Is SPYI the Best High Yield Dividend ETF?
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- čas přidán 31. 05. 2024
- Being both a dividend growth investor and an income investor, I’m always on the hunt for good, high-yielding investments that can provide me with solid income with growth potential. And over the last few years, we’ve been seeing a lot of new ETFs being created geared toward people searching for high income. New funds like JEPI, SVOL, and various Global X covered call ETF variations like QYLG and QYLE were launched to meet the demands of investors who want high amounts of monthly dividend income. Today we’re going to take a look at a newer ETF that was recently launched less than a year ago, which is SPYI, and touts some really impressive features on its website.
The Neos S&P 500 High Income ETF is a fund that seeks high monthly income in a tax efficient manner, with the potential for upside appreciation in rising markets. The fund invests directly and through derivatives in stocks of companies operating across diversified sectors and uses derivatives such as options to create its portfolio. The Fund seeks to generate high income from the premiums earned from SPY call options as well as the dividends received from the fund's equity holdings. It’s actively managed by Neo’s Funds and was launched on August 30th, 2022.
/ dividendbull
#dividendinvesting #dividends #dividendstocks
The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. $52k dividends received in 2022.
I agree! That's why it is advisable that you have to invest while you still have a regular job or earning a regular income, and do it constantly. You still need to have something that will keep you going even if you're investing. Good financial planning and money allocation is the key.
I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured some money in value stocks and digital assets,i accrued over $80K in dividends last year
I have “Helene Claire Johnson” as my investment advisor. She has a solid reputation in her field and is a true genius when it comes to diversified portfolios, which help portfolios be less vulnerable to market downturns. She may be a name you are already familiar with; a Newsweek piece helped me to do so. You can search her on google
@@lawerencemiller9720go away
@@lawerencemiller9720go away
With changes in the economy leading to instability in the stock market, some individuals may face a decrease in their investments in an effort to benefit from the current market conditions, I am considering liquidating my $725k portfolio consisting of bonds and stocks. Someone else in the same situation? Please tell me in the comments!..
@JosephGreen7 I have been exploring the possibility of utilizing advisors to help navigate the stock market during these uncertain times. However, I am still evaluating their potential effectiveness in providing the support I need.
@JosephGreen7 I was considering changing my investment strategy and planning to sell certain positions. As my retirement is coming soon,I became increasingly stressed. After thoroughly researching Christy Vall D'souza on internet, I concluded that I had made an informed decision. Thank you for this Pointer. She seems very proficient and flexible. I booked a call session with her too.
not sure I understand what you mean but I would try to figure out what I want to be invested in before cashing in that is a lot of money to have in cash not earning anything plus you might make mistakes while doing that and lose some money I would be cautious making these moves
I can see myself adding a 10K investment in SPYI in the next few weeks. I may just put in a buy at a price a little below the current market price and go with it. I have just over 30 stocks and funds at the moment. What are the best options to advance my portfolio.
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. I know someone who made over $350k in this recession influenced market, but to the best of my knowledge, it was through a financial advisor.
financial advisors could make a lot of difference, particularly in a market such as this. Stocks are pretty unstable at the moment, but if you do the right math, you should be just fine. Bloomberg and other finance media have been recording cases of folks gaining over 930k just in a matter of weeks/couple months, so I think there are a lot of wealth transfer in this downtime if you know where to look. I have been using an FA since 2018, and I return at least $58k ROI, and this does not include capital gain.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now, but I've been very hesitant about. I'll appreciate any recommendation.
Have you heard of "Amy Jean Andersen She gets featured regularly on CNBC. Everyone in my office works with her including myself. I personally use tax-deferred accounts to hold my investments. That way I avoid capital gains taxes. There are other options your advisor could brief you about.
Thank you. I just checked her out now on the web and I've sent an email. I hope she gets back to me soon. I've been thinking of doing this for a long time now, and I've procrastinated enough already.
Just saw an interview with the SPYI fund manager, Garrett, on Armchair Income. I’m now more in favor of SPYI than before, despite its youth.
I was going to ask if you had done a video about SPYI… and here it is!! Thanks!
The S&P 500 finished down 20% in 2022. This means long term investors had a great starting point in 2023. Here are 4 very popular ETF’s: $VOO- S&P 500 fund $VTI- Total US stock market $QQQ- High growth, tech $SCHD- Growth + Dividends. My dividends for the past year; $67k Blessed and grateful, disciplined and focused.
Consistently investing in high quality dividend paying ETFs & stocks over the long term is a relatively easy strategy to create generational wealth. My "boring" ETF's portfolio paid me over $3,000 in dividends last month.
any recommendations for a reliable monthly investment? I hope to ultimately supplement my income from work with a monthly income from investments. I will still make long-term investments, but it would be wonderful to have a little additional money each month.
