I would love to see an update on DIVO from you! I’m about to hit the buy button on 500 shares…I’ve held it for 3 years and I’ve been super happy with its performance!
I held DIVO before. I ended up selling it and bought SCHD. I wanted a dividend growth fund which DIVO is marketed as but the dividend has been flat for nearly 2 years and will certainly even decrease this year.
Hey Chris. It has not see much growth yet. However, I don't see many dividend cuts coming from that basket of stocks this year... but that could change! I do like SCHD. Can't go wrong.
JEPI Has been my BIG winner by far this year. JEPQ has been my second. I also own DIVO and QYLD which are both performing well since I bought them at their lows. Good VID Dr. Dave
Hey Dave. Sounds like you are rooted in this space. I'm still checking out JEPQ. Glad to hear you picked them up at the lows... can we stay off those lows? Or do we get to buy more at new lows?
I have been buying small positions of all three funds over a full year. I agree with your assessment Jepi being # 1 Divo # 2 Qyld some were at the end. Thanks for video.
Hey Felix. Thanks for the feedback. I think that is a good mix. For those wanting income from these types of funds, finding several that you like is a smart idea in my opinion.
Bro this is a solid channel. I respect your input. I'm a fan of DIVO in my overall portfolio mix on M1 Finance. I'm 30 and have a gameplan for my exposure. Looking for cash flow to pay my rent/mortage automatically and increase my savings rate during my working years. - 401k is boglehead index funds ($100k) - Roth IRA is 25% each of DGRO, SCHD, VIGI, 15% VGT, 10% Costco lol ($70k) - Taxable Fixed Income quadfecta 25% each of XYLD, RYLD, JEPI, DIVO. Once this hits $1,000/month, I'll cap my exposure ($20k) - Taxable portfolio of 50% each DIVO and JEPI ($10k) - Taxable portfolio of 50% each DGRO and SCHD ($20k)
Hey Kenny. Thanks for watching! Love that you have a plan. I think that automatically puts you ahead of most. Plus being only 30... an early start makes all the difference. Keep it up!
Hmmm... All are decent funds. I like SCHD if you don't want the income at this time. Same with DIVO over JEPQ. The nice thing about JEPQ is it gives you some exposure to the Nasdaq.
So I’m late to the investing game..Life happens. Im 47, finally making a good living, and have 150K in the market now. I started a dividend portfolio through M1 (have my ROth and 401K through Fidelity) and am looking to retire in 15 years. I hoping to get to 50K year in dividends. I put 1K into my M1 account per month and have a pie that is just “income”, BST, DIVO, JEPI, JEPQ, and XYLD. I have 30 other dividend stocks as well. Overall dividend yield on my portfolio is 3.5%. I like these “income” ETFs and hope to supplement my retirement with them. If I was younger, say 37, or 40, I would not be in them. But I like what they do, and offer at this point as Im late to the game and don’t have 30 years to let compounding work for me.
Hey! Thanks for sharing. We are close in age. You still have time and flexibility in my opinion. Bulk of my investments are in solid stocks and ETFs with a small portion in items such as income ETFs. I have an account where I focus on income using options. I continue to grow that account but I plan on keeping those long term stocks and ETFs in place for many years. The income portion will grow with time!
I reviewed JEPY when it first came out: ua-cam.com/video/Eczt901Q3y8/v-deo.html I'm talking to someone next week at Defiance so should have an update soon.
Love the videos. Could you do BST? Would like to hear your input, currently own some in my HSA. Nothing better than an income ETF paying your medical bills.
I believe that BST's distribution is considered a qualified dividend (correct me if I'm wrong) so it doesn't make sense to hold it in a "tax free" account. It would be better to hold BST in a taxable and JEPI in the HSA.
I was introduced to JEPI by your video probably close to a year ago but waited until it was in the upper 50’s to buy about 1% of my portfolio in it. I definitely like the product and will slowly add more
That is one of the drawbacks of some 401K programs. They want to block you from some investments and direct you toward products that pay them fees. If you have an IRA that would be an option.
@@wealthadventures My Fidelity IRA lets me buy anything. However, I'm not adding any money to that account. Perhaps I will manually drip dividends into DIVO...
