JEPQ
JPMorgan Nasdaq Equity Premium Income ETF
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Advice for investing in this long call on an etf rather then a traditional stock.
I feel like I’m leaving so much money on the table. Talk some sense into me.
3rd year of maxing out my roth ira. How do my allocations look
FEPI Looking like a better JEPQ. 25% yield, solid price performance
Late to the party and new to dividend investing. Let me know what you think of my mix. I know I have overlap and probably too many, so any suggestions would be greatly appreciated. JEPI, JEPQ, JEPY, QQQY, SPLG, DIVG, SCHD and YYMI.
Is There Something Wrong with Yahoo! Finance?
Common criticism of covered call ETFs vs potential alternative?
HSA question, throw it in Jepq, reinvest in VTI?
Looking to supplement my military retirement income w/stocks,etfs
How would you invest $200k to generate $1,500 a month passively?
High Yield Monthly Dividend Stocks or Funds with High Option Volume?
Seems Fidelity doesn't add to your cost basis when you DRIP.
What place does JEPI/JEPQ hold in a world where Tbills and MUNIS start paying an acceptable coupon?
What’s a better short term investment (6-12 months), JEPI or JEPQ?
I have noticed that the same stock will be listed at different prices depending on the source. Why?
Mentions
QQQ, Apple, Amazon, Intel , JNJ, kmi, msft, soun, ionq, qtbs, rgti, google, SMH, XLK, Kratos, JEPQ, Walmart, Tilray, Green Thumb, BOTZ, Ford, Duke, as well as a few other smaller positions. Currently I am dcaing monthly into qqq, rgti, ktos and xlk
In my brokerage account I would say NLR, SMH, and Coreweave. My Roth in a brokerage has WELL, JEPI, and JEPQ.
Could have made $19 off dividends with the same invested in JEPQ.
JEPQ is a trap and income investing in a Roth IRA doesnt make any sense.
Great point, the covered calls feel great now, but in a large downturn could be no fun. At some point I plan to end my JEPQ yearly investment, and go 100% VTI. But continue to let the JEPQ DRIP into bitcoin. And without too much detail, I simply believe in bitcoin long term. The world is becoming more digital and bitcoin is digital gold. It’s still young and volatile, but will stabilize as time goes on and has the potential to (continue to) be the greatest investment opportunity of the 21st century.
Absolutely true, no appreciation on sgov but about as safe as you're getting to get. I really like jepi and JEPQ as well or spyi or qqqi for similar returns. And of course everyone's favorite schd. Similar payout as sgov but with appreciation
SCHD is built to appreciate as well tho, shooting for annual returns similar to S&P with combination dividend/APP., whereas SGOV will not appreciate in value overtime. Similarily JEPI & JEPQ pay a roughly 7-12% div. With a mixed bag of equites also shooting for S&P style returns. I’m a big income generation guy so anyone who wants shoot me a DM and I’ll screenshot my portfolio of dividend ETFs for ya.
Honest truth: >5% yield + growth + doesn't devalue is the trifecta everyone wants but rarely exists, usually you pick 2 of 3, that said, here are realistic options for $1000: Covered call ETFs (my pick for your criteria): \- JEPI - \~7-8% yield, holds large cap stocks, sells covered calls for income, some growth potential but capped upside, very popular with retirees. \- JEPQ - same strategy but tech-focused, higher yield (\~9-10%), more volatile. these give you income + some growth exposure without picking individual stocks. Dividend growth (lower yield but better growth): \- SCHD - only \~3.5% yield BUT the dividend grows 10%+ annually. In 5-7 years you're effectively getting 5%+ on your original investment, better total return over time. Higher yield options (more risk): \- ARCC or MAIN (BDCs) - 8-10% yields, invest in middle-market companies, more volatile. \- ENB (Enbridge) - \~6.5% yield, pipeline company, slow grower but stable dividend. What I'd actually do with $1000: Keep it simple, one holding. \- if you need income NOW: JEPI \- if you can wait for income to grow: SCHD Don't split $1000 into 5 positions - you'll pay more in friction and complexity than it's worth. One warning: anything yielding >7-8% usually has a catch - either growth is flat, risk is higher, or the dividend isn't sustainable. If it sounds too good to be true, it probably is.
I'm totally out of Yieldmax now after dropping HOOY the second week in December, which was the last one I held. They should be called yield trap funds. I now have it all in JEPI, JEPQ, SPYI and QQQI. Smaller divies and some small growth in price too. Good luck to you in coming back.
Qyld is the one that advertises a higher yield right? They probably sell at the money calls, which give a higher yield but fuck your recovery. So CC funds cap your upside while not really doing anything to protect your downside. So in a recovery qyld will do much worse than something like JEPQ where they are selling further OTM so they can somewhat recover. Both are by far worse than just holding QQQ though, and a trap to noob retail investors and those who failed Algebra.
