QQQI 是一只健康的基金，其资本回报稳定，并已从 2025 年市场回调中恢复。
逐段跳播
现在，收益率第三高、同时净资产价值也呈现正增长的基金将是 QQQI。同样，这是来自 NEOS 的另一只基金。因此，其结构与刚才看到的 IWMI 会非常相近。
Now, the third highest yielding fund that is also seen positive net asset value growth is going to be QQQI. Again, another fund from NEO. So, the structure is going to be very closely related to the fund we just saw, IWMI.
但如果跳到 Yield Canary 上看，你需要留意的一点是，没错，Yield Canary 将其列为一只非常健康的基金，资本回报稳定，但它也是有史以来最受欢迎的期权收益 ETF 之一。
管理资产规模已经攀升至 143 亿。因此，有大量投资者资金配置到了这只基金。
But if we go ahead and jump over to Yield Canary, one of the things you will need to make note of is yes, Yield Canary has this as a very healthy fund, stable return of capital, but this is also one of the most popular option income ETFs of all time.
The assets under management has already climbed to 14.3 billion. So there is serious investor capital allocated to this fund.
而实际上，在这只基金存在的过去三到四年里，它的表现极其出色。看看这张图。我们可以看到，没错，它相对稳定，但看看成交量增加了多少。
And really, the last 3 to four years that this fund has existed, it's done exceedingly well. Take a look at this chart. We can see yes, it's been relatively stable, but take a look at how much more trading volume has taken place.
同样值得注意的是，这类基金中有很多在股价下跌后都难以恢复。如果你还记得 2025 年关税恐慌时，市场出现了严重回调，QQQI 也不例外。我的意思是，作为参照，它跟踪的是 NASDAQ 100。
所以，它当然会出现回调。但这只基金真正令人印象深刻的是，股价确实回升了。部分原因是标的本身当然表现很好，但这并不一定是所有这些基金都能做到的。
It's also important to note that a lot of these funds struggle to recover when they see a decline in share price. And if you remember when we had the tariff scare in 2025, the market saw a serious pullback and QQQI was no different.
I mean, for reference, this is tracking the NASDAQ 100. So, of course, it saw a pullback. But what's really impressive about the fund is the share price did actually recover. Part of that is because the underlying has of course done so well, but that's not necessarily the case for all of these funds.
现在，同样，你会注意到这是 NEOS 运用战略性资本回报的又一个例子。而且，这同样也有税收方面的好处。
Now, again, you'll notice this is another example of where NEOS is using strategic return of capital. And again, there's tax benefits to this as well.
所以，如果我们看 NEOS 的网站，可以看到他们在 2025 年为 QQQI 赢得了一个奖项。他们赢得了最佳新主动型 ETF 奖。
So, if we look at NEOS's website, you can see they won an award for QQQI in 2025. They won the award for best new active ETF.
如果我们看基金的情况说明书，它基本上与刚才看到的 IWMI 完全相同。高月度收益生成。有税收效率，然后当然，他们力求参与一部分上涨潜力。
And if we look at the funds fact sheet, it's basically the exact same as I WMI, which we just saw. High monthly income generation. there is tax efficiency and then of course they they aim to take some part in the upside potential.
那么这两只基金之间的主要区别是什么？归根结底，主要区别在于底层持仓。持有 QQQI，你基本上能获得科技巨头的敞口。这是 60% 的科技敞口。你会看到 Nvidia、Apple、Microsoft、Micron、Amazon。事实上，这与 QYLG 非常相似。
So what's the main difference between these two funds? Well, at the end of the day, the main difference is going to be the underlying holdings. With QQQI, you're going to get access to basically the big names in tech.
This is 60% tech exposure. You're looking at the Nvidia's, Apple, Microsoft, Micron, Amazon. In fact, this is very similar to QYLG.
然而，存在一个区别。QYLG 和 QQQI 之间的主要区别同样是投资组合的期权覆盖率。如果我们一直放大看，QQQI 通常运行接近 100% 的投资组合期权覆盖率。与此同时，QYLG 处于 50%。所以这是一个重大区别。
However, there is a difference. And the main difference between QYLG and QQQI again is going to be that portfolio options coverage. If we zoom all the way over, QQQI typically runs close to 100% portfolio options coverage.
Meanwhile, QLG is sitting at 50%. So that's a major difference.
理论上，如果事情按理论上应有的方式发展，QYLG 可能会有略多一些的股价升值，但 QQQI 在很多情况下很可能能够产生更高的收益率。
Theoretically, if this plays out the way it should in theory, Qilg would likely have a little more share price appreciation, but QQQI in a lot of instances is likely going to be able to produce a higher yield.
不过，过去一年并非如此。但很大一部分原因很简单，就是因为 QYLG 有太多未实现收益，出于税收目的，他们不得不将其作为收益分配出去，正如我们之前所强调的。
That wasn't the case over the last year, though. But a large reason why is simply because QyG has had so much in unrealized gains that they had to distribute out as income due to tax purposes like we highlighted earlier.
所以，这绝对是一只我要加入 Yield Canary 观察名单的基金。
So, this is definitely a fund that I'm adding to my watch list on Yield Canary.
这个频道对 $QQQI 的历次判断
Dividendology 在这只股票上只有这一条判断。