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April 9, 2025

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Popular boomer candy ETFs like the JPMorgan Equity Premium Income ETF (JEPI) are in the spotlight this year as the stock market goes through turmoil. Most stocks have crashed, with the S&P 500 index nearing a bear market, where an asset tumbles by 20% from a local top. This article explores why the JEP ETF is beating popular S&P 500 funds like SPY and VOO.

What is the JEP ETF?

JEPI is a popular exchange-traded fund that aims to provide regular dividend payouts to investors and expose them to quality blue-chip companies.

It uses a relatively simple approach that other covered call ETFs like JEPQ and SPYI have now emulated. 

The fund invests in a group of quality blue-chip companies like Apple, Microsoft, NVDIA, and JPMorgan. 

It then uses a portion of its assets to sell call options on the S&P 500 index. A call option is a trade that gives an investor a right, but not the obligation, to buy an asset at a certain time, popularly known as the expiry period. 

The expiry period is the period when an option ends, and the trade becomes worthless if not executed. When it does this, the fund receives a premium, which is the price that the buyer pays to the seller of the call option to acquire he contract. This premium is usually quoted per share. 

The JEPI ETF makes money in three main ways. First, it benefits when the underlying stocks rise. Second, it receives the premium payment, which it then distributes to its investors through a monthly dividend. Third, it receives the dividend payouts from the underlying companies.

JEPI’s structure means that it always pays a higher dividend than the S&P 500 index. With the stock now sharply lower, its dividend yield has jumped to 8.34%, which is a good number. This means its investors receive monthly payments to offset the ETF’s crash. 

Is JEPI ETF beating the VOO and SPY ETFs this year?

JEPI vs S&P 500 total return in 2025

Covered call ETFs have attracted scrutiny in Wall Street over the years. One argument is that they constantly underperform the benchmark indices like the S&P 500 and Nasdaq 100 indices over time. 

Historically, JEPI has always underperformed the S&P 500 index regarding its price return. It has crashed by over 17% in the last three years, while the VOO ETF has jumped by almost 11% in the same period.

However, the spread narrows a bit when you look at the total return, including the monthly dividend checks. In this case, the S&P 500 index has risen by 11%, while the JEPI fund has jumped by 7.8%. This performance is likely because the index was in a strong uptrend after the pandemic. 

JEPI and VOO ETFs have plunged this year because of Donald Trump’s trade war. It has dropped by 11.1%, while the VOO fund has dropped by 15%.

Therefore, this performance means that it makes sense for S&P 500 ETF investors also to allocate some cash to JEPI for its regular dividends. 

The post JEPI ETF put to the ultimate test: is it beating VOO and SPY? appeared first on Invezz

Private specialty chemicals company Maverick Metals has raised US$19 million in a seed funding round led by Olive Tree Capital to accelerate the commercialization of its flagship lixiviant technology, LithX.

Unlike traditional acid-based processes, LithX enables cost-effective, ambient temperature leaching of refractory ores like chalcopyrite, unlocking metals previously considered uneconomical or too environmentally burdensome to process.

“As the US accelerates its push for domestic critical metals production, LithX provides a scalable, commercially viable path to securing essential materials,” said Eric Herrera, co-founder and CEO of Maverick.

The US$19 million funding round includes participation from high-profile investors such as Y Combinator, Hanwha Group, Liquid 2 Ventures, Nomadic Venture Partners, Soma Capital and TechNexus Venture Collaborative.

The capital will enable the company to expand pilot deployments in collaboration with major mining companies and scale its commercialization efforts.

Meeting rising metals demand with tech solutions

Global copper demand is expected to double by 2035, reaching approximately 50 million metric tons annually, driven largely by energy transition technologies, electric vehicles and infrastructure development.

But even as mining companies race to keep pace, challenges like declining ore grades, environmental restrictions and rising costs continue to limit production.

Maverick states that its proprietary lixiviant works at ambient temperatures and neutral pH levels, offering a safer, cheaper and more sustainable alternative to traditional acid leaching.

The technology enables the recovery not only of copper, but also valuable by-products such as molybdenum, gold, silver and even rare earths from a variety of unconventional sources — including tailings, smelter slag and coal fly ash.

According to Maverick, its LithX technology has demonstrated a range of benefits that could reshape the economics and the overall environmental footprint for metals processing.

For instance, the technology increases recovery rates at ambient temperatures, significantly reducing energy costs. It also eliminates the need for acid addition, offering a safer and more sustainable alternative to traditional methods.

In addition, Maverick notes that the process mitigates the risk of acid contamination and hazardous reagent exposure, enhancing worker safety — a key concern in traditional mining operations.

“We are pleased to announce our investment in and support of Maverick Metals,” said Nichola Eliovits, managing partner at Olive Tree Capital, in the company’s release. “We believe LithX has the potential to significantly increase the range of viable resources available to help alleviate global supply constraints.”

