SPY vs XQQI

Quick Verdict

SPY has a lower expense ratio. SPY offers more diversification with 503 holdings.

Lower Fees: SPYHigher Returns: TiedMore Diversified: SPY

Side-by-Side Comparison

MetricSPYXQQIWinner
Expense Ratio0.09%0.98%
AUM$789.1B$244M
Dividend Yield1.01%7.93%
Holdings505100
YTD Return+13.79%+11.41%
1Y Return+23.66%-
3Y Return (annualized)+21.40%-
5Y Return (annualized)+13.37%-
Volatility (annualized)15.3%-
Max Drawdown-56.5%-15.5%
Fund FamilyState Street Investment ManagementNEOS
CategoryEquityAlternative
InceptionJan 22, 1993Feb 2, 2026

SPY vs XQQI Performance

State Street SPDR S&P 500 ETF Trust (SPY) is a ETF from State Street Investment Management and NEOS Boosted Nasdaq-100 High Income ETF (XQQI) is a ETF from NEOS. Year to date, SPY is up 13.79% versus a gain of 11.41% for XQQI.

Risk: Volatility and Drawdowns

The deepest peak-to-trough decline in our data was -56.5% for SPY and -15.5% for XQQI. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.

Fees and Cost Over Time

SPY charges 0.09% per year while XQQI charges 0.98%. On a $10,000 position that is $9 vs $98 annually, a gap of $89 per year that compounds over a long holding period. On income, SPY currently yields 1.01% against 7.93% for XQQI.

Holdings Overlap

51.4%overlap

SPY and XQQI share 85 holdings out of 518 unique holdings combined, representing a 51.4% weight overlap.

High overlap means holding both may not provide much additional diversification.

Top Shared Holdings

StockWeight in SPYWeight in XQQIDifference
NVDA7.31%8.70%1.39%
AAPL7.09%7.48%0.39%
MSFT4.43%5.55%1.12%
AMZNProProPro
GOOGLProProPro
GOOGProProPro
AVGOProProPro
METAProProPro
TSLAProProPro
WMTProProPro
See all 10 holdings SPY shares with XQQI
Exact weights in each fund and the difference, for every overlapping position.
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Frequently Asked Questions

Which is cheaper, SPY or XQQI?

SPY has an expense ratio of 0.09% while XQQI charges 0.98%. SPY is the cheaper option. On a $10,000 investment, that is $89 per year of difference.

What is the holdings overlap between SPY and XQQI?

SPY and XQQI share 85 common holdings with a 51.4% weight overlap. Combined, they hold 518 unique securities.

Which pays a higher dividend, SPY or XQQI?

SPY yields 1.01% while XQQI yields 7.93%, so XQQI currently pays the higher dividend yield.

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