Income Strategy
Covered call ETF portfolio · Monthly distribution
Data as of — previous close
INCOME MODE
Annual fee drag (avg 0.65% expense ratio)
-$0
Portfolio growth trajectory
Allocation breakdown
ETF Universe
Screened candidates · Strategy-matched · Live yield data via Polygon.io
Data as of · ↻ Refresh
| Ticker | Strategy type | Index scope | Dist. yield | Payout freq. | 2yr total return | Fit score | Status |
|---|
Yield vs. 2-year total return — ETF universe
Distribution consistency reality
No covered-call ETF maintains ±1% month-over-month stability. Option premium varies with VIX. A 3–6 month cash buffer and trailing-average self-pay is the professional solution.
ROC tax deferral advantage
NEOS funds classify significant portions as Return of Capital — reducing current-year taxable income. Final character set at year-end. Effective tax drag often 5–15% lower than headline rate suggests.
Section 1256 benefit (NEOS)
Index options held by SPYI/QQQI qualify for 60/40 long/short treatment, improving after-tax efficiency. Wash-sale rules do not apply to Sec. 1256 contracts.
Covered-call upside cap
Selling calls structurally limits price appreciation. In strong bull markets, covered-call ETFs underperform their underlying index on total return — income is the trade-off for capped growth.
Scenario Matrix
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Years to goal — contribution vs. annual return (your tax drag applied)
What-if sensitivity — how changing contribution or return affects years to goal
Income at horizon — contribution sensitivity
Tax drag impact on required capital
Historical Backtest
Simulated 24-month income stability using the 40/25/20/15 allocation
Monthly income — trailing 24 months (simulated)
Cumulative income received
Monthly income variance
Compare to Benchmark
QET allocation vs. plain index income at your settings
Monthly income — QET allocation vs SPY-only vs QQQ-only
| Metric | QET Portfolio | SPY Only | QQQ Only | 60/40 Traditional |
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Strategy Intelligence
QET Agility Serv · Personalized to your inputs