I’m still confused how JEPI and JEPQ get their yield besides investing in dividend payers and using ELNs
Thanks. I currently have XYLD because it is only 35% tech apposed to 54% JEPQ.
What's wrong with ETFs that sell covered calls? JEPQ, JEPI, XYLD may limit your upside growth, but they thrive in sideways market .
There are ETFs that attempt to generate income from options trading. They are run by professionals that do only that, so perhaps that may be a place to start while learning more. Examples are JEPI, JEPQ, XYLD, QYLD, DIVO, SPYI, and more, most own shares of the underlying index funds and sell options on them to generate yields higher than the index provides. Options trading requires time and research to work well, and limits the capital gains on the underlying funds in return for more monthly income. I would also consider just moving more assets to equities if you are 10 years away from retiring. But that depends on your goals and plans.
JEPQ is an ETF that sells covered calls on QQQ. That is the relationship. It provides "income" by distributing a lot of non qualified - which are just forced taxable events. Most sane people don't like paying taxes and instead prefer to defer capital gains until retirement, when their income (and marginal tax rate) is generally lower. JEPQ has underperformed QQQ by about 6% YTD and 20% since inception in 2022 due to being capped on the upside from selling covered calls. So this is super stupid if you ask me.
OP is unaware of how JEPQ and QQQ are related. And he also has no idea the distributions from JEPQ are taxed basically as ordinary income.
Do you not understand how JEPQ and QQQ are related?
>Interesting that JEPQ is actually up 6% for me and is throwing off 10% distributions. Not really considering QQQ is up almost 20% YTD.
My thought was that as long as the NAV stayed positive / slightly negative, that the distributions...even after taxes (especially on FEPI) would yield a higher return than SP500. If I were to net $24k after taxes that would be a 12% return on $200k. However, if we do go into a bear market these funds will get hammered. Think I will take the community's advice and pull out of FEPI next week (after distribution) and harvest a modest loss. Rotate out of JEPQ sometime next year. Interesting that JEPQ is actually up 6% for me and is throwing off 10% distributions.
Value index gains as folks run from big tech, resulting in a stagnant S&P. VTV looking like a good ETF right now. I can see JEPI and/or JEPQ selling more shares, folks looking for gains via monthly dividends. EX-US may see continued growth, particularly foreign value. FIVA may do well.
No. However, I’ve leaned on this year towards income index funds, (a little riskier) which have done well—SPYI, JEPQ, QQQI. Algos (modern) are finally making these types of funds much more safe and profitable (my opinion). Always do your own research but I like these.
I have too much money in ARCC already but good call. JEPQ looks interesting. Basically Thetagang started and index fund to generate cash?
Purchased SEI this morning, adding to my AI related plays. Holding BW, APLD, SEI, and NVDA. Rate cuts imminent, holding diversified ETF’s and index funds including, SPY, XLK, QQQ, JEPQ. Bring on Kevin Hassett.
I understand that there's more profitable places to park my money, but it's fun getting that dividend from JEPQ and buying more JEPQ.
Can someone less regarded than I explain why buying something like JEPQ/JEPI with margin and banking the difference is a bad idea?
Shoulda probably said JEPI. Its a high return dividend etf based of the S&P. JEPQ is based off the nasdaq and has a higher return but its all over the fucking place.
JEPI and JEPQ are both covered call ETFs from JPMorgan that pay high monthly dividends and track the S&P 500 and NASDAQ 100 respectively. My four top dividend payers are: Realty Income (O), a REIT that pays interest income monthly and a Dividend Aristocrat. Federal Realty Investment Trust (FRT), a REIT that pays interest income quarterly and is a Dividend Aristocrat. Enterprise Products (EPD), a pipeline MLP that pays a quarterly dividend taxed as ordinary income and is a Dividend Aristocrat. Energy Transfer (ET), a pipeline MLP that pays a quarterly dividend taxed as ordinary income. If you buy all of these you will have a balanced portfolio with growth potential and good monthly income.
Behavioral controls are important too. To help mitigate my losses I only re-gamble half of my winnings from options. The other half buys SCMB to set aside my taxes and SCHD/JEPQ for the rest to give me dividend yielding assets. I can go to zero on all my options money and be forced to wait for a dividend to start gambling again. All trading is just psychological. The numerically optimal thing to do just pushes you to take risks.
