Jepi vs spy reddit. You can't compare to jepi like this.

• Jepi vs spy reddit JEPI and SCHD has shown strength during this draw down. You’ll have higher volatility, which isn’t necessarily always an advantage, but it CAN be one Reply reply Jepi is great and all but I think you should take your time horizon into account, if you're retiring tomorrow then yeah sure go all in on jepi, but if you've got 10+ years then it would be more advisable to pick something that'll give you a higher total return, preferably in the form of price appreciation rather than tax inefficient ordinary dividends JEPI is the ETF equivalent of JEPIX, which is still pretty new but has a little more history. With the I have 40% SPY, 30% SCHD, 30% JEPI. SPYI is an actively managed fund by Neos Investments. FWIW, I paired it with SCHD and BST and this is my PF at the moment: SCHD (34. If I was all in spy and we tank I could lose another 30% or more of my portfolio as last year Jepi saved me from going down as much and my account is higher now then august high of 4300. will suffer. It's like my money has a job at JEPI and is working for me. Open Interest - SPY vs XSP In simple terms it buys SPY and sells calls against it to earn premium. Remember, this is a subreddit for genuine, high-quality discussion. JEPI = 2. JEPI uses equity linked notes to protect downside risk but generally speaking, market linked notes have an upside cap. It’s an actively managed fund that invests in companies within the S&P they have a long term mindset when investing in VOO the stock (technically its called an ETF) . Bikes related discussion is Keep a note that the date of inception for JEPI is quite short and occurred during flat and downturn of the market. Like title says, QQQ outperformed spy since its creation in 1999. Get comparison charts for tons of financial metrics! Check out the side-by-side comparison table of JEPI vs. SPYI is a buy-write strategy, which is basically the same as JEPI, but on SPY index and not JPMorgan's choices. Backtest JEPI vs JEPQ vs QQQ vs SPY, January 1, 2023 - May 31, (🚗-🇮🇳) Auto enthusiasts discuss carIndia scene, sedans, SUVs, hatchbacks, motor racing, safety etc here on reddit. If I want to give a haircut to dividend payers JEPI and JEPQ are great ETFs that provide a good source of income and participate up to 80% of the SPY returns, imho. If you want regular larger dividends and are fine ignoring what the principle of the investment is go with JEPI. JEPI fund managers have stated they feel JEPI will likely be 7-8% yield during normal markets. they have a short(er) term mindset when investing in SPY options. I can tell you so far spy +1. I have Jepi and a bunch of other stuff in a margin play. Qqq +2. I look at JEPI like a high yield bond alternataive. Here is the video script of JEPI vs JEPQ, SPY fell about 13%, and JEPI only fell about 7. A regular brokerage account you have to pay tax on dividends and when selling stocks, ETF's, etc. Welcome to r/dividends!. For most people, the long term gains on VOO & SPY will be taxed at a significantly lower rate than JEPI. 20 percent is an out of the money around 30 delta against the whole s&p index strictest as an ELN which is close to being a bond. JEPI is a horrible thing to hold in a roth IRA unless you are old enough to draw the dividends out and are retired. I haven’t seen any number like that for JEPQ. Why would you invest in JEPQ over SPYI? The returns on SPYI outperform JEPQ. If you are new to the world of dividend investing and are seeking advice, brokerage information, recommendations, and more, please check out the Wiki here. Well it isn't January of 2022 just yet, but given the distribution on 08/01/2021 is a mere $0. JEPI is actively managed (vs QYLD’s index based covered call approach), with a larger composition of value stocks vs tech stocks and so far seems to have performed better (in NAV terms) vs QYLD in various market regimes. If you look at the past year (ish) performance JEPQ>SPYI>JEPI however JEPQ tracks the Nasdaq-100 index and JEPI tracks the s&p 500. If I were younger I would put a few bucks in JEPI, but to go all in on dividends at a young age doesn’t look good historically. By contrast, SPY fell about 13%, and JEPI only fell about 7. Update - You guys rock. I am young (25M) and I feel like this gives me a better opportunity to capitalize on the growth of the market and collect a little premium as gravy, as opposed to focusing on income now at the sacrifice of growth. SPY - Risk-Adjusted Performance Comparison This table presents a comparison of risk-adjusted performance metrics for JPMorgan Equity Premium Income ETF (JEPI) and SPDR S&P 500 ETF (SPY). Huge difference after several years. That’s why folks like SCHD so much. Which does add up eventually, but not anything you should be losing sleep over just starting out. JEPI was introduced right as the market was recovering from the Covid crash, and benefitted from all that upside. If you track JEPIX (the mutual fund equivalent of Jepi) since inception and compare to SPY, do not reinvest dividends you will see you capture no where near 80% of the returns of SPY. Is this a and then if we fall more I rotate out of the cc funds and into SPY and / or other ETFs, I would caution you against writing off PIMCO funds. Until then this is how i am staying. JEPI is by its own definition created as a (somewhat) stable income ETF for retirees. Around 4% annual yield. 