QQQI vs VOO
NEOS Nasdaq-100 High Income ETF vs Vanguard S&P 500 ETF
Which is better, QQQI or VOO?
VOO has been ahead.
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 46.0%.
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 | QQQI | VOO |
|---|---|---|
| Expense Ratio | 0.68% | 0.03%Best |
| AUM | $14.1B | $997.4B |
| Dividend Yield | 14.01% | 1.04% |
| Holdings | 106 | 509 |
| YTD Return | +10.51% | +11.55%Best |
| 1Y Return | +16.35% | +17.54%Best |
| 3Y Return (annualized) | - | +20.71% |
| 5Y Return (annualized) | - | +12.80% |
| Volatility (annualized) | 12.6% | 12.1%Best |
| Max Drawdown | -20.0% | -18.7%Best |
| $10,000 over 2.6 years | $15,463 | $15,898Best |
| Top 10 Weight | 46.0% | 36.4%Best |
| Fund Family | NEOS | Vanguard (US) |
| Category | Equity | Equity |
| Style | Large Cap Blend | Large Cap Blend |
| Inception | Jan 30, 2024 | Sep 7, 2010 |
Volatility and max drawdown, and the $10,000 over 2.6 years row, are measured over the window both funds cover: Jan 30, 2024 to Sep 10, 2026 (2.6 years).
QQQI vs VOO 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 2.6 years both funds cover.
QQQI vs VOO Performance
NEOS Nasdaq-100 High Income ETF (QQQI) is an ETF from NEOS and Vanguard S&P 500 ETF (VOO) is an ETF from Vanguard (US). Over the past year QQQI returned +16.35% while VOO returned +17.54%. Year to date, QQQI is up 10.51% versus a gain of 11.55% for VOO.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
QQQI has been the more volatile fund, with annualized monthly volatility of 12.6% compared with 12.1% for VOO. 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 -20.0% for QQQI and -18.7% for VOO. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at 0.91. They move almost in lockstep, so holding both mostly duplicates the same exposure.
Fees and Cost Over Time
QQQI charges 0.68% per year while VOO charges 0.03%. On a $10,000 position that is $68 vs $3 annually, a gap of $65 per year that compounds over a long holding period. On income, QQQI currently yields 14.01% against 1.04% for VOO.
Holdings Overlap
94.9% of QQQI's money is in holdings VOO also owns. 54.5% of VOO's money is in holdings QQQI also owns.
Most of QQQI is already inside VOO. Owning both mostly buys the same companies twice.
The two holdings books were reported 48 days apart, QQQI as of Aug 17, 2026 and VOO as of Jun 30, 2026, so some of the difference between them is the time between the two reports rather than the funds.
87 positions in common, counted across the 102 positions we hold weights for in QQQI and 505 in VOO, against full books of 106 and 509.
What only one of them owns
Our book lists 409 positions for VOO that do not appear in our book for QQQI (45.0% of the fund), and 8 for QQQI that do not appear in VOO (2.7%).
Some of those will be the same company recorded under a different code in one of the two books, so the real difference in what you would own is no larger than this and may be smaller. We do not name the individual positions here for that reason.
Top Shared Holdings
| Stock | Weight in QQQI | Weight in VOO | Difference |
|---|---|---|---|
| NVDANvidia Corp. | 8.58% | 7.51% | 1.07% |
| AAPLApple, Inc | 7.03% | 6.59% | 0.44% |
| MSFTMicrosoft Corp 4.100 Feb 06 37 | 5.78% | 4.30% | 1.48% |
| AMZNAmazon.Com Inc | 4.43% | 3.62% | 0.81% |
| MUMicron Technology, Inc. | 4.81% | 2.02% | 2.79% |
| GOOGLAlphabet A Usd 0.001 | 3.15% | 3.25% | 0.10% |
| AVGOBroadcom Inc | 2.92% | 2.77% | 0.15% |
| GOOGAlphabet Inc | 2.94% | 2.59% | 0.35% |
| AMDAdvanced Micro Devices Inc. | 3.66% | 1.47% | 2.19% |
| METAMeta Platforms, Inc. | 2.73% | 1.92% | 0.81% |
94.9% of QQQI is already inside VOO.
You probably hold more than these two. Add the rest and see how much of the whole book is the same companies twice.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, QQQI or VOO?
QQQI has an expense ratio of 0.68% while VOO charges 0.03%. VOO is the cheaper option, by $65 a year on a $10,000 investment.
Which performed better, QQQI or VOO?
Over the past year QQQI returned +16.35% vs +17.54% for VOO, so VOO leads on 1-year performance. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, QQQI or VOO?
QQQI has been the more volatile fund at 12.6% annualized versus 12.1% for VOO. Worst drawdown: QQQI -20.0% vs VOO -18.7%.
Should I hold both QQQI and VOO?
QQQI and VOO have a monthly-return correlation of 0.91, so they move almost identically. What is left to separate them is the fee and the index each one tracks. This is information, not a recommendation.
What is the holdings overlap between QQQI and VOO?
94.9% of QQQI's money is in holdings VOO also owns. 54.5% of VOO's is in holdings QQQI also owns. They hold 87 positions in common, counted across the 102 positions we hold weights for in QQQI and 505 in VOO.
Which pays a higher dividend, QQQI or VOO?
QQQI yields 14.01% while VOO yields 1.04%, so QQQI currently pays the higher dividend yield.
Is VOO better than QQQI?
VOO has a lower expense ratio. VOO led over 1Y and the full window. The two have moved almost in lockstep, correlation 0.91. VOO is less concentrated, with 36.4% of the fund in its ten largest positions against 46.0%. Which one suits a particular account depends on what it is for. This is information, not a recommendation.