NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) Performance
QQQH total return
Distributions reinvested · as of Oct 23, 2026- YTD
- +6.2% since Dec 31, 2025
- 1 year
- +7.0% total return
- 5 years
- +7.8% a year
- Since first price
- +9.5% a year since 2019
QQQH trailing returns vs SPY, QQQ, AGG
| Period | QQQH total return | Price only | S&P 500 (SPY) | Nasdaq-100 (QQQ) | U.S. bonds (AGG) |
|---|---|---|---|---|---|
| 1 month | −2.6% | −2.6% | −1.0% | −5.0% | +0.9% |
| 3 months | +1.9% | −0.4% | +3.2% | +1.9% | −0.4% |
| 6 months | +4.2% | −0.4% | +7.8% | +8.4% | −1.5% |
| YTD | +6.2% | −0.8% | +12.3% | +15.1% | −1.0% |
| 1 year | +7.0% | −1.5% | +14.4% | +15.9% | −1.1% |
| 3 years | +73.8%+20.2%/yr | +34.2% | +87.4%+23.3%/yr | +101.4%+26.3%/yr | +16.6%+5.2%/yr |
| 5 years | +45.7%+7.8%/yr | −2.9% | +79.3%+12.4%/yr | +94.0%+14.2%/yr | −0.8%−0.2%/yr |
| Since inceptionDec 20, 2019 | +86.5%+9.5%/yr | +7.1% | — | — | — |
Total return from adjusted closes (distributions reinvested, before tax). Periods of 3 years or more are also shown annualized. Price only excludes distributions.
Growth of $10,000: QQQH vs SPY
From Dec 20, 2019: QQQH grew to $18,650, SPY to $26,060.
Year-end values with distributions reinvested, no taxes or trading costs. Start: first common trading day of both funds.
QQQH returns by calendar year
5 of 6 full years positive. Best 2023 (+30.5%), worst 2022 (−28.3%). 2026 is year to date.
QQQH annual returns table
| Year | QQQH | Largest drop | SPY | QQQ | AGG |
|---|---|---|---|---|---|
| 2026YTD | +6.2% | −7.0% | +12.3% | +15.1% | −1.0% |
| 2025 | +14.2% | −15.2% | +17.7% | +20.8% | +7.2% |
| 2024 | +26.0% | −9.3% | +24.9% | +25.6% | +1.3% |
| 2023 | +30.5% | −9.8% | +26.2% | +54.9% | +5.7% |
| 2022 | −28.3% | −29.1% | −18.2% | −32.6% | −13.0% |
| 2021 | +9.8% | −6.1% | +28.7% | +27.4% | −1.8% |
| 2020 | +18.6% | −11.2% | +18.3% | +48.6% | +7.5% |
Largest drop = deepest fall from a high within that calendar year.
Calendar-year return vs largest drop within the year
Most years include a sizable fall at some point even when the year ends higher.
QQQH largest drawdowns
Now 4.4% below the high| Peak | Decline | Bottom | Recovered | Fall | Underwater |
|---|---|---|---|---|---|
| Nov 19, 2021 | −31.2% | Jan 5, 2023 | May 24, 2024 | 1.1 years | 2.5 years |
| Feb 19, 2025 | −15.2% | Apr 8, 2025 | Jun 24, 2025 | 48 days | 4 months |
| Sep 2, 2020 | −11.2% | Sep 18, 2020 | Feb 5, 2021 | 16 days | 5 months |
| Feb 19, 2020 | −10.5% | Mar 20, 2020 | Apr 29, 2020 | 30 days | 2 months |
Declines from a closing high (distributions reinvested) of 10% or more. Underwater = time from the peak until the old high was regained.
QQQH risk statistics
| Statistic | 3 years | 5 years | Since 2019 |
|---|---|---|---|
| Annualized return | +21.3% | +8.8% | +10.1% |
| Volatility (annualized) | 10.6% | 13.3% | 13.2% |
| Sharpe ratio | 1.48 | 0.44 | 0.60 |
| Sortino ratio | 3.25 | 0.62 | 0.88 |
| Best month | +10.4% | +10.4% | +10.4% |
| Worst month | −4.3% | −13.9% | −13.9% |
| Best 12 months | +37.7% | +37.7% | +37.7% |
| Worst 12 months | +10.6% | −28.3% | −28.3% |
| Positive months | 72% | 65% | 65% |
| Beta vs S&P 500 | 0.75 | 0.67 | — |
| Correlation with S&P 500 | 0.88 | 0.79 | — |
From monthly total returns. Sharpe and Sortino use 1–3 month T-bills (BIL) as the risk-free rate, so they need history from 2007 on.
QQQH rolling returns
| Holding period | Periods | Worst | Median | Best | Positive |
|---|---|---|---|---|---|
| 1-year | 71 | −28.3% | +14.2% | +37.7% | 77% |
| 3-year (a year) | 47 | −2.6% | +5.4% | +23.4% | 79% |
| 5-year (a year) | 23 | +6.8% | +8.1% | +9.6% | 100% |
Every holding period starting at a month-end since 2019. Returns for 3 years and longer are annualized.
QQQH performance overview
NEOS Nasdaq-100 Hedged Equity Income ETF (QQQH) returned +7.0% over the past year and +7.8% a year over five years, with distributions reinvested. Since its first recorded price in 2019 it has returned +9.5% a year, turning $10,000 into about $18,650. Over the same year S&P 500 (SPY) returned +14.4%.
The deepest decline was −31.2%, from Nov 19, 2021 to Jan 5, 2023, and it took 1.4 years to get back to the old high. QQQH finished 5 of its 6 full calendar years with a gain; the best year was 2023 (+30.5%) and the worst 2022 (−28.3%). Volatility has been 13.2% a year.
Related: QQQH chart, QQQH holdings, QQQH dividends, QQQH valuation. See the QQQH overview for the latest quote and fund facts.
QQQH performance FAQ
What is the QQQH return over the past year?
QQQH returned +7.0% over the 12 months to October 23, 2026, including reinvested distributions. On price alone it fell 1.5%.
What is the average annual return of QQQH?
QQQH has returned +7.8% a year over 5 years, +9.5% a year since December 20, 2019 (total return, distributions reinvested).
How much would $10,000 invested in QQQH be worth?
$10,000 invested in QQQH at its first recorded close on December 20, 2019 would be worth about $18,650 on October 23, 2026 with distributions reinvested.
What was the worst year for QQQH?
The worst calendar year was 2022, with a total return of −28.3%. The best was 2023 at +30.5%.
What is the biggest drawdown of QQQH?
The largest peak-to-trough decline was −31.2% between November 19, 2021 and January 5, 2023. It recovered to the old high on May 24, 2024, 1.4 years after the bottom.
How volatile is QQQH?
Over the past 3 years QQQH had an annualized volatility of 10.6% and a Sharpe ratio of 1.48 (excess return over 1–3 month T-bills per unit of risk).