1. The author initiated coverage on JEPQ over a year ago, recommending it for aggressive income investors due to its high yield and Nasdaq 100 upside. 2. GPIQ, a newer fund, has outperformed JEPQ in total return since inception, but only in a bull market with a very slight outperformance. 3. Both funds use similar strategies: buying Nasdaq 100 components and selling call options to generate income, resulting in minor price appreciation but high dividend distribution. 4. The article compares the funds and attempts to answer whether JEPQ investors should consider GPIQ.

1. The S&P 500 and Nasdaq 100 are cautiously trading ahead of Nvidia's earnings and US PCE data. 2. Nvidia's earnings could significantly impact the AI sector and set the market tone for the coming weeks. 3. Technically, the S&P 500 is nearing all-time highs, with Nvidia potentially acting as a catalyst for new highs.