The US stock market had been on it’s longest bull-run in history, so the mass hysteria and panic is relatable considering we’re not accustomed to such troubled markets, but there are avenues lurking around if you know where to look. I’ve netted over $350k in the past 10months and still making gains till date.
@@jonesherbert7409 Make lot of sense, good for you though, unlike us, you seem to have the market figured out. How were you able to make such sum?
Well i won't say i have all this is through the help of my consultnant Camille Anne Hector. Find her online, then get in touch with her. She’s well renowned for her work as a consequence of a recent Bloomberg piece. She has a homepage devoted to consultations.
Given the current economic difficulties that the country is experiencing in 2023, how can we enhance our earnings during this period of adjustment? I cannot let my $680k savings vanish after putting in so much effort to accumulate them.
An obvious way to lnvest for a recession is to buy shares in businesses that are likely to experience steady demand even in a downturn. Typically, those are consumer staples, utilities, and healthcare companies, but off course such decisions cannot be made by an average Joe, a financial advisr is important in making this decisions
@@dianarabbanii2 Such considerations can certainly have a role when I think about whether I ought to buy into a share. But I never purchase purely on that basis, i always have to seek the adv!ce of my financial-planner who has helped me gain $985k in a well-diversified portfoIio that has experienced exponential growth
@@naomigonzales9663 I wholeheartedly concur, i have thought of engaging with an lnvestment coach, but don't really know how get one.
@@EmiliaAbelard Viviana Marisa Coelho a registered Investment advisr. Quite renowned, search her name to get in touch
@@naomigonzales9663 there is no truth to the rumor that "Viviana" was a student of Bernie Madoff 😋
Only a very naive person would believe the apparently fake conversation and testimonial on this thread.
Like they say "a fool and their money are soon parted.
I just discovered this etf last week and started buying shares
I switched a month ago from XYLD 👍
Smart move
I am NOT a fan of this strategy at all, I prefer my covered call ETFs to stay away from buying puts or calls. I’m glad you mentioned NUSI.
@dividendBull
Long time watcher and fan.
I got a quick question.
In regards to your Patrion benefits, if I subscribe but encounter some financial hardships and have to cancel (which might happen since I plan on moving countries, which will also require multiple months of job change and other financial instability) do we loose access to your discord until we resubscribe, or are you under the "pay once, access for life" category where this wont be an issue?
I can see myself adding a 10K investment in SPYI in the next few weeks. I may just put in a buy at a price a little below the current market price and go with it. I have just over 30 stocks and funds at the moment. NUSI is one of them with 1000 shares. QQQ is my largest holding however I purchased that at $29.50 per share and got several hundred shares.
Great video! Armchair income also pointed out that they use investor funds to buy the calls for the strategy you explained. If the strike price isn’t achieved, those funds are lost. Therefore, you have to really believe these fund managers are exceptional option traders. NUSI suggests…they are not.
Please note that Armchair Income issued a correction video to that assertion
@@yzhere3745 I saw the correction video. My take was that it clarified that Return of Capital can be good or bad, and reviewing the change in NAV is a way to know which is the case.
Will be interesting to see how this fund does during a correction. Buying those calls doesn’t help when the market drops. Always enjoy your videos! 😊
Enjoying your channel! Is all the Return of Capital from SPYI a red flag?
@@tvtriviachampionClose to 100% ROC is unusual for an ETF, but it can be legitimate or destructive. We won’t know until they release financial statements and we can review whether NAV grew or shrank. It’s probably OK, but I have other concerns about SPYI. For example, 2 of the 3 fund managers are still working at NUSI. Busy boys. 😮
I will be forever grateful to you, you changed my whole life and I will continue to preach on your behalf for the whole world to hear you saved me from huge financial debt with just a small investment, thank you Maria Reyes.
I'm surprised you know her. I've been making a lot of profits investing with her for a few months now.
Maria Reyes changed my life because of the high profits I got from investing with her.
You invest with Maria Reyes too? Wow that woman has been a blessing to me and my family.
I'm new at this, please how can I reach her?
I was skeptical at first till I decided to try. Its huge returns is awesome. I can't say much
That tax advantage is huge!
Thanks for review. Can you review HEQT which is similar to SPYI but with downside protection. Manage by simplify who made SVOL.
Does this fund buy puts to offer protection to market downturns such as NUSI ??
So SPYI is a better option than JEPI for taxable accounts?
Could anyone have any insight as to whether SPYI will issue 1099-DIV, or something else due to the return of capital portion?
