QQQI vs. FQAL ETF Comparison

Comparison of NEOS Nasdaq 100 High Income ETF (QQQI) to Fidelity Quality Factor ETF (FQAL)

QQQI

NEOS Nasdaq 100 High Income ETF

QQQI Description

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.

Grade (RS Rating)

Last Trade

$52.08

Average Daily Volume

231,302

Number of Holdings ^*

101

* may have additional holdings in another (foreign) market

FQAL

Fidelity Quality Factor ETF

FQAL Description

The fund seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity U.S. Quality Factor Index. Normally investing at least 80% of assets in securities included in the Fidelity U.S. Quality Factor Index, which is designed to reflect the performance of stocks of large and mid-capitalization U.S. companies with a higher quality profile than the broader market.

Grade (RS Rating)

Last Trade

$67.19

Average Daily Volume

29,912

Number of Holdings ^*

124

* may have additional holdings in another (foreign) market

Performance

Period	QQQI	FQAL
30 Days	3.32%	2.60%
60 Days	4.75%	4.35%
90 Days	6.05%	5.86%
12 Months		30.56%

33 Overlapping Holdings

Symbol	Grade	Weight in QQQI	Weight in FQAL	Overlap
AAPL	C	8.58%	6.62%	6.62%
ABNB	C	0.37%	0.75%	0.37%
ADBE	C	1.56%	0.97%	0.97%
ADP	B	0.83%	0.64%	0.64%
AMAT	F	1.04%	0.77%	0.77%
AVGO	D	4.85%	2.0%	2.0%
BKNG	A	0.6%	1.21%	0.6%
CEG	D	0.49%	0.36%	0.36%
COST	B	2.71%	1.01%	1.01%
CPRT	A	0.38%	0.48%	0.38%
CSX	B	0.48%	0.49%	0.48%
CTAS	B	0.46%	0.55%	0.46%
FAST	B	0.33%	0.53%	0.33%
GILD	C	0.79%	1.0%	0.79%
GOOGL	C	2.6%	3.69%	2.6%
IDXX	F	0.21%	0.67%	0.21%
KLAC	D	0.56%	0.64%	0.56%
LIN	D	1.33%	0.52%	0.52%
LRCX	F	0.6%	0.67%	0.6%
MDLZ	F	0.61%	0.38%	0.38%
META	D	5.03%	2.51%	2.51%
MNST	C	0.4%	0.31%	0.31%
MSFT	F	7.71%	6.3%	6.3%
NFLX	A	2.3%	0.97%	0.97%
NVDA	C	8.91%	7.24%	7.24%
ODFL	B	0.32%	0.45%	0.32%
ORLY	B	0.38%	0.84%	0.38%
PANW	C	0.86%	0.96%	0.86%
PAYX	C	0.35%	0.49%	0.35%
QCOM	F	1.15%	0.91%	0.91%
TTD	B	0.39%	0.41%	0.39%
VRSK	A	0.25%	0.46%	0.25%
VRTX	F	0.79%	0.86%	0.79%