While copper remains a primary focus, LithX has shown versatility for a range of critical metals, such as high lithium extraction from spodumene and enhanced rare earths and gallium recovery from minerals like allanite and monazite.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Wall Street rebounded into the green as multiple foreign countries came to the tariff negotiating table with President Donald Trump – but that was not enough to assuage some lawmakers’ critiques of the ‘alla prima’ tariff actions, as one Republican put it.

U.S. Trade Representative Jamieson Greer testified Tuesday the U.S. has long-suffered from ‘China Shock’ – the surge in manufacturing outputs from the Communist nation since the turn of the century – and that the U.S. had to do something substantive but strategic about the 5 million manufacturing jobs lost and 90,000 factories closed since the middle of the Clinton administration.

‘President Biden left us with a $1.2 trillion trade deficit-in-goods – the largest of any country in the history of the world,’ Greer said.

‘During COVID, we were unable to procure semiconductors to build our cars or materials for pharmaceuticals and personal protective equipment. During World War II, we built nearly 9,000 ships. Last year, the United States built only three ocean-going vessels,’ he said.

Greer said the U.S. historically was on the surplus side of agriculture trade but that, as of late, purportedly friendly countries like Australia have essentially rejected beef and pork exports, while America has not reciprocated with their livestock.

That became a sore subject during a particularly heated exchange between Greer and Sen. Mark Warner, D-Va., as the lawmaker claimed Trump unnecessarily ‘clobbered’ Canberra with a 10% tariff.

‘We have a free trade agreement with Australia,’ he said, questioning Trump’s ‘fancy Greek formula’ for determining tariffs.

Democrats and media figures previously mocked Trump for tariffing uninhabited Australian islands in the Indian Ocean – which Commerce Secretary Howard Lutnick suggested over the weekend was to close any potential loophole to circumvent tariffs on such countries’ mainland.

Greer argued the ‘lowest rate available’ was imposed on Australia, leading Warner to ask again ‘why did they get whacked in the first place.’

‘Despite the [free trade] agreement, they ban our beef, they banned our pork, they’re getting ready to impose measures on our digital companies – It’s incredible,’ Greer said.

Warner later acknowledged markets had rebounded a ‘blip’ by midday but said a Wall Street contact equated it to a ‘good day in hospice.’

Meanwhile, during his opening remarks, Senate Finance Committee ranking member Ron Wyden said he has drafted a bipartisan resolution to ‘end the latest crop of global tariffs that are clobbering American families and small businesses.’

‘Members on both sides of the aisle ought to know that this is a call to action and Congress must step in to rein this president on trade,’ Wyden said.

He called the tariffs ‘aimless’ and ‘chaotic’ and said it showed Congress ceded the executive branch too much constitutional power.

In his testimony, Greer called trade imbalance an indicator of both an economic and national security emergency.

He also suggested America’s allies have been foisting unfair policies on the American consumer – including the European Union.

‘[They] can sell us all the shellfish they want, but the EU bans shellfish from 48 states. The result is a trade deficit in shellfish with the EU,’ he said.

‘We only charge a 2.5% tariff on ethanol, but Brazil charges us an 18% tariff. The result? We have a large trade deficit in ethanol with Brazil.’

‘Our average tariff on agricultural goods is 5%, but India’s average tariff is 39%. You understand the trend here.’

In response to some of Wyden’s concerns, Greer said Vietnam has already negotiated a lower tariff on U.S. cherries and apples exported from Oregon and the Northwest.

‘This is exactly the right direction that we want to go in,’ Greer said.

Sen. Bernie Sanders, I-Vt., struck a more middling tone on tariffs, saying that he has never been a ‘great fan of free trade,’ and cited his work ending NAFTA and opposing normalized relations with China.

He also cited the outsourcing of manufacturing to Mexico, saying it killed hundreds of thousands of American jobs and has many Mexican workers ‘living in cardboard boxes.’

‘That is the type of trade policy which I detest. But I want to move to an area, to talk about the legal basis of what President Trump has done,’ he said.

Sanders said he lives 50 miles from Canada and does not see the same empirical data on illegal immigration and fentanyl smuggling that Trump accused Ottawa of failing to act on – and incorporated into his tariff calculations.

On the Republican side, Chairman Michael Crapo, R-Idaho, was largely deferential to Trump and Greer, while some other Republicans voiced concerns.

Sen. Charles Grassley of Iowa questioned whether Congress ‘delegated too much authority to the president’ but said he supports the president so long as his mission is to ‘turn tariffs into trade deals to reduce tariff and non-tariff barriers’ versus any plot to ‘feed the U.S. Treasury through them.’

‘I made very clear throughout my public service that I’m a free and fair trader. The Constitution gives Congress the authority to regulate interstate and foreign commerce. I believe that Congress delegated too much authority to the president in the Trade Expansion Act of 1962 and Trade Act of 1974,’ he said.

Additionally, Sen. Thom Tillis, R-N.C., pressed Greer on who should be considered the person that will take ultimately responsibility for either praise or accountability depending on the outcome of the tariff actions.

‘Whose throat do I have to choke,’ he said, underlining that the phrase was borrowed from a management consulting mantra.

This post appeared first on FOX NEWS