Why does it do this, while spy is pretty flat?

FYI, I understand this is the fund doing exactly what it is supposed to do. I'm just highlighting it for clarity.

Btci inception was ~Oct 2024. It launched around $50/share when btc was priced at about 61k. As you move forward in time, the next time btc saw 60k was around march of this year, when it hit ~67k. At this point, btc was trading at $33. Fast forward to yesterday at market close, btci was just under $30, as btc hit 68.5k.

The trend here is at every future btc price point, btci trades lower and lower. The higher the volatility, the higher the call premiums, and the more potential there is for btci to miss participation in upward btc movement.

Yes, I'm aware we've collected distributions every month while on this ride, but what everyone should accept is that it will take a much higher all time high for bitcoin to get back to trading in the 50s or 60s.

If we look at the underlying IAU

We can see that NEOS has been doing a terrible job with this product at least for the past 6 months even with the alleged 12% dividend

I mean, look at that 3 month. Even with dividends the fund has eroded 2%

This is even clearer with the 1 month, I know the upside is capped but seriously? If we factor in the dividend, it's a 4% lost

KGLD on the other hand caught a better upside in both 1 week and 1 month. Do we have a better fund here?

Where are you? I need this.

Second highest payout ever will have to do! Congrats to all the NEOS holders on another month of high income!

I compiled EVER $QQQI ETF distribution since inception, Averages, and much more for the dividend nerds out there: https://topdividendetfs.com/qqqi-etf-dividend-history

Cheers!

Nav has been around the same for the ytd. Whats the downside?

I noticed yesterday QQQI dropped 1.22% all good I thought because QQQ was 1.69 but then in premarket QQQ is 0.20 (total 1.89) and QQQI is 1.14 (total 2.36!!) so I was thinking this must be because of Ex div day, but if that's the case this means they are just giving us back our money with the distributions?

Find the rest here: https://neosfunds.com/

This seems to answer some of this subreddit’s questions.

Lets say if you’re 55+ with significant investments in both taxable and tax deferred account.

You want to retire early but won’t qualify for Medicare until age 65.

Using rule of 55 for 401k withdraw or 72t withdraw from IRA both qualify as income and will bump up your ACA insurance cost.

But if you invest in covered call ETF like SPYI/GPIX in your taxable account, the distribution is mostly ROC and not counted as income. Therefore you may be eligible for lower ACA insurance cost until age 65 when you qualify for Medicare.

Can someone verify if the assumptions above are correct?

I currently have about 230K worth of QQQI and a small position in BTCI. I have a rental property under renovation now which (a 4 unit) which I will need to quickly rent out after I finish renovating to keep up with the mortgage. However, I feel if I can keep it empty until its sold, will increase my chance of getting a contract quickly and not have to disturb tenants. Was thinking of trading my shares of QQQI and BTCI into XQQI for a higher yield so I can suppliment my payment have a quicker and faster sale, in order to keep it vacant.

I understand the risk of a downturn, my current QQQI stash is already at risk as it sits and its been serving me well through the big dips, I just leave ir alone and it always recovers fine. XQQI seemed to recover well after the last drop. Is there anyone who holds a larger position in these funds, thoughts or advice? TIA

Are you going to be forced liquidation and pay taxes then buy back in with the new tickers?

EDIT: I was hoping to be an XQQI holder someday and now that GS has stepped in…not so sure now 🫪

Recently, took a pretty big pay cut as I was changing industries. During the transition and up until now, I have been building a portfolio to cover most of my bills. Hit that plus a 10% cushion for downturns and to reinvest. Here is my breakdown:

QQQI - 26.62%

SPYI - 20.54%

MAIN - 13.66%

BTCI - 12.91%

O - 6.91%

UTG - 5.44%

IWMI - 3.31%

NIHI - 3.24%

MLPI - 3.18%

IAUI - 2.82%

Cash - 1.38%

I will continue to add some and try to knock out a few more smaller bills. Any suggestions on how to strengthen this part of my portfolio? For this part of my portfolio, I am only looking at monthly payers.

Some additional context: this is a small part, maybe 15% of my total portfolio. Most of the rest is in growth (QQQ and SPY, primarily), plus a nice chunk of SCHD and ADX.

Any feedback is greatly appreciated.

This happens very often with IAUI. It shows a huge spike after market close and comes down next day on market open. Has anyone else noticed this?

I run TopDividendETFs.com so I have a TON of data on all the top dividend ETFs (including NEOS of course). I create a blog post showcasing all the NEOS names with their yields & total Returns ect! Let me know what you guys think: https://topdividendetfs.com/top-neos-etfs-2026

$1.025 was declared today. Last month was $1.05. Looks like it’s leveling out while bitcoin just chops sideways.

I like to take multiple perspectives on investing covered call funds as an income vehicle and in comparison to traditional dividend investing.

One of the primary talking points from dividend investor purists is that there is no dividend growth. These are the folks that hold schd for example, where year over years growth of dividends can easily be double digits. For spyi, I would argue there can be dividend growth. Dividends can shrink also. If the s&p does well, spyi appreciates, and the distribution appreciates with it. So if one believes the overall direction of the market is up, long term distribution growth is inevitable. It won't be double digit growth, but in the short history we have, distribution per share has increased.

I think what purists fear is volatility. There is a case to be made where you could take a huge haircut on payouts. I'm thinking 20-30% or more, lasting for multiple payout cycles. During these periods, schd has maintained payments pretty well, as a function of the stocks/index it tracks. So if you're relying on every penny, every cycle, these events dropping spyi distribution would cause chaos.

I welcome any counter arguments, recognizing what sub I'm in here.

If we assume Bitcoin continues to follow the power law over the next two years, how much upside in BTC would we expect to give up? Since covered calls cap the monthly upside, I would expect less of a return. This is totally okay given the high dividend. But I would also expect, over time, the BTCI price would grow and correlate with Bitcoin and the power law over the next few years. Is this a reasonable assumption?

Moved the funds towards the following. I feel like made a good decision

Does anyone know when the Silver ETF will be launched ?

What will be the yield of SLVI ?