This may be a lengthy answer. Why is it that DIVO has growth and JEPQ/JEPI does not? You have mentioned that these covered calls etfs do not have growth and if you want to build wealth if you are young these income etfs are not for you. Why would Divo grow but JEPQ would not? Just curious how they are different. Does jepq pay out all of their gains and DIVo reinvests them? Sorry if this would involve too much of your time. Disregard if the answer is too complicated. Thanks in advance
Hi Alex. DIVO is selective on the stocks they sell calls against each month within the portfolio and they do not sell calls against the whole portfolio. This allows for growth in most of the portfolio while still providing some income from the call options. JEPI and JEPQ will also allow for some growth but the ELNs are leveraged and can eat into that growth.
Even if QYLD dropped way more than DIVO, if you have DRIP going doesn't that just mean I'd buy even more shares of QYLD? And then compounding even more cash each month?
Hi. DIVO total return is way out in front of QYLD over most periods. I would have to look at dividend reinvestment to see a precise comparison. However, as QYLD loses value you will likely see a drop in dividend yield as well.
@@wealthadventures Thank you for your reply, this is very helpful. Do you like JEPI or DIVO more? That's my final debate I've been having lol. I already have a big holding in SCHD.
@@CardsHound If you want to put some money in covered call ETFs, those are my 2 picks. I own both. DIVO operates more like I manage my own portfolio - Selling selectively on positions. JEPI uses ELNs that are hard to dissect. They state that they sell OTM calls and the managers have, so far, done well.
@@wealthadventures I appreciate all the info! I put DIVO into my Roth and JEPI in my taxable. I also started a position in SVOL so we will see how that goes! My other major holding is SCHD
Hey Jack. It is a decent income ETF in my opinion. I will do a review soon. The collar strategy was a bit of a disappointment when it was needed for the first half of this year. I like that it provides for some upside by selling OTM calls.
DGRO has not done well the past year. Look at the payouts and other metrics. I think the big problem is too many holdings. Over 400, If DGRO took a more tactical approach like SCHD., around 100 holdings, I think it would perform better. With 400+, its over diversified and hurting its CAGR.
So glad you got the band on there. I was playing the search bar game on my all and came across DIVO.
Thanks, I am in SCHD, JEPI, DIVO... Nice channel
I would love to see an update on DIVO from you! I’m about to hit the buy button on 500 shares…I’ve held it for 3 years and I’ve been super happy with its performance!
They have been doing a good job with it. I'll try and do an update soon. I still buy shares routinely.
I held DIVO before. I ended up selling it and bought SCHD. I wanted a dividend growth fund which DIVO is marketed as but the dividend has been flat for nearly 2 years and will certainly even decrease this year.
Hey Chris. It has not see much growth yet. However, I don't see many dividend cuts coming from that basket of stocks this year... but that could change! I do like SCHD. Can't go wrong.
JEPI Has been my BIG winner by far this year. JEPQ has been my second. I also own DIVO and QYLD which are both performing well since I bought them at their lows. Good VID Dr. Dave
Hey Dave. Sounds like you are rooted in this space. I'm still checking out JEPQ. Glad to hear you picked them up at the lows... can we stay off those lows? Or do we get to buy more at new lows?
@@wealthadventures - We are going back down but it will be a great time to buy !.
I like it. I just invested in DIVO and I'm glad we are on the same page
Looks solid to me! Good luck with it.
@@wealthadventures you too.
I have been buying small positions of all three funds over a full year. I agree with your assessment Jepi being # 1 Divo # 2 Qyld some were at the end. Thanks for video.
Hey Felix. Thanks for the feedback. I think that is a good mix. For those wanting income from these types of funds, finding several that you like is a smart idea in my opinion.
Bro this is a solid channel. I respect your input. I'm a fan of DIVO in my overall portfolio mix on M1 Finance. I'm 30 and have a gameplan for my exposure. Looking for cash flow to pay my rent/mortage automatically and increase my savings rate during my working years.
- 401k is boglehead index funds ($100k)
- Roth IRA is 25% each of DGRO, SCHD, VIGI, 15% VGT, 10% Costco lol ($70k)
- Taxable Fixed Income quadfecta 25% each of XYLD, RYLD, JEPI, DIVO. Once this hits $1,000/month, I'll cap my exposure ($20k)
- Taxable portfolio of 50% each DIVO and JEPI ($10k)
- Taxable portfolio of 50% each DGRO and SCHD ($20k)
Hey Kenny. Thanks for watching! Love that you have a plan. I think that automatically puts you ahead of most. Plus being only 30... an early start makes all the difference. Keep it up!
