QQQI: A Tech-Focused Covered Call ETF With AI Upside

The Asian Investor
29.21K Followers
(8min)

Summary

  • QQQI offers high-yield exposure to AI-driven tech giants, especially the magnificent 7, through a Nasdaq-focused covered call strategy.
  • The ETF benefits from surging AI investments by leading tech firms, with generative AI spending projected to grow 76% Y/Y this year.
  • QQQI has delivered strong returns since inception, but its short track record poses a risk compared to more established, diversified ETFs.
  • For investors bullish on AI and tech CapEx, QQQI provides growth and monthly income, but sector concentration and limited history warrant caution.

AI powers big data analysis and automation workflows, showcasing neural networks and data streams for business. Artificial intelligence, machine learning, digital transformation and tech innovation.

NicoElNino

The NEOS Nasdaq 100 High Income ETF (NASDAQ:QQQI) is a Nasdaq-oriented covered call ETF with significant exposure to the artificial intelligence theme and that currently pays investors a dividend yield in excess of 14%. The NEOS Nasdaq 100

This article was written by

29.21K Followers
I am interested in a lot of technology and AI stocks like Google, Nvidia, AMD, Tesla and Amazon.

Analyst’s Disclosure:I/we have a beneficial long position in the shares of QQQI, JEPQ, JEPI, NVDA, AMZN, GOOG, AAPLTSLA, META either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

Recommended For You

About QQQI ETF

SymbolLast Price% Chg
Expense Ratio
Div Frequency
Div Rate
Yield
Assets (AUM)
Compare to Peers

More on QQQI

Related Stocks

SymbolLast Price% Chg
QQQI
--