Make $1,151 Monthly With This 14.42% Yielding ETF From NEOS

Covering QQQI, the sister fund of NEOS’s popular SPYI fund.

Photo by Christian Wiediger on Unsplash

If you had $100k invested into this fund, you could generate approximately $1,151 monthly for a yield of 14.42%.

The question, however, is what fund? And also, should you invest in it for the monthly distributions?

Today, I’ll cover QQQI, the NEOS NASDAQ-100(R) High Income ETF.

This fund was launched at the end of January this year and is the sister fund to NEOS’s popular SPYI fund. I covered SPYI at the end of last year.

SPYI: Is This 12.11% Yielding Fund Better Than JEPI?

Due to the popularity of SPYI, QQQI has received increased interest, generating over $168M in AUM in less than four months.

What strategies make this fund so popular? Let’s find out.

QQQI — The NASDAQ 100 and NDX Call Options

Fundamentally, QQQI is a fund that sells call options. The fund holds the NASDAQ 100’s stock components and writes monthly out-of-the-money…