IYRI vs QQQ
NEOS Real Estate High Income ETF vs Invesco QQQ Trust, Series 1
Which is better, IYRI or QQQ?
Large Cap Blend against Large Cap Growth.
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.6%.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | IYRI | QQQ |
|---|---|---|
| Expense Ratio | 0.68% | 0.18%Best |
| AUM | $312M | $483.5B |
| Dividend Yield | 11.14% | 0.44% |
| Holdings | 64 | 107 |
| YTD Return | -5.35% | +21.71%Best |
| 1Y Return | -6.05% | +25.89%Best |
| 3Y Return (annualized) | - | +28.80% |
| 5Y Return (annualized) | - | +15.67% |
| Volatility (annualized) | 10.0%Best | 20.1% |
| Max Drawdown | -12.1%Best | -22.8% |
| $10,000 over 1.7 years | $10,118 | $14,542Best |
| Top 10 Weight | 52.6% | 46.5%Best |
| Fund Family | NEOS | Invesco (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Growth |
| Inception | Jan 14, 2025 | Mar 10, 1999 |
Volatility and max drawdown, and the $10,000 over 1.7 years row, are measured over the window both funds cover: Jan 15, 2025 to Sep 25, 2026 (1.7 years).
IYRI vs QQQ growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 1.7 years both funds cover.
IYRI vs QQQ Performance
NEOS Real Estate High Income ETF (IYRI) is an ETF from NEOS and Invesco QQQ Trust, Series 1 (QQQ) is an ETF from Invesco (US). Over the past year IYRI returned -6.05% while QQQ returned +25.89%. Year to date, IYRI is down 5.35% versus a gain of 21.71% for QQQ.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 20.1% compared with 10.0% for IYRI. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -12.1% for IYRI and -22.8% for QQQ. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.19. They move largely independently of each other.
Fees and Cost Over Time
IYRI charges 0.68% per year while QQQ charges 0.18%. On a $10,000 position that is $68 vs $18 annually, a gap of $50 per year that compounds over a long holding period. On income, IYRI currently yields 11.14% against 0.44% for QQQ.
Holdings Overlap
We hold position weights for 60 holdings in IYRI and 102 in QQQ, totalling 99.5% and 99.9% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 60 positions we hold weights for in IYRI and 102 in QQQ, against full books of 64 and 107.
What only one of them owns
Measured across the 60 and 102 positions we hold weights for.
QQQ holds 96 positions IYRI does not, 97.5% of the fund.
Largest: NVDA 8.44%, AAPL 7.27%, MSFT 5.76%, AMZN 4.67%, MU 4.43%
You are not choosing between two funds in isolation.
Whichever of IYRI and QQQ you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, IYRI or QQQ?
IYRI has an expense ratio of 0.68% while QQQ charges 0.18%. QQQ is the cheaper option, by $50 a year on a $10,000 investment.
Which performed better, IYRI or QQQ?
Over the past year IYRI returned -6.05% vs +25.89% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (2 years), IYRI annualized +0.69% vs +24.64% for QQQ. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, IYRI or QQQ?
QQQ has been the more volatile fund at 20.1% annualized versus 10.0% for IYRI. Worst drawdown: IYRI -12.1% vs QQQ -22.8%.
Should I hold both IYRI and QQQ?
IYRI and QQQ have a monthly-return correlation of 0.19, so their returns are far enough apart for the mix to behave differently from either one alone. This is information, not a recommendation.
Which pays a higher dividend, IYRI or QQQ?
IYRI yields 11.14% while QQQ yields 0.44%, so IYRI currently pays the higher dividend yield.
Is QQQ better than IYRI?
QQQ has a lower expense ratio. QQQ led over 1Y and the full window. QQQ is less concentrated, with 46.5% of the fund in its ten largest positions against 52.6%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.