The Most Dangerous Dividend ETF Investors Keep Buying
Key takeaways
- JEPI ^GSPC NVDA The JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) has become a $44 billion giant and the largest in the covered call ETF category.
- It became a Wall Street darling in 2022, when it outperformed the S&P 500 (SNPINDEX: ^GSPC) by 15 percentage points and routinely offered double-digit yields.
- In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia.
JEPI ^GSPC NVDA The JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) has become a $44 billion giant and the largest in the covered call ETF category. The fund is a relatively easy sell for income seekers too -- a low-volatility, large-cap portfolio with an 8% yield that s paid monthly. It seems to keep drawing in money regardless of its performance.
It became a Wall Street darling in 2022, when it outperformed the S&P 500 (SNPINDEX: ^GSPC) by 15 percentage points and routinely offered double-digit yields. But lately, it s been riding on its reputation.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »