Search results for Neos

Solid buy & hold high-income ETF list 🔖👇 $DRKY – VistaShares Target 15 DRUKMacro Distribution ETF (15.0%) $TSPY – TappAlpha S&P 500 Growth & Daily Income ETF (14.2%) $QQQI – NEOS Nasdaq 100 High Income ETF (14.0%) $IAUI – NEOS Gold High Income ETF (12.5%) $SPYI – NEOS S&P 500 High Income ETF (11.94%) $QDVO – Amplify CWP Growth & Income ETF (11.0%) $KGLD – Kurv Gold Enhanced Income ETF (10.6%) $JEPQ – JPMorgan Nasdaq Equity Premium Income ETF (10.4%) $GPIQ – Goldman Sachs Nasdaq-100 Premium Income ETF (10.0%) $ISPY – ProShares S&P 500 High Income ETF (10.0%) Built for investors focused on consistent cash flow 💸

I find it incredibly ironic looking at the covered call income community. Lately everyone has been obsessed with NEOS products like $SPYI and $QQQI because of their "tax alpha." And to be fair, the math on their tax structure is clever. Because they use $SPX / $NDX index options, they can classify up to 90%+ of their massive monthly payouts as Return of Capital (ROC). That means zero immediate tax drag. The money hits your account tax free, lowers your cost basis, and defers the tax bill until you sell. But here is the absolute kicker: people are taking these tax deferred distributions and immediately reinvesting them to "build the snowball" during their working years. Think about what is actually happening under the hood. By buying a covered call ETF, you are actively selling away your upside. When the Nasdaq or S&P 500 rips, your fund caps its growth because of the options overlay. So you're intentionally stunting your portfolio’s capital appreciation, receiving a tax deferred cash payout to compensate for it, and then instantly buying back into the same asset that caps your growth. You are doing a mountain of accounting gymnastics just to create a synthetic, underperforming growth fund. Why play this game for 40 years? It makes infinitely more sense to just buy the pure, uncapped underlying assets (like $SPY or $QQQ). You get the exact same benefit (zero tax drag during accumulation), but you actually get the full upside of the market. When you finally cross the retirement finish line and need the cash flow, that's when you deploy the strategy. Take your massive, uncapped nest egg, flip the switch, and buy into SPYI or QQQI. That is when you actually want the income faucet and the ROC tax deferral to pay your bills. Pumping these funds during your wealth building years just to click "reinvest" isn't financial wizardry. It’s sacrificing massive capital growth for a psychological safety blanket, wrapped in a tax loophole you don't even need yet. Accumulate with pure total return. Use the income ETFs when you actually need the income. Everything else is just doing extra steps to lose money.