Goldman Sach's QQQ covered call ETF
Sells covered calls on 25-75% of the fund allowing upside growth unlike JEPQ's 100% cap
Was only 1% behind QQQ in 2025 for total return. The dividend pays average of 10% per year.
ALUM nearly 4 billion and GS isn't in the business of losing money
I don't mind being a hair behind QQQ in total returns when can generate such an income. See a lot of posts here mentioning SCHD, DGRO, but the growth is not the same and the dividend is much smaller. Why sell yourself cheap? GS can sell covered calls at a professional level which retail cannot replicate, let them worry about selling options while still receiving growth.