I sell covered calls and cash secured puts for income (300-500 option contracts a month). The truth is it is very time consuming and a lot of effort to do well and I can do this because I don't care about my career anymore. Not something that makes sense in the middle of your career and your balance is way too small to make an impact. The shortcut way is to buy a covered call ETF like QQQI or JEPI, JEPQ. It's the same thing with less time commitment. There is a lot of income leakage as trading options is really easy money.
https://www.reddit.com/r/dividends/s/YD3PXPt7XL I'd add some layers to the overall strategy and split 90% into all three big firm CCs. GPIX/GPIQ (my favorites), JEPI/JEPQ and as you mentioned SPYI/QQQI. The NEOS funds have the highest yield and supposed best tax efficiency. The JP funds are more defensive in nature and will outperform in flat or slightly negative markets. The Goldman funds have the most capital appreciation while still delivering high yield. At the institutional level, there is the most trust (institutional ownership) in the JP funds, followed by Goldman funds and then very low ownership for NEOS funds. All three utilize similar but different strategies, plus they still have to execute on their strategies and some months, different firms will perform better. With all three you get increased diversification and variance in returns. You also get three pay dates per month. The remaining 10% into DIVO and IDVO, 30/70 split with IDVO being the higher allocation. Similar strategies to the big firm CC funds, but long track records and lower yield with emphasis of capital appreciation over time. Very high institutional ownership (>50%). Additional security in returns/distributions, one more payday per month and added international allocation. Then using the distributions, reinvest some back into each fund and use the rest for w.e. Id personally juice up the amplify funds with my big CC fund's distributions (doing that now). Also check out QDVO. Good luck 👍🏻
Who else on this board rotates between JEPQ and QQQI inter monthly to capture their healthy monthly payouts of 10.15% and 13.45%? 💰 Works well
Thinking of rotation out JEPQ because of the impending AI bubble and into something safer for now such as a short term bond ETF. Thoughts?
i would look into a nice income ETF as well I love JEPQ or JEPI
You might consider a bit of DIY dividend portfolio investing, though that takes a bit of homework and is something of a project. But basically, long-term diversification is all... [https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building\_a\_dividend\_portfolio\_and\_the\_rule\_of/](https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building_a_dividend_portfolio_and_the_rule_of/) One way to think about it is "Moneyball for Dividends." While the big funds (SCHD, JEPI, JEPQ, and others) are absolutely the right fit for a lot of people (set it and forget it), [https://www.reddit.com/r/dividendfarmer/comments/1omobcw/big\_dogs\_part\_ii\_an\_analysis\_of\_the\_top\_25/](https://www.reddit.com/r/dividendfarmer/comments/1omobcw/big_dogs_part_ii_an_analysis_of_the_top_25/) it's also kind of fun to put together your own team. [https://www.reddit.com/r/dividendfarmer/comments/1nnwbj8/moneyball\_for\_dividends\_a\_way\_to\_think\_about/](https://www.reddit.com/r/dividendfarmer/comments/1nnwbj8/moneyball_for_dividends_a_way_to_think_about/) You might try some YieldMax for fun (people say bad things about YM, but some of their products actually have held water pretty well). Here's a breakdown of everything YieldMax offers in terms of yield + capital gain: [https://www.reddit.com/r/dividendfarmer/comments/1olgg01/yieldmax\_yield\_capital\_gain\_analysis\_10312025\_is/](https://www.reddit.com/r/dividendfarmer/comments/1olgg01/yieldmax_yield_capital_gain_analysis_10312025_is/) And if you want weekly payers (though it's behind a paywall): [https://www.reddit.com/r/dividendfarmer/comments/1oixurn/weekly\_payers\_yield\_capital\_gain\_analysis/](https://www.reddit.com/r/dividendfarmer/comments/1oixurn/weekly_payers_yield_capital_gain_analysis/)
You might consider a bit of DIY dividend portfolio investing (if you are looking to diversify a bit), though that takes a bit of homework and is something of a project. But basically, long-term diversification is all... [https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building\_a\_dividend\_portfolio\_and\_the\_rule\_of/](https://www.reddit.com/r/dividendfarmer/comments/1hofu1z/building_a_dividend_portfolio_and_the_rule_of/) One way to think about it is "Moneyball for Dividends." While the big funds (SCHD, JEPI, JEPQ, and others) are absolutely the right fit for a lot of people (set it and forget it), it's also kind of fun to put together your own team. [https://www.reddit.com/r/dividendfarmer/comments/1nnwbj8/moneyball\_for\_dividends\_a\_way\_to\_think\_about/](https://www.reddit.com/r/dividendfarmer/comments/1nnwbj8/moneyball_for_dividends_a_way_to_think_about/) You might try some YieldMax for fun (people say bad things about YM, but some of their products actually have held water pretty well). Here's a breakdown of everything YieldMax offers in terms of yield + capital gain: [https://www.reddit.com/r/dividendfarmer/comments/1ofjkzn/yieldmax\_yield\_capital\_gain\_analysis\_10242025\_is/](https://www.reddit.com/r/dividendfarmer/comments/1ofjkzn/yieldmax_yield_capital_gain_analysis_10242025_is/) And if you want weekly payers (though it's behind a paywall): [https://www.reddit.com/r/dividendfarmer/comments/1oixurn/weekly\_payers\_yield\_capital\_gain\_analysis/](https://www.reddit.com/r/dividendfarmer/comments/1oixurn/weekly_payers_yield_capital_gain_analysis/)
I did the same thing soof the rental and put all the money into JEPQ. same income no headaches
First of all I keep investing as that's the best strategy that I know of. I don't see it as a bubble popping over night but rather a potential incoming slow rolling downturn of the market or stagnation until we get some real AI besides LLMs. The hype will slowly fade over time that could lead to companies lose the gains that they've got from it. That's why I've personally decided to move my money into JEPQ which has been made specifically for situations like this. I also get exposure to Nasdaq but I'm also prepare in case something happens and I can use the distributions to reinvest in discounted assets if the bubble really pops. Besides this I also invest in infrastructure for AI which I believe will not suffer as much from a bubble as other companies that are getting hype from AI tools. Not financial advice.
