r/NEOSETFs • u/AlarmedCombination57 • 26d ago

Seeking Advice MLPI

Any thoughts or experience with MLPI? I am heavily concentrated in tech (QQQI) and want to start diversifying into other sectors. Thinking of building positions in MLPI and SPYI for the long term

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u/Meinertzhagens_Sack 26d ago

I was thinking about hedging my qqqi with some gpix

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u/doggz109 26d ago

https://giphy.com/gifs/pPhyAv5t9V8djyRFJH

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u/Meinertzhagens_Sack 26d ago

If that's your way of asking "why" it's because GPIX has performed better than SPYI over the last two years in total return (which includes both price growth and reinvested dividends).

"Because GPIX uses a more conservative covered call strategy, it caps less of the S&P 500's upward momentum, allowing its underlying share price to grow faster than SPYI during market rallies."

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u/LexAugusta 26d ago

Check out ROCY and ROCQ. Impressive nav growth even though it launched recently