Spyi vs jepi. What are the benefits of having either in my portfolio? How would I allocate 50k among the two funds for maximum growth and dividends?

The JPMorgan Equity Premium Income ETF (JEPI) and the Neos S&P 500 High Income ETF (SPYI) are both well-diversified high-yield funds that pay attractive monthly dividends to investors. However, they differ in terms of their investment strategies and fees. Here are the benefits of having either in your portfolio and how you could allocate $50,000 among the two funds for maximum growth and dividends:JEPI: 1. Efficiency: JEPI charges a lower fee (0.35%) compared to SPYI (0.68%), making it more cost-effective.2. Active Management: JEPI is an actively-managed fund that combines a portfolio of primarily large-cap stocks designed to have lower volatility than the S&P 500.3. Dividends: JEPI offers attractive monthly dividends.SPYI: 1. Similarity to JEPQ: SPYI is more similar to JEPQ in terms of holdings and performance. Since last October when SPYI launched, JEPQ has had better growth and larger assets.2. High Yield: SPYI has a higher yield compared to JEPI, making it a good option for investors seeking higher returns.3. Passive Income Machine: SPYI is considered a passive income machine, which means it can be a great and easy way to generate passive income.Allocation: For maximum growth and dividends, you could consider allocating a larger portion of your $50,000 to SPYI due to its higher yield. However, you should also consider the efficiency of JEPI and its active management strategy. Here's an example allocation:1. SPYI: $30,000 (60%): Take advantage of its high yield and potential for passive income.2. JEPI: $20,000 (40%): Allocate a portion to its lower fee and active management strategy for potential long-term growth.Remember to review the performance and fees of both funds regularly and adjust your allocation as needed.