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Telah dikemas kini Income ETF vs Benchmark Comparator
Compare the performance of income/covered call ETFs (JEPI, JEPQ, QYLD, QQQI, XYLD, SPYI) against their benchmark ETFs (SPY, QQQ) to determine if income strategies outperform buy-and-hold.
Features:
How to Use:
Ideal for investors evaluating whether income ETF strategies justify their NAV decay compared to traditional index investing.
Features:
- Total Returns: Year-by-year and period total returns (price appreciation + dividends, non-reinvested)
- Dividend Yields: Annual dividend percentages for both income and benchmark ETFs
- NAV Decay: Measures underperformance of income ETF vs benchmark
- Dividend Extraction Analysis: Shows hypothetical benchmark returns if you extracted the same dividends by selling shares
- Sharpe Ratios: Risk-adjusted returns for performance comparison
- Predefined Pairs: Quick selection of common comparisons or custom symbol input
- Customizable Display: Adjustable table position and font size
How to Use:
- Select a comparison pair (e.g., "JEPI vs SPY") or choose "Custom" to compare any two symbols
- Also put the ticker in analysis in the chart and 1D time frame
- Review yearly performance, dividends, and risk metrics in the table
Ideal for investors evaluating whether income ETF strategies justify their NAV decay compared to traditional index investing.
Nota Keluaran
Release Notes — Latest Version:Added DRIP return comparisons for both the income ETF and benchmark.
Added DRIP Edge to show which strategy performs better with reinvestment.
Added an equal-cash-flow simulation, where benchmark dividends and share sales match the income ETF’s distributions.
Added Value Left, Index + Sell Edge, and Index Shares Sold metrics.
Added optional, easy-to-understand column explanations.
Added a toggleable Potential Tax Edge assessment with taxable, Traditional IRA/401(k), and Roth IRA settings.
Expanded support for broad-index, 0DTE, single-stock, leveraged WeeklyPay, and Bitcoin-income ETFs.
Improved table labels, formatting, position, font-size, and yearly-history controls.
Fixed Pine Script tuple syntax and dividend lookahead issues.
Requires a standard 1-day chart, preferably using the selected income ETF as the chart symbol.
Skrip sumber terbuka
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Hedge Fund Manager at Maverick Capital | Wealth Educator | 20+ yrs investing | Stocks, ETFs & Crypto alerts | Join Henrique Wealth Academy for trade alerts & indicators → skool.com/be-limitless/
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Skrip sumber terbuka
Dalam semangat TradingView sebenar, pencipta skrip ini telah menjadikannya sumber terbuka, jadi pedagang boleh menilai dan mengesahkan kefungsiannya. Terima kasih kepada penulis! Walaupuan anda boleh menggunakan secara percuma, ingat bahawa penerbitan semula kod ini tertakluk kepada Peraturan Dalaman.
Hedge Fund Manager at Maverick Capital | Wealth Educator | 20+ yrs investing | Stocks, ETFs & Crypto alerts | Join Henrique Wealth Academy for trade alerts & indicators → skool.com/be-limitless/
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.