NEOS ETF Trust NEOS Nasdaq 100 High Income ETF (QQQI US)
QQQI US$53.42
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Performance
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Share price activity
Displays share price activity. Volume = number of shares traded, Turnover = value of shares traded, VWAP = volume-weighted average price for the day, sourced from Morningstar.
- Last (Price)
- 53.42
- Change
- ▼ -0.70 (-1.29)
- Bid / Ask
- 52.69 - 52.75
- Volume
- 448,121
- Turnover
- 17,100,344
- Open
- 53.51
- Day Range
- 53.17 - 53.60
- VWAP
- 53.39
- Prev Close
- 54.12
- Last Trade
- 29/10 4:00pm
Fund profile
Displays who issues the fund, how it is structured and invests, its Morningstar category and benchmark, size, headline costs and dates, sourced from Morningstar. Fund size counts every class of the fund; ETF net assets is this listing alone.
Fund size
$15.04B
OCT 2026
Distributions
Monthly
Since inception
2.8 yrs
JAN 2024
- Legal name
- NEOS NASDAQ-100(R) High Income ETF
- Issuer
- Neos Funds
- Type
- Exchange-Traded Fund
- Structure
- Open Ended Investment Company
- Management style
- Actively managed
- Morningstar category
- Derivative Income
- Category index
- CBOE S&P 500 BuyWrite BXM TR USD
- Benchmark
- NASDAQ 100 TR USD
- ETF net assets
- $15.04B
- Units on issue
- 286.1M
- Management fee
- 0.68% p.a.
- Domicile
- United States
- Base currency
- USD
- Inception
- 29 JAN 2024
- Listed
- 30 JAN 2024
- Index provider
- NASDAQ Index
Objective and strategy
The investment seeks to generate high monthly income in a tax efficient manner with the potential for equity appreciation. 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 and a call options strategy, that consists of written (sold) call options on the Nasdaq-100® Index. Under normal circumstances, at least 80% of the fund’s net assets, plus borrowings for investment purposes, will be invested in securities, or derivative instruments linked to securities, of companies that are included in the reference index.
Asset allocation
Displays how the fund is split between shares, bonds, cash and other assets, sourced from Morningstar.
US equity 95.46%Non-US equity 1.86%
| Asset class | Net % | Long % | Short % |
|---|---|---|---|
| Equity | 97.32 | 98.23 | 0.91 |
| Bond | 0.00 | 0.00 | 0.00 |
| Cash | 3.11 | 3.90 | 0.80 |
| Other | -0.43 | 0.00 | 0.43 |
Sector exposure
Displays the share of the fund held in each sector, sourced from Morningstar.
Cyclical 12.29%Sensitive 75.23%Defensive 12.48%
- Basic Materials
- 1.06%
- Consumer Cyclical
- 11.00%
- Financial Services
- 0.23%
- Real Estate
- 0.00%
- Communication Services
- 12.15%
- Energy
- 0.48%
- Industrials
- 4.10%
- Technology
- 58.48%
- Consumer Defensive
- 6.75%
- Healthcare
- 4.57%
- Utilities
- 1.17%
Region exposure
Displays the share of the fund held in each region, sourced from Morningstar.
Developed markets 99.35%Emerging markets 0.65%
- North America
- 98.32%
- Latin America
- 0.41%
- United Kingdom
- 0.23%
- Europe Developed
- 0.81%
- Europe Emerging
- 0.00%
- Africa / Middle East
- 0.00%
- Japan
- 0.00%
- Australasia
- 0.00%
- Asia Developed
- 0.00%
- Asia Emerging
- 0.24%
Country exposure
Displays the twelve countries the fund holds most of, sourced from Morningstar.
- United States
- 97.18%
- Canada
- 1.14%
- Netherlands
- 0.80%
- Brazil
- 0.41%
- China
- 0.24%
- United Kingdom
- 0.23%
Style box
Displays where the fund's shareholdings sit on Morningstar's style box: size (large, mid, small) down and investment style (value, blend, growth) across, sourced from Morningstar.
LargeMidSmallValueBlendGrowth
- Style
- Large Growth
- Average moat
- Wide
Size score
298
Small
Mid
Large
Value-growth score
218
Value
Blend
Growth
Economic moat
Wide 68%Narrow 22%None 9%
Market capitalisation
Displays the share of the fund's shareholdings in giant, large, mid, small and micro cap companies, sourced from Morningstar.