36%. JEPI is hedged against this better than some other covered call ETFs (like the YLD family) but not completely immune. 28% IWM has beta of 1. JEPI was down 3. So you’ll get $334. If these are your preferred Albatrosses and you're getting them both before next ex-date, I guess SCHD wins IMHO. You can still make the jump between both if you are coming from Jepi and still be ahead but not the other way around. 48 if I recall). Because that’s what it’s all about: obtaining a regular income every month over 10-20-30 years. Personally, I'd break up your allocation as follows: -30% SCHD -30% VTI -20% JEPI -10% VXUS/SCHY -10% your choice Well that’s put your theory to test. They are allowed to run. 26% today vs JEPI just down . I drip in most accounts. I have Even with dividend re-investment, SPYI (+12. Here is the kicker given SCHD gives a 3. You can see the premium generated with SPY is higher than JEPI’s dividend. I think if you use it right Jepi has a great spot in any portfolio just not the entire portfolio. Jepi/q is in my Roth and spy /qs in my brokerage. It’s not meant for growth. For more info, i preffer JEPQ over JEPI bc of posibilities of outperform SPY thanks to it portfolio concentration on top10 SPY. I have owned for 2 years. they only sell covered calls. NO just DRIP and chill, the JEPI/JEPQ snowball will be big by the time you are ready to retire, this is called accumulation. Between January 1966 and December 1982, seventeen years, the Dow Jones Industrial Average went from 990 to 990. Jepi has weaker growth but higher than schd. I'm putting my JEPI/JEPQ straight into my HSA, and then once I get enough shares I'm hoping to funds my 401k as well with JEPI. SPY is the first, largest and the most liquid ETF. ETNs are misunderstood and some on this sub freak out with the name. 82 to 55. However, we could easily go into a bull run in 5 years, so someone who is holding assets for the long-term (15+ years) may not want to invest in JEPI over SPY. 25%), JEPI (21. 50%), JEPQ (22. Alternatively, I am comfortable investing 70 cents in SPY and 30 cents in JEPI. Go backtest it vs. Would these 3 diversify my And yup i see voo dividend is higher now. QYLD vs JEPI: Historical Performance. So, your choice comes down to other things like expenses (how much fees they charge you), etc. You don't pay tax on anything until you withdraw. why Jepi and XYLD if they both follow SPY Spy has one of the highest trading liquidity of all etfs. com for JEPI and JEPQ -- even Backtest: JEPI vs JEPQ vs QQQ vs SPY, January-June 2023, with dividends reinvested. JEPI also has higher returns in flat or down markets, and somewhat less volatility. Look at the dividend reinvested performance of O vs SPY. But the covered calls compromise JEPI's upside on very strong days like today - at 3:08 pm ET today, the S&P 500 is up 1. This next part is important. Getting JEPI tomorrow means you definitely beat it's next ex-date and SCHD is quarterly, so you get a long time before its next ex-date. If you invested 10k in both funds in 2020, and didn't reinvest dividends you would have lost nearly $1500 in value with JEPI vs gaining a small bit with SCHD. So, who should consider JEPI in a portfolio? Almost no one, in my opinion. 60 Since inception in 2020, JEPI has trailed SPY by about 25%, even AFTER all the income it paid out. 1) The 65¢/mo dividend will stay roughly the same, forcing the price upward to account for the current nominal distribution yield of 42%, or 2) the dividend cash flow will decrease to more reasonable levels, keeping the target price in the $15-20 range. Plus, JEPI sells covered calls to generate income which also caps the upside of the equity positions in the portfolio if the stocks are called away. Did you compare it to SPY? Do it if so. you can buy an actual stock which generally you can only get at the current price, or you can buy an option, which gives Ignoring dividends guts the SPY return. For the love of god, learn the basics about what you are invested in, especially if you are going to be invested in something that isnt as basic as a broad market fund. The JPMorgan Equity Premium Income ETF (JEPI) seeks lower volatility than the S&P 500, as well as reliable monthly income. So, SCHD should be better for growth if interest rates come down, but JEPI will be better in a flat or rough economy. Manually buying SPY and CCs? The fund is an actively-managed ETF that seeks to achieve its investment objective by investing in a portfolio of stocks that make up the S&P 500® Index and a call options strategy, which consists of a mix of written (sold) call options and I invested into SCHD thanks to this sub. I am up 60k on q and about 10k on JEPI. I didn't sell though pulling about 3k a month on the two. This does not fall in line with traditional portfolio