What's taxable fixed income? How many shares u got of jepi? What u think best ones to get
Would like to hear your thoughts on Global Ex funds XYLD and RYLD, especially with respect to their value loss over time vs. QYLD.
Hello! I sure will. As I mentioned, not my favorite in this arena but they can perform in certain markets.
Amazing info! Thank you very much Dave for all that hard work you put into it!!👍👍
Thanks again! Canadians are so nice. Lol.
DIVO is my favorite. Great job on covering it.
Thanks Richard. I do like the fund.
I love the DEVO reference! Have you looked at any of the Money Market ETFs like TFLO or WMFXX?
Hi. I have a lot of cash sitting in money market accounts at the moment. Nice "risk free" return at the moment.
Thanks again Dave. I hope you're not kidding about one day creating your own ETF!
Hey Jeff. I think we just need to pull together around 3 million for starters. I will check the sofa cushions!😁
@@wealthadventures I'll get on my inversion table and see what shakes out! I'm in for 3% regardless :)
@@CGroovy1975 Ha! Deal.👍
I have 20 years to invest in an ETF before I retire. What would you recommend? JEPQ and SCHD?
Or JEPQ and DIVO?
Hmmm... All are decent funds. I like SCHD if you don't want the income at this time. Same with DIVO over JEPQ. The nice thing about JEPQ is it gives you some exposure to the Nasdaq.
@ I want long term and also dividends now so I can reinvest, maybe I can figure out a way to invest in all 3!
So I’m late to the investing game..Life happens. Im 47, finally making a good living, and have 150K in the market now. I started a dividend portfolio through M1 (have my ROth and 401K through Fidelity) and am looking to retire in 15 years. I hoping to get to 50K year in dividends. I put 1K into my M1 account per month and have a pie that is just “income”, BST, DIVO, JEPI, JEPQ, and XYLD. I have 30 other dividend stocks as well. Overall dividend yield on my portfolio is 3.5%. I like these “income” ETFs and hope to supplement my retirement with them. If I was younger, say 37, or 40, I would not be in them. But I like what they do, and offer at this point as Im late to the game and don’t have 30 years to let compounding work for me.
Hey! Thanks for sharing. We are close in age. You still have time and flexibility in my opinion. Bulk of my investments are in solid stocks and ETFs with a small portion in items such as income ETFs. I have an account where I focus on income using options. I continue to grow that account but I plan on keeping those long term stocks and ETFs in place for many years. The income portion will grow with time!
What do you think of QQQY, JEPY, and IWMY income etfs from Defiance?
I reviewed JEPY when it first came out:
ua-cam.com/video/Eczt901Q3y8/v-deo.html
I'm talking to someone next week at Defiance so should have an update soon.
Love the videos. Could you do BST? Would like to hear your input, currently own some in my HSA. Nothing better than an income ETF paying your medical bills.
Hi Ryan. I'll take a look! Income ETF inside an HSA sounds like a nice combo.👍
I believe that BST's distribution is considered a qualified dividend (correct me if I'm wrong) so it doesn't make sense to hold it in a "tax free" account. It would be better to hold BST in a taxable and JEPI in the HSA.
Thanks for these videos. :)
Welcome! Thanks for watching.
I was introduced to JEPI by your video probably close to a year ago but waited until it was in the upper 50’s to buy about 1% of my portfolio in it. I definitely like the product and will slowly add more
Hey! Still my favorite. Same here... good place to stash some cash. Thanks for watching!
It really pays monthly too?
@@Eastbaypisces yes monthly payout
Can you do a review on SVOL? Huge dividends yields and probably riskier covered calls options ETF.
I will take a look. On the surface, it looks pretty wild. Short the VIX and buy VIX calls for protection... I will have to think about this one!
@@wealthadventures That is exactly what I thought. Covered calls options are getting risker and crazier just to get high yields.
Taking it to the next level, you can sell puts and calls against DIVO, too.
Hey Kurt. Makes my head hurt thinking about it! Selling calls against my calls...🤔
I was going to buy DIVO in my 401k with Merrill. Unfortunately DIVO is blocked from trading in that account
That is one of the drawbacks of some 401K programs. They want to block you from some investments and direct you toward products that pay them fees. If you have an IRA that would be an option.
@@wealthadventures My Fidelity IRA lets me buy anything. However, I'm not adding any money to that account. Perhaps I will manually drip dividends into DIVO...