There’s funds that do this, like JEPI and JEPQ. There returns are rubbish (7-9% annually from CC premiums) for the risks they’re taking (massively lagging the funds they’re tracking).
Covered calls by their nature cap your potential gains. You keep collecting the premium selling options as long as the stock price stays low. If the stock price rockets up, your shares are called away and you no longer collect the premiums. Now imagine I had NVDA stock and kept selling covered calls. One day it rockets up, my shares are called away, the stock keeps rocketing up and I lost the opportunity of those gains. I mean if you have a high conviction long term investment, you probably don't want to risk assignment and losing shares. There is also tax obligation that triggers on profitable sales. ETF's that sell covered calls and return the premium to you in the form of dividend distribution have gotten very popular recently. You have JEPQ yielding around 10% and QQQI about 13%. In this case there is no maintenance to sell contracts and no risk of shares getting called. >I get you can get trapped if the prices tanks but outside that, isn't that just like free money until it finishes ITM You're basically saying I can't lose money if the stock doesn't go down. Easy to say, not as easy in practice.
Put half into SPMO -this is a momentum fund that has consistently outperformed the S&P500. That will give you some growth. Then invest the other half into QQQi and JEPQ for monthly dividends.
Congrats on reaching that point. Here's what the data actually shows about making a living selling options: I've researched this extensively because I considered the same path. The reality is both more promising and more dangerous than most realize. The Good News (The Edge is Real) The statistical advantage for option sellers absolutely exists: * 60-80% win rates are consistently documented across academic studies * CBOE PutWrite Index: 10.32% annual returns from 1986-2018 vs 8.77% for S&P 500, with 36% less volatility * Options Industry Council 15-year study: sellers averaged 8.27% annual returns while buyers lost 5.39% * Implied volatility exceeds realized volatility 85% of the time (AQR Capital research) * 2024 Boston College study of 2.4M retail trades: naked option selling earned 20% average returns So yes, the math works. The volatility risk premium is real and harvestable. The Brutal Reality (Why Most Fail) Here's where it gets darker: Capital Requirements Are Massive To generate $5,000/month income reliably: * Covered calls/cash-secured puts: $200,000-$300,000 (2-3% monthly target) * Credit spreads: $50,000-$100,000 (more capital efficient but active) * Iron condors: $75,000-$150,000 (10-20% on deployed capital) * PLUS you need 30-40% extra cash reserves for volatility spikes Below $50k account size, this strategy is barely viable due to position sizing constraints and fee drag. The Catastrophic Failure List * James Cordier (OptionSellers.com, 2018): $150M fund blown up in 2 weeks. Clients lost 100% + owed more. Natural gas spike, naked calls, 20-40x overleveraged * Karen "Supertrader" (2016): $136M fund, $57M unrealized losses hidden through rolling scheme. SEC fraud charges, $1.5M fine, permanent ban * 1987 Black Monday: Harry Fluke lost life savings + owed $513,000 from selling "safe" naked puts for $500 premiums. Professional trader lost $52M in one day * March 2020: Countless traders reported "losing double what the market lost" as VIX hit 82.69 The quote "picking up pennies in front of a steamroller" exists for a reason. What Separates Survivors from Casualties Position Sizing is Everything * 2-5% risk per trade maximum (Cordier had 20-40x this) * Use only 25-30% of available buying power (NOT 70-80%) * Multiple uncorrelated positions, never concentrated Defined Risk is Non-Negotiable for Retail * Credit spreads and iron condors survived March 2020 with 20% drawdowns * Naked options/strangles wiped accounts via margin calls * Yes, you collect less premium. But you survive Professional Risk Management * Enter at 45 DTE (optimal theta) * Close at 50% max profit (dramatically improves win rates) * Exit at 21 DTE regardless (avoid gamma risk) * Stop loss at 200% of credit for undefined risk * Portfolio margin only if you have 2-3x minimum requirements in reserves Early Retirement Now survived both Oct 2018 and March 2020 crashes using these rules. The OptionSellers clients using similar strikes but without proper sizing/risk management lost everything. The Tax and Time Reality Check Tax Treatment Destroys Returns * Short-term options = ordinary income rates (up to 37%) * 12% gross return → 8.16% after-tax at 32% bracket * SPX/NDX/RUT options get 60/40 treatment (max 28% rate) - substantially better * Stock