theory, but I feel it's the best split for me. So forward looking, my portfolio would be 75% JEPI and reinvest its dividends into JEPI and LVMH, MCHI, SCHD, BLK, DIA. Personally I wouldn’t call this junk, it’s just a different instrument. If you are 28, and want to grow your money, and don't need immediate monthly divide to spend, go for SPY/QQQ equal weight. There’s a lot of information out there and would like to hear what everyone’s perspective on the two. are interested in discussing dividend growth investments, income investments such as SCHD, covered call ETFs such as JEPI, QYLD, etc Depending on which Reddit community you come across, you'll find either high praise or vitriol dislike for one. Still if it can hold a high yield of ~8% with some sort of dividend growth it The dividend of both JEPI and JEPQ will rise and fall based on volatility. 51% CAGR. Same holdings, same everything, except JEPIX came out about 18 months earlier than JEPI. But JEPI will perform better in downturns or sideways markets. S&P500 | 2022 YTD (7/28) Please correct me in case inaccuracies. Imagine you could only reinvest SCHD dividends every 3 months VS someone who is able to add JEPI shares with JEPI dividends monthly. But if you are reinvesting it, it’s a terrible investment. Well, the problem is, if you're going to do that, you may as well just put your money in VOO or SPY. For the most part they'll preform almost identically since FZROX is about 80% SPY. This is the way. 063 and IV of 23. JEPI has about 7% yield while SPY is little more than 1%. It is about risk and expected gain trade off. Over 20 years with zero annual contribution JEPI comes out to SPY is just the top 500 companies. Get the Reddit app Scan this QR code to download the app now. I also gave a few other shares here and there and use cash to sell CSPs. Just like SVOL. Distributions are taxed as 60/40 long-term vs. In addition, SPYI's managers can buy out of the money calls on the SPY index whenever they choose. O grows at a 13% CAGR and SPY goes at 8%. I have $20,000 in my ROTH IRA which up to this year was 100% VTI. JEPQ = I think JEPI is a great tax deferred retiree ETF, based on what I’ve researched it seems this is a great companion to Social Security for retirees. SPYI VS JEPQ Aside from my other investments; VOO, QQQM, SCHD, and others, I have been going back and for on SPYI and JEPQ, I do DCA into both of these. SPYI. When it goes against you, it moves fast and I was always chasing down. Also not sure whether the covered call strategy is done @5% OTM as in JEPI as this is not stated anywhere in the funds documentation, but I am concluding that it would be the same, as it is meant to mimic JEPI in strategy. I know the bogleheads won't International and bonds. Then switch to JEPI as you get closer/in to retirement. Right now the Nasdaq-100 is outperforming SPYI is more closely resembling to SPY (more tech heavy, it's your call whether you like this or not), and pays better monthly dividend than JEPI. So everyone here seems to love SCHD. For long term does everyone prefer SPY or QQQ? I ask because QQQ is cheaper and would be quicker to get to 100 shares to sell since its in an IRA there are no taxes. See how QQQ has pulled ahead of SPY? Major pro (beyond the high distribution rate) is that they use Section 1256 futures contracts which have tax advantages for taxable accounts. 5 percent. There are other things which give more ROC. This means if you are 20-40 it will be a better long term investment. See a lot of fellow investors recommending JEPQ on here. I have drip set into each one. Dividends come in the form of qualified or JEPI vs. I am 62 and would like to transition my (non 401K) portfolio to dividend generating in advance of my retirement. Although the JEPI prospectus states that the JEPI generates income from call options, the reality is that it is generating income from ELNs. Drip engaged. You could buy 100 shares of SPY and do the same thing yourself if you wanted to. 5 or older and O if you aren't. If you don't understand this, then you should stay away from JEPI. But that shouldn’t be the only factor you take into consideration. where distributions are all short-term capital gains. I'm looking to switching my Roth IRA into this instead of the timed retirement I'm in, which is very low (I have a pension coming, so this is just for personal growth). here is a quote from the prospectus: The CBOE NASDAQ-100® BuyWrite Index ("BXN Index") is a benchmark index that measures the performance of a theoretical portfolio that holds a portfolio of the stocks included in the NASDAQ-100® Index ("Reference Index"), and "writes" (or sells) a succession of one-month at-the Jepi yield -10% and spyi yield is -12. JEPI is an income play with limited growth potential. I love all of them and been thinking of adding TLT here for the yield and appreciation. You're too focused on safety and high current income when you're in the accumulation phase of life prior to retirement. 