Rich Habits on $SPYI (Nov 5, 2026)
SPYI is much better than JEPQ for this income-focused situation: broader S&P diversification, NEOS-style tax efficiency and income should bring better performance and tax efficiency. For larger income needs, SPYI-style covered-call ETFs targeting high single digits are an option; total-return data show SPYI, QQQI and NEOS equivalents beating JPMorgan products.
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And you also mentioned income and I definitely definitely love the fact of you talking about SPYI also in your curious question of what you should be doing and I think SPYI would be way better than Jeep Q for your situation.
That's my opinion here because if you think about it from this perspective, SPYI gives you broader S&P diversification and the tax efficiencies that we like about the NEOS products, but it also gives you income.
So, I like that because I think overall you're going to get better performance, better tax efficiency, and just you'd be in a much better situation with that over Jeep Q.
If it's a larger number, you now need to figure out well do I need to to Robert's point incorporate some of these covered call ETF strategies like an SPYI that focuses more on a higher income yield high single digits?
and I'm not tooting my own horn here but like quite literally if you go into Morning Star or any other you know financial analysis platform that's going to show you total return over a specific period of time spy QQQI and the equivalents of NEOS when compared to JP Morgan's products just blow them out of the water.