- Giant
- 53.30%
- Large
- 32.84%
- Mid
- 13.86%
- Small
- 0.00%
- Micro
- 0.00%
Giant 53%Large 33%Mid 14%
- Average market cap
- $758.71B
- Number of holdings
- 103
- Shares held
- 101
Portfolio statistics · 22 OCT 2026
Displays the valuation, yield, size, concentration and quality of the fund's shareholdings taken together (trailing twelve months), sourced from Morningstar.
- Price / earnings
- 28.28
- Price / book
- 8.67
- Price / sales
- 5.94
- Price / cash flow
- 22.17
- Dividend yield
- 0.58%
- Assets in top 10
- 46.39%
- Return on equity
- 38.50%
- Net margin
- 27.81%
- Earnings growth (3 yr)
- 20.64%
Top holdings · top 10 = 47.68% of assets
Displays the fund's ten largest holdings and their weight in the portfolio, sourced from Morningstar.
| Holding | % Weight | First bought | Market value | Currency | Units held | Sector | Country | |
|---|---|---|---|---|---|---|---|---|
| NVIDIA Corp NVDA | 8.59 | FEB 2026 | 1.28B | USD | 5.6M | Technology | United States | |
| Apple Inc AAPL | 7.52 | FEB 2026 | 1.12B | USD | 3.4M | Technology | United States | |
| Microsoft Corp MSFT | 5.91 | FEB 2026 | 879.9M | USD | 1.7M | Technology | United States | |
| Micron Technology Inc MU | 5.14 | FEB 2026 | 764.8M | USD | 718,044 | Technology | United States | |
| Advanced Micro Devices Inc AMD | 4.28 | FEB 2026 | 636.9M | USD | 1.0M | Technology | United States | |
| Amazon.com Inc AMZN | 4.16 | FEB 2026 | 619.2M | USD | 2.5M | Consumer Cyclical | United States | |
| Meta Platforms Inc Class A META | 3.34 | FEB 2026 | 496.6M | USD | 684,729 | Communication Services | United States | |
| Alphabet Inc Class A GOOGL | 3.11 | FEB 2026 | 462.8M | USD | 1.3M | Communication Services | United States | |
| Alphabet Inc Class C GOOG | 2.89 | FEB 2026 | 429.4M | USD | 1.3M | Communication Services | United States | |
| Tesla Inc TSLA | 2.76 | FEB 2026 | 410.5M | USD | 1.2M | Consumer Cyclical | United States |
Trailing returns · 30 SEP 2026
Displays total returns after fees at net asset value, the return at the ASX market price, the return before fees, and where the fund ranks among funds in its Morningstar category, sourced from Morningstar.
Fund (NAV) Market price
1M
3.0
3M
1.1
6M
19.8
YTD
14.7
1Y
18.0
| Period | Fund (NAV) % | Market price % | Before fees % | Rank in category |
|---|---|---|---|---|
| 1 month | 2.96 | 2.95 | 3.02 | 19 / 330 |
| 3 months | 1.14 | 1.34 | 1.32 | 56 / 301 |
| 6 months | 19.81 | 19.94 | 20.22 | 23 / 274 |
| Year to date | 14.67 | 14.64 | 15.25 | 21 / 259 |
| 1 year | 17.97 | 18.00 | 18.78 | 22 / 232 |
Returns to 30 SEP 2026, periods of 3 years and longer annualised. Rank is the percentile in the Morningstar category at 30 SEP 2026 (1 = best) over the funds ranked.
Calendar year returns
Displays the total return after fees and the capital (price) return for each calendar year, with the fund's rank in its Morningstar category, sourced from Morningstar.
Total Capital
2025
18.6
| Year | Total % | Capital % | Rank in category |
|---|---|---|---|
| 2025 | 18.62 | 18.52 | 18 / 174 |
Risk statistics · 30 SEP 2026
Displays how the fund has moved relative to its category index: alpha (return beyond the index), beta (sensitivity to it), R-squared (how much the index explains), volatility and risk-adjusted returns, sourced from Morningstar.
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Alpha | 1.99 | — | — | — |
| Beta | 1.02 | — | — | — |
| R-squared | 75.80 | — | — | — |
| Standard deviation | 15.47 | — | — | — |
| Sharpe ratio | 0.90 | — | — | — |
| Sortino ratio | 1.80 | — | — | — |
| Tracking error | 7.62 | — | — | — |
| Information ratio | 0.29 | — | — | — |
| Upside capture % | 112.21 | — | — | — |
| Downside capture % | 109.74 | — | — | — |
| Maximum drawdown % | -5.31 | — | — | — |
Measured against S&P 500 (TR) (1970) with USTREAS T-Bill Auction Ave 3 Mon as the risk-free rate, to 30 SEP 2026. Maximum drawdown is on gross returns at the latest quarter end.
