JEPI
JPMorgan Equity Premium Income ETF
stock NYSE ETF

I've been following this sub for a while and, to be honest, I'm starting to wonder if we've strayed from what "dividend investing" actually means.
To me, dividend investing is about identifying strong, reliable businesses with a solid track record of paying and growing their dividends — often undervalued or reasonably priced companies with long-term potential. Think of companies with economic moats, strong cash flow, and shareholder-friendly policies.
But lately, all I see here is:
- "Here's my 3-ETF portfolio!"
- "I bought SCHD, VTI, and VOO!"
- "Should I swap JEPI for QYLD?"
I'm not anti-ETF — they absolutely have their place, especially for beginners or for broad exposure. But if your three ETFs overlap 70%+ with each other, are we really "investing" here? Or just pressing copy-paste on index funds and calling it a strategy?
Where's the discussion on individual dividend stocks? DGI (Dividend Growth Investing)? Dividend safety, payout ratios, 10-year dividend CAGR, business fundamentals?

Yeah cash out 15 BTC into JEPQ/JEPI, keep 10BTC to yourself.

I retired a couple of years ago, we had most in traditional IRA/401k accounts. I have basically gone to a 60/40 portfolio but my 40% bucket is not fixed income but income with more dividends including SCHD and VIG plus higher yield like JEPI, SPYI, JEPQ, O, and ARCC. Only about 10% in actual bonds and MMA. In addition I have been filling the 24% bracket with Roth conversions. Like you we are well prepared for a downturn and no need to sell during a correction.

Try this: [https://www.dividendchannel.com/drip-returns-calculator/](https://www.dividendchannel.com/drip-returns-calculator/)
SCHD is ahead over the life of JEPI.
Good luck.

This is what I did - actually used chatGPT to help find the right mix based on my goals. For example, knowing i was going to contribute to my 401k consistently and try to max out in a low risk way, I decided to take on a tick more risk in a taxable brokerage account. 40% SPYG for some added growth, 30% VOO for stable growth, 10% SCHD for div growth, 10% JEPI for high yield, 5% ARKK as a growth accelerator and 5% XAR (worlds gonna blow up soon, yea?)

Also, if one is super wonky and wants to dig in. SPYI is much more transparent. You can see each day how they are positioned. Where with JEPI all you can see is ELN names which mean nothing without the magic decoder ring.

SPYI pays a higher dividend and is tax advantaged. JEPI has more growth upside. From my cursory analysis it looks like SPYI offers better total returns. I have one in my taxable account the other my retirement account for that reason. But I’m even thinking of swapping out my retirement account because even without the tax benefit SPYI seems to be offering a better total return.

SPYI has outperformed JEPI consistently, and I think SPYI pays out dividends in the form of RoC, which means the tax hit should be less painful.

Looking for advice. If you had 300K in a taxable brokerage and wanted to split it up evenly into 3 high paying dividend EFTS, which would you choose? I’m looking at JEPI, JEPQ and SPYI. It looks like the 3 of these would average around a 10% yearly dividend payout currently?
I’m trying to stay away from what looks to be higher yield, but more risk EFTs like MSTY or ULTY. But I’m also hoping for better payouts than SCHD or DIVO.
Thanks for any advice.
Additional info: I would take around 70% of the dividend payout as income and reinvest 30% equally into the 3 EFTs

JEPI and SPYI

My highest dividends in order…SVOL, AGNC,JEPQ, JEPI, COPJ, SILJ my cash is in SGOV.

