4D·

Poor performance?

$JEGP (-0.27%) why has it been performing so poorly?

Is it because the underlying assets have decreased in value? Currency euro to dollar? Or is it due to its CC strategy?

Anyone have an actual explaination? Rather than the usual "because CC etf are bad" response

I know there are plenty smart financial gurus here so help me out 😁

9 Comments

ETFBAAS@etfbaas

I sold it this year....
check out $WINC same principle, only pays quarterly.
and has upside growth in price , in 2025 one of my best dividend ETF apart from $TDIV

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NichtRelevant@NichtRelevant

@etfbaas Same combination here $TDIV plus $WINC. So far that has worked quite well.

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ETFBAAS@etfbaas

@NichtRelevant indeed also added $LDGL this year combined with $FTWG working out quite well currently 🫡

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PODS@Qubbo

It more or less follows a Minimum Volatility index (they have similar total returns) and as a CC etf it cuts the upside returns of its underlying.

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Robinhold@robinhold

$JEGP is fully working against itself, It is covered call and working with low Volatility index. Where as in order to get better performance from CC ETFs you should have volatility so that call options are being sold or bought. That's the reason why $JEPQ works way better, because its index(NASDAQ 100) is more volatile. I hold both and sold both too, but if i will open any CC position it will be $JEPQ

Note: About CC is bad/good, true when you compare with the parent index. $JEGP will almost centainly underperform Minimum Volatility index and also $JEPQ will underperform NASDAQ 100, but it doesn't mean that they are necessarly bad. Especially If you are okay to underperform the index but have good cash flow.

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Stefan@stevemeister96

Yeah that makes sense, but if dollar/euro exchange rate is to blame also, and maybe the underlying assets have performed poorly?

Right now $JEGP is barely playing even with the dividends im receiving and the loss of share value.

Thanks for your comment

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CRDonkey@DonkeyInvestor

It is because it's crap

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Solitair@Solitair

I shifted my position to $WINC last year. I also have $JEPQ, which is doing quite well, and $ASWM. It only writes covered calls on half of its portfolio and therefore has a higher upside potential. You can see from the fact that it has recovered quite well from the March lows, for example.
Unfortunately, he also has $YYYY in his portfolio, which has turned out to be a similar tragedy.

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Italiener@Italiener

Go with the $LDGL

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