The Nasdaq-100 Index has cooled off a bit from its red-hot run. It was recently down more than 8% from its peak. Even with that decline, it's still up more than 20% over the past year.

I recently took advantage of the Nasdaq-100's slump by loading up on a unique exchange-traded fund (ETF) focused on the growth-driven market index: JPMorgan Nasdaq Equity Premium Income ETF (NASDAQ: JEPQ). The ETF supplies lots of dividend income while providing upside to the Nasdaq-100 with less volatility.

The JPMorgan Nasdaq Equity Premium Income ETF has a triple mandate. It seeks to distribute Income to investors each month while providing equity exposure to the Nasdaq-100 with less volatility.

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Source Fool.com