QQQI
NEOS Nasdaq 100 High Income ETF
stock NASDAQ ETF

JEPQ uses equity linked notes so there’s a lack of transparency, and it pays non-qualified dividends taxed at the normal income rate. QQQI pays utilizes 1256 contracts and pays 99% RoC, so it’s extremely tax efficient. GPIQ pays about 90% RoC so it’s almost as tax-efficient as QQQI, plus it only sells calls on 25% to 50% of its assets leaving the remaining 75% to 50% to appreciate in value without a cap.

I'm somewhat new to all these funds - What do you like better about GPIQ and QQQI over JEPQ?

You can consider adding covered call etfs, REITs, BDCs for some higher yield. I have SPYI QQQI for covered calls. I have EPR for REIT (but it’s had a big run lately, I bought it years ago lower.) I might add BXSL as BDC soon.

What I do for example: Google: "QQQI in taxable"
This generates an AI response giving details on how much it pays in capital gains, return of capital, or even tax exempt income. Repeat for each candidate stock.

Curious as to what y'all are holding and why - especially if it's something out of the ordinary.
We all know about SCHD, DGRO, VYM, and the other mainstream dividend ETFs, as well as the covered call funds like JEPQ/JEPI, and QQQI/SPYI. Let's see if we can't point each other in the direction of something on the path less traveled.
To start - I own TDVI and IGLD.
IGLD is one of the gold funds that also provides income. It doesn't provide as many gains as something like GLD during a run-up but it does provide income. GOLY is a comparable fund but hasn't gained quite as much on a total return basis.
TDVI is a tech focused income fund. In terms of total return it has beaten QQQ/QQQM since its inception. The yield is a bit over 7% so it doesn't quite match QQQI in that regard however, again, in total returns it has done quite nicely.
Both of these have higher than average expense ratios. Are they worth it? In my mind, yes. TDVI in particular has beaten the S&P500 since inception. Its older brother TDIV(creative naming, right?) has as well. In my mind, if something has a higher ER but is a superior product it's worth it. That's part of why I don't own VXUS.
Anyway, looking forward to seeing what y'all have that might be off the beaten track - maybe we can all learn a thing or two.

Not true. First, 1256 contacts are taxed 60/40 long/short term. Also, while ROC lower taxes currently, they simply postpone taxes to a higher amount later.
Basically, while SPYI/QQQI are more tax efficient than other covered call ETFs like JEPI/JEPQ, they're not as tax-efficient as owning shares and selling as long-term capital gains.
Also, that's just the bonus on top of what that chart shows, that owning the underlying asset is ALWAYS more profitable long-term than a covered call ETF.

You get nav erosion but doesn't the cost basis drop with those particular funds, thus making tax loss harvesting less worthwhile? How are the taxes handled with SPYI and QQQI when you sell the shares?

I would consider swapping QQQI in for JEPQ (if you still want an income fund). It's outperformed JEPQ and is more tax friendly if you are in a regular brokerage (or custodial) account. If you have a Roth IRA, it may not matter as much.

I prefere 6% yields or higher which is double the long term average rate of inflation. So I have PFFd 6%UTF / UTG /SCYB 7%, PBDC 9% EIC 10%, SYPI 11%, ARDC 12%, QQQI 13%

I need to do the same at some point. QQQI and SPYI seem like higher yields with almost 100% ROC which helps with taxes. I need a good sized correct to jump ship.

Keep in mind the BTCI doesn't hav the tax efficiency measures of SPYIi and QQQI

Total Return for IWMI is 8% since inception compared to 15% for the S&P500. QQQI's TR is about the same as the SP500. So 7% more for QQQI. I looked at IWMI but other ETF's like AOD and ASGI have better TR so I purchased them instead.

I put 100K in QQQI and 20K in JEPQ after my last real estate sale and haven't regretted one second of it

I agree 100%. I sold all my JEPQ and went in on QQQI and GPIQ.

GPIQ and QQQI are superior products to JEPQ. I would consider them before buying JEPQ.

I’m thinking about doing this with my Roth IRA. I want to get $1000 worth of PLTY, TSLY, ULTY, NVDY, MSTY and use all the dividends to get QQQI, SPYI, and BTCI. I then want to use their dividends to start buying SCHG. This will be a 1 year experiment and I want to see how much additional money I can “contribute” using dividends.

If you invite in a combination of dividend assets with a yeild close to 10% you would have about 50k of income per year after selling the condo. Which is probably enough to cover most of your living expense or all of the rent for the appartment. Some funds you could use are PFFA 8% yield, PBDC 9% EIC 10%, SPYI 11%, ARDC 12%, QQQI 13%.

MSFT, COST, GOOGL, VRT, MO
QQQ, XLK, TQQQ, DAX, QQQI

JEPQ > QQQI

What about QQQI?