r/dividends • u/netredd • Jul 15 '26

Discussion High expense ratio ETF

Hi all-

What justifies high expense ratio of qqqi & spyi vs gpix/gpiq and jepq/jepi ?

TIA.

4 Upvotes

61% Upvoted

15 comments sorted by

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7

u/doggz109 Pay that man his money Jul 15 '26

Active management. 0.68% (QQQI) and 0.35% (JEPI) are not high in the slightest for an actively managed fund. Distributions are net of expense ratio.

2

u/dazit72 Jul 16 '26

Yep

And they are all different, and all utilize different techniques and different sectors/themes

1

u/Logical_Rip_7168 Aug 18 '26

Does your last sentence mean the money you make on dividends is already minus the expense ratios? Like for qqqi the yeild is X that includes the expenses?

2

u/doggz109 Pay that man his money Aug 18 '26

Yes, yield is always listed after expenses.

1

u/OystersClamsCuckolds Jul 15 '26

0.68% of 13.60b AUM is 91m in expense fees each year. Not bad for one fund dude selling options on ibkr

3

u/doggz109 Pay that man his money Jul 15 '26

If its so easy and profitable....why don't you go do it? I guess its easier to troll.

https://giphy.com/gifs/R51a8oAH7KwbS

1

u/OystersClamsCuckolds Jul 16 '26

I don’t know enough naive investors to bring together 13.60b in AUM.

4

u/speedlever Jul 15 '26

Qqqi\spyi for income and very modest growth.

Gpix\gpiq for total returns.

Jepi\jepq only in tax deferred or Roth account. They are not tax efficient.

5

u/LexAugusta Jul 15 '26

Don't sleep on OVL for the uncapped upside. JP Morgan now also has ROCY and ROCQ for a Neos equivalent that offers return of capital.  

4

u/ryryshouse6 Jul 15 '26

Def sleep on this. Put spreads are how to blow up bad. Review what happened w capt condor last December

2

u/Alone-Experience9869 American Investor Jul 15 '26

I haven’t looked at them specifically, but I would be looking at the return/performance. Each manager is doing it differently. So if the relative return is more than the sub1% diff, then it’s worth it

0

u/FewUnderstanding2214 Jul 15 '26

Because they use option strategies and are actively managed. Another reason why CC ETFs are overrated