QQQI vs. PHEQ ETF Comparison

Comparison of NEOS Nasdaq 100 High Income ETF (QQQI) to Parametric Hedged Equity ETF (PHEQ)

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

PHEQ

Parametric Hedged Equity ETF

PHEQ Description

The fund seeks to provide capital appreciation by investing its net assets in equity securities of certain U.S. large capitalization companies that are constituents of the Solactive GBS US 500 at the time of purchase.

Grade (RS Rating)

Last Trade

$29.49

Average Daily Volume

19,326

Number of Holdings ^*

203

* may have additional holdings in another (foreign) market

Performance

Period	QQQI	PHEQ
30 Days	3.32%	1.99%
60 Days	4.75%	3.02%
90 Days	6.05%	3.86%
12 Months		16.61%

47 Overlapping Holdings

Symbol	Grade	Weight in QQQI	Weight in PHEQ	Overlap
AAPL	C	8.58%	6.85%	6.85%
ABNB	C	0.37%	0.15%	0.15%
ADBE	C	1.56%	0.48%	0.48%
AMD	F	1.41%	0.51%	0.51%
AMGN	D	1.04%	0.45%	0.45%
AMZN	C	5.13%	4.1%	4.1%
AVGO	D	4.85%	1.71%	1.71%
BKNG	A	0.6%	0.39%	0.39%
COST	B	2.71%	1.07%	1.07%
CRWD	B	0.49%	0.17%	0.17%
CSCO	B	1.51%	0.79%	0.79%
CTAS	B	0.46%	0.42%	0.42%
DASH	A	0.45%	0.13%	0.13%
DDOG	A	0.26%	0.13%	0.13%
FANG	D	0.19%	0.24%	0.19%
GOOG	C	2.51%	1.9%	1.9%
GOOGL	C	2.6%	2.28%	2.28%
ILMN	D	0.15%	0.05%	0.05%
ISRG	A	1.28%	0.58%	0.58%
KLAC	D	0.56%	0.34%	0.34%
LIN	D	1.33%	0.67%	0.67%
LRCX	F	0.6%	0.29%	0.29%
LULU	C	0.23%	0.21%	0.21%
MELI	D	0.23%	0.25%	0.23%
META	D	5.03%	2.66%	2.66%
MRNA	F	0.1%	0.01%	0.01%
MRVL	B	0.56%	0.25%	0.25%
MSFT	F	7.71%	6.55%	6.55%
MU	D	0.7%	0.31%	0.31%
NFLX	A	2.3%	0.8%	0.8%
NVDA	C	8.91%	7.12%	7.12%
ON	D	0.2%	0.14%	0.14%
PANW	C	0.86%	0.3%	0.3%
PEP	F	1.54%	0.72%	0.72%
PYPL	B	0.62%	0.28%	0.28%
QCOM	F	1.15%	0.33%	0.33%
REGN	F	0.54%	0.21%	0.21%
ROST	C	0.34%	0.32%	0.32%
TEAM	A	0.26%	0.06%	0.06%
TMUS	B	1.9%	0.51%	0.51%
TSLA	B	3.68%	1.91%	1.91%
TTD	B	0.39%	0.18%	0.18%
TXN	C	1.27%	0.59%	0.59%
VRTX	F	0.79%	0.36%	0.36%
WBD	C	0.17%	0.18%	0.17%
WDAY	B	0.39%	0.13%	0.13%
ZS	C	0.18%	0.08%	0.08%

QQQI Overweight 54 Positions Relative to PHEQ

Symbol	Grade	Weight
INTU	C	1.27%
CMCSA	B	1.07%
AMAT	F	1.04%
HON	B	0.98%
ADP	B	0.83%
GILD	C	0.79%
SBUX	A	0.79%
INTC	D	0.73%
ADI	D	0.7%
MDLZ	F	0.61%
MAR	B	0.56%
CDNS	B	0.55%
PDD	F	0.52%
FTNT	C	0.49%
CEG	D	0.49%
CSX	B	0.48%
SNPS	B	0.48%
ADSK	A	0.44%
PCAR	B	0.42%
MNST	C	0.4%
ROP	B	0.39%
ORLY	B	0.38%
CPRT	A	0.38%
NXPI	D	0.36%
PAYX	C	0.35%
CHTR	C	0.34%
ASML	F	0.34%
AEP	D	0.33%
FAST	B	0.33%
KDP	D	0.32%
ODFL	B	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%
VRSK	A	0.25%
AZN	D	0.25%
XEL	A	0.25%
MCHP	D	0.24%
CCEP	C	0.23%
CSGP	D	0.21%
IDXX	F	0.21%
DXCM	D	0.19%
TTWO	A	0.19%
GFS	C	0.17%
ANSS	B	0.17%
CDW	F	0.16%
BIIB	F	0.14%
MDB	C	0.09%
DLTR	F	0.09%
ARM	D	0.06%
SMCI	F	0.01%

