QQQI
NEOS Nasdaq 100 High Income ETF
stock NASDAQ ETF

I'm holding about $25k of ET & ENB in my taxable account and dripping the dividends. I would be comfortable buying more on major pullbacks. However, am investing more
of my taxable brokerage funds for retirement in CC ROC ETF's, such as QQQI, SPYI and GPIX. My largest holdings that generate income for me by far are my dividend ETF holdings (SCHD, VIG, CDGC, PVAL, FDVV, VYM, IDVO etc.) Some of these are held in my traditional IRA and some in my taxable. Oh, am holding a good deal of national muni bonds in ETF's in my taxable as well, for federal tax free income generation.

8/10 Years SPMO beat SPY/VOO and its' drawdown was smaller in the red years. Why could we not extrapolate from that and say that it would have been a similar situation in 2000 and 2007? I asked Gemini to make a simulation of SPMO performance in those bear markets and it said it would have performed a little bit better. Of course we don't have to take that for granted but I'm sure somebody somewhere cand make a pretty accurate simulation.

I trust SPMO in the long run and will continue to invest in it instead of SPY or QQQ.

About QQQI i totally agree with you and I'm sure 99.99% of the people here would be 100% in it if it were to go like you say; but I'm sure that somewhere along the way it will fall 50% and that will be very painfull. Also, I am not so afraid of the fall but of the recovery time (last time it crashe it took something like 10 years to recover- ouch).

I'm retired, w\my IRA, I've gone all in, with QQQI, SPYI, JEPI and JEPQ.
I contribute a small percentage of that income into SWVXX as my emergency cash.
I def use that monthly income for getting my bills paid.

39, (turning 40 in one month). Laid off recently, paying for rent and some expenses with dividend income, it should be roughly enough to get by while I get a new job. The plan is for my son and wife to get any job (even part time) and that should get us by. Me, I have to leetcode and prepare for interviews.
Portfolio: 50/50ish on QQQI and SPYI. I plan on adding a 3rd one once I get my layoff lump sum, actually researching which one to add right now, recommendations are welcome!

You'd do better just buying the underlying assets and making your own income at exactly the amount and timing you needed it. QQQI and SPYI lag the QQQM and SPYM by about 4% per year. That's a huge loss compounded over decades.

I collect around $4,000/mo in SPYI/QQQI dividends per month. I use it for my kid’s college tuition. It’s been a very good tool for that purpose. I am retiring next year and plan to move to 40-45% dividend income for my living expenses while keeping 55-60% in VTI and a few other growth funds.

66 next week, still work, plan to retire @ 68 & 5 months. Want to work 1 yr without earnings penalty from SS, FRA 67. Have about 6% of portfolio invested in QQQI, SPYI, QDVO, GPIQ. I add significantly to this basket which pays me about $2,200 mo. But, I add more aggressively to my core holdings of the basics: mutual funds & ETFs, a few from Fidelity & Vanguard, Schwab, T Rowe Price…primarily VOO, VOOG, FSPTX, FXIAX, SCHG… Heavy on tech, S&P 500, banking. Old, very old. Also hold other SPACS, LPs, midstream pipeline companies such as MPLX, ET, ENB. Many other names too… O, JEPQ, BST, UTG, the dog PFE, BTI, MO, CGC (loser), STK, AGNC…
Most are winners and powerful dividend payers. Some are duds.
And lots of SPCX, META, AAPL, NVDA just for fun.
But, the best way to win: skip all this crap and add to your core holdings now & forever. The broad based, not too eccentric, S&P and Technology Funds are guaranteed intermediate & long term winners. They are also short term winners about 70% of the time. I feel like I’m too old to untangle the mess I made without significant tax consequence, but the bulk of new money, expected to continue forever, is invested in core ETF holdings, ROTHED to the max, but outside retirement accounts too. Some is peeled away for fun. We are all at the mercy of America in that risk assets could enter a prolonged period of downward repricing if the perception becomes the rapid decline of capitalism resulting from recent election results. Or, God forbid, if the investing community is convinced we are headed toward adoption of European economic and societal models. Then we’re truly doomed. If they kill the goose, real or imagined, our assets go with it.
There’s nowhere to hide if you have any money at all.

B, only about 2.5%, but I am now adding $1k per month. 2.5yrs away from retirement, only have QQQI and GPIQ, although I have been thinking about adding ROCQ. All in taxable.

