QQQI: The Income Feels Good, But The Bear Market Won't

NEOS Nasdaq-100 High Income ETF is structurally flawed, offering high yield but exposing investors to nearly all the downside of QQQ. QQQI's covered call strategy caps upside and provides only modest downside protection, especially vulnerable in a prolonged bear market. The fund's popularity is driven by attractive monthly income, but this masks the risk of long-term capital erosion during market downturns.