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![21Quebec Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1585963202659209217.png) Brutus [@21Quebec](/creator/twitter/21Quebec) on x 3142 followers
Created: 2025-03-29 15:08:56 UTC

In theory, covered call ETFs should experience less of a drop during market downturns. I decided to test the theory. The current market downturn began about XX Feb. Theory has held up for Nasdaq-100 covered call ETFs. All have dropped less than the Nasdaq-100.

NOTE: $QYLD and $QQQI have paid two dividends during this timeframe, while $GPIQ and $JEPQ have only paid one, potentially skewing results.

$QQQ $QQQM $QYLD $QQQI $GPIQ $JEPQ

![](https://pbs.twimg.com/media/GnN3EIJXcAAYmaz.jpg)

XXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1906000629161750800/c:line.svg)

**Related Topics**
[$jepq](/topic/$jepq)
[$gpiq](/topic/$gpiq)
[$qqqi](/topic/$qqqi)
[$qyld](/topic/$qyld)

[Post Link](https://x.com/21Quebec/status/1906000629161750800)