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XQQINEOS Boosted Nasdaq-100 High Income ETF

Get incomeNewRanked #1,152 of 1,622 in this goal

Seeks to boost performance by generating high monthly income with potential for enhanced equity appreciation.

By Neos Funds · Launched 2026

Annual Cost

0.98%

#4,853 of 5,562 · expensive

Fund Size

$183M

#2,370 of 5,562 · mid-size

Dividend YieldGoal

Track Record

4 months

#5,225 of 5,562 · young

Performance

Total-return NAV · USD
Growth of $10,000
$11,656+16.6%

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

Classification

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 CorpNVDA
8.3%
Apple IncAAPL
7.4%
Microsoft CorpMSFT
5.4%
Micron Technology IncMU
4.8%
Amazon.com IncAMZN
4.7%
Advanced Micro Devices IncAMD
3.8%
Alphabet Inc Class AGOOGL
3.6%
Tesla IncTSLA
3.5%
Broadcom IncAVGO
3.5%
Alphabet Inc Class CGOOG
3.3%

Asset allocation

Stocks
98.7%
Cash
0.8%
Other
0.4%

Risk profile

Last 12 months · Sharpe & Sortino need 3+ years
Volatility (1Y)
N/A
Max drawdown
-12.5%Mild

Worst peak-to-trough loss

Sharpe (3Y)
Unavailable

Needs 3+ years of history

Sortino (3Y)
Not yet

Needs 3+ years of history

Where to buy

Listing

Exchange
NASDAQ Global Select Market

Full fund details

Objective
Seeks to boost performance by generating high monthly income with potential for enhanced equity appreciation.
Strategy
Actively managed ETF investing in Nasdaq-100 stocks and utilizing a call options strategy to generate high monthly income. Employs a synthetic options strategy to increase long exposure and income by writing additional call options.
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

Covered call ETF — yield ≠ total return

The high distribution yield is not free income — it comes from selling upside via call options. Research finds these strategies systematically underperform their underlying index over full cycles, typically by 100–300 basis points per year depending on the option-overlay design. The monthly distributions make the shortfall hard to see in return summaries.

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

Why we flagged this: strategy=option_income + option_income_strategy

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 2026-06-19