JEPI - 1 Unique S&P 500 ETF for Those Seeking Passive Income and Less Volatility
2024-06-01 03:14:00 ET
The S&P 500 index is one of the most popular investing benchmarks. Over the past three decades, the broad-market index has produced a nearly 10% average annualized total return. Because of that, many investors opt to match the index's returns by investing in an exchange-traded fund (ETF) designed to track it.
While traditional S&P 500 ETFs provide investors with returns roughly matching that broader market index, they have some drawbacks. They don't provide much income (the S&P 500's dividend yield is around 1.3%) and expose investors to stock market volatility . Investors seeking more income with less volatility have many options, including the JPMorgan Equity Premium Income ETF (NYSEMKT: JEPI) . Here's a closer look at this unique S&P 500 ETF.
JPMorgan Equity Premium Income ETF aims to provide investors with monthly income and equity market exposure with less volatility than the broader market. The actively managed ETF has a two-pronged strategy to deliver on its objective.
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1 Unique S&P 500 ETF for Those Seeking Passive Income and Less Volatility