Thanks for the video, as usual, good NEW stuff (for me). Important question: is that you playing the sax??
Hey Greg. That is my son. I have no musical ability to share!
@@wealthadventures i LOVE IT,, GOOD STUFF!!
I noticed all the major income etfs are not on etoro. Any tips on which ones are worth getting on that site?
Nope. Never tried Etoro.
This may be a lengthy answer. Why is it that DIVO has growth and JEPQ/JEPI does not? You have mentioned that these covered calls etfs do not have growth and if you want to build wealth if you are young these income etfs are not for you. Why would Divo grow but JEPQ would not? Just curious how they are different. Does jepq pay out all of their gains and DIVo reinvests them? Sorry if this would involve too much of your time. Disregard if the answer is too complicated. Thanks in advance
Hi Alex. DIVO is selective on the stocks they sell calls against each month within the portfolio and they do not sell calls against the whole portfolio. This allows for growth in most of the portfolio while still providing some income from the call options. JEPI and JEPQ will also allow for some growth but the ELNs are leveraged and can eat into that growth.
@@wealthadventures thanks very much. Appreciate your time
Even if QYLD dropped way more than DIVO, if you have DRIP going doesn't that just mean I'd buy even more shares of QYLD? And then compounding even more cash each month?
Hi. DIVO total return is way out in front of QYLD over most periods. I would have to look at dividend reinvestment to see a precise comparison. However, as QYLD loses value you will likely see a drop in dividend yield as well.
@@wealthadventures Thank you for your reply, this is very helpful. Do you like JEPI or DIVO more? That's my final debate I've been having lol. I already have a big holding in SCHD.
@@CardsHound If you want to put some money in covered call ETFs, those are my 2 picks. I own both. DIVO operates more like I manage my own portfolio - Selling selectively on positions. JEPI uses ELNs that are hard to dissect. They state that they sell OTM calls and the managers have, so far, done well.
@@wealthadventures I appreciate all the info! I put DIVO into my Roth and JEPI in my taxable. I also started a position in SVOL so we will see how that goes! My other major holding is SCHD
Where does nusi fit on your list? Thanks
Hey Jack. It is a decent income ETF in my opinion. I will do a review soon. The collar strategy was a bit of a disappointment when it was needed for the first half of this year. I like that it provides for some upside by selling OTM calls.
Great video! My favorite div ETF is DGRO. Best one in my opinion and the one I invest in. What do you think?
Hello! DGRO looks like a solid dividend growth ETF. Lots of high quality stocks and a low expense ratio.
DGRO has not done well the past year. Look at the payouts and other metrics. I think the big problem is too many holdings. Over 400, If DGRO took a more tactical approach like SCHD., around 100 holdings, I think it would perform better. With 400+, its over diversified and hurting its CAGR.
@@camai75 thanks for the info!
What do you think of DIVO and JEPI now in April 2023?
Still a fan as a portion of a portfolio. I don't see us going anywhere fast so collecting some income by writing calls makes sense to me.
Is ok to put cover calls in a Roth IRA?
Hello! Yes. A ROTH can be setup so that you can trade options.
What about xyld and jepq.
Hey Phil. I will add them to the list! Thanks!
Great video, how about XYLG, take a look
Thanks! I will take a look at XYLG👍
Unless...... If doesn't affects as the capital gains........ financially freedom .....
XYLG and BST
Hello! Will do. Thanks!
Qyld and Ryld are the same?
Hi. The underlying strategy is the same but they are based on the Nasdaq vs the Russell.
JEPI is way better in my humble opinion.
I still have it as my number 1 but I do like the setup for DIVO as well. Thanks for watching!
How come?
Check out DIVZ. Better downside protection with no options. Actively managed by two former ex-PIMCO PMs.
Will do. Thanks for the tip!
Xyld is better than qyld
Hi Omar. Why do you prefer XYLD over QYLD? Thanks for watching.
@@wealthadventures I think that xyld loses less money over time what do you think??
@@Omar-nr8fm QYLD would have more volatility. Since they both sell ATM calls, QYLD should realize larger premiums but also larger swings in the index.
Whip it good
😀
QYLD's performance since 2020 has been rubbish!
Jepq
Hi Ray. Yes! On the list.
Own all 3 inside a roth ira and have 27 years till I retire
Hey Oliver. Sounds like a plan! Lots of time on your side.