What's the Difference Between These NASDAQ Income ETFs?

What's great about the industry, by the way, is JebQ was first. They were using ELNs, and you have all these different versions to sort of try to make it maybe more efficient or make a difference on taxes. But overall, like you said, they're all kind of doing the same thing. I think it's sort of just looking personally what kind of scenario this is.

Is this in a taxable account or qualified account? Are you looking for more income? Are you looking for more upside? So, you have those kind of choices across all of these. One thing that I do like about GPIQ that he mentioned is that it's dynamic.

So, they're not keeping a consistent hedge. They're sort of just seeing what the market conditions are, and they might change that. So, you do have the potential for more equity participation with GBIQ. JebQ was the first and is the largest, but like he was mentioning, these ELNs, they tend to be less tax efficient.

That's because they're taxed more as ordinary income. So, that can impact your tax situation if that's what you're using. QQQI from Neos actually came out after JebQ to alleviate that issue. So they're not using as much ELN. They're using index options which are more tax efficient. So really it's kind of the same thing but just more tax efficient with QQQI.

QQQA, like you were mentioning, is very similar to GPIQ. It's newer and a little bit cheaper. With QQQI, the Neos one, it tends to be a little bit steadier in its payouts. JebQ can sometimes be a little bit more sporadic just based on what the market is doing.

So again, they're all more or less trying to do the same thing, but I agree with David. I like the dynamic aspect of the Goldman GPIQ product. That's the only one sort of doing that. So I like the ability that they can maybe just tailor that to get you a little bit more upside. It's close. They're all sort of there. Some of the differences are negligible. Some are bigger differences, but I think I'm going to go with the Goldman GPIQ.