Oct. 27 at 6:56 PM
$QQQI $JEPQ $GPIQ The math doesn't add up.
Holding these versus
$QQQM over the same time period, you'd be better off selling off the gains made with
$QQQM than getting a year's worth of distributions from any of these covered call ETFs. For a
$10K investment year-to-date, you'll make
$300-
$800 more with
$QQQM alone.
I don't understand the logic of these covered call ETFs long term, you're capping your own growth for these "tax-advantaged" distributions. Someone care to explain the appeal of these funds?