The Sleep-Well Four

A buy-and-hold portfolio for conservative investors seeking balanced exposure across equity income, dividend growth, and high-income ETFs.

DGRO JEPI SCHD SPYI
+4.6%
Total Return (Oct 2025 – Present)
$10,459
Current NAV
$224
Income YTD
6.4%
Ann. Yield
Win Rate
5.0%
Max Drawdown

Portfolio Summary

Performance overview of your 4-ETF sleep-well portfolio

SCHD
$10,943
+9.43%
DGRO
$10,579
+5.79%
JEPI
$10,508
+5.08%
SPYI
$10,473
+4.73%
Strategy

Sleep-Well Four employs a buy-and-hold dividend income strategy focused on four complementary dividend and income-focused ETFs. The portfolio prioritizes steady cash flow generation through high-yielding securities while maintaining broad market exposure, with a balanced allocation across growth-oriented dividends and premium income strategies.

Why Sleep-Well?

This portfolio is designed so you can sleep well at night. Low beta, steady income, and diversified strategies mean less worry during market turbulence.

Inspired by @yieldandgrace

$10,000 Investment Growth (2025)

How each holding would perform with equal $10K allocation

SCHD
$10,943
+9.4%
DGRO
$10,579
+5.8%
JEPI
$10,508
+5.1%
SPYI
$10,473
+4.7%
SCHD
$10,943
DGRO
$10,579
JEPI
$10,508
SPYI
$10,473
Key Insight

SCHD leads with a 9.4% return, turning $10,000 into $10,943. The portfolio balances growth-oriented and income-focused ETFs for diversified returns.

Maximum Drawdown Analysis

Protection ratings during market downturns

ETF Strategy Max Drawdown Worst Month Beta Protection
JEPI Defensive + Options -2.5% Nov 25 0.52 ●●●●●
DGRO Dividend Growth -2.9% Nov 25 0.77 ●●●●●
SCHD Dividend Quality -4.0% Nov 25 0.69 ●●●●●
SPYI S&P 500 + Options -4.0% Nov 25 0.68 ●●●●●
Best Protection

JEPI showed the strongest downside protection with only a -2.5% maximum drawdown and a 0.52 beta.

Deepest Drawdown

SPYI experienced the largest drawdown at -4.0%, though still modest compared to broad market indices.

March 2025 Stress Test

How each ETF performed during the worst month:

JEPI
-2.5%
DGRO
-2.9%
SCHD
-4.0%
SPYI
-4.0%

Income Analysis

Annual income on $10K allocation per holding

SPYI
$1171
11.7% yield · ~$98/mo
JEPI
$825
8.3% yield · ~$69/mo
SCHD
$382
3.8% yield · ~$32/mo
DGRO
$209
2.1% yield · ~$17/mo

Monthly Payers

JEPI, SPYI

Quarterly Payers

SCHD, DGRO
ETF Yield Annual Income Price Return Total Return
SPYI 11.7% $1171 -7.0% +4.7%
JEPI 8.3% $825 -3.2% +5.1%
SCHD 3.8% $382 +5.6% +9.4%
DGRO 2.1% $209 +3.7% +5.8%
Income Insight

Average portfolio yield of 6.5% generates approximately $2587 annually on $40K invested ($216/month).

Ex-Date Ticker $/Share Est. Amount Payment Status
Feb 2 JEPI $0.3440 $15.14 Feb 20 Ex Passed
Feb 20 SPYI $0.5310 $26.02 Mar 10 Upcoming
Mar 4 JEPI $0.3440 $15.14 Mar 22 Upcoming
Mar 11 SCHD $0.2780 $25.30 Mar 29 Upcoming
Mar 17 DGRO $0.4470 $16.09 Apr 4 Upcoming
Mar 22 SPYI $0.5310 $26.02 Apr 9 Upcoming
Apr 3 JEPI $0.3440 $15.14 Apr 21 Upcoming
Apr 21 SPYI $0.5310 $26.02 May 9 Upcoming
May 3 JEPI $0.3440 $15.14 May 21 Upcoming
May 21 SPYI $0.5310 $26.02 Jun 8 Upcoming
Jun 2 JEPI $0.3440 $15.14 Jun 20 Upcoming
Jun 10 SCHD $0.2780 $25.30 Jun 28 Upcoming
Jun 16 DGRO $0.4470 $16.09 Jul 4 Upcoming
Jun 20 SPYI $0.5310 $26.02 Jul 8 Upcoming
Jul 2 JEPI $0.3440 $15.14 Jul 20 Upcoming
Jul 20 SPYI $0.5310 $26.02 Aug 7 Upcoming
Aug 1 JEPI $0.3440 $15.14 Aug 19 Upcoming
Total Expected (6 mo) $344.85
Monthly Average $57.47
Events 17