QQQI Underweight 156 Positions Relative to PHEQ

Symbol	Grade	Weight
JPM	A	-1.73%
BRK.A	B	-1.42%
XOM	B	-1.4%
LLY	F	-1.39%
UNH	C	-1.37%
V	A	-1.28%
HD	A	-1.15%
MA	C	-1.14%
PG	A	-1.09%
JNJ	D	-1.04%
BAC	A	-0.98%
WMT	A	-0.96%
ABBV	D	-0.85%
CVX	A	-0.84%
KO	D	-0.77%
ORCL	B	-0.73%
MRK	F	-0.69%
T	A	-0.68%
WFC	A	-0.67%
CRM	B	-0.63%
NOW	A	-0.61%
ABT	B	-0.6%
TMO	F	-0.59%
LMT	D	-0.58%
DIS	B	-0.57%
LOW	D	-0.57%
AXP	A	-0.57%
IBM	C	-0.56%
CAT	B	-0.55%
UNP	C	-0.52%
MDT	D	-0.51%
BMY	B	-0.48%
TRGP	B	-0.46%
KKR	A	-0.46%
DE	A	-0.44%
WM	A	-0.44%
MMM	D	-0.44%
ETR	B	-0.4%
TRV	B	-0.39%
DAL	C	-0.39%
MS	A	-0.39%
PRU	A	-0.37%
PLTR	B	-0.36%
HWM	A	-0.36%
AVB	B	-0.35%
SCHW	B	-0.35%
PPL	B	-0.34%
K	A	-0.34%
RSG	A	-0.34%
LNT	A	-0.33%
DOV	A	-0.33%
YUM	B	-0.33%
KMB	D	-0.33%
OTIS	C	-0.33%
HIG	B	-0.33%
EQR	B	-0.32%
EXR	D	-0.32%
BA	F	-0.32%
LH	C	-0.31%
CMS	C	-0.31%
BRO	B	-0.31%
HBAN	A	-0.31%
DTE	C	-0.31%
DRI	B	-0.3%
AEE	A	-0.3%
COR	B	-0.3%
PHM	D	-0.3%
APO	B	-0.3%
UBER	D	-0.29%
DOC	D	-0.29%
CNP	B	-0.28%
AME	A	-0.28%
SYF	B	-0.27%
MAA	B	-0.27%
CFG	B	-0.26%
LII	A	-0.25%
ARES	A	-0.25%
GLW	B	-0.25%
MRO	B	-0.24%
L	A	-0.24%
FE	C	-0.24%
NDAQ	A	-0.24%
URI	B	-0.24%
JBHT	C	-0.24%
RMD	C	-0.24%
MKL	A	-0.23%
NEM	D	-0.23%
ULTA	F	-0.23%
EXPD	D	-0.23%
LNG	B	-0.22%
LYB	F	-0.22%
HEI	B	-0.22%
WRB	A	-0.21%
SSNC	B	-0.21%
ARE	D	-0.21%
AMCR	D	-0.21%
PFG	D	-0.2%
MSTR	C	-0.2%
ESS	B	-0.19%
SPOT	B	-0.19%
ZM	B	-0.18%
PPG	F	-0.18%
CPB	D	-0.18%
CSL	C	-0.18%
CAG	D	-0.17%
DVN	F	-0.17%
IFF	D	-0.16%
AKAM	D	-0.16%
HAL	C	-0.16%
MOH	F	-0.14%
APTV	D	-0.14%
NDSN	B	-0.14%
HEI	B	-0.14%
ZBH	C	-0.14%
DELL	C	-0.14%
HUBS	A	-0.14%
MGM	D	-0.13%
HUBB	B	-0.13%
ALNY	D	-0.13%
FCNCA	A	-0.13%
SQ	B	-0.12%
RBLX	C	-0.12%
BAH	F	-0.12%
COIN	C	-0.12%
TW	A	-0.11%
STLD	B	-0.11%
IBKR	A	-0.11%
VRT	B	-0.1%
VEEV	C	-0.1%
SUI	D	-0.1%
DOX	D	-0.09%
TRU	D	-0.09%
BLDR	D	-0.08%
NET	B	-0.07%
SCCO	F	-0.07%
AGR	B	-0.07%
YUMC	C	-0.07%
DKNG	B	-0.07%
SNOW	C	-0.06%
ALGN	D	-0.06%
AVTR	F	-0.06%
SNAP	C	-0.05%
LPLA	A	-0.05%
CE	F	-0.05%
OWL	A	-0.05%
OKTA	C	-0.04%
WLK	D	-0.04%
BSY	D	-0.04%
RPRX	D	-0.04%
CPNG	D	-0.03%
PINS	D	-0.03%
SIRI	C	-0.03%
ENPH	F	-0.03%
RKT	F	-0.03%
WSM	B	-0.02%
WMG	C	-0.02%