options + wash sale rules = tax nightmare for active rollers This Isn't Passive Income * Covered calls: 20-30 min weekly * Iron condors/strangles: 30-60 min daily + hours during volatility * Learning curve: 100+ hours before you're competent * Compare to dividend stocks: 5-10 min quarterly Realistic Net Returns * Conservative defined-risk: 8-12% gross → 5-8% after-tax (high bracket) * With 2x portfolio margin: 16-24% gross → 11-16% after-tax * Expected drawdowns: 15-25% during crises * One bad volatility regime can erase years of gains How It Compares to Alternatives Dividend Stocks * 2-4% yield + appreciation * 0-20% tax rates (qualified dividends) * Truly passive (5 min quarterly) * Full upside participation * Lower income but WAY simpler Options Income ETFs (JEPI, JEPQ) * 8% distribution yield * Professional management, no blow-up risk * BUT: 2023 returned 9.9% vs 26.3% for S&P 500 * You cap upside permanently for that income My Honest Assessment You can make a living selling options IF: * ✅ You have $100k+ dedicated capital (preferably $200k+) * ✅ You use ONLY defined-risk strategies as retail trader * ✅ You never exceed 2-5% risk per trade, 25-30% portfolio exposure * ✅ You can psychologically handle 20-30% drawdowns without abandoning strategy * ✅ You have 30-60 min daily during market hours * ✅ You understand this is active income, not passive You will likely blow up IF: * ❌ You sell naked options with <$100k account * ❌ You use >50% buying power regularly * ❌ You increase position size after winning streaks * ❌ You sell options based on "market view" rather than mechanical rules * ❌ You lack 2x margin requirements in cash reserves The Professional Verdict Academic research is clear: Both retail and institutional investors profit most from selling volatility, but retail traders using simple strategies systematically lose money. The difference is capital, discipline, and risk management. Warren Buffett's successful 2009 option selling (puts on S&P at 450 strike during crisis) shows what it requires: $100B+ balance sheet making margin calls impossible, 50+ years experience, contrarian timing during panic, and ability to hold regardless of mark-to-market. Retail traders have none of these. The CBOE PutWrite Index proves 30+ year viability, but recent 2024 CAIA research warns "option selling has become consensus" with oversupply degrading future returns. Covered call strategies targeting high yields (12%+) LOST money 2011-2023 despite the bull market. Questions to Ask Yourself 1. Can you watch a $50k account become $35k in 3 weeks without panic-selling? 2. Do you have enough capital that a 30% drawdown doesn't threaten your lifestyle? 3. Can you follow mechanical rules when your gut screams to deviate? 4. Are you okay earning 8-12% with constant stress vs 10% buying index funds? If you answered yes to all four, you might be in the 5% who can do this successfully long-term. Congrats again on your success so far. Just make sure you've stress-tested your approach against a VIX spike to 40+, because that's when you'll find out if your risk management is adequate or if you're just lucky. The graveyard of blown-up option sellers is 20x larger than the roster of people who've done this successfully for 10+ years. Respect the steamroller.
Not index but best buys for me have been WPAY, SCHD, SCHG, FBTC, FUTY, and JEPQ
Just put the profits into WPAY and JEPQ.
Like we said. In Europe we can’t have nice things… PBDC and PFFA and CLOZ are not in Europe. JEPQ is LSE and is available (fortunately)
Well than JEPQ is your best choice of the 3. can you get PBDC9% yield, PFFA 8%, or CLOZ 8%. These 3 plus JEPQ would get you to your income goal and leave you with
I live in the US. I don't know how your laws affect investing for you or the fund selections you use. So keep that in mind. JEPQ and QYLD both invest invest in the same index. So why both. Also these ar not the best ones in the US markets. JEPQ produces regular dividends so the income is taxed at a higher rate. QYLD is known to have NAV and share price erosion issues. I use QQQI 14% yield, and the fund does everything possible to so that the share price and NAV follow the index. So far no NAV erosion issues. Also in the US the dividend is classified as ROC and is taxed at a much lower rate the JEPQ and QYLD. QQQI is a NEOS fund. NEOS has another fund SPYI that invest in the S&P500 The yield is 11.7% has no NAV erosion and the same low tax are QQQI. XYLU also has NAV erosion issues. So over all I would replace JEPQ, QYLD, and XYLU with QQQI and SPYI. Neos has several good funds you might want to use check out their web site. Also SPYI and QQQI fallow ther index they fallow. so volatility should be similar to the Nasdaq 100 and the S&P500 indexes.