Monthly Returns Heatmap

Month-by-month performance tracking

Month Portfolio DGRO JEPI SCHD SPYI
Oct 2025 -1.6% 0.0% 0.0% 0.0% 0.0%
Oct 2025 -0.2% -0.2% 0.0% -0.7% 0.0%
Oct 2025 +0.3% +0.5% +0.3% +0.3% 0.0%
Oct 2025 0.0% 0.0% -0.1% -0.3% +0.3%
Oct 2025 -0.2% -0.1% -0.2% -0.2% -0.2%
Oct 2025 0.0% 0.0% +0.1% -0.4% +0.4%
Oct 2025 -0.4% -0.5% -0.3% -0.7% -0.1%
Oct 2025 -1.7% -1.8% -1.3% -1.7% -2.2%
Oct 2025 +0.9% +1.0% +1.0% +0.3% +1.4%
Oct 2025 +0.5% +0.7% +0.6% +0.9% -0.1%
Oct 2025 0.0% +0.1% 0.0% -0.3% +0.4%
Oct 2025 -0.7% -0.9% -0.6% -0.8% -0.6%
Oct 2025 +0.6% +0.5% +0.6% +0.8% +0.6%
Oct 2025 +0.8% +0.9% +0.5% +0.8% +0.9%
Oct 2025 +0.3% 0.0% +0.6% +0.3% +0.1%
Oct 2025 -0.4% -0.4% -0.4% -0.3% -0.4%
Oct 2025 +0.3% +0.2% +0.3% +0.1% +0.5%
Oct 2025 +0.3% +0.4% 0.0% 0.0% +0.6%
Oct 2025 +0.5% +0.7% +0.2% +0.3% +0.7%
Oct 2025 -0.4% -0.5% -0.6% -0.4% +0.1%
Oct 2025 -0.6% -0.8% -0.6% -1.0% 0.0%
Oct 2025 -0.2% -0.1% 0.0% -0.2% -0.5%
Oct 2025 0.0% -0.2% -0.1% +0.3% +0.2%
Nov 2025 -0.4% -0.7% -0.2% -1.1% +0.1%
Nov 2025 -0.3% -0.1% 0.0% -0.1% -0.9%
Nov 2025 +0.3% +0.3% +0.1% +0.5% +0.3%
Nov 2025 -0.5% -0.3% -0.4% -0.2% -0.9%
Nov 2025 +0.4% +0.4% +0.4% +0.8% +0.1%
Nov 2025 +0.6% +0.5% +0.5% +0.2% +1.3%
Nov 2025 +0.9% +1.0% +0.7% +1.5% +0.2%
Nov 2025 +0.2% +0.5% +0.3% 0.0% +0.1%
Nov 2025 -0.7% -0.8% -0.7% +0.1% -1.4%
Nov 2025 -0.1% -0.2% -0.2% +0.1% 0.0%
Nov 2025 -0.8% -0.9% -0.6% -0.9% -0.8%
Nov 2025 -0.1% -0.1% -0.2% +0.6% -0.8%
Nov 2025 -0.1% 0.0% +0.1% -0.9% +0.4%
Nov 2025 -1.1% -0.8% -0.8% -1.1% -1.4%
Nov 2025 +1.4% +1.3% +1.3% +1.8% +1.0%
Nov 2025 +0.4% +0.2% +0.4% -0.5% +1.4%
Nov 2025 +1.1% +1.3% +1.1% +1.4% +0.8%
Nov 2025 +0.5% +0.6% +0.4% +0.5% +0.6%
Nov 2025 +0.5% +0.6% +0.4% +0.5% +0.5%
Dec 2025 -0.5% -0.8% -0.6% -0.2% -0.4%
Dec 2025 -0.1% -0.2% -0.1% -0.5% +0.2%
Dec 2025 +0.8% +0.9% +0.6% +1.5% +0.3%
Dec 2025 -0.1% -0.2% 0.0% -0.2% +0.1%
Dec 2025 0.0% -0.1% -0.1% -0.1% +0.2%
Dec 2025 -0.4% -0.4% -0.4% -0.5% -0.2%
Dec 2025 -0.2% -0.2% -0.3% -0.4% -0.1%
Dec 2025 +1.0% +1.3% +0.7% +1.4% +0.6%
Dec 2025 +0.5% +0.7% +0.7% +0.4% +0.2%
Dec 2025 -0.3% -0.5% -0.1% 0.0% -0.8%
Dec 2025 +0.1% +0.2% +0.1% +0.3% -0.1%
Dec 2025 -0.7% -0.9% -0.4% -1.0% -0.2%
Dec 2025 -0.3% -0.1% -0.5% +0.5% -1.0%
Dec 2025 +0.1% 0.0% +0.3% -0.4% +0.7%
Dec 2025 +0.3% +0.2% +0.2% -0.1% +0.8%
Dec 2025 +0.5% +0.7% +0.4% +0.6% +0.6%
Dec 2025 +0.1% +0.1% +0.1% -0.3% +0.4%
Dec 2025 +0.4% +0.5% +0.3% +0.4% +0.3%
Dec 2025 0.0% 0.0% +0.1% -0.1% 0.0%