QQQI Overweight 68 Positions Relative to FQAL

Symbol	Grade	Weight
AMZN	C	5.13%
TSLA	B	3.68%
GOOG	C	2.51%
TMUS	B	1.9%
PEP	F	1.54%
CSCO	B	1.51%
AMD	F	1.41%
ISRG	A	1.28%
TXN	C	1.27%
INTU	C	1.27%
CMCSA	B	1.07%
AMGN	D	1.04%
HON	B	0.98%
SBUX	A	0.79%
INTC	D	0.73%
MU	D	0.7%
ADI	D	0.7%
PYPL	B	0.62%
MRVL	B	0.56%
MAR	B	0.56%
CDNS	B	0.55%
REGN	F	0.54%
PDD	F	0.52%
FTNT	C	0.49%
CRWD	B	0.49%
SNPS	B	0.48%
DASH	A	0.45%
ADSK	A	0.44%
PCAR	B	0.42%
ROP	B	0.39%
WDAY	B	0.39%
NXPI	D	0.36%
ROST	C	0.34%
CHTR	C	0.34%
ASML	F	0.34%
AEP	D	0.33%
KDP	D	0.32%
BKR	B	0.3%
EA	A	0.3%
CTSH	B	0.28%
KHC	F	0.27%
GEHC	F	0.26%
EXC	C	0.26%
DDOG	A	0.26%
TEAM	A	0.26%
AZN	D	0.25%
XEL	A	0.25%
MCHP	D	0.24%
LULU	C	0.23%
MELI	D	0.23%
CCEP	C	0.23%
CSGP	D	0.21%
ON	D	0.2%
DXCM	D	0.19%
TTWO	A	0.19%
FANG	D	0.19%
ZS	C	0.18%
GFS	C	0.17%
WBD	C	0.17%
ANSS	B	0.17%
CDW	F	0.16%
ILMN	D	0.15%
BIIB	F	0.14%
MRNA	F	0.1%
MDB	C	0.09%
DLTR	F	0.09%
ARM	D	0.06%
SMCI	F	0.01%

QQQI Underweight 91 Positions Relative to FQAL

Symbol	Grade	Weight
LLY	F	-1.72%
V	A	-1.61%
HD	A	-1.5%
MA	C	-1.48%
JNJ	D	-1.35%
XOM	B	-1.16%
ABBV	D	-1.14%
MCD	D	-1.11%
BX	A	-1.05%
ACN	C	-1.05%
BMY	B	-1.02%
LOW	D	-1.02%
PGR	A	-1.0%
PG	A	-0.98%
FICO	B	-0.96%
AMP	A	-0.92%
SPGI	C	-0.92%
GRMN	B	-0.86%
CME	A	-0.85%
VEEV	C	-0.84%
CPAY	A	-0.82%
ZTS	D	-0.81%
EWBC	A	-0.78%
CAT	B	-0.77%
CFR	B	-0.77%
MCO	B	-0.76%
MSCI	C	-0.75%
AZO	C	-0.75%
JXN	C	-0.74%
YUM	B	-0.72%
ACGL	D	-0.71%
CBSH	A	-0.71%
DPZ	C	-0.69%
CVX	A	-0.68%
KO	D	-0.66%
KNSL	B	-0.65%
QLYS	C	-0.64%
WSM	B	-0.63%
PM	B	-0.63%
UNP	C	-0.61%
MTD	D	-0.58%
MEDP	D	-0.57%
T	A	-0.57%
LMT	D	-0.56%
VZ	C	-0.56%
GWW	B	-0.55%
ITW	B	-0.54%
AME	A	-0.52%
MMM	D	-0.5%
TDG	D	-0.49%
NEE	D	-0.47%
OTIS	C	-0.45%
MO	A	-0.44%
VST	B	-0.43%
COP	C	-0.41%
CL	D	-0.36%
SO	D	-0.36%
WMB	A	-0.34%
EOG	A	-0.32%
KMB	D	-0.31%
TPL	A	-0.31%
PLD	D	-0.3%
SHW	A	-0.3%
LNG	B	-0.28%
NRG	B	-0.27%
AMT	D	-0.27%
WEC	A	-0.26%
SPG	B	-0.25%
HSY	F	-0.25%
FCX	D	-0.24%
ECL	D	-0.24%
PSA	D	-0.23%
O	D	-0.21%
NFG	A	-0.2%
AM	A	-0.19%
EXR	D	-0.19%
UGI	A	-0.19%
AVB	B	-0.19%
MLM	B	-0.19%
WHD	B	-0.18%
VICI	C	-0.18%
NUE	C	-0.18%
RS	B	-0.17%
EQR	B	-0.17%
CF	B	-0.17%
SBAC	D	-0.16%
ESS	B	-0.16%
EXP	A	-0.16%
RGLD	C	-0.15%
AVY	D	-0.15%
GLPI	C	-0.14%