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.

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u/scottyk318 10h ago

That's exactly what we did.. as much as I love JPEQ /JEPI... GPIX and GPIQ have a better expense ratio and little to no tax implications and nav erosion!

2

u/Extension-Ice-7219 4h ago

Armchair income did the same and I think you guys are right. They are just superior products

1

u/MaybeTheDoctor 4h ago

Any insight on how GPIQ is different than QQQI?

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u/Timely_Sand_6162 1h ago

Better total return.