3J·

JEGP dissapointment

So what's the thing with this one? The covered calls strategy was supposed to protect the ETF from market downturns - but what is happening is everytime the market goes down this goes down at the same rate, but then when the market goes up it just lags.

I don't want to drop this immediatly from my portfolio - but it's getting there... any other views?

8 Commentaires

KingC@RaphGM

Because you really thought that an ETF with monthly payment of 8%, covered calls and higher fees could beat the market?

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GeldGenie@GeldGenie

@RaphGM For sideways-markets: yes it does/would.

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CaYaRo@CaYaRo

regardless of the price changes: have you also considered the dividend payments?

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Revenant@Revenant3

I wait untill the next ex dvd date and decide whats my next move. The USD/EURO rate is also a factor, but not sure if this matches the difference. 🤔

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Aeglospt@Aeglospt

yea - I did. The dividend payments don't compensate at all the bigger downturn. Just look at the graphic.

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DividenDaan@DividenDaan

@Aeglospt The dividend is obviously in your pocket, the SP500's price appreciation has not yet been realized. Anyway, I would also like to buy in but am afraid the ETF will fall further and my purchase price will be too high and thus lose money. I really see this as a HOLD.

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Kein Spekulant@randomdude

Oh man, what a surprise 🙀

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Aeglospt@Aeglospt

@randomdude that was insightful! Thank you!

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