IAUI vs QQQ
IAUI vs QQQ
NEOS Gold High Income ETF vs Invesco QQQ Trust, Series 1
Quick Verdict
QQQ has a lower expense ratio. QQQ delivered stronger 1-year returns. QQQ offers more diversification with 103 holdings.
Side-by-Side Comparison
| Metric | IAUI | QQQ | Winner |
|---|---|---|---|
| Expense Ratio | 0.78% | 0.18% | |
| AUM | $489M | $455.8B | |
| Dividend Yield | 13.77% | 0.41% | |
| Holdings | 7 | 108 | |
| YTD Return | -9.81% | +16.83% | |
| 1Y Return | +6.49% | +26.58% | |
| 3Y Return (annualized) | - | +24.70% | |
| 5Y Return (annualized) | - | +14.88% | |
| Volatility (annualized) | 20.4% | 30.6% | |
| Max Drawdown | -25.6% | -83.0% | |
| Fund Family | NEOS | Invesco (US) | |
| Category | Commodity | Equity | |
| Inception | Jun 5, 2025 | Mar 10, 1999 |
IAUI vs QQQ Performance
NEOS Gold High Income ETF (IAUI) is a ETF from NEOS and Invesco QQQ Trust, Series 1 (QQQ) is a ETF from Invesco (US). Over the past year IAUI returned +6.49% while QQQ returned +26.58%. Year to date, IAUI is down 9.81% versus a gain of 16.83% for QQQ.
Risk: Volatility and Drawdowns
QQQ has been the more volatile fund, with annualized monthly volatility of 30.6% compared with 20.4% for IAUI. 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 -25.6% for IAUI and -83.0% for QQQ. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at 0.09. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
IAUI charges 0.78% per year while QQQ charges 0.18%. On a $10,000 position that is $78 vs $18 annually, a gap of $60 per year that compounds over a long holding period. On income, IAUI currently yields 13.77% against 0.41% for QQQ.
Holdings Overlap
IAUI and QQQ share 0 holdings out of 104 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, IAUI or QQQ?
IAUI has an expense ratio of 0.78% while QQQ charges 0.18%. QQQ is the cheaper option. On a $10,000 investment, that is $60 per year of difference.
Which performed better, IAUI or QQQ?
Over the past year IAUI returned +6.49% vs +26.58% for QQQ, so QQQ leads on 1-year performance. Over the longest common window we track (1 years), IAUI annualized +6.75% vs +13.06% for QQQ. Past performance does not guarantee future results.
Which is riskier, IAUI or QQQ?
QQQ has been the more volatile fund at 30.6% annualized versus 20.4% for IAUI. Worst drawdown: IAUI -25.6% vs QQQ -83.0%.
Should I hold both IAUI and QQQ?
IAUI and QQQ have a monthly-return correlation of 0.09, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between IAUI and QQQ?
IAUI and QQQ share 0 common holdings with a 0.0% weight overlap. Combined, they hold 104 unique securities.
Which pays a higher dividend, IAUI or QQQ?
IAUI yields 13.77% while QQQ yields 0.41%, so IAUI currently pays the higher dividend yield.
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