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I am out at $JEGP and also prefer to save at $JEPQ. I think it's a much better choice in the long term.
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@JH90 hold both
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@GoDividend although the share price increase at $JEGP is not that great?
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The two have very different compositions and volatility profiles. One is US only, the other global. One weights tech very highly, the other weights the sectors more evenly. I also hold both and find this extremely sensible for me.
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@Rob314 take a look at the answer from @Yield-Ahead - that should answer your question ;-) it's not about whether there are 1 or 2 monthly payouts, but whether you spread the risk a bit and nobody knows what's coming. You can't plan the payouts for either of them, so I think it's the mix that makes the difference over time
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@GoDividend That's exactly how I see it. I don't plan for price growth in line with the market, let alone organic growth in distributions, with option strategies. There are too many imponderables. However, I am still able to achieve growing distributions by constantly reinvesting dividends, through savings plans and by making targeted purchases during setbacks. In the area of option strategies, I would like to consciously diversify, perhaps later via other funds such as $WINC. I also rely on uncapped bread-and-butter ETFs $VWRL and $FGEQ. 👍