OPEN-SOURCE SCRIPT
已更新 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.
發行說明
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.
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
開源腳本
秉持TradingView一貫精神，這個腳本的創作者將其設為開源，以便交易者檢視並驗證其功能。向作者致敬！您可以免費使用此腳本，但請注意，重新發佈代碼需遵守我們的社群規範。
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/
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。