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QQQT vs SPYI

Defiance Nasdaq 100 Income Target ETF vs Neos S&P 500(R) High Income ETF

QQQT

Defiance Nasdaq 100 Income Target ETF

Annual cost

1.20%

Fund size

$44M

SPYI

Neos S&P 500(R) High Income ETF

Annual cost

0.68%

Fund size

$10.1B

Key differences

Both QQQT and SPYI are alternative ETFs. QQQT charges 1.20% a year and SPYI 0.68%. The main difference: QQQT follows a index tracking strategy; SPYI uses option income.

  • QQQT follows a index tracking strategy; SPYI uses option income.
  • SPYI costs 0.52% less per year.
  • SPYI is much larger than QQQT. Larger funds are usually more liquid and less likely to close.

Side-by-side comparison

QQQTSPYI
Annual cost (TER)1.20%0.68%
Fund size (AUM)$44M$10.1B
Since20242022
Dividend yield18.88%0.50%
Asset classalternativealternative
Regionnorth americanorth america
Strategyindex trackingoption income
CAGR 1Y+29.8%+20.2%
CAGR 3YN/A+15.9%
CAGR 5YN/AN/A
Sharpe 3YN/A0.96
Volatility 1Y15.84%10.10%
Max drawdown-22.51%-16.47%

Beyond the comparison: Beacon helps you build, track, and project a portfolio with the ETFs you pick.

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