Dec 2025 -0.1% -0.2% -0.1% -0.1% -0.2%
Dec 2025 -0.1% -0.2% 0.0% 0.0% -0.1%
Dec 2025 -0.6% -0.7% -0.5% -0.7% -0.5%
Jan 2026 +0.5% +0.5% +0.1% +1.1% +0.1%
Jan 2026 +0.5% +0.6% +0.3% +0.7% +0.5%
Jan 2026 +0.6% +0.7% +0.8% +0.6% +0.4%
Jan 2026 -0.5% -0.9% -0.3% -0.7% -0.2%
Jan 2026 +0.8% +0.8% +0.5% +1.9% 0.0%
Jan 2026 +0.5% +0.5% +0.4% +0.5% +0.5%
Jan 2026 0.0% +0.1% +0.1% -0.2% +0.1%
Jan 2026 0.0% -0.2% -0.1% +0.4% -0.1%
Jan 2026 +0.4% +0.4% +0.1% +1.5% -0.3%
Jan 2026 +0.2% +0.3% +0.1% 0.0% +0.2%
Jan 2026 -0.1% 0.0% 0.0% -0.4% 0.0%
Jan 2026 -1.3% -1.4% -1.4% -0.7% -1.6%
Jan 2026 +1.2% +1.1% +1.0% +1.6% +1.0%
Jan 2026 +0.2% +0.1% +0.3% +0.1% +0.4%
Jan 2026 0.0% -0.2% +0.1% -0.1% +0.1%
Jan 2026 +0.4% +0.5% +0.4% +0.1% +0.4%
Jan 2026 +0.2% 0.0% 0.0% +0.7% +0.3%
Jan 2026 -0.2% -0.2% -0.3% -0.2% 0.0%
Jan 2026 +0.2% +0.3% +0.2% +0.2% -0.1%
Jan 2026 +0.4% +0.2% 0.0% +1.5% -0.2%
Feb 2026 +0.4% +0.7% -0.2% +0.6% +0.5%
Feb 2026 +0.3% +0.2% -0.3% +1.7% -0.7%
Feb 2026 -5.0% -0.9% +0.5% -2.2% +0.2%
TOTAL +0.3% +5.8% +5.1% +9.3% +4.8%
Best Month
+1.4%
Nov 2025
Worst Month
-5.0%
Feb 2026
Positive Months
49/87
months positive

Key Takeaways

Winners

  • SCHD is the clear outperformer with a 9.4% return over 126 days, demonstrating the strength of quality dividend growth stocks. DGRO follows with 5.8% returns, validating the core dividend growth thesis. Both provide solid yields (3.82% and 2.09% respectively) without excessive leverage.

Disappointments

  • SPYI and JEPI underperformed relative to their high yield profiles, returning 4.7% and 5.1% respectively despite offering 11.71% and 8.25% yields. This suggests either timing headwinds in options-based strategies or that high nominal yields haven't translated to capital appreciation in this market environment. The reliance on distributions may mask underlying market weakness.
The thesis:

The portfolio pursues income generation with moderate risk, balancing traditional dividend growth (DGRO/SCHD) against premium income strategies (JEPI/SPYI). With a 100% win rate and zero drawdown over 4 months, the strategy has benefited from a favorable market environment. However, the 4.59% total return slightly underperforms broader market indices, suggesting the yield-focused approach may be sacrificing capital appreciation. Risk is moderate but concentrated in dividend sustainability and interest rate sensitivity.

Analysis updated 22 hours, 51 minutes ago