Explore the key differences between SCHD and JEPI, and learn how to create a balanced investment strategy that matches various risk tolerance levels and financial goals.
JEPI (JPMorgan Equity Premium Income ETF) is an actively managed ETF operated by JPMorgan that aims for stable monthly dividends along with high returns. Launched in May 2020, this ETF uses the S&P 500 index as its benchmark and achieves high dividend yields through a covered call strategy.