85% while jepi in the last couple weeks went from 55. June 2023 numbers released on portfoliovisualizer. It appreciates and gives out dividend less during the bull run, DIVO JEPI QYLD RYLD SCHD PEY is mine. But not buy much. 20% in one year and has a better dividend. That said, I own Jepi and love it I never said JEPI was bad. JEPI had a very high yield over the past few years, but even the fund itself claims to only aim for 8%. JEPI's goal isn't to beat SPY. 09. SPYI, on the other hand, tracks along with the S&P and 38 votes, 35 comments. It’s in a sweet spot of reasonable qualified dividends with SPY like returns. I am trying to make SCHD, BLK and DIA to be 5% each as well by end of the year using JEPI Dividends. Not a bad idea to do a mix of them. I use to have JEPI, but off loaded and added it to GPIX and GPIQ. JEPI vs. 35%. Over the long term spy will be a lot higher then Jepi but if it is sideways or down Jepi will help with taking up some slack. qyld does not sell puts. SPY might have higher expected return than JEPI but SPY also has higher risk measured by beta. I cannot say about 1 year because if we will have Here is daily, dividend adjusted, returns of SCHD vs SPY vs SPHD. JEPI or using mix of VOO/JEPI allows you to live off distributions and not need to sell unless you need to rebalance. JEPI is actively managed, unlike most popular ETFs, but advisors found its defensive equity approach and its fee of 0. If you are using the income to live on now then SCHD will definitely grow faster. and hosted on reddit since 2015. JEPI vs SP500. JEPI vs SPY, January-May 2023, with dividends reinvested. You cant transfer FZROX between brokerages because it is a fidelity only fund. 27currently for a loss of roughly . 70% of that is JEPI @ 30% is JEPQ. JEPI's key attribute is that it writes covered calls and collects the premium income, that strategy theoretically caps the upside on a large stock move. I may swap up JEPI for something else, but I have not come up JEPI looks like a new etf made a couple months ago and it's focused on the S&P500. JEPI is a good way to add downside protection to a broader portfolio. Just better to stay invested imo. There’s no right or wrong answer here because everyone’s situation is different, but for most people in your shoes JEPI is likely a mistake. SPY ETF Comparison Analysis | etf. QQQ vs. SPY has more volume so you get better options premium. QYLD has been around for 7 years and holds the Nasdaq 100 index. if you want more schd just contribute to it and pause your jepi/q SCHD is Not a growth vehicle however QQQ and SPY Are. However. 27% Jepq +2. Any automobile that moves on four wheels can be discussed here. JEPI is better when growth is no longer as important as income such as near or in retirement. Man, JEPI itself is a bad comparison material. I have noticed that with volatility BRK. Assuming you reach a venerable old age, by age 72 you have to take mandatory withdrawals, whether you need them or not, taxed as income, and the percent of the balance you must take out keeps growing year after year. JEPI is based on the S&P500 so that volatility will drive JEPI and JEPQ will align with the Nasdaq 100. Thanks! say you dumped 100k into either jepi or qyld June 1 2020 (first full month JEPI existance: total value jepi 138,741 total value qyld 123,258 say you bought 1k/mo over the same time frame total value jepi 44,549 total value qyld 42,983 Expense ratio (how much you pay the fund managers) jepi 0. First, I believe that the SPY and QQQ is going sideways or down in the next few years, and of course up in 40 votes, 54 comments. Not to mention it is a terribly poor tax efficiency. 11% Currently SPY has the lowes IV. I like to keep spy 50% of my core position at all times. How to stick to the stop loss was always exactly the problem. This community has been set to private due negative people! If you want to be apart of this community and be POSITIVE then please request in!! For FabFitFun Subscribers to come talk about your items and what you love or don’t love about them!😍 Codes are not allowed on this subreddit, so if you can’t follow that rule you will be removed from the subreddit. AFAIK JEPI’s covered calls are written OTM vs QYLD’s ATM approach, so more room for NAV appreciation as well by giving I’m not sure what your point is, beyond the s&p 500 is a better investment than JEPI. 04% vs SPY 12. 75%), and BST (21. Reply reply Welcome to r/dividends!. this means there is a very strong case for investing in what has the best 20+ year outlook for providing the biggest portfolio value AND THEN switch to JEPI. SPY has outperformed PCM but only by 1% a year, and there were long stretches that PCM was ahead. As a result, with one dollar in hand, I am only comfortable invest at most 80 cents into SPY and keep 20 cents as cash. Jepi writes 1 month covered calls. JEPI is best in a Roth IRA. JEPI does not sell covered calls on its 80 percent stock core positions. 