JEPI and JEPQ are solid! I think the tech exposure in JEPQ might skewer the results, considering how crazy the highs were last year! People’s expectations might have gotten a little out of whack! They pay a good, reliable dividend/ dist every month, and I wouldn’t hesitate to pour more money into them! The income fluctuates a little, but you should know that going in. It stays in a comfortable range, and some months it goes up, which always seems like a bonus! 😅 I think the greatest asset of the funds is that they’re run by JPM, and that gives them a level of confidence and dependability that some other funds don’t have! It takes out the “sketchy” feel, and I like that!
If it's in a Roth with 10 years to go you would do much better just buying the index like QQQM. Your total returns will be higher, then as you get closer to retirement start moving money into the income funds.
I was enticed to buy JEPI and JEPQ early 2023 when yields were 12% but JEPI steadily dropped to where it is now at 7+%. I sold my position about 4 months ago. Still have JEPQ with its 9.33% yield.
I have SPYI and QQQI rn as my options funds. I'm gonna add JEPI and JEPQ next year to my portfolio. I'm also thinking of getting into the Goldman Sachs Nasdaq and S 500 funds at some point.
I own both JEPI and JEPQ in both a taxable brokerage and Roth IRA. Can you do a comparison with Global X Russell 2000 covered call ETF RYLD to any other Russell 2000 covered call ETFs? Also if there is a comparison with Global X Dow 30 covered call ETF DJIA please do a video?
Say so sell covered calls or cash secured puts at the money and you are in the money ok every trade, would you lose all your money overtime even with the premium you collected?
The coolest thing about JEPI is you can sell covered calls against it and potentially make even more. So you're selling covered calls on a covered-call ETF.
The problem with these analysis is the data pool that everyone is drawing from… The high yielders have been beaten down and many of the more “growth” type of dividend funds, are setup to see draw down in there share price for quite some time. While the high yielders have already been beaten down. Just my take. So if you are just starting out, the risk of LOTS of capital loss in your initial investment, at this period in market and economic history, is very real.
I think there is definitely a place for JEPI and JEPQ, but don't have the growth potential IMO to be foundation ETFs in a portfolio. A foundation or core position should atleast benchmark the S&P 500 returns on a yearly basis.
JEPI and JEPQ are good satellite holdings but I would not make a covered call ETF the core of my portfolio. VOO, VT or even DGRO or SCHD would be core of my portfolio.
An idea for a video: Returns fully invested in QQQ and SPY and then for income selling CC puts with about .04 to .1 deltas with 3-4 week expirations... a more moderate options philosophy.
Like your strategy & have used it on both index products and a few individual names. Just one word of Caution and I encourage buying some protective out-of-the-money puts on the Index or some bear put spreads. In October '87 when the market fell 23% in one day, it was difficult to rapidly adjust positions. Just encourage sellers of puts to manage exposure to at least 12%-15% rapid market downdrafts. Thanks
@@robertmather6152 Using such low delta's, the accompanying strike prices are so low and the C.S. puts are always on index's/stocks that I would want own if assigned at those prices, but a 23% one-day drop is a whole different story. This strategy has been such easy money, but you're very right about putting some protection in place.
really disappointed with jepi dividends this year.. august was a lousy 28 cents. i’ve sold half my jepi position and spread it around to GPIX GPIQ PAPI BALI
You have to understand where these funds get their distributions from. The income from selling options depends on the current volatility (implied volatility or IV) in the markets. The higher the IV is, the higher the option income you'll get and these funds will pay out more. Until the recent drop, the IV was at the lowest point in years, and then after the IV spiked during the recent selloff, its already dropped back to the previous lows. Until investors start having more fear/uncertainty (risk) about their positions and demand for options goes up to hedge those risks, these funds will continue to have lower than average payoffs each month. Not having money invested in them right now can be a wise choice.
Why? Both are significantly underperforming when compared to the S&P 500 index VOO and VGT, VONG, MGC, MGK, SCHD,, VUG, and SMH. Just to name a small handful. And quite frankly, my junk bond funds also match the income with nowhere near the same level of volatility and without NAV erosion.
