Defiance S&P 500 Enhanced Options Income ETF
JEPY

$43.73

0.44%

Market Cap: $96.2M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

4.46% less ownership

Funds ownership: 6.69% [Q1] → 2.23% (-4.46%) [Q2]

20% less funds holding

Funds holding: 15 [Q1] → 12 (-3) [Q2]

40% less repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 5

50% less first-time investments, than exits

New positions opened: 3 | Existing positions closed: 6

71% less capital invested

Capital invested by funds: $9.15M [Q1] → $2.65M (-$6.5M) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for JEPY.

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Financial journalist opinion

Based on 3 articles about JEPY published over the past 30 days

Tidal Financial Group Announces Name Changes and Enhanced Options Strategies for Defiance ETFs

NEW YORK, Sept. 11, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group is pleased to announce upcoming changes effective September 26, 2024, to enhance the offerings of three Defiance ETFs:

Tidal Financial Group Announces Name Changes and Enhanced Options Strategies for Defiance ETFs

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%).

Defiance ETFs Announces Monthly Distributions on $QQQY (105.45%), $JEPY (72.04%), $IWMY (110.96%), $SPYT (20.12%), $USOY (75.17%), and $QQQT (20.06%)

JEPY: A Generous Yield Offset By Continued Downside Risk

Defiance S&P 500 Enhanced Option ETF offers a high dividend yield of about 42% through the use of an at-the-money option strategy. JEPY's price stability is questionable due to its flawed fund strategy, leading to a continual decrease in share price over time. The stock already experienced a 1:3 stock split. Alternative funds with out-of-the-money option strategies may offer better long-term performance and price stability compared to JEPY.

JEPY: A Generous Yield Offset By Continued Downside Risk

Defiance Announces 1-for-3 Reverse Stock Split of QQQY, JEPY, and IWMY ETFs

CHICAGO and MILWAUKEE and NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- Tidal Financial Group announced today that the Board of Trustees of Tidal Trust II has approved a one-for-three (1-for-3) reverse split of the Defiance QQQY, JEPY, and IWMY ETFs.

Defiance Announces 1-for-3 Reverse Stock Split of QQQY, JEPY, and IWMY ETFs

Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).

MIAMI, June 28, 2024 (GLOBE NEWSWIRE) -- Defiance ETFs, a leader in thematic and income ETFs, is proud to announce monthly distributions for the QQQY - Defiance Nasdaq-100 Enhanced Options Income ETF, JEPY - Defiance S&P 500 Enhanced Options Income ETF, IWMY – Defiance R2000 Enhanced Options Income ETF, TRES – Defiance Treasury Alternative Yield ETF, SPYT – Defiance S&P 500 Target Income ETF, USOY – Defiance Oil Enhanced Options Income ETF, QQQT – Defiance Nasdaq 100 Income Target ETF. Distribution as of 06/28/2024 ETF Ticker Distribution per Share Distribution Rate * Ex-Date Record Date Payment Date QQQY $0.6573 52.55% 07/01/2024 07/01/2024 07/02/2024 JEPY $0.4619 33.76% 07/01/2024 07/01/2024 07/02/2024 IWMY $0.6983 57.99% 07/01/2024 07/01/2024 07/02/2024 TRES $0.1500 10.58% 07/01/2024 07/01/2024 07/02/2024 SPYT $0.3369 20.00% 07/01/2024 07/01/2024 07/02/2024 USOY $1.2365 75.00% 07/01/2024 07/01/2024 07/02/2024 QQQT –– –– –– –– –– As of 05/31/2024 the 30 Day SEC yield** for QQQY is 4.22%, JEPY is 4.21%, IWMY is 4.35%, TRES is 4.70%, SPYT is 0.61%, and QQQT is ––.

Defiance ETFs Announces Monthly Distributions on $QQQY (52.55%), $JEPY (33.76%), $IWMY (57.99%), $TRES (10.58%), $SPYT (20.00%), $USOY (75.00%), and QQQT (––).

3 Reasons I Prefer JEPI To JEPY

JEPY is a relatively new fund with a strategy quite similar to those of covered call ETFs. It offers investors a massive, unsustainable 55.4% distribution yield. Share prices will almost certainly decline long-term, as they have since inception. I believe JEPI to be a stronger, more balanced, sustainable choice.

3 Reasons I Prefer JEPI To JEPY

84 Monthly Paid Dividend Stocks And 80 Funds For April

Imagine stocks & funds that pay dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is alleviated by 300%, or more! These April U.S. exchange-traded monthly paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (84); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs. Equities; 4. Fund risks/rewards. All per prices as of 4/24/24.

84 Monthly Paid Dividend Stocks And 80 Funds For April

82 Monthly Paid Dividend Stocks And 80 Funds For March

Imagine stocks or funds that pay-out their dividends monthly! Unlike waiting for quarterly, semi-annual, or (ugh) annual payouts, your angst awaiting money is reduced by 300%, or more! These March U.S. exchange-traded monthly-paid (MoPay) dividends, upsides, and net-gains include: 1. Stocks by-yield (82); 2. Stocks by price-upside (30); 3. Closed-End-Investments, Exchange-Traded-Funds & Notes (CEICs/ETFs/ETNs) by-yield >10.4% (80). Items: 1. Top MoPay stock gains; 2. Overall best MoPay gainers; 3. Funds vs.Equities; 4. Fund risks/rewards. All per prices as of 3/18/24.

82 Monthly Paid Dividend Stocks And 80 Funds For March

JEPY: Muted 0DTE Implied Volatility, Big Yield, Not Yet Tested

Zero-days-to-expiration options now make up nearly half of the overall volume in the options market. Defiance S&P 500 Enhanced Options Income ETF aims to take advantage of the put side of the 0DTE market by writing in-the-money put options on the SPX. JEPY has underperformed the S&P 500 Total Return Index since its inception, and its yield is not comparable to traditional equity ETFs.

JEPY: Muted 0DTE Implied Volatility, Big Yield, Not Yet Tested

JEPY: This Is Not The JEPI You Are Looking For

JEPY is a relatively new fund designed to generate high income from options. The fund's distribution yield is over 40%. We look at how the fund generates income and whether you should put your dollars into this.

JEPY: This Is Not The JEPI You Are Looking For

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