Hogue identifies GPIQ as his new favorite income-producing ETF, offering a nearly 10% dividend yield and a 7% return over the last year. He highlights its strategy of holding NASDAQ 100 stocks and selling covered calls for premium income, allowing participation in rising markets while generating consistent cash flow. GPIQ has significantly outperformed other income funds like JPI and QYLD in total return.
“This year I have a new favorite though with the Goldman Sachs NASDAQ 100 premium income ETF the GPIQ with a higher almost 10% dividend yield and a higher return 7% over the last year.”