Hello Fidelity
Hoping you can help me understand the estimated annual income column in the dividend view inside portfolios. It seems to be overestimating dividends in some ETFs by over 30 percent.
There are notes about how EAI is calculated using data from [Refinitiv](https://www.lseg.com/en/data-analytics), a third-party provider, one portion mentions "Calculation = (Latest Dividend \* Dividend Frequency)." Makes sense.
Two examples.
YMAX. The recent dividend distribution was .1041, and it pays weekly. The portfolio owns 365 shares. .1041 x 52 x 365 = $1975. The estimated annual income on the portfolio dividend view shows an estimate of $3007, a 50 percent overestimate. Perhaps it is using stale data when the dividend was a higher on [a month ago on 6/25/25](https://www.yieldmaxetfs.com/our-etfs/ymax/).
ULTY. The recent dividend was .1035, and it pays weekly. The portfolio owns 1618 shares. That calculates (.1035 x 52 x 1618) to $8708. The estimated annual income on the Fidelity dividend view shows an estimate of $12,167; overestimating by about 40 percent. ULTY has been paying around .09 per share for the last two months, and only the most recent weekly payment went above 10 cents. If we reverse the math and start with the estimated annual income, it's estimating a weekly dividend distribution of .1446, which the fund has never paid since converting to paying weekly in March 2025, [linked data source here](https://www.yieldmaxetfs.com/our-etfs/ulty/). This tosses out the idea that it's because of stale data.
How is the estimated annual income calculated for YMAX and ULTY? Both of these high dividend ETFs converted from monthly dividend distributions to weekly distributions earlier in the year if that helps figure this out. Estimated annual income for monthly payers JEPI, JEPQ seem to be more accurate.
Any help on why the calculation used is overestimating annual income by a significant amount? I realize it is an estimate and not an exact figure. A 40-50 percent overestimate on these examples seems rather inaccurate. Thank you for any help figuring it out and possibly making it more accurate.

Sold JEPI bought ULTY

It's not a secret but new investors or entering the market everyday and wouldn't know this. I've had JEPI/JEPQ on my radar for several years but never really investigated them and, as an old investor was wary of the "high yields". This sub has been very informative.

So you moved all of your JEPI and JEPQ to QQQI and SPYI? I was just thinking about that because it looks like Neos is outperforming.
Is the switch treating you well? Glad you made that move?

SCHD, JEPI, JEPQ

Back in November 2024, I bought 350 shares of NVDY at $25.35 per share. Right now the price is down to $16.93, which means I’m down about 33% on paper.
But over this time, I’ve received $8.29 per share in dividends, so the actual loss is much smaller – just around $0.13 per share when factoring in payouts.
I’m considering just holding the position until I’ve received my full cost back through dividends. At that point, I’d keep holding for pure passive income, since anything beyond break-even would be profit.
At the current average monthly payout (~$0.80), I estimate it’ll take me around 21 more months to fully recover my investment. Assuming the dividend holds steady, that feels reasonable.
On the other hand, I know there’s a risk:
The fund’s NAV might keep eroding.
If NVIDIA becomes less volatile or drops sharply, monthly payouts could shrink.
Meanwhile, I could be putting this money into something more stable, like JEPI, JEPQ, or SCHD.
Curious what others think. Would you stick with it and let the dividends do their thing? Or cut losses and rotate into something with more stability and diversification?
Appreciate any thoughts or experiences. Thanks.

Not more than 5% in any one holding, invest across various sectors and types of investments (REITS, CEF, MLP, Equity, Bonds, covered call etfs, etc). Some examples; JEPI, BND, BST, RLTY, CEFS, CLOZ, QQQI, FSCO, BALI, ADX, IDVO, IBIT, BTCI, BSM, MPLX, ARCC, PBDC, PFFA, etc. I like to hold RSP,SCHD, and VOO also. I don’t drip, I look at my portfolio a couple times a month and buy whatever is the best value at the moment. If nothing looks interesting I’ll park money in TLT or BND until I need it. Understand what you own, keep educating yourself constantly. Good luck on your journey

JEPI

I hate this portfolio for a 29 year old. JEPI, JEPQ, ULTY are a no. VOO and VTI accomplish the same things.
VOO/ SCHG/SCHD 70/20/10. Call it a day.