From 24/7 Wall St. · Ryne Mauck · · 1m 10s
BlackRock's DVY Outperforms JEPI in Five-Year Returns
BlackRock's DVY returned 58.53% over five years vs JEPI's 43.22%.
In brief
BlackRock's DVY returned 58.53% over five years vs JEPI's 43.22%. BlackRock's iShares Select Dividend ETF (DVY) outperformed JPMorgan's Equity Premium Income ETF (JEPI) with 58.53% vs 43.22% total returns over five years. Originally reported by 24/7 Wall St..
Five-Year Returns Comparison
BlackRock's DVY returned 58.53% over five years, compared with JEPI's 43.22%.
Retirees Prefer JEPI for Income
JEPI delivers larger monthly distributions, generating $7,992.10 on $100,000 versus DVY's $3,390.39.
DVY Outperforms in Recent Periods
DVY returned 17.83% over the past year versus JEPI's 9.23%, and 15.71% year-to-date versus JEPI's 6.36%.
JEPI's Income Strategy
JEPI generates income through selling options and investing in U.S. large-cap stocks, with monthly distributions of $0.34134 per share.
DVY's Dividend Strategy
DVY tracks high dividend-yielding U.S. stocks with quarterly distributions, producing $3,390.39 on $100,000 over twelve months.
Tax Implications of Switching
Switching from JEPI to DVY in a taxable account triggers capital gains tax, while IRAs and 401(k)s avoid immediate tax.
Key Limitation of Comparison
JEPI's price history begins May 21, 2020, so no ten-year comparison exists between these funds.
The essence
BlackRock's iShares Select Dividend ETF (DVY) outperformed JPMorgan's Equity Premium Income ETF (JEPI) with 58.53% vs 43.22% total returns over five years.
