This page has not been authorized, sponsored, or otherwise approved or endorsed by the companies represented herein. Each of the company logos represented herein are trademarks of Microsoft Corporation; Dow Jones & Company; Nasdaq, Inc.; Forbes Media, LLC; Investor's Business Daily, Inc.; and Morningstar, Inc.
Copyright 2024 Zacks Investment Research | 10 S Riverside Plaza Suite #1600 | Chicago, IL 60606
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1988 it has more than doubled the S&P 500 with an average gain of +24.20% per year. These returns cover a period from January 1, 1988 through April 1, 2024. Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. Zacks may license the Zacks Mutual Fund rating provided herein to third parties, including but not limited to the issuer.
Visit Performance Disclosure for information about the performance numbers displayed above.
Visit www.zacksdata.com to get our data and content for your mobile app or website.
Real time prices by BATS. Delayed quotes by Sungard.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
2022 been a very challenging year for income-hungry investors who earlier relied on bonds. Some ETFs that use options to hedge against market losses and pay juicy dividends have been quite popular with investors.
The JPMorgan Equity Premium Income ETF (JEPI - Free Report) aims to construct a diversified, low volatility portfolio of about 125 stocks. It generates additional income by writing out-of-the-money S&P 500 Index call options.
The actively managed ETF currently has an attractive 12-month rolling dividend yield of about 10%. Exxon Mobil (XOM - Free Report) AbbVie (ABBV - Free Report) are among its top holdings.
The Amplify CWP Enhanced Dividend Income ETF (DIVO - Free Report) also aims to provide high income from both dividends and covered calls. Its managers pick about 25 high-quality large-cap companies with a history of dividend growth, and then write covered calls on individual stocks for extra income.
DIVO’s current distribution rate is close to 5%. UnitedHealth Group (UNH - Free Report) and McDonald's (MCD - Free Report) are its top holdings.
Both these products have significantly outperformed the broader market this year and taken in a lot of cash. To learn more about these ETFs, please watch the short video above.
Want key ETF info delivered straight to your inbox?
Zacks’ free Fund Newsletter will brief you on top news and analysis, as well as top-performing ETFs, each week.
Get it free >>
Get the latest research report on UNH - FREE
Get the latest research report on XOM - FREE
Get the latest research report on MCD - FREE
Get the latest research report on ABBV - FREE
Get the latest research report on DIVO - FREE
Get the latest research report on JEPI - FREE