3Mon·

I know you think it sucks...

$JEGP (+0.91%)

There is not rice, but dividends.

https://youtu.be/AainIbNwIcY?si=KI6XV2xQLwp_3m5I

07.11

JPM Global Equity Premium ETF

Received x600 Dividends at $0.144

$86.28

20 Comments

Reminder@Reminder

3Mon

I don't have the JEGP, but - among other things - the JEPQ, but the comments that portray investors with a dividend strategy as stupid, clueless idiots are "shit" at best!

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Johnny B.@JBatelli

3Mon

@Reminder I also think the dividend strategy is good. Nevertheless, you can still write that the $JEGP has performed well behind the $TDIV with 27.8% or the $WINC with 21.3% over the last 20 months at 6.8%. Or you can write in a provocative style that it "sucks" because there are better things for many investors here.

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NichtRelevant@NichtRelevant

3Mon

@JBatelli ( I also have $WINC and $TDIV - these are the two larger ETF positions ). The post was of course deliberately provocative. 😏

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Paddy@Mechanikx

3Mon

I used to have it too, but unfortunately the price losses bear no relation to the dividend.

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Darkwingduck@Darkwingduck

3Mon

@Mechanikx don't see the companies in the Etf as being all that bad.

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Metis@Metis

3Mon

@Mechanikx That's why I recently got rid of it and sold it.

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Paddy@Mechanikx

3Mon

Better less dividend and more price gains with normal world etf's.

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Max@Divident_e

3Mon

It sucks

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Dylan V.@Legend14

2Mon

@Divident_e dumb

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Jimmy@monkey_gambler

3Mon

Trick 17, invest directly in the reference ETF and pay yourself your desired dividend. Gives more return.

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Thomas@Thomas_1963

3Mon

With a dividend payout of 8.3% and a loss of 10.7% in one year, it's not exactly a winner.
I am also pursuing a dividend strategy, but I would also like to leave something to my children.

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NichtRelevant@NichtRelevant

3Mon

@Thomas_1963 hm. If I go back 2 years I have a price minus of about 3% and then plus the distributions. 😁

I know that most people are allergic to the paper. That's why I posted it. Just to annoy you. 😉😅

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Dylan V.@Legend14

2Mon

@Thomas_1963 u forget the re investment and long term, one year is nothing

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Ichbinak63@Ichbinak63

3Mon

I'm also in with 200, it's not that bad in my opinion.

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Revenant@Revenant3

3Mon

I do a 50/50 combi with $WINC

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NichtRelevant@NichtRelevant

3Mon

@Revenant3 I have that one as well - together with $TDIV

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Mac M.@Kronos_

1Mon

Don't let anyone tell you that people simply don't understand that it's not growth that matters but the dividend with this etf😁

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Chris@Psychedelic_Sunflower

3Mon

Even if dividend strategies are less suitable for wealth accumulation, this vehicle is completely unsuitable. What is the point of dividends if the share price is completely lagging behind?

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❤️DIST-LOVE@DISTLOVE

3Mon

I am somewhat disappointed with the share price performance to date. I would rather forego a 1-2% payout if it meant stronger share price growth. Perhaps JPM will make some adjustments here. Good CC ETFs should outperform the underlying.

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Alex@nitroxx

3Mon

I'm not really happy yet, but I'll complete my year of holding and then decide

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