This ETF enables you to generate income while cashing in on the Nasdaq 100’s upside.
The Nasdaq-100 has delivered superior performance over the years. The index features the top 100 non-financial stocks listed on the Nasdaq exchange. It has delivered a 17.8% annualized total return over the last decade, significantly outperforming the S&P 500’s 10.8% annualized total return.
The index does have some drawbacks, as it’s more tech-heavy and tends to be more volatile. However, investors can cash in on its volatility, and upside potential, through a unique exchange-traded fund (ETF): JPMorgan Nasdaq Equity Premium Income ETF (JEPQ -0.11%). It could potentially turn a $1,000 investment into a load of passive income while also growing in value.
A dual strategy to deliver on its ambitious mandate
The JPMorgan Nasdaq Equity Premium Income ETF has a rather bold objective. It aims to deliver…
