NEOS Nasdaq-100(R) High Income ETF (QQQI)
52.34
-0.02
(-0.04%)
USD |
NASDAQ |
Jun 18, 16:00
52.85
+0.51
(+0.97%)
After-Hours: 07:51
QQQI Alpha (Since Inception)
Alpha (Since Inception) Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Alpha (Since Inception) Data
Date | Value |
---|---|
May 31, 2024 | -- |
April 30, 2024 | -- |
Date | Value |
---|---|
March 31, 2024 | -- |
Alpha Definition
Alpha measures the excess return that a security provides. Alpha can be measured by taking Risk Adjusted Security Return - Beta*(Risk Adjusted Market Return). This formula will return the outperformance that the security provides. Alpha is an important metric for active investing, where investors look for outperforming a particular benchmark.