JEPI and JEPQ have been underperforming the market greatly. Not good for wealth accumulation, good for monthly income if you don’t care about accumulating wealth. Better off with core holding being growth market, total market and some sort of diversified dividend fund.
Thank you for sharing your analysis and all the work you put into it!
My pleasure! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
JEPI and JEPQ are solid! I think the tech exposure in JEPQ might skewer the results, considering how crazy the highs were last year! People’s expectations might have gotten a little out of whack! They pay a good, reliable dividend/ dist every month, and I wouldn’t hesitate to pour more money into them! The income fluctuates a little, but you should know that going in. It stays in a comfortable range, and some months it goes up, which always seems like a bonus! 😅 I think the greatest asset of the funds is that they’re run by JPM, and that gives them a level of confidence and dependability that some other funds don’t have! It takes out the “sketchy” feel, and I like that!
GREAT COMPARISON. WELL DONE!
JEPI, JEPQ, and TLTW are foundations in my Roth 401k. Plan to keep DCAing and DRIPing into them for another 10 years until retirement.
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If it's in a Roth with 10 years to go you would do much better just buying the index like QQQM. Your total returns will be higher, then as you get closer to retirement start moving money into the income funds.
@@billibarou exactly. If there is no tax on the sale of the asset. You might as well put it in growth funds until retirement.
Thx for this excellent analysis and particularly the net takeaways
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These type of videos are great.
Thanks for the feedback! I appreciate it! 👍😎
Good content. I buy JEPI daily and I also buy SCHD. What do you think about AGNC?
Excellent video!! I own JEPQ (my #1 position), SPYI (#2), JEPI (#3) and VOO (#4)
I was enticed to buy JEPI and JEPQ early 2023 when yields were 12% but JEPI steadily dropped to where it is now at 7+%. I sold my position about 4 months ago. Still have JEPQ with its 9.33% yield.
Fantastic video. I like how you tackle this and show everything. Nicely done. How are the yields taxed for JEPI and JEPQ?
S&P 500 or VTI should always be your core holding.
Excellent research !!
I have SPYI and QQQI rn as my options funds. I'm gonna add JEPI and JEPQ next year to my portfolio. I'm also thinking of getting into the Goldman Sachs Nasdaq and S 500 funds at some point.
would FEPI/SVOl be a better option?
It might be overkill but I hold both of these ( JEPI, JEPQ ) and QQQI / SPYI. Working out rather well so far.
considering doing something similar..
Neos are amazing ! All of their funds are doing great. QQQI SPYI also IWMI
@@hopert thanks
Thank You, excellent analysis.
Thank you for this great video!!!
I with a lot of people in that I sold all of Jepi and split in qqqi spyi and iwmi price appreciation and great dividend
Joe have you ever been in a bear market ? other than 2008 ?
I'm 54 and I own JEPI and SCHD. Which should I be putting the most into each month to help me generate the most income in 10 years?
Better SCHD with JEPQ better pair
Any guesses as to what will happen to these Tech ETFs with the legal difficulties ( anti-trust ) Google is having and DEI issues Apple is facing?
Little off topic but what do you think about pmcp.
I own both JEPI and JEPQ in both a taxable brokerage and Roth IRA. Can you do a comparison with Global X Russell 2000 covered call ETF RYLD to any other Russell 2000 covered call ETFs? Also if there is a comparison with Global X Dow 30 covered call ETF DJIA please do a video?
hate to admit, Sold out all my JEPI and Rolled it into SPYI and UTG, im much happier already.
UTG should do even better when rates go down
SPYI is good for taxable accounts since their “dividends “ are “return of capital “
Say so sell covered calls or cash secured puts at the money and you are in the money ok every trade, would you lose all your money overtime even with the premium you collected?
GPIX vs JEPI might also be a good comparison if there's a bit more focus on NAV appreciation / Total Return.
Yes! 🙌
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Nice presentation 💯
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Great video! Can you do a video on GPIX and GPIQ? These are Goldman Sachs version on JEPI and JEPQ. iShares also has a JEPI competitor called BALI
buying as much schd and jepi as possible
I like SPYD also, there's another low volatility dividend one from Invesco that's good also
@@MetaversalSouljah yea its cheap too, i might have to buy some.
Unless I find something better by the time I retire, they will likely be the foundation of my income portfolio.
