NEOS S&P 500 High Income ETF TodaySPYINEOS S&P 500 High Income ETF$51.96 +1.31 (+2.58%) 52-Week Range$41.60▼$52.78Dividend Yield11.84%Assets Under Management$5.43 billionAdd to WatchlistOn Sept. 17, the Federal Reserve finally gave Wall Street what it had been asking for. The central bank cut its effective federal funds rate (EFFR) for the first time since 2024. Unsurprisingly, the market reacted favorably and is up 1.42% since that announcement.  However, debt securities are becoming increasingly unappeal ...

I first analyzed the JPMorgan Equity Premium Income ETF (NYSEARCA: JEPI ) in December 2024, concluding that investing in the fund, both in the near term and over the long haul, would be an unwise decision. Was I wrong inBuilding a high-income portfolio is about more than just buying superficially high-yielding assets, it also involves preserving and growing wealth over time. I come here as an investment analyst, not a financial advisor, with the aim of educating readers on how to do both. My focus will be o ...

Market watchers anticipate that the Fed will cut interest rates by 25 basis points today, with futures pricing in a 96.1% chance of such a move, at the time of writing (per CME FedWatch Tool). There is a 3.9% probability of a larger, 50-basis-point reduction. The bets over rate cuts heightened amid a softer labor market.Retail Sales Stronger Than ExpectedWhile several economic data points came in at weaker-than-expected this week, U.S. retail sales rose 0.6% in August, way higher than the 0.2% forecast, as ...

Covered call ETFs ( XYLD ) have exploded in popularity in recent years, with J.P. Morgan rolling out JPMorgan Equity Premium Income ETF ( JEPI ) and JPMorgan Nasdaq Equity Premium Income ETF ( JEPQJoin Now to Access Our Top Picks for H2 2025!Your timing is perfect! We’ve just released our latest top investment picks, and by joining today, you’ll gain immediate access to these exciting opportunities.We invest thousands of hours and over $100,000 annually into researching the most profitable investment opport ...

Core Insights - J.P. Morgan Asset Management has launched the JPMorgan Equity and Options ETF (JOYT), expanding its Equity Premium Income Suite to meet client needs for total return [1][3] - JOYT aims to integrate dividends, options premium, and capital appreciation to deliver robust returns with lower volatility compared to the U.S. large-cap market [2][4] - The fund is competitively priced at 35 basis points, aligning with the pricing of existing products JEPI and JEPQ [4] Company Overview - J.P. Morgan Asset Management manages $3.8 trillion in assets as of June 30, 2025, serving a diverse clientele including institutions and high net worth individuals globally [5] - JPMorgan Chase & Co. reported $4.6 trillion in assets and $357 billion in stockholders' equity as of June 30, 2025, positioning itself as a leader in various financial services [6]

Core Insights - Achieving $1 million in passive income is challenging, but generating smaller amounts is more feasible [5][6] - Retirement income may require selling assets or generating passive income through investments like ETFs [2][3] Portfolio Analysis - Typical dividend yields for blue-chip companies range from 2% to 4%, with some companies yielding 5% or 6% [6] - To generate $1 million annually at a 3% yield, a portfolio of approximately $33.33 million is needed, while a 6% yield requires about $16.67 million [6][8] ETF Recommendations - Three ETFs with solid dividend yields and historical returns include: - Schwab U.S. Dividend Equity ETF (SCHD) with a yield of 3.9% and 5-year average return of 11.49% [9] - Fidelity High Dividend ETF (FDVV) with a yield of 3.1% and 5-year average return of 17.56% [9] - Vanguard High Dividend Yield ETF (VYM) with a yield of 2.6% and 5-year average return of 13.79% [9] - For higher yields, the iShares Preferred & Income Securities ETF (PFF) offers a yield of 6.5%, though with lower average annual gains [10] - Covered-call ETFs like JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Equity Premium Income ETF (JEPQ) yield 8.4% and 11.2% respectively [11]