Too complicated. Just go all into JEPQ and call it a day
Oh it can definitely be part of your investment strategy (though I prefer QQQI or JEPQ) - but it ain’t a hedge.
20% JEPQ or XDTE for income generation. 60% VOO 20% VXUS NFA
Are the price movements of covered call ETF's like JEPQ or QQQI influenced in the same manner as single company stocks or other ETF's like SPY or QQQ? I.e. supply vs demand, i.e. more buyers vs more sellers.
Ahh ok I see. I have an account through Public where I try to only trade with max 5% of my port and the rest is investments. Then I have a smaller account on Schwab for divs only (ADX, ARR, JEPQ, and MSTY), not too invested into that since Im young and should be investing more into growth stocks.
Currently own equal amounts of NZF, JPC, PMT, JRI and FBND for a yield of almost 9%. I I will flop for FBND for JEPQ if we ever get a stock market correction.
Never is good. I have a soft plan to sell 75% at $150B Mktcap, that'll give me $2M I can put into JEPQ. But I might hold on longer or sell CCs for a while.
Put it in JEPQ, earn 9% with monthly dividends.
Certainly. If you bought QYLD or RYLD, then imo you bought stinkers. They are not properly structured to resist nav erosion and are destined for the dump. At least imo. I hold a number of cc ETFs from both NEOS and Goldman and have been quite happy with them. So far. I understand your angst regarding cc ETFs after your experience. I think JEPI and JEPQ began a more modern approach to cc ETF investing that was more sustainable. But imo, both NEOS and Goldman have improved on the formula. I sold my JP funds in favor of the NEOS and Goldman cc ETFs. And I did something I swore I would never do. I've never been a bitcoin fan and vowed to never touch that sector. But I can't deny that Bitcoin offers opportunities, regardless my resolve to steer clear. I watched an interview by one of the NEOS co-founders (either Garrett or Troy) where they were discussing their cc ETF for the Bitcoin sector, BTCI. I was impressed enough that I bought some. And I've been very happy with it so far. 🤷♂️ I only have about 15% in cc ETFs at the moment. But they have blown away SCHD, one of my core staples during this bull market. Unfortunately that's not saying much since SCHD has been so flat this year. 😬
I think GOOGL/ GOOG is a long term hold. I’m holding leaps on GOOGL, NBIS, UBER and TSM. They’re all deep ITM (except UBER) so I plan to roll them for the next 10 years to maintain exposure. I sell weekly or monthly calls against those holdings to wash theta and chip away at cost basis. I’m holding MSTR shares long term - it’ll either work out or it won’t, but I could see it above $700 at some point in 2026. As long as the price floor keeps increasing YoY, I’m comfortable holding through the volatility. I’m also holding the XOM shares I bought in the $30s when oil futures went negative during covid. Lastly I’ve been trying to snowball JEPQ and JEPI in my Roth, so that’s a long term hold. Shoot…I was only supposed to give one. I guess I’d have to go with MSTR. I wanna punch myself every day for selling RDDT during the April selloff. I should probably get back in at some point.
JEPQ. Gets some smaller growth but also a real nice dividend
18 is way too young to be considering a house and all the responsibilities that come with it. I would take out from the profits what you put in, also take out any you need to pay off outstanding debts and then invest the rest. I would invest a chunk of the rest (like 40%) in ETFs like VOO and some that pay dividends, like JEPQ. 30% into solid high-growth companies (GOOG, NVDA, NBIS, etc) and with the last 30% mess around with more volatile stocks that have good growth potential (do your DD though). This is what has worked for me so far. I would consider it moderately aggressive but a bit more on the safe side than a lot of people on Reddit would suggest.
For dividends? You meant JEPQ/JEPI/SCHD and many others....... Not a penny stock.
AI (the usual), healthcare (JNJ, HIMS), BRK.B VUSD, EQQQ, R1GB, DGRW, JEPQ 33.33% going into dividend growth & BRK.B 66.66% going into broadmarket & growth, that way when shit hits the fan I won't really panic. Worked for me previously with dividends dripped into all my allocations as per their percentages.
JEPQ is fucking garbage, SPY alone is up 13% ytd while jelq is what sub 1%
im curious, why dont people just dump all their money into JEPQ and get 120+% annual returns? their 30 day yield is ~10% usually plus dividend reinvesting, like am i retarded and im missing something here or is this actually just easy money?