Portfolio risk score
Displays Morningstar's Portfolio Risk Score for the fund's holdings, how closely the ETF tracks its index day to day, the estimated cost of holding it against the index, the cost of trading it at market size, and its best and worst quarters since inception, sourced from Morningstar.
Risk score
64.3
Cash 0
Global shares 100
Morningstar Portfolio Risk Score at 30 SEP 2026.
- Market impact cost %
- 0.001
- Best quarter
- 18.66% · JUN 2026
- Worst quarter
- -6.41% · APR 2025
Fees and costs
Displays the fund's ongoing costs as a percentage of assets per year: the PDS management fees and costs, performance fee and transaction costs that make up the total cost ratio (the RG 97 forward estimate, and what was charged last financial year), and the buy / sell spread, sourced from Morningstar.
- Management fees and costs
- 0.68% p.a.
- PDS dated
- 1 MAY 2026
Distributions
Displays the most recent distribution paid per unit and its key dates, sourced from Morningstar.
- Latest distribution
- 0.6343
- Ex Date
- 21 OCT 2026
- Record Date
- 21 OCT 2026
- Pay Date
- 23 OCT 2026
- NAV at ex date
- 54.00
- Paid this year
- 0.6876
Distributions by year
Displays the total distributions paid per unit in each calendar year, sourced from Morningstar.
2024
0.1
2023
0.3
| Year | Per unit ($) |
|---|---|
| 2024 | 0.0522 |
| 2023 | 0.2825 |
Distribution history
Displays the most recent distributions by ex date, sourced from Morningstar.
| Ex Date | Per unit ($) |
|---|---|
| 21 OCT 2026 | 0.6343 |
| 16 SEP 2026 | 0.0167 |
| 16 JUN 2026 | 0.0140 |
| 20 MAY 2026 | 0.0053 |
| 18 MAR 2026 | 0.0173 |
| 24 DEC 2025 | 0.0026 |
| 26 NOV 2025 | 0.0025 |
| 22 OCT 2025 | 0.0026 |
| 24 SEP 2025 | 0.0026 |
| 20 AUG 2025 | 0.0025 |
| 23 JUL 2025 | 0.0026 |
| 25 JUN 2025 | 0.0025 |
Sustainability rating · 31 AUG 2026
Displays the Morningstar Sustainability Rating (1 to 5 globes, more is better) and the portfolio ESG risk score behind it (lower is less risk), against the average of the fund's global category, sourced from Morningstar and Sustainalytics.
Above Average
ESG risk score
17.24
Negligible
Low
Medium
High
Severe
Category average 21.81
- Rank in category
- 16th percentile of 501 funds
- Environmental risk
- 4.97
- Social risk
- 7.79
- Governance risk
- 4.31
- Portfolio covered
- 99.4%
ESG risk of holdings
Displays the share of the covered portfolio held in companies with negligible, low, medium, high and severe ESG risk, sourced from Morningstar and Sustainalytics.
- Negligible
- 0.88%
- Low
- 79.18%
- Medium
- 18.01%
- High
- 0.54%
- Severe
- 1.39%
8.79% of assets are in companies with high or severe controversies.
Carbon · 31 AUG 2026
Displays the portfolio carbon risk score (lower is less exposure to the transition to a low-carbon economy), the share of the portfolio in companies with fossil fuel revenue, and whether the fund earns Morningstar's Low Carbon Designation, sourced from Morningstar and Sustainalytics.
Carbon risk score
3.59
Low
Medium
High
Severe
Category average 8.12
- Carbon risk
- Low Risk
- Rank in category
- 10th percentile of 331 funds
- Fossil fuel involvement
- 2.12%
- Category average
- 8.47%
- Low Carbon Designation
- Yes
- Portfolio covered
- 98.0%
Fund managers
Displays the people Morningstar lists as managers of the fund, sourced from Morningstar.
- Garrett Paolella
- Troy Cates
Tenure
Displays how long the managers have run the fund: the average and longest tenure, who has served longest, the latest appointment and how many other funds the team manages, sourced from Morningstar.
- Number of managers
- 2
- Average tenure
- 2.8 years
- Longest tenure
- 2.8 years
- Longest serving
- Garrett Paolella, Troy Cates · since 29 JAN 2024
- Most recent appointment
- Garrett Paolella, Troy Cates · since 29 JAN 2024
- Managed since
- 29 JAN 2024
- Other funds managed
- 34
Displays all company announcements released by the company to the exchange, sourced from Morningstar.
Announcements
Announcements are available for ASX-listed companies only.
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