QQQI vs SPHY: ETF Comparison
Compare QQQI (NEOS Nasdaq 100 High Income ETF) and SPHY (State Street SPDR Portfolio High Yield Bond ETF) side by side by average annual total return since inception — one fair number covering price and dividends.
Updated Sep 15, 2026
*For entertainment purposes ONLY! NOT financial advice! Data may be inaccurate.*
QQQI vs SPHY: The Verdict
On average annual total return since inception, QQQI decisively outperforms SPHY: +18.8% per year vs +4.9% per year — a gap of 13.9 percentage points annually. Total return counts both price movement and dividends, so this is the whole picture of each fund's performance, not just yield.
Keep the track records in mind: SPHY has been trading for 14.2 years, while QQQI has only 2.7 years of history. A shorter track record means the younger fund's average has been shaped by fewer market environments — one strong or weak stretch moves the needle more.
Income investors will notice the yield gap: QQQI currently yields 14.0% vs SPHY's 7.54%. Higher yield often comes with trade-offs in price appreciation, which is exactly why total return is the fairer scoreboard.
QQQI vs SPHY Side-by-Side Data
| Symbol | Name | Provider | Inception | Age | Total Return | Avg. Annual Return | Yield | Expense Ratio | Grade |
|---|---|---|---|---|---|---|---|---|---|
| QQQI | NEOS Nasdaq 100 High Income ETF | NEOS | 1/20/2024 | 2.7y | +58.0% | +18.8% | 14.0% | 0.68% | B |
| SPHY | State Street SPDR Portfolio High Yield Bond ETF | State Street | 6/18/2012 | 14.2y | +97.0% | +4.9% | 7.54% | 0.05% | D |
QQQI vs SPHY — Frequently Asked Questions
Which is better, QQQI or SPHY?
By average annual total return since inception, QQQI decisively outperforms SPHY (+18.8% vs +4.9% per year). "Better" depends on your goals — yield, payout frequency, and strategy differ between the two funds.
What is the difference between QQQI and SPHY?
QQQI (NEOS Nasdaq 100 High Income ETF) is offered by NEOS and currently yields 14.0%. SPHY (State Street SPDR Portfolio High Yield Bond ETF) is offered by State Street and yields 7.54%. Their average annual total returns since inception are +18.8% and +4.9% respectively.
Does QQQI pay a higher dividend than SPHY?
QQQI currently yields 14.0% and SPHY yields 7.54%. Remember that yield alone doesn't capture performance — total return (price + dividends) is the fairer comparison.