SPYI and QQQI are only beating SPY and QQQ because the last couple years have been a perfect storm for covered‑call ETFs. You’ve had nonstop high implied volatility and barely any real price movement. Geopolitical stuff — Iran messing with oil supply, Russia–Ukraine dragging on for years — keeps fear elevated even when the market isn’t actually trending. That’s great for CC funds because they sell calls when IV is high, and the index doesn’t move enough to blow through the strikes. So the premium they collect ends up bigger than the trend they’re giving up.
Meanwhile SPY and QQQ have basically been in a slow grind‑up chop, not a real bull run. SPYI/QQQI also sell OTM calls, so they keep a little upside while scooping up volatility decay from earnings and geopolitical spikes. But this is all short‑term luck, not long‑term structure. Once oil and geopolitical tension cool off — and they always do — IV drops, premiums shrink, and covered‑call ETFs go right back to underperforming. They look good now because conditions are rare, not because they somehow beat SPY or QQQ over time.

Thanks. SPYI and QQQI are tax deferred for until i sell so worth the look there.

A broken clock is right twice a day. People act like CC funds are magic and everyone’s going to “get out” before the downside hits. QQQI and SPYI are the same story — they sell calls, so their upside is capped. They only beat QQQ or SPY in short, choppy windows when volatility is high because that’s the only time the premium is bigger than the upside they’re giving away. Long term they mathematically underperform because they trade away the exact gains that create compounding. I’ve held QQQ for decades and I’m up \~2700%. No covered‑call ETF can do that because they literally sell off the upside every month. These funds are 2–4 years old and haven’t lived through full cycles. They look good now, but over real time they get smoked by actual growth. Facts

Depends on why you are investing. I like income that is low risk, and quality CEFs provide that. When there is a market correction, it will be very interesting to see how CC funds such as QQQI behave.

It’s about 10% for me split evenly between QQQI and SPYI. The rest is VOO/SCHD/VXUS/SGOV (for emergencies).

75% currently, almost 40. Have exited/exiting real estate investments to switch to equal weighted IWMI, QQQI, SPYI, MLPI currently which gives me \~6400/mo. I have another investment property on the market that’ll give me around another 700k to add more plus IAUI and GPIQ/GPIX
The cash flow beats real estate after taxes and I don’t spend 100% of the total so I don’t worry about the growth drag, I can save between 4-7k/mo to put into VT or other investments to make up for that side of it. I also have quicker access to borrow funds if I wanted at a lower rate than borrowing against the real estate outright

Is SCHD better than QQQI?

I have already retired I built a dividend portfolio in taxable brokerage account using QQQI 13% yield, SPYI 11% yield, KGLD 11%, EMO 8.5%, UTF 7%, UTG 6.2%, PFF 6%. This portfolio generates more income than I need for living expense of 5K a month. This insures I always have some income reinvested to compensate for inflation. And if a dividend reduction occurs in any one of these I should be OK. I have growth in my 401K and Roth

As some others mentioned check TDAQ and ROCQ before going QQQI.

Since this is surprise $, unfortunately it's not FU$ (approx. $5M IMO). Don't let it change your life or get to your head.
$10k blow it on a watch, experience, or something for you and your fam. Don't put a down payment on a car you can't afford. Liberate yourself from ever needing a loan (except maybe a home).
30% into QQQI, should generate a nice monthly dividend. Re-invest until you need to use the dividends only.
30% into SMH, best performing industry and fund over the last 30 years.
20% into VTI or SCHB, or the like. Diversified.
10% into stocks. Something you can manage quarterly. AVGO, MU, LITE, QTUM, etc....
All the best. Hold for 1 year to reduce capital gains where and when you can. Develop a strategy on how you want your $ to work for you. Don't quit the day job but have fun and enjoy!

I have seperate ETF’s for that haha. SPYI and QQQI in my opinion is a high reward, high risk product, so a small amount of my position is there. I would like to grow it to the point where each month would buy me 2 shares of QQQI after DRIP and cut all additional funding after, but we will see. So many things can change fast it’s not worth focusing too much on the future as of right now

I understand your concern with this. But SPYI has 35% to 42% exposure to the AI economy as well vs QQQI at 58% to 71%. IWMI has the least exposure to AI, about 3% to 5% if you don’t want to worry about a bubble connected to the AI economy.