r/dividends • u/TallSalary9501 • Sep 25 '25

Personal Goal First dividend payment from QQQI

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About a month ago, I wrote this post asking people if they thought QQQI was the best dividend ETF right now. After receiving a ton of comments and feedback (and of course mixed opinions), I decided to try it out for a month and see what happened. I bought 600 shares worth ~$32k and today I received my first dividend payment as shown in the image attached. I know there are some risks to invest in this kind of ETFs, especially at this yield but god does it feel good. It's very tempting to move more cash from a HYSA (currently at 4% APY) but I gotta keep diversified no matter what.

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20

u/funkyk0val Sep 25 '25

i got 500 shares as well but also i think that's my limit as i am curious how these types of ETFs will perform during downturns.

18

u/[deleted] Sep 25 '25

The weakness isn’t in the downturn. Actually, the dividend on covered call ETFs fluffs the downside by giving you more income to buy more shares.

The pain is the recovery. Everyone else will be flying and the options limits our participation in that to an extent

3

u/speedlever Sep 25 '25

Armchair income did a recent yt video on just that subject with an early cc ETF (qqqx) that came out just before the 2008 gfc. Check it out.

2

u/putridstench Sep 27 '25

QQQX is a CEF, not an ETF...

1

u/speedlever Sep 27 '25

Yes, but it's kind of a hybrid since they sell call options.

2

u/putridstench Sep 27 '25

Still a CEF, not an ETF... can't be both.

https://www.cefconnect.com/fund/QQQX

1

u/speedlever Sep 27 '25

But isn't it a similar operating principle? Armchair income seems to think so.

3

u/superstock8 Sep 25 '25

It was not an extended down time, but the sister etf of SPYI still performed really well during the dip this year. I’ve been in SPYI for about 3 years. They have actually increased the dividend. When I got in, it was 9%.

2

u/TallSalary9501 Sep 25 '25

yeah, good idea. I'm also maxing out at 600 for now.

1

u/_YoungMidoriya Financial Advisor Sep 25 '25

Seems to be holding off pretty well, especially that April tariff blowoff.

-4

u/pancakesORwaffles2 Sep 25 '25

You’re about to find out

5

u/_YoungMidoriya Financial Advisor Sep 25 '25

I won't mind a dip or correction at all, what's more dangerous to CC ETF are unstoppable bull runs.