Hello! SCHD and JEPI ETFs are two exchange-traded funds (ETFs) that are designed to provide investors with exposure to the stock market. SCHD is an ETF that tracks the Dow Jones U.S. Dividend 100 Index, which is composed of 100 of the highest dividend-paying stocks in the U.S. JEPI is an ETF that tracks the JPMorgan Equity Premium Income Index, which is composed of stocks from developed markets around the world that have attractive dividend yields and low volatility.
Both ETFs offer investors a way to diversify their portfolios and gain exposure to different types of stocks without having to purchase individual stocks or mutual funds. They also provide investors with a cost-effective way to invest in a broad range of stocks without having to pay high management fees or commissions associated with actively managed funds.
SCHD has an expense ratio of 0.07%, which is lower than many other ETFs, and it has a yield of 3%. JEPI has an expense ratio of 0.35%, which is higher than many other ETFs, but it has a yield of 5%. Both ETFs have performed well over time, with SCHD returning 8% over the past year and JEPI returning 10%.
Overall, both SCHD and JEPI are good options for investors looking for exposure to different types of stocks without having to pay high management fees or commissions associated with actively managed funds. They both offer diversification benefits and have performed well over time, so they can be good additions to any portfolio.