What’s the deal with schd, Dgro, Jepi, jepq
6/10/2024 10:51pm
Here is some information about the mentioned ETFs:
1. **SCHD - Schwab U.S. Dividend Equity ETF**:
- **Overview**: SCHD is a low-cost ETF that offers potential tax-efficiency and is designed to track the performance of the Dow Jones U.S. Dividend 100 Index.
- **Recent Performance**: As of June 7, 2024, SCHD had a closing price of $77.89, representing a decrease of 0.19% or $0.15 per share.
- **Dividend Focus**: The ETF focuses on dividend-paying stocks, which may underperform non-dividend stocks or funds that do not limit their investment to dividend-paying stocks.
2. **DGRO - iShares Core Dividend Growth ETF**:
- **Overview**: DGRO seeks to track the performance of the Morningstar® U.S. Dividend Growth Index and invests in U.S. equities with a history of consistently growing dividends.
- **Recent Performance**: As of May 20, 2024, DGRO had a closing price of $57.49, representing an increase of 0.08% or $0.05 per share.
- **ESG Considerations**: DGRO incorporates environmental, social, and governance (ESG) factors into its investment process, which may appeal to investors looking for socially responsible investments.
3. **JEPI - JPMorgan Equity Premium Income ETF**:
- **Overview**: JEPI seeks to deliver monthly distributable income and exposure to the equity market with less volatility.
- **Recent Performance**: As of May 12, 2024, JEPI had a closing price of $77.79, with a bid/ask spread of $77.79 to $77.89 and a day range of $77.66 to $77.89.
- **Unique Features**: JEPI uses options-selling strategies to generate income, which can provide a hedge against volatility and potentially enhance returns during market downturns.
4. **JEPQ - JPMorgan Equity Premium Income ETF**:
- **Overview**: JEPQ is a newly created ETF that seeks to deliver monthly distributable income and exposure to the Nasdaq 100 index with less volatility.
- **Recent Performance**: As of May 12, 2024, JEPQ had a closing price of $77.89, with a bid/ask spread of $77.79 to $77.89 and a day range of $77.66 to $77.89.
- **Nasdaq 100 Exposure