68% Compare JEPI and SPY ETFs on current and historical performance, AUM, flows, holdings, costs, ESG ratings, and many other metrics. One of two things will happen. While for SPY it is +342% vs +474% 474 is almost 40% greater While I like the returns from JEPI, JEPQ, SPY, QQQ, et all, when i retire want a good portion of my portfolio isolated from the US stock market. no taxes on dividends (great) & no taxes on capital gains. SPYI is less diversified than JEPI and holds a smaller number of stocks than JEPI. JEPI will outperform other etf's during flat and downturn vs growth so technically, you're comparing 2 different things I originally had VOO and wanted to go 100% but I love SCHD so threw it in there over JEPI now I'm thinking would it be nice to have both Jepi and Skip to main content Open menu Open navigation Go to Reddit Home What’s the dividend growth rate of Jepi vs spy, qqq, & VTI? What’s the tax rate on non qualified dividends (if not in a tax advantage account)? Qqq’s div growth is 25%, spy’s is 11% & VTI is 9%. If re-investing the income then it is not known. Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of Get the Reddit app Scan this QR code to download the app now. Schd uses actual dividends from company's which means it's growth and dividend will be be weaker. short-term capital gains rate vs JEPI/JEPQ/et. 55% average return) lags SPY (20. It's hard to compare because of the lack of history and similar yield but there is a difference in the expense ratio with JEPI holding the lower ratio at 0. JEPI is also tax inefficient in taxable accounts since the dividends are taxed at your highest marginal income tax rate. 79% JEPI, 5% LVMH, 5% MCHI, 4% SCHD, 4% BLK, 3% DIA. Upside is capped at 2% per month whereas downside is only buffered by the 1% monthly income. Morningstar is great for total return data. Or check it out in the app stores btz vs jepi comments. However, if you are trying to build an income stream to retire early it is wiser to do so in a brokerage account and keep growth in a retirement account, as you are only allowed to withdraw your contributions, no more, preemptively from a retirement account without being penalized before 59. Like u/anon_dude100 I am not a fan of things I cant explain. Year to date from January-May 31, 2023 JEPQ is underperforming its benchmark, QQQ (Nasdaq-100 index), with dividends reinvested. It's all good. r/Daytrading. Compare NEOS S&P 500 High Income ETF SPYI and JPMorgan Equity Premium Income ETF JEPI. IE, if jepis holdings went down 15% in 1 month, the fund could lose 14%. But that does not mean it could possibly have incremental total annual income like SCHD and VYM. keep stackin' get 1000 shares of jepi than diversify. Volatility JEPI has demonstrated it’s ability to maintain lower volatility vs the S&P 500. That may not always be the case. View community ranking In the Top 1% of largest communities on Reddit. Jepi and jepq use covered calls to increase their dividends but also reduces their drawdowns. Can somebody explain my what's the meaning of the return of capital of the dividend of SPYI? Are they paying capital principal as Regarding the covered call ETF strategy, I prefer to just buy SPY and QQQ myself and sell fairly out of the money calls on them manually. It's to match or beat SPY on a RAR basis. No reverse DCA. Seems great from both perspectives (value + dividends) so thanks a lot to all people recommending it. 2% yield and JEPI at 10-11% JEPI will outperform an upside move of SCHD if it’s less than 9% in price. If you are dead set on one or the other than JEPI if you are 59. If you want monthly returns DIVO and JEPI are the way to go and both are solid. Reply reply The biggest community on Reddit related to bonds. Most people who are getting investment advice on Reddit also definitely aren’t professional investors. Or JEPI vs JEPQ . My question is why is it better than JEPI over the long term? Say I take the 20k from those SCHD shares and put it into JEPI with drip right back into JEPI. Perhaps can be 6 or 8% rule? As a retail investor, being able to do both allows you to outperform by a few percentage points over a longer horizon on a yearly basis. VOO has a lower expense ratio, a third of what SPY is iirc, but we’re talking a difference of like $3 vs $9 for every 10k you have invested. 56. So, you are taking manager risk on their ability to know when the best time to go longer SPY is. 17 votes, 25 comments. If that's what you're doing, SCHD/JEPI is one of my favorite core dividend holdings. 89%. 39%. But, Schd is down 1. If the S&P500 resumes a ~10% annual growth for the next decade starting next year or the year after, then something like VOO or SPY will outperform JEPI, and the choice is clear. 03%) considerably. It compares fees, performance, dividend yield, holdings, technical indicators, and many other metrics that help make better If you are older or want the monthly income, then Jepq and Jepi are solid. Some people expect that over a long period of time it will have a greater total return than SPY but I am skeptical of that. Look at a total return chart of those 3 vs JEPI, SCHD, SPYD, DVY, SPY, QqQ , IWM those 3 QYLD XYLD and RYLD are huge losers over time. Yes, I already not required to use any money from my own pocket to buy Similar spy 40%( would have vti but I sell calls on my spy shares) schd 40% and jepi 20%. Year to date from January-May 31, 2023 JEPI is underperforming its benchmark, SPY (S&P 500 index), with dividends reinvested. Yield alone is not everything. 