Three covered-call ETFs—JEPI, GPIX, and JEPQ—went ex-dividend on October 1, 2026, showing different income payouts on a $100,000 investment. JEPI, known for its defensive portfolio, paid $608.56 but cut its dividend from September. GPIX held steady at $711.12, while JEPQ, focused on tech-heavy Nasdaq stocks, paid the highest at $929.60 despite a dividend cut. The differences reflect underlying holdings and market volatility, with JEPQ offering higher income but more risk. Investors should consider their risk tolerance and portfolio fit before switching funds, especially given current Treasury yields and the monthly reset of dividends.
JEPI trades at USD 56.10 with a 1-day gain of 0.92% on Pluang as of October 4, 2026. JEPQ is priced higher at USD 61.04 and shows a stronger 1-day increase of 1.32%, reflecting its tech-heavy focus. Both ETFs have substantial market caps near $45 billion, indicating significant investor interest despite recent dividend adjustments.