If you’re looking for something above Treasuries (\~4%) without jumping fully into equities, the natural next step is **high-yield corporate bonds or bond funds**. Good managers focusing on BB/single-B credit, and higher, can get you in the 6–8% zone, though you’ll be taking on more credit risk and some volatility. Preferred shares and floating-rate bond funds can also be considered (typically yielding 5–7%), and fixed annuities offer a guaranteed base but with reduced liquidity. **BDCs** and **covered-call ETFs** (like JEPQ) can hit 8%+, but they behave more like equity-income products and come with bigger drawdowns in bad markets. A balanced approach usually works best—keep a core in Treasuries or IG bonds for stability, then add smaller slices of high-yield bonds, preferreds, or select income-oriented funds to push the portfolio yield higher. Laddering maturities or mixing fixed and floating rates can help smooth the risk. If you happen to be investing in India, platforms like **Tata Neu** now make it easy to access government bonds, corporate debt, and other fixed-income products in one place. That can be a simple way to build your fixed-income base while still exploring higher-yield options without taking on outsized risk.
try and income fund like JEPi/JEPQ. SPYI etc. They do all the covered call selling for you./ JEPI will give you $80'000 in income every year
i think you have a solid list, but a lot of your ETFs overlap in strategy, and you can trim these down specifically, SPYI, QQQI, JEPQ, and JEPI all distribute monthly dividends by selling covered calls. i’d just hold JEPQ and JEPI because they are larger funds with lower expense ratios, and they are the same strategies as the other two ETFs similarly, SCHD, DGRO, and HDV all target dividend stocks. there’s effectively no difference between investing in a dividend ETF that distributes quarterly and investing in a regular index ETF and selling it yourself. personally i’d put all my money in VOO over these
Gently, you're making this way too complicated. VTI already holds the stocks in SCHD, VYM, JEPQ, etc. You're created a portfolio with a ton of unnecessary overlap.
>I'm looking to have some monthly income. Why? Are you retired? Never going to contribute anything to investment from this day going forward. >To date I'm holding some dividend stocks (e.g. JNJ, Chevron). and a bit of JEPI and JEPQ. Seems like a good way to pay a lot of extra money in taxes in order to also underperform the broader market.
Will update the growth side later if I remember to: One portfolio, two pies. Defensive: VUSD - 26.66% FUSD - 13.33% JEPQ - 13.33% EQQQ - 13.33% R1GB - 13.33% MSFT - 4% BRK.B - 4% JNJ - 4% COST - 4% WMT - 4% Growth: VUSD - 26.66% FUSD - 13.33% JEPQ - 13.33% EQQQ - 13.33% R1GB - 13.33% Remaining 20.02% is up of Tech/Crypto companies Was thinking at some point to replace FUSD, but there really isn't an SCHD alternative in the UK. Whilst FUSD has really nice growth, the dividend yield is 1.6%, which has gone down in the last 3 years. Almost feels like a less volatile S&P500 with slightly less returns.
QQQI, SPYI, JEPQ - collect dividends and chill. SPX calls for more excitement
Option buyers think that the contract should/will be worth more than what it is currently trading for, and option sellers think the opposite. It's two parties making a bet that they have more alpha than the person on the other end of that trade If you believe in efficient market theory, assuming both parties aren't insider trading, neither of them have any alpha; over time, both buying and selling options is capital neutral sans trading fees & borrow rates (leverage is not free: see BOXX) Option buyers want leverage and option sellers want less volatility. Using recency bias and claiming "MSTY is stupid because MSTR outperforms" is like saying "QQQ is stupid because TQQQ outperforms". No shit, sherlock, the product with more leverage outperforms during bull markets Or inversely, if it was January 2023, I could use recently bias to claim "I sold all of my QQQ for JEPQ; look at the 2022 chart!"
I use SPYI or QQQI. JEPQ and JEPI are probably the most known though.
JEPI and JEPQ. Look at the dividend.
I'm quite similar right now. Target goals currently are 60% VOO, 20% SCHD, 15% O/JEPQ, and 5% high yield divs. Only have like 6 total holdings with $100k invested. I think tech is still the play. As we progress as a society tech only plays a larger and larger role. Anyway, my strategy is growth into dividends in about 10-15 years for early retirement. Currently 30. I understand the idea behind straight growth and sell off some gains, but since I also own 5 rentals I like the idea that if I can pull enough monthly income I don't necessarily care about growth as much. Pulling $10k/mo in divs is somewhat the same as gaining $120k/yr in growth. This way I'm less worried about market fluctuations and can stay afloat with income that serves the same purpose while also maintaining the underlying position.
I have a theory why we were up this morning — the JEPI / JEPQ and other high income covered call etfs paid out so those receiving those dividends reinvested them. After that initial pump, the bad news caught up.
These options based ETFs (GPIX, JEPI, JEPQ) are pretty new. Not much history to them to know how they would handle different market conditions.
Do you invest in any options related ETFS such as JEPI/JEPQ? How's the performance comparison if so (is the options wheel worth it)?
Yeah you’re right I think that’s also another reason I have SCHD and JEPQ recurring investing on and drop that way by the time I am close to retirement I’ll also have that.
Sell everything, make sure your job is unaffected by demand in any form and fashion, put it all in a mutual fund or JEPQ, and never trade again. That would be my recommendation.
