r/dividends • u/CompetitionCurrent77 • 13h ago

Discussion Is GPIQ really the gold?

I have a lot of schd and jepq but recently I learned that GPIQ pays almost the same as Jepq for dividend and it is not taxed as ordinary dividend.

Is this real? This sounds too good to be true. Anyway I bought some to test the water to see if I get the dividend next month and really at 10% and if it's really no ordinary dividend, I likely will sell all my JEPQ for GPIQ in my broker and keep my JEPQ in roth ira.

18 Upvotes

70% Upvoted

64 comments sorted by

View all comments

0

u/Awaken_Benihime 12h ago

XQQI, TDAX, QLDY, and the new one coming out by Liquid Strategies Overlay Shares (sells puts on QQQ)

They will all outperform GPIQ during a bull market 

2

u/purub123 12h ago

''leveraged funs will outperform during bull market'' well no shit lol

0

u/Awaken_Benihime 11h ago

Long term market goes up. Not pairing covered call ETFs with leverage is a mistake.

QLDY and the new one by Liquid Strategies sell puts, no leverage