ETF Evaluator: NEOS Boosted Nasdaq-100 High Income ETF (XQQI) Follow This ETF

NEOS Boosted Nasdaq-100 High Income ETF Overview

NEOS Boosted Nasdaq-100 High Income ETF (XQQI) is an actively managed Nontraditional Equity Derivative Income exchange-traded fund (ETF). Neos Funds launched the ETF in 2026.

The investment seeks to boost performance by generating high monthly income in a tax efficient manner with the potential for enhanced equity appreciation in rising markets. The fund is an actively-managed exchange-traded fund (“ETF”) that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the Nasdaq-100® Index (the “Nasdaq-100®” or the “Reference Index”) and utilizing a call options strategy to provide high monthly income, which primarily consists of written (sold) call options on the Reference Index (“NDX® call options”).

About NEOS Boosted Nasdaq-100 High Income ETF (XQQI)

There are 2 members of the management team with an average tenure of 0.41 years: Garrett Paolella (2026) and Troy Cates (2026). Management tenure is more important for actively managed ETFs than passive index ETFs.

The ETF has 1 primary benchmark: NASDAQ 100 TR USD index with a weighting of 100%. NEOS Boosted Nasdaq-100 High Income ETF has 109 securities in its portfolio. The top 10 holdings constitute 45.1% of the ETF’s assets. The ETF meets the SEC requirement of being classified as a diversified fund. The ETF is not considered to have an ESG focus with its investment selection and management.

NEOS Boosted Nasdaq-100 High Income ETF is part of the Equity global asset class and is within the Nontraditional Equity ETF group. NEOS Boosted Nasdaq-100 High Income ETF has 2.8% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 95.9% There is 2.8% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). NEOS Boosted Nasdaq-100 High Income ETF has 1.0% of the portfolio in cash.

Assets Under Management

The fund has $253 million in total assets, which is below the $727 million average for the Derivative Income category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

XQQI Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The NEOS Boosted Nasdaq-100 High Income ETF expense ratio is high compared to funds in the Derivative Income category. NEOS Boosted Nasdaq-100 High Income ETF has an expense ratio of 0.98%, which is 18% higher than its category average, making the fund expense ratio grade a C. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. NEOS Boosted Nasdaq-100 High Income ETF has a portfolio turnover rate of 0%, which indicates that it holds its assets around /years. By way of comparison, the average portfolio turnover is 68% for the Derivative Income category.

Recently, in the month of June 2026, NEOS Boosted Nasdaq-100 High Income ETF returned 0.2%, which earned it a grade of B, as the Derivative Income category had an average return of -2.1%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all ETFs in that category.

NEOS Boosted Nasdaq-100 High Income ETF has a trailing yield of 0.00%, which is below the 16.43% category average. The fund normally distributes its income monthly and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

NEOS Boosted Nasdaq-100 High Income ETF Risk

A basic investment concept is that risk should be rewarded. Standard deviation measures the degree of variation in return experienced relative to the average return for an ETF. It notes the recent volatility of the ETF but does not explain the elements impacting the volatility. For example, portfolio concentration or exposure to foreign investments can impact the volatility and should be examined to gain an understanding of the ETF.

The total risk index relates the volatility of the ETF to the volatility of all ETFs. It can help you understand the volatility of an ETF across all categories. Ratios above 1.00 indicate higher risk than average. NEOS Boosted Nasdaq-100 High Income ETF has a high total risk index of 0.00 because of its standard deviation of 0.0%.

The category risk index relates the volatility of an ETF to the average volatility for ETFs in the same investment category. NEOS Boosted Nasdaq-100 High Income ETF has a high category risk of 0.00, giving it a category risk grade of NA. Letter grades of A, B, C, D and F are based upon these relative rankings.