Eh.....certain "real" brokerages like to play nanny and block you from buying certain stocks or ETFs (I can kind of understand why Merrill Lynch might block YieldMax ETFs, but you can't even by JEPQ or QQQI???). Also, I believe it's the only way poors like myself can get access to make trades on the Blue Ocean ATS.
See most of my portfolio is focused on tech so I’m trying to just build more into ETFs and mutual funds that are equally balanced. Some are stock heavy right now I’m focusing on VOO, SPYG, SCHG, and then I’m working on snowballing SCHD and JEPQ
Stocks: I would sell UNH and CRSP. The rest are excellent. Be ready to buy more of them on dips. ETFs: You have too many. Focus on QQQ and VOO. Fine to add JEPQ and JEPI if you want monthly income from covered call ETFs. Crypto: This will be the most volatile portion of your portfolio. I agree not to contribute more. Let it ride and trim a little on price surges. You are in great shape.
I do VOO and JEPQ in both retirements and my 401k
ETF like VOO, SPY, VT, JEPQ, QQQ, VYM are great options
Leverage your investment with real estate. Buy three $600K condominiums in vacation areas with an eye towards short-term rentals, Airbnb, VRBO etc. 20% down payment for safety is $120,000 on each, so that's $360,000. I would plan on $30,000 to furnish all three, say Miami, Park City, Utah, and Honolulu. Plenty of available condominiums at $600,000 in those areas. Plan on professional property management. That would bring you four season unreasonably high rental income (not market). Then, with the other $100,000, just put it into a nice, safe ETF like JEPI, JEPQ, or SCHD. Your capital appreciation on the condominiums should be massive, even considering our current real estate market. The best time to get in was yesterday. The market for ultra-luxury vacations, or people that want to appear like they're taking luxury vacations, is not going anywhere. It's all about the gram.
ULTY is “Return of Capital Trash” Weekly distributions are not true yield: Most of what investors see as “income” is actually return of capital (ROC). They’re just handing back chunks of your principal, dressed up as a dividend. NAV erosion: Because the fund is bleeding itself with constant payouts, the net asset value (NAV) grinds down over time. Investors feel good getting weekly checks, but their underlying investment shrinks. Illusion of high yield: Quoting 120%+ TTM yield looks incredible, but it’s a shell game. Unless the fund is consistently outperforming the market (it isn’t), those yields are unsustainable. Expense drag: On top of that, ULTY charges ~1.3% expense ratio, which accelerates NAV decay. ⚠️ Real-World Impact If you held ULTY long-term, your “income” stream is offset by capital erosion. You’re eating your own seed corn: the fund pays you with your money, plus a bit of option premium, but long-term wealth doesn’t grow — it decays. ✅ Better Alternatives If you want actual yield instead of ROC gimmicks: JEPI / JEPQ – Covered-call ETFs that still retain NAV stability better, though capped upside. SCHD – Dividend growth ETF with lower yield, but real sustainable distributions. Laddered bonds / munis – Actual coupon income, not ROC.
Putting $500,000 USD into any boring ETF will dramatically make your life much easier. You could put it into SCHD or JEPQ and enjoy dividend income and taxes. You could put it into VOO or VDC. It isn't "never work again" money, but it is "make life dramatically easier" money.
It's ok. Breath take a deep breath and regroup. Stop taking home runs and start building long term. Look into investing and building a foundation. Looking into the magnificent 7 and xl sprds as your foundation. Once that is built Look into SCHD, QQQI, JEPQ and AGNC as low risk stable dividend stocks. When you are ready look into high risk dividend stocks such as BTCI, CVNY, MSTY, CONY. It's not the end of the world I promise just take a bit of time and you will get it back
need a small loan of a million dollars at a interest rate lower than 5% so i can dump it into JEPQ or similar dividend stocks and retire with my other passive income on top of that. pay it back with dividends and snowball the debt as much as possible and refinance when possible to keep more of those sweet sweet dividends
You are doing way to much and these are not high growth portfolio's at all. If you want high growth in ETF's just stick to JEPQ & QQQ. for the rest of your allocation: 1. follow some high quality growth stock analytical youtube channels 2. pick what you like 3. diversify among them
i dont want a lot, just a small loan of a million dollars, at a relatively low interest rate, that i can dump into JEPQ, and reinvest mass amounts over time since i really dont live on a lot, and sit and home so i can play fucking video games and make music all day bc i hate my life https://preview.redd.it/k9sxnu3d0olf1.png?width=750&format=png&auto=webp&s=00eb659ecb785dda179ada4a9470d5d13166ffce
Personally not a fan of dividends but I do SCHD JEPI JEPQ and VYM
rather than bond, why don't you look into CC etf, like JEPI/JEPQ, SPYI/QQQI. They provide monthly dividend, you can use them to reinvest or buy some good steak for yourself.