Articles written by Austin Hankwitz - Benzinga

My $100,000 Dividend Portfolio Decision — JEPI, SPYI, Or XYLD

Predictable Portfolio Income During Unpredictable Times: My Favorite High-Income ETF That Pays Me Every Single Month

JEPI: Do Not Make The Same Mistake Two Years In A Row, Buy This Covered Call ETF Instead

Introduction 2023 was a year that took many by surprise, including myself.

QQQI: The Undiscovered Nasdaq-100 Covered Call ETF You've Been Looking For (14.4% Distribution Yield)

A few months ago, I analyzed the total performance of the three most popular S&P 500 covered call ETFs in 2023: the JPMorgan Equity Premium Income ETF (ARCA: JEPI), the GlobalX S&P500 Covered Call ETF (ARCA: XYLD), and the NEOS S&P 500 High Income ETF (BATS: SPYI).

BNDI: 2024's Hidden Gem Bond ETF That Produces 2% Additional Income While Maintaining A Similar Risk Profile

Let's Rewind 2022 and 2023 were hectic - war, bank crises, and bear markets. Inflation was still running rampant - with the core PCE having just peaked at +6.4% in February 2022. These consistent out-of-control inflation reports caused the Federal Reserve to take action by doing the only thing they know how to do - raise interest rates.

JEPI: No Longer An Income-Focused Investor's Only Holdings, It's Time To Play Offense

The JPMorgan Equity Premium Income ETF (ARCA: JEPI) provides their investors with consistent monthly income and lower volatility. During times of immense bullishness, JEPI fails to capture even a fraction of total return against their benchmark index.

SPYI: The New High-Income ETF That Is Outperforming Both JEPI And XYLD Thus Far In 2023

It’s been six months since I first began researching the NEOS S&P 500 High Income ETF (BATS: SPYI) — continuously benchmarking its performance against the JPMorgan Equity Premium ETF (ARCA: JEPI).

CSHI: The Options-Based Cash Alternative Everyone Needs To Know About Right Now

TL;DR The NEOS Enhanched Income Cash Alternative ETF (ARCA: CSHI) seeks to generate monthly income in a tax-efficient manner. The put option strategy allows them to distribute ~1.5% in additional yield while offering a favorable risk-to-reward ratio to investors.