4 Covered Call ETFs that pay you every single month!... JEPI, JEPQ, DIVO, IDVO

Today I have 4 covered call ETFs that pay you every single month. Many more videos coming in this series so follow along as we build out a monthly paying dividend (and distribution) portfolio!

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0:00 Intro
0:37 JEPI
2:48 JEPQ
4:06 DIVO
5:36 IDVO
7:00 Summary chart

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[jimm]

Looking forward to the IDVO review…. Thanks

[Gman-]

Watched and liked. Love this series you’ve doing Dave! Have Jepi and Jepq in my portfolio..on the fence with Divo

[richardthorne]

Great job as always. We are so similar i own JEPI/Q and DIVO and run similar strategies on my own dividend portfolio as well.

[HyenaGoWR]

I have JEPI and DIVO. Math doesn't lie, DIVO has outperformed since I started with these.

[karlbork]

I am staying in bonds but will buy these after a market correction.

[normansimonsen]

I like JEPI and JEPQ. Thinking about IDVO for some international exposure. Difficult to go with anything paying 5% when I can get almost as much in mm/treasury funds with 0 risk.

[miguelrode]

Thanks Dave! Great content as usual. What's the website you use to research the ETFs?

[Reza]

I like these and have these ETFs. But, I also augment them with selling naked puts, with some strike price that will not be assigned, using my non-margin buying power. That usually augments the return with another about 3%

[theghostoftoby]

Still holding off on Jepq for the moment. Need to see more before I throw my money into it. I have divo and Jepi right now even though I’m a little concerned with the Jepi distribution trending down the last three months.

[hansschotterradler]

All but IDVO are in my portfolio. I'd like the idea of international exposure; but those international stock never seem to do as well as US stocks.

[jamesec]

Hi Dave, another good charting on your part. Thanks. Hey, I looked at the JEPI holdings and they’re all S&P 500 companies. So, I assume that JEPI’s high dividends are a matter of how well the two managers are at selling options? The portfolio is only going to deliver X amount of dividends so the rest is what I assume. Do they sell covered puts as well? If yes, that would entail a timing of the market which can’t be done. I’m curious as to what scenario would negatively affect the dividend? On the low side, from what I can see and bast on the last quarter, the yield would be just over 9%. Nothing to sneeze at. 🙋‍♂️Cheers!

[CurtBuermeyer]

I use Yahoo for charts, but what are you using? I need the "total return" vs price. I have no idea why Yahoo finance can't do that...

[reddragon]

Good morning, I hope you don't mind that this question is a bit off-topic. New to options so a basic question lol. If I am selling a put for expiration the following Friday, does it matter as far as the premium if I buy it on Friday or on Monday?

[sssst]

What do you like for a taxable account for a high taxed investor? Thank you.

[chamade]

DIVO seems redundant for income in an environment where tbills and mmas pay 4.7-5%. Still getting slaughtered by inflation…

[DividendDork]

I own all 4 of these ETFs and have generally been happy with the results. However, JEPI has lowered the dividend noticeably and now Seeking Alpha has downgraded it to a “sell.” JEPQ’s yield has also started to drop. Can you repeat this analysis (4 months later) and update the results?

[stephenhegarty]

JEPI in a HSA account? And tax implications?

[dumpsterfire]

What's going on with SCHD ? It's tanking day after day. Heard some news that says Charles Schwab has more stressed assets than SVB

[jeancarloferreira]

Are u going to add MLPs BDCs and CEFs to your series ?