JEPQ or QQQI?

Created at 12.**.211.18 46 8 0

I am in my 60s and plan to invest $10,000 once a year for 10 years. Which of the two offers a better return? I want monthly dividends. Please give me your advice. Thank you.

Tags JEPQ QQQI Facebook X
Comments 8
63.**.229.15
Don't go all-in on a single covered call ETF; divide your investment among 2 to 3 of them. For example, QQQI: GPIQ = 50:50.
59.**.103.11
50:50 60:40
132.**.248.156
People say QQQI doesn't go up, but while it doesn't rise as much as QQQ, it does go up.
As someone who retired early this year, I don't need to live off dividends yet, so having bought $100,000 worth in the $40 range and now keeping $200,000 in QQQI, I am continuously reinvesting the monthly dividends of over $3,000 into VOO and QQQ.
When I calculated it, the dividend is higher than bank interest, and reinvesting those dividends leads to a much larger investment amount after 10 years.
Since QQQI is currently in the $56 range, even while reinvesting dividends into ETFs, the price appreciation alone is $15,000.
70.**.112.54
You can assume that both have almost no 'yield.' Instead, they pay high dividends every month. Someone mentioned they were investing in QQQI and asked if the underlying stock wouldn't also rise to around $100 in 10 years, but I don't think so at all. Since both have a short history, looking at the charts might not be 100% conclusive, but looking at their 2–4 year track record, they don't seem to be stocks where you should expect gains on the underlying stock itself. QQQI's dividend seems to be higher, and if you take that and reinvest it, you might be able to expect a 'rate of return' through dividend reinvestment.
59.**.241.27
There were a lot of posts.. from what I understand, I think they said QQQI or GPIQ is good.
34.**.152.188
Since it's a covered call, you definitely capture fewer gains during growth periods, but they say GPIQ is better because it doesn't miss out on growth either... I'm planning to accumulate GPIQ as well.
13.**.111.230
QQQI pays dividends every month, but does GPIQ also pay dividends every month?
166.**.189.232
If you search for "dividend," people have posted a lot of great information.
Take some time to read through it all and study up on it.
Rather than vaguely asking "Which one is better?", it can vary depending on individual circumstances and thoughts, right?
I am also worried since retirement is right around the corner for me, but try searching for posts.
It will be very helpful. You will also be able to understand the yield once you study it first.
I've also received a lot of help from the smart Missies here.
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