JEPI – JPMorgan Equity Premium Income ETF Explainer

The Federal Reserve has been raising rates at a sharp pace since March of 2022 breathing new life into bonds. Historically, bonds have generally underperformed stocks, but new interest rates are providing easy returns in the form of treasuries, bonds, money market funds, certificates of deposits, and savings accounts. But after the surge in options trading, with the Options Clearing Corporation reporting options trade volume more than doubling from 2019 to 2021, and remaining strong through 2022, some traders and investors might not be ready to settle for fixed income just yet. Hence, the chatter on Reddit/Twitter/Facebook regarding J.P. Morgan‘s premium income ETF (JEPI). So how is JEPI different from popular index ETFs?