995 and IV of 19. In 2024 I Added $5,000 into JEPI @JEPQ. Hi, I'm from Spain. Tax advantaged is just a 401k, IRA, or Roth IRA. 68%, while JEPI's expense ratio is 0. JEPI is for those near or in retirement who need income and reduced volatility. I have been happy with qyld, ryld, schd and pey. I generate more income from SPY by selling covered calls than any one of other two but I love all 3. It’s also considered that SPY may outperform the gains from JEPI. If you don't need the divs for income, I'd stick to the underlying index funds until you do, even if just for reducing the tax drag. 17 years to go nowhere. You can't compare to jepi like this. As to how JEPI earns income, it does that in two ways. Any. Jepi +0. SPAXX vs JEPI vs DIVO . al. I am not in love with DIVO or JEPI. Rules I'd suggest, use IBKR Pro so you have lowest margin interest possible Don't just do Jepi, balance it with some other stuff. Just in the last week spy went from 457 or so to currently 444 for a total loss of roughly 2. Why not just buy the market and sell bits of your investment off as needed? JEPI: With 697 shares of JEPI and the dividend for this month ($0. I get it, I have around 300 shares. It would be necessary to compare VOO SPY with JEPI, having all the monthly sales history of VOO and SPY. I also have a large capital appreciation on JEPQ. That is why it doesn't make sense for young investors to buy JEPI over ETFs like VOO, VTI, SPY, QQQ, etc. Get the Reddit app Scan this QR code to download after reaching max $6500 I’ll keep the same ratio in a taxed account. Note, with the reduction in JEPI/Q's yield, in a taxable account, you may be better off with something paying qualified QQQ vs SPY/VTI . That way the tax rate on the JEPI/JEPQ divvies don't hit so hard. Covered calls cap upside by definition. All I am saying is as a investment, JEPI isn’t current “the best” vehicle at the time. The covered calls protect JEPI from weak days, & enhance JEPI on good days. SCHD vs JEPI . SPYI sells call options with a shorter expiration date and a higher strike price than JEPI. I don’t see the same downside. Reply reply LandofBacon • I aim for 40% of my portfolio to be dividend growth stocks, and 60% to be SPY. But at which situations trading QQQ or IWM could be more reasonable than trading SPY? According to the broker: QQQ has beta of 1. So, do your own research and don’t buy things blindly because some guy on Reddit tells you to. Hi guys, If you wish to be more granular, say more tech vs industrials, you could do something like 50% QQQ and 25% DIA / VOO. Again, if you have entered JEPI any time over the last year, you have lost more money in overall asset value than you have in paid out dividends so net loss 8% return is still what you should reasonably expect from JEPI/Q. When I read the prospectus I feel like I almost understand what they do but I can’t put it in terms to fully understand it, so while I think it is good it just makes me hesitant. SCHD long term growth doesn’t happen until a 1 year plus anyways By contrast, SPY fell about 13%, and JEPI only fell about 7. Members Online. My plan is to slowly move out of jepi as the monthly divs climb. If you're trying to grow your wealth for long term apreciation then JEPI is poor. 246 and IV of 25. 58%. Try to zoom out since you're probably still playing the long game like most people on Reddit. 35% vs QYLD's 0. They underperform SPY a good bit due to yield chasing though. This is only made worse by the fact that JEPI has non-qualfied income so if it is not in a tax advantaged account, it's income is taxed more heavily. SPY and you'll see what I mean - it underperforms it significantly in a bull market. SPYI's expense ratio is 0. In fact, in not reinvesting the dividends generated by the covered call your return from the other 80% is just . As it was explained to me, JEPI sells calls to produce income, which limits the upside in a growing economy. Reply reply christopherw6569 JEPI, however, is traded openly as an ETF, where shares can be bought and sold openly with no minimum investment amount, except for whatever minimums your brokerage may have. Just hard to give up that fat monthly payment especially since it's preformed reasonably well in the down turn. This premium is whats paid out as dividends. QQQ VS SPY . It was launched on Aug 29, 2022. O isn't great for long term growth, but it is better than JEPI. com Skip to main Again if you lump summed int jepi/schd/divo one the first day jepi came to market schd wins If you made even deposits every month jepi has been on the market jepi wins Again: jepi is not a bad fund; just the incorrect one for most people. SCHD vs JEPI vs DIVO vs SPHD Exposure to Financial Sector Discussion Share Sort by: and SPY/VOO etc. Jepi is not Today, we have yet again a newer competitor: the NEOS S&P 500 High Income ETF (SPYI). SPY/QQQ will be ahead of JEPI/Q in 5 years, 10 years and 20 years. The only way they make sense is if you are actively using that