QQQI11.74%22.96%20.67%15.5%1.051.47-9.6%
VOO10.66%21.75%20.52%12.5%1.221.75-8.9%

Total return with all distributions reinvested on the ex-dividend date, split-adjusted, as of July 14, 2026. YTD and 1Y are cumulative; longer windows are annualized. “Since Jan 2024” measures every fund from January 30, 2024 — the youngest fund's first trading day — 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.

Quick verdict

QQQI (NEOS Nasdaq-100 High Income ETF) and VOO (Vanguard S&P 500 ETF) are both dividend ETFs, but they take different approaches.

QQQI offers the higher yield at 14.08% vs 1.14% for VOO. A higher yield means more current income per dollar invested, though it may come with different risk characteristics.

VOO is cheaper with an expense ratio of 0.03% compared to 0.68%.

They track different benchmarks: QQQI is linked to NASDAQ 100 while VOO tracks S&P 500 Index, which means their performance drivers differ.

VOO is the larger fund by assets ($1033B), which generally means tighter spreads and better liquidity.

Who should choose each?

Choose QQQI

NEOS Nasdaq-100 High Income ETF

  • Want to maximize current income — QQQI distributes roughly 14.08% from selling options premium, vs 1.14% for VOO.
  • Are comfortable with an options-income strategy — a large payout in exchange for capped upside.

Choose VOO

Vanguard S&P 500 ETF

  • Want simple, diversified core exposure as a portfolio building block.
  • Want to keep costs low — a 0.03% expense ratio vs 0.68% for QQQI.

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, QQQI would generate roughly $117.33/month, while VOO would produce $9.50/month, at current distribution rates.

QQQI yield14.08%
VOO yield1.14%
Monthly diff on $10K$107.83

Cost & efficiency

Over 10 years on $10,000, QQQI would cost approximately $680 in fees vs $30 for VOO (simplified, not compounded). The $650.00 difference may be offset by yield or performance.

QQQI ER0.68%
VOO ER0.03%

Strategy & risk

QQQI tracks NASDAQ 100 with an options approach, while VOO tracks S&P 500 Index with a large cap approach. Beta is 1.0553 for QQQI and 1.0 for VOO, indicating VOO is less volatile relative to the market.

QQQI beta1.0553
VOO beta1.0

Fund details

QQQI is managed by NEOS (launched 01/29/2024) with $12.5B in assets. VOO is managed by Vanguard (launched 09/07/2010) with $1033B in assets.

QQQI AUM$12.5B
VOO AUM$1033B

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Frequently asked questions

Is QQQI or VOO 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 VOO?

QQQI (NEOS Nasdaq-100 High Income ETF) tracks NASDAQ 100 with an options approach, while VOO (Vanguard S&P 500 ETF) tracks S&P 500 Index with a large cap approach. They are issued by NEOS and Vanguard respectively.

Can I hold both QQQI and VOO?

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, QQQI or VOO?

QQQI has an expense ratio of 0.68% while VOO charges 0.03%. Lower fees mean more of your investment returns stay in your pocket over time.

How much income does $10,000 in QQQI vs VOO generate?

At current rates, $10,000 in QQQI would generate roughly $117.33 per month ($1,408.00 annually). The same in VOO would produce about $9.50 per month ($114.00 annually).

Which has performed better historically, QQQI or VOO?

QQQI has outpaced VOO over the trailing twelve months, posting a 22.96% total return against 21.75%. Measured from Jan 2024 — when the younger fund began trading — QQQI has compounded at 20.67% a year versus 20.52% for VOO. Figures are total returns: price change plus every distribution reinvested. Past performance does not guarantee future results.

More comparisons to explore

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