Sell my positions and getting into JEPI?

I have about $200k spread across VBTLX, VYM and other high-dividend or stable bluechips like HBAN, RTX, COST, JPM & WMT. I have lost about $30k in the last few months.

I am hearing a lot of hype about JEPI offering 8% returns. I am considering selling all my positions and moving to JEPI for the entire amount.

Is it wise? What pros & cons do you guys see on such a move?

Appreciate any feedback, thank you.