income. The JEPI basket has 0 technology—it’s geared to hold up in down markets and has hit that objective is my take. Or so I believe. You'll earn much more if you do that. Whether it’s good or bad is up to you. So far I’m at 50% schd, 25% vti, and 25% jepi. . Hey all, I recently decided to get more aggressive in the dividend income/cash flow space and came across JEPI and JEPQ that Monthly payers are SPHD, DHS, and PEY. All those dividends feed tech stocks and voo and vti now. Since UPRO was introduced in 2009, total return vs price return is +2995% vs +3100%. For SSO it is +1408% vs +1517%. Daytrading futures, forex, stocks, etc. Schd is a fine ETF but will underperform spy and qqq over a 10 year time horizon. JEPI & JEPIX have a more interesting structure than something like QYLD, but the underlying dynamic is the same. 70% JEPI is not too bad. I have qqq, VOO, Jepi & Jepq plus Schd. But owning claims on cash flowing properties vs getting paid out covered call premiums on assets that JEPI owns are two very different things. Jepi will likely outperform in this short term I went 50 50 as well JEPI AND JEPQ. It could be thought of as a "competitor" to 60/40, Golden Butterfly or Permanent Portfolio. 98%. If you reinvested all dividends in both, SCHD still comes out ahead. Or which have different patterns vs mkt volatility It only went down about 5% when the vix historically spiked to upwards to 50-65 % range. With the current sideways to bearish market, JEPI is much safer than standard equity. As a young investor, those massively add up over time. 5 years of age. All content on r/zim Sub-Reddit is for information purposes only. I have both in retirement accounts. If the next month, the holdings went up 20%, the fund would only return about 3-4%. You are correct that a Roth IRA would alleviate the taxes from both funds. the model is not correct at all. About 60% JEPI for the dividend income & 40% SCHD for the growth. Then, you will be forced to declare all that amount of profits. VOO will always outperform JEPI in the long run. Spaxx is now offering 4. I personally like SPYI over JEPI. 22% SPYI uses a more aggressive covered call strategy. 35 qlyd 0. IMO this is riskier and hander than just buy JEPI, and i'll like to do it like you bc as a european i can't buy JEPI direcctly. But yeah that back and forth is hilarious and definitely what I've witnessed on reddit xD Now compare JEPI vs SCHD and SCHD should come out ahead with it’s qualified dividends. 6%. In general QQQ and IWM have very similar movements with SPY. QQQI is too short to measure, but the disparities will probably come out over time. Or check it out in the app stores SPY, VMFXX Reply reply I have both, and JEPQ. The downside protection was better with JEPI, which is what I would expect most of the time since it’s managed more for that purpose, and it’s not so concentrated in tech stocks. Seeking Advice Everyone is cheering for JEPI (same here), but what about JEPQ which promises almost 16% yield? Share Sort by: JEPI vs. I wanted to read jepq vs spyi and read an article on market insider. For me, I'm 5 years from retirement so I take my wins from my speculative plays and am actively rotating it into dividend paying companies that grow their dividends. It was launched on May 20, 2020. So I changed to using 0dte options on SPY AS the (hard) stop loss. You are comparing a big tech fund to a bond fund during a period when tech was on fire and bond yields were nonexistent. I think JEPI is capped at 2% and JEPQ might be like 10% or so. But overall, I do think this is a very good bet for non-US / foreign investors inclined to income generation. Can minimize need for large cash reserves. They are performing great! Because JEPI does best in a volatile market due to its underlying strategy of selling covered calls. I am looking at JEPQ and GPIQ, They are basically Nasdaq-100 based covered calls ETFs tailored to provide income with some cap appreciation. they also have a long term mindset when investing in SPY the stock (technically its called an ETF) . All funds can be put in equities. If you NEED the income from a retirement account then JEPI is good way to improve the amount of income and the certainty of income. If you are in JEPI, don't panic while reading this thread, I'm just trying to understand and not too sure of my views or conclusions. PCM and SPY both started in 1993. 35% appealing. It's worked out fine so far. Jepi and jepq offer more growth, better downside protection, and a lot bigger dividend than schd. Remember that Jepi is taxable. Here's a brief overview of the Compare JEPI and SPY based on historical performance, risk, expense ratio, dividends, Sharpe ratio, and other vital indicators to decide which may better fit your portfolio. To very different positions. I loves me mah JEPI, because of the very satisfying dopamine hit I get when those sweet, sweet divvies hit my account each month. If you’re young and have a long investment horizon opt for VOO. Also unsure why the down vote on my initial post. Cheers Jepi will outperform the SPY in a chop/down environment but should lag in a bull. Not very much. In addition, you talk about taxes, which means you hold these in a taxable account. In other words, I want to sleep at night and a lower yielding 'sure thing' looks better and better as i get older. are interested in discussing dividend growth investments, income investments such as SCHD, covered call ETFs such as I've tried to scalp odte spy options in the past. Personally I like total market and the no expense ratio is nice. Or is this sub have so much faith in high dividends that they have forgotten about the SPY ticket? Like really, when you try to say “oh, this Well JEPI is much less volatile than JEPQ, so I like holding both personally. Income products produce ordinary income. 