Mike PhilbrickJPMorgan Nasdaq Equity Premium Income ETFJEPQWATCHNov 06, 2026

JEPI captures the total S%P using an options strategy to deliver extra yield. JEPQ does the same with the Nasdaq. This strategy has underperformed a little. He prefers the Innovator ETFs, though there's nothing wrong with JEPI or JEPQ. Right now, you will get only some downside protection in either.

Extreme focus in the tech world. He'd be concerned to have this type of concentration risk in a retirement fund, you want to be more diversified. Look at the HPYT, which has a lot less beta. It would be fine as a piece, but not 50%, of a portfolio. Yield is 10-12%.

It's a defensive way to play the QQQs. Pays a 10% premium yield.

Covered call product. Income from selling calls is considered a capital gain. Reduce volatility, but won't get as much capital growth. Good for slightly defensive investors who like income. 

This is the best way to play AI and it's defensive.

A defensive way to own the world's best companies. They sell covered calls on the QQQs with an 11% call premium.