

Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) pays income investors roughly 11.9% a year through 12 monthly checks, an eye-catching figure in a market where the 10-year Treasury still sits well below that.

High-yield ETFs are very popular during the AI market rally, as dividend investors feel they are missing out on all the action.

Most covered-call ETFs sell the same trade in different packaging. You get monthly income; you give up upside when the market runs.

If you bought Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) for the fat monthly checks, congratulations.

The Nasdaq-100 income ETF category has grown crowded fast, and expense ratios now vary by nearly a full percentage point between the cheapest and priciest options.

Over the past decade, an investor who put $10,000 into QYLD walked away with a fraction of what a plain Nasdaq-100 index holder pocketed.

The Goldman Sachs Nasdaq-100 Premium Income ETF (NASDAQ: GPIQ) has become one of the fastest-growing options-income products on the market, pulling in roughly $2.12 billion of net inflows in 2025 on the strength of a distribution yield that recently sat near 9.8% to 10%. GPIQ investors are buying a monthly paycheck backed by call premiums on... Why GPIQ Lags QQQ in Rallies, Yet Retirees Keep Buying the Monthly Dividend

At this market stage, risk-reward dynamics are unfavorable for new risk exposure. This means that growth-biased equities and aggressive credit risk positions might not be the areas where to put prudent capital. In this article, I share two 9%+ monthly-yield picks that have become quite attractive in the current market setting.