78% (both very good). If you dont have a huge starting capital or high salary job, JEPI allows you to compound your networth much faster with its monthly dividends. If you want a diversified portfolio VTI may be a better option. JEPI = 5. But with JEPI doing yearly returns of 10% it seems like a good placement I l ow I don't get the upside of the S@P gains. And the difference in expense ratios is 0. Let's see what makes this unique ETF tick and how it stacks up against JEPI. So, how has QYLD fared compared to JEPI? The covered calls provide premium income that gives JEPI its > 11% dividend yield. I bought JEPI near a high and have a capital unrealized loss, but dividends have surpassed the loss. might think about getting away from the Dividend plays and focus on actual growth index's Over it's life, JEPI has lagged SCHD as well. 65% a Get the Reddit app Scan this QR code to download the app now. JEPI's strategy actually allows you to indirectly participate in trading options, with much less risk. I like JEPI its in my opinion the best of the covered call ETFs. A couple things to add to this (for any newbies), SPY and VOO both track the S&P 500, but are products by different companies. SPYI and JEPI are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 17% & JEPI is up 0. Both have done well but Jepq has done better because of its underlying index. JEPI is my least favorite of the three due to the ELNs that are 20% of the portfolio. I just started investing recently adding $40 a week to jepi, jepq, and $15 a week to spy and qqq. Not even close its O and a I own JEPI. As for SPY vs QQQ it is true that QQQ has historically grown more than SPY, but it also tends to As you know, JEPIX is the mutual fund version of JEPI. See how QQQ has pulled ahead of SPY? However some people like JEPI because the difference between it and SPY is not just that it has high dividends. These options are already 133x leveraged. 26 per share I would say JEPI would not be a viable investment from the perspective of consistent monthly income. JEPI 12% yield monthly dividend . One may argue ELNs are like call options but I think they are quite different from a risk profile perspective. B has done pretty well these past few years versus the overall market. We’ve recently been in an environment perfect for the strategy JEPI employs, but that may not always be the case. 57% SPY has beta of 0. I'm retired and like the income they provide. SCHD should grow faster because the shares are not being called away from time to time, but it all depends on how much extra income JEPI can generate. When money and jobs are tighter You're taking stock picks from reddit, bruh. Bonds, fixed assets, etc. I pulled these numbers from capiq and don't know how to share an excel file, but it seems clear that spy outperforms schd even after taking dividends into account. But supposedly it's a more defensive ETF or a hedge meaning when the stock market goes down JEPI should in theory go down less but also in a bull market it's likely not going up as much as the S&P 500 either. 5%. 27% a year from capital appreciation since inception (2019)where SPY returned 12. 32% SPY = 9. Ask any questions if you like. Does it make sense to sell SPY at this point in order to purchase JEPI at a discount? I have held SPY for a number of years and despite the market’s drop would still sell at a I'm retired, and I do this. If you look at JEPIX's growth in value since its inception, well, it doesn't. 50%). Jepi 10-20% will help lower overall beta for downturns and you can cash out and add to spy on bull markets. 9%, similarly crushing the broader market funds, due to its focus on lower-risk equities like AbbVie, Hershey, and Progressive, and the income benefits pairing the positions with options. The risk to jepi and Jepq is short term large opposite movements. They compared JEPI, misread it. DKC Trade Chatter for 7/27/2022: KD to the Big Easy JEPI isn't really a S&P 500 variant it's closer to the Dow Jones but it's not really that either. JEPI is an actively managed fund by JPMorgan Chase. If you own more shares of VTI vs Voo bc of the major price SPY and VOO are the same. Compare JEPI and SPYI ETFs on current and historical performance, AUM, flows, holdings, costs, ESG ratings, and many other metrics. Why not go JEPI for 12% These JEPI 12. If you want long term US large cap growth with dividend growth go with SCHD.