QDVO
Amplify CWP Growth & Income ETF
stock NYSE ETF

I'll say it's difficult to predict how things will go over the long term. QQQI and JEPQ were essentially even until April 20th tariff announcement. During the recovery, JEPQ (and JEPI as well) didn't perform as strongly as the other covered call funds.
But if you exclude the period between April 20th 2025 and May 14th 20225 (just those 3.5 weeks), then JEPQ has performed better overall (though just slightly). The difference in total returns that we see between the two funds really comes down to one bad month for JEPQ that hadn't happened before the tariffs and hasn't happened since.
So we have to consider a couple of questions - why did JEPI/JEPQ underperform in the wake of the tariff announcement and have they done anything to address that month's underperformance so that it isn't repeated?
For long-term investment, I think the safest option is to just pick the lowest yield funds - GPIX and GPIQ - as these should also have the potential for the greatest price appreciation, resulting in the best chances at highest total returns. Well, at least in terms of covered call funds that track a specific index. It's always possible that funds that "sort of" track these indexes, like QDVO or KQQQ, could end up performing better overall, but it's a gamble.

I'll say it's difficult to predict how things will go over the long term. QQQI and JEPQ were essentially even until April 20th tariff announcement. During the recovery, JEPQ (and JEPI as well) didn't perform as strongly as the other covered call funds.
But if you exclude the period between April 20th 2025 and May 14th 20225 (just those 3.5 weeks), then JEPQ has performed better overall (though just slightly). The difference in total returns that we see between the two funds really comes down to one bad month for JEPQ that hadn't happened before the tariffs and hasn't happened since.
So we have to consider a couple of questions - why did JEPI/JEPQ underperform in the wake of the tariff announcement and have they done anything to address that month's underperformance so that it isn't repeated?
For long-term investment, I think the safest option is to just pick the lowest yield funds - GPIX and GPIQ - as these should also have the potential for the greatest price appreciation, resulting in the best chances at highest total returns. Well, at least in terms of covered call funds that track a specific index. It's always possible that funds that "sort of" track these indexes, like QDVO or KQQQ, could end up performing better overall, but it's a gamble.