Core Viewpoint - The JPMorgan Equity Premium Income ETF (JEPI) and JPMorgan Nasdaq Equity Premium Income ETF (JEPQ) are attracting investors due to their high trailing-12-month dividend yields of 8.2% and 11.2%, respectively, and their provision of monthly income, appealing to passive income investors [1][19]. Group 1: ETF Structure and Strategy - Both ETFs invest up to 80% of net assets in equities, with JEPI focusing on S&P 500 stocks and JEPQ on Nasdaq-100 stocks, not specifically selecting stocks for their dividend yield [3][4]. - The remaining 20% of net assets are allocated to equity-linked notes (ELNs), which involve selling call options on the respective indexes, generating income through premiums collected [4][6]. - The strategy aims to provide sufficient income for distributions through a combination of premiums from ELNs and dividend income from stock holdings, with limited upside and downside [6][19]. Group 2: Performance Analysis - The ETFs are designed to demonstrate lower volatility than their respective indexes, with the monthly standard deviation for JEPI at 3.1% compared to 4.7% for the S&P 500, and for JEPQ at 4.2% compared to 5.7% for the Nasdaq-100 [20]. - Historical performance shows that the strategy is effective in generating positive returns during moderate market conditions, while limiting losses during significant market declines [16][19]. - Both ETFs have exhibited high R^2 values, indicating a strong correlation with their benchmark indexes, and have lower maximum monthly drawdowns compared to the indexes [14][20]. Group 3: Investor Implications - Despite the ETFs underperforming relative to the indexes, which had average monthly gains of 1.5% for the S&P 500 and 1.8% for the Nasdaq, they provide lower volatility returns and substantial dividends, making them suitable for passive income generation [18][19]. - The three most significant monthly drawdowns for JEPI are -6.4%, -4.2%, and -4.1%, while for JEPQ, they are -8.7%, -6.8%, and -6.6%, indicating a more stable performance during downturns [20].

Group 1 - Covered call ETFs such as JPMorgan Equity Premium Income ETF (JEPI), Global X Nasdaq 100 Covered Call ETF (QYLD), and Neos products (SPYI, QQQI) have gained significant popularity in the market [1] - The company invests over $100,000 annually into researching profitable investment opportunities, focusing on high-yield strategies [2] - The approach has resulted in over 180 five-star reviews from members who are experiencing positive returns [2]

Group 1 - The article discusses the investment strategies offered by Sensor Unlimited, which include two model portfolios aimed at different investment goals: short-term survival/withdrawal and aggressive long-term growth [1][2] - Sensor Unlimited is led by an economist with a PhD, specializing in financial economics and has a decade of experience covering the mortgage market, commercial market, and banking industry [2] - The focus of Sensor Unlimited's research includes asset allocation and ETFs related to the overall market, bonds, banking and financial sectors, and housing markets [2] Group 2 - The previous work on JPMorgan Equity Premium Income ETF (JEPI) was published on May 13, comparing it with SPYI and providing three reasons to prefer SPYI [1] - The investment group Envision Early Retirement, led by Sensor Unlimited, offers proven solutions for generating high income and growth with isolated risks through dynamic asset allocation [1] - The group provides direct access for discussions, monthly updates on holdings, tax discussions, and ticker critiques upon request [1]

Core Insights - J.P. Morgan Asset Management has launched the JPMorgan Nasdaq Hedged Equity Laddered Overlay ETF (HEQQ) on the Nasdaq Stock Market, expanding its Hedged Equity suite [1][2] - The new ETF aims to provide investors with a sophisticated strategy to navigate market volatility while capitalizing on the growth potential of the Nasdaq-100 Index [2][3] Product Features - HEQQ employs an options overlay strategy that offers laddered exposure through holding options for multiple hedge periods, aiming to reduce volatility during market uncertainty [2] - The fund is designed to provide consistent hedged exposure while benefiting from the tax efficiencies associated with the ETF structure [2] - HEQQ is paired with an actively-managed long equity portfolio focused on growth and technology, allowing investors to capture significant portions of the Nasdaq-100 Index while mitigating risk [2][3] Management Team - The portfolio management team is led by Hamilton Reiner, who has over 30 years of experience in derivatives investing and manages the largest actively managed ETF, JPMorgan Equity Premium Income ETF (JEPI) [3] - Reiner emphasizes that HEQQ enhances the options-based strategies portfolio and serves as a counterpart to HELO, focusing on enabling participation in market gains while mitigating downside risk [3] Pricing and Assets - The fund is priced at 50 basis points, making it a competitive option for investors seeking a balanced portfolio [3] - J.P. Morgan Asset Management manages assets totaling $3.6 trillion as of December 31, 2024, indicating its strong position in the investment management industry [5]