YES
U r my favorite! Keep um coming!
Wow, thank you! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
The coolest thing about JEPI is you can sell covered calls against it and potentially make even more. So you're selling covered calls on a covered-call ETF.
I think JEPI can be a good ETF to own provided that you have a broad based index fund such as VOO in your portfolio.
Very hight etf fees?
My plan was to use these funds in a roth to dca and reinvest the dividends over a ten to 20 year period.
The problem with these analysis is the data pool that everyone is drawing from… The high yielders have been beaten down and many of the more “growth” type of dividend funds, are setup to see draw down in there share price for quite some time. While the high yielders have already been beaten down. Just my take. So if you are just starting out, the risk of LOTS of capital loss in your initial investment, at this period in market and economic history, is very real.
You should use the terms NAV return and Total return to make your video clear
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I think there is definitely a place for JEPI and JEPQ, but don't have the growth potential IMO to be foundation ETFs in a portfolio. A foundation or core position should atleast benchmark the S&P 500 returns on a yearly basis.
Good vid. I like the J’s, but I switched to SPYI and QQQI for the increased dividends and potential of greater price growth.
Thanks for sharing! THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
Like to build these to use for income when I finally had enough of the 9-5
Svol is performing real well also for a leverage fund. Also like Spyi
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JEPI and JEPQ are good satellite holdings but I would not make a covered call ETF the core of my portfolio. VOO, VT or even DGRO or SCHD would be core of my portfolio.
VTI
Title says core of *income* portfolio, not your core overall holding.
Add VYM & DIVO.
An idea for a video: Returns fully invested in QQQ and SPY and then for income selling CC puts with about .04 to .1 deltas with 3-4 week expirations... a more moderate options philosophy.
Like your strategy & have used it on both index products and a few individual names. Just one word of Caution and I encourage buying some protective out-of-the-money puts on the Index or some bear put spreads. In October '87 when the market fell 23% in one day, it was difficult to rapidly adjust positions. Just encourage sellers of puts to manage exposure to at least 12%-15% rapid market downdrafts. Thanks
@@robertmather6152 Using such low delta's, the accompanying strike prices are so low and the C.S. puts are always on index's/stocks that I would want own if assigned at those prices, but a 23% one-day drop is a whole different story. This strategy has been such easy money, but you're very right about putting some protection in place.
GPIQ!?
Joe be careful- The Market valuations are at all time highs- Everything works in a Raging Bull Market- Protect your downside
Trane is the AC system manufacturer. Real solid old company.
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"Nothing beats a Trane"
really disappointed with jepi dividends this year.. august was a lousy 28 cents. i’ve sold half my jepi position and spread it around to GPIX GPIQ PAPI BALI
You have to understand where these funds get their distributions from. The income from selling options depends on the current volatility (implied volatility or IV) in the markets. The higher the IV is, the higher the option income you'll get and these funds will pay out more. Until the recent drop, the IV was at the lowest point in years, and then after the IV spiked during the recent selloff, its already dropped back to the previous lows. Until investors start having more fear/uncertainty (risk) about their positions and demand for options goes up to hedge those risks, these funds will continue to have lower than average payoffs each month. Not having money invested in them right now can be a wise choice.
It’s 5.8%. Robinhood currently pays 5.50% apy for having it sit there with no risk. It took me a while to figure that out.
Why? Both are significantly underperforming when compared to the S&P 500 index VOO and VGT, VONG, MGC, MGK, SCHD,, VUG, and SMH. Just to name a small handful. And quite frankly, my junk bond funds also match the income with nowhere near the same level of volatility and without NAV erosion.
What symbol are your junk bond funds?
WHY NOT CREATE YOUR OWN ETF AND SAVE THE COMMISSIONS ? .
cornerstone whoops
Spyi has a higher and more consistent dividend….
😂 what about expenses. Its cuts into the returns.
Completely missing the rise of TLTW....
TLTW is definitely worth a review. 😉 THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
JEPI and JEPQ have been underperforming the market greatly. Not good for wealth accumulation, good for monthly income if you don’t care about accumulating wealth.
Better off with core holding being growth market, total market and some sort of diversified dividend fund.