The Best Dividend ETF That Pays Cash Monthly: JEPI vs. SPHD
Briefly

This article emphasizes the importance of generating passive income through strategic investment in dividend exchange-traded funds (ETFs). For low-risk investors eager to diversify, the J.P. Morgan Equity Premium Income ETF (JEPI) and the Invesco S&P 500 High Dividend Low Volatility ETF (SPHD) are recommended for their monthly dividends and high yields. JEPI, in particular, boasts an impressive 11.38% yield, significantly outperforming the S&P 500. The article discusses the mechanics behind JEPI's income generation, emphasizing its effective use of options to maintain steady income in fluctuating markets.
Jimmy P. Morgan Equity Premium Income ETF provides a striking yield of 11.38%, ideal for investors who seek steady income as well as some capital protection.
The ETF's innovative strategy of selling call options on its securities means consistent income, even when the market faces volatility, making it a solid choice for income-focused investors.
Read at 24/7 Wall St.
[
|
]