NEOS NASDAQ-100(R) High Income ETF (QQQI)Derivative Income | Exchange Traded Fund | NasdaqGM
54.53 USD
-0.23
(-0.420%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 54.53 |
Hot Take ↕ | Aug. 22, 2026, 4:06 a.m. EDT
The headline-grabbing 14% yield is a trap for capital preservation. The fund's structure forces investors to pay a massive premium for income, effectively returning nearly all of their principal back to them in dividends while offering zero real price appreciation. The recent price action confirms this stagnation, trading flat despite a hot tech sector. Options data reveals a stark disconnect: traders are aggressively buying cheap put insurance, betting that the high cost of carry will eventually crush the share price or that a correction is imminent. This defensive positioning validates the view that the asset is a speculative vehicle for yield hunters, not a core holding. The long-term outlook remains neutral because the underlying business quality of the ETF is irrelevant; the product itself is a self-defeating mechanism where the 'income' is simply the erosion of the investment base. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.044291 |
| AutoETS | 0.045409 |
| AutoTheta | 0.046659 |
| MSTL | 0.047529 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 53% |
| H-stat | 4.74 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.037 |
| Excess Kurtosis | 0.67 |
| Attribute | Value |
|---|---|
| Trailing P/E | 30.30 |
As of Aug. 22, 2026, 4:06 a.m. EDT: Speculators are positioning defensively with heavy open interest in out-of-the-money puts (OTM) across all expirations, creating a significant 'floor' around current prices. While there is notable volume in calls near the money, the disproportionate OI in deep OTM puts suggests a fear of a sharp downside move or a hedging strategy against the high-yield structure. Implied volatility is elevated on these protective strikes compared to the money, indicating a premium for downside protection.
| Last Yield | 1yr Yield | 3yr Avg | 5yr Avg |
|---|---|---|---|
| 1.20% | 14.17% | — | — |
| Date | Dividend | Yield % |
|---|---|---|
| 2026-08-19 | 0.652 | 1.199853 |
| 2026-07-22 | 0.635 | 1.168568 |
| 2026-06-16 | 0.657 | 1.170080 |
| 2026-05-20 | 0.659 | 1.175946 |
| 2026-04-22 | 0.630 | 1.176031 |
| 2026-03-18 | 0.609 | 1.193416 |
| 2026-02-18 | 0.614 | 1.175120 |
| 2026-01-21 | 0.636 | 1.191234 |
| 2025-12-24 | 0.641 | 1.175069 |
| 2025-11-26 | 0.630 | 1.166451 |
| 2025-10-22 | 0.645 | 1.192898 |
| 2025-09-24 | 0.641 | 1.189681 |
| 2025-08-20 | 0.629 | 1.202447 |
| 2025-07-23 | 0.637 | 1.214027 |
| 2025-06-25 | 0.628 | 1.220603 |
| 2025-05-21 | 0.637 | 1.277834 |
| 2025-04-23 | 0.531 | 1.160656 |
| 2025-03-26 | 0.587 | 1.198938 |
| 2025-02-26 | 0.614 | 1.183272 |
| 2025-01-22 | 0.624 | 1.167446 |
| 2024-12-24 | 0.622 | 1.161098 |
| 2024-11-20 | 0.612 | 1.180783 |
| 2024-10-23 | 0.610 | 1.196078 |
| 2024-09-25 | 0.602 | 1.178082 |
| 2024-08-21 | 0.644 | 1.262003 |
| 2024-07-24 | 0.619 | 1.246476 |
| 2024-06-26 | 0.623 | 1.206196 |
| 2024-05-22 | 0.613 | 1.213381 |
| 2024-04-24 | 0.587 | 1.200900 |
| 2024-03-20 | 0.605 | 1.192118 |
| 2024-02-21 | 0.594 | 1.202429 |
| Attribute | Value |
|---|---|
| All Time High | 57.84 |
| All Time Low | 41.17 |
| Ask | 54.87 |
| Ask Size | 30 |
| Average Daily Volume10 Day | 4,593,000 |
| Average Daily Volume3 Month | 5,928,554 |
| Average Volume | 5,928,554 |
| Average Volume10Days | 4,593,000 |
| Beta3 Year | 0.0 |
| Bid | 54.86 |
| Bid Size | 29 |
| Category | Derivative Income |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 54.9381 |
| Day Low | 54.4399 |
| Dividend Yield | 1.29 |
| Eps Trailing Twelve Months | 1.7999102 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 54.8354 |
| Fifty Day Average Change | -0.30540085 |
| Fifty Day Average Change Percent | -0.0055694105 |
| Fifty Two Week Change Percent | 4.463947 |
| Fifty Two Week High | 57.84 |
| Fifty Two Week High Change | -3.3100014 |
| Fifty Two Week High Change Percent | -0.057226855 |
| Fifty Two Week Low | 47.87 |
| Fifty Two Week Low Change | 6.66 |
| Fifty Two Week Low Change Percent | 0.13912681 |
| Fifty Two Week Range | 47.87 - 57.84 |
| First Trade Date Milliseconds | 1,706,625,000,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.23 |
| Fullday Change Percent | -0.420014 |
| Fullday Price | 54.53 |
| Fund Family | Neos Funds |
| Fund Inception Date | 1,706,486,400 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,024-01-30 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | 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. |
| Long Name | NEOS NASDAQ-100(R) High Income ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1867487640 |
| Nav Price | 54.1639 |
| Net Assets | 13,398,857,700.0 |
| Net Expense Ratio | 0.68 |
| Open | 54.69 |
| Phone | 9,144,435,008 |
| Post Market Change | 0.0 |
| Post Market Change Percent | 0.0 |
| Post Market Price | 54.53 |
| Post Market Time | 1,787,961,592 |
| Previous Close | 54.76 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.23 |
| Regular Market Change Percent | -0.420014 |
| Regular Market Day High | 54.9381 |
| Regular Market Day Low | 54.4399 |
| Regular Market Day Range | 54.4399 - 54.9381 |
| Regular Market Open | 54.69 |
| Regular Market Previous Close | 54.76 |
| Regular Market Price | 54.53 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 2,549,568 |
| Short Name | NEOS Nasdaq 100 High Income ETF |
| Source Interval | 15 |
| Symbol | QQQI |
| Total Assets | 13,398,857,728 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing P E | 30.295956 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | 1.16637 |
| Trailing Three Month Returns | 1.16637 |
| Triggerable | 1 |
| Two Hundred Day Average | 54.0634 |
| Two Hundred Day Average Change | 0.4665985 |
| Two Hundred Day Average Change Percent | 0.00863058 |
| Type Disp | ETF |
| Volume | 2,549,568 |
| Yield | 0.0128999995 |
| Ytd Return | 6.89898 |