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XQQINEOS Boosted Nasdaq-100(R) High Income ETF

Get incomeNewRanked #1,089 of 1,650 in this goal

Seeks to boost performance by generating high monthly income in a tax efficient manner with potential for enhanced equity appreciation.

By Neos Funds · Launched 2026

Annual Cost

0.98%

#5,063 of 5,853 · expensive

Fund Size

$253M

#2,157 of 5,853 · mid-size

Dividend YieldGoal

Track Record

6 months

#5,135 of 5,853 · young

Performance

Total-return NAV · USD
Growth of $10,000
$10,879+8.8%

Total-return NAV, USD. Net of fund fees, before tax.

What's inside

How Beacon categorizes this fund

Asset class

Alternative

Strategy

Option income

Index tracked

Nasdaq-100 Index

What it actually holds

By weight

Concentration

Top 10 holdings = 48.3% of fundmoderately concentrated

NVIDIA Corp
9.0%
Apple Inc
7.9%
Microsoft Corp
6.0%
Amazon.com Inc
4.7%
Tesla Inc
3.9%
Alphabet Inc
3.6%
Walmart Inc
3.5%
Meta Platforms Inc
3.5%
Alphabet Inc
3.3%
Broadcom Inc
3.1%

Asset allocation

Stocks
98.7%
Cash
1.0%
Other
0.3%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-15.5%Moderate

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to boost performance by generating high monthly income in a tax efficient manner with potential for enhanced equity appreciation.
Strategy
Actively manages a portfolio of stocks that make up the Nasdaq-100® Index while writing call options to generate high monthly income. The Fund aims to boost its long exposure and income through a synthetic options strategy, focusing on companies included in the Reference Index.
Inception date
February 2, 2026
Fund family
Neos Funds

Our take

Structural notes on how this fund behaves. Read our guide on the 6 warning signs.

Covered call
Warning

The big yield isn't extra money

The headline distribution comes from selling call options, which caps the fund's upside. Across a full market cycle that trade costs more than it brings in — often 1 to 3 percentage points a year against just holding the index. Monthly payouts make the gap easy to miss on a return summary.

Sources: Israelov & Ndong, 'A Devil's Bargain: When Generating Income Undermines Investment Returns' (NDVR, 2023)

Educational analysis of structural product characteristics. Not investment advice. Always read the fund prospectus and consult a qualified advisor before investing. More

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Data updated on 2026-08-02