Excellent...
Another great video. Thank you. I am holding a lot of SPYI & SVOL. I
would love to hear your opinion on PXD.
You are losing money big …better to own spy …please back test
I heard about this fund a couple of months ago. It sounds intriguing. Hopefully the fund managers learned from their previous NUSI experience.
Also I hope they aren't offering it to attract investors. It is a possibility that 12 percent could change as more investor invest.. We shall see. Only time will tell
Those NUSI managers seem to be bad gamblers. Great analysis and I am definitely not buying this ticker.
Thoughts on TROW? Seems like an amazing buy opportunity right now.
Excellentttttttttttttttttt !
Is the dividends from return of capital,if so the fund might go in the red like Nusi
Guess I need to add this one to my portfolio and see how it goes.
I'd love to see you share you thoughts with using M1 for investing. It seems like the perfect system with pie percentages for someone more interested with income over growth. When a stock goes down it becomes cheaper which the dividends could buy more of to increase income. Seems great for automating it if people are the lazy type to manually invest.
If a stock goes down, chances are the dividends will be cut as well.
The problem in this case is that M1 doesn’t carry SPYI, so I can’t add it to my pie.
@@wewhoareabouttodiesaluteyo9303 This is not true in the slightest. Countless dividend stocks "go down" and don't cut their dividend. There is no direct correlation between share price and dividend safety. Causation, not correlation.
Have a great weeknd everyone
I love the call spreads, since I own it in an IRA, I do not care if SPYI is tax efficient or not.
Just because NUSI did not workout, that does not mean it will happen with SPYI. People learn from their mistakes. Also, perhaps the Managers had rules restricting what they could do with NUSI.
Another one for me to invest in 👍
Address of the fund is kinda sketch when you look into it. IMO. 13 riverside Ave looks odd but maybe it’s and old pictures
It’s not in a financial district. Could be nice inside though. NUSI is even more sketch. They rent a Regus executive suite. Established companies don’t work from temporary space.
HMAX, ENCC, HDIF, HYLD, HTAE and HDIV are high yield ETFs if you're a Canadian investor.
You incorrectly explained the covered call spread strategy. The long $30 call has unlimited upside potential, minus the $5 spread from selling the $25 call. If the stock reached $50, the profit is $25 + premium received from the short 25/30 call spread
Any chance we could get a video on high qualified dividend stocks?
I was excited about this fund until I check out the "supplemental tax information" after clicking distributions. It looks like the majority of the dividends (91% YTD) are return of capital. This is definitely a concern for me. I'm going to wait and monitor for now.
there isn't a single business in the world you dont pay taxes if your making money. when it comes to investing so many of you cry about taxes if you Ran a business and spent time getting profits you pay taxes. When you make profit on stock doing zero work why cry about taxes on PROFIT.... stop it =)
@@AntBoogieWorld Return of capital isn't profit. The tax isn't realized unless you sell. If distributions have a consistently high RoC, often it leads to the erosion of the Nav and share price.
@@hraser3rd ok thank you. But if you reinvest your divs you can find growth in that way. If your starting to see erosion in income play stocks you can sell out and move your money some where else because if you pay attention to your div each month if you see its declining you sell out.
Big red flag-dividends are being paid out of Return on Capital; while this could be part of their tax minimization strategy, it usually indicates that investors are having money returned to them
It is tax strategy…their total returns have been top shelf …better than schd for total returns and income
Can you put this ETF in a roth ira?
What about BIZD and PBDC?
For anyone considering this fund please be aware the19a1's say that 95% of the distributions are RoC.
19a forms are meaningless…plus they deliberately use roc to save taxes
Good video. I think I will invest in SPYI. I already own APLY, QYLD, CLM. Thank you for info.
Stay away
The high expense ratio is keeping me away from it right now compared to using JEPI/JEPQ. It's about 2x more, and is not providing "2x the return".
Maybe some time I might hop on with SPYI, but i need to see a little more proof it will be managed in a responsible way, and that the tax savings will be worth the hit in higher management fees.
I really wish someone did a hypothetical to show if it'd be better long term compared to a more traditional one, after taking taxes and the fees into account.
To me expense ratio is a mostly a non factor since you don't pay it directly / are never charged any yearly fee.
Can you make a video on medifast?
can you reviw an emerging market like Roumania. H2O has it-s ipo this week and in my opinion is a very good investment. all the best from Roumania 👍
Why do u spell it wrongly
@@bluesky5587 english is my 3rd language 🙄 sorry for the bad grammar... why do you spell it wrongly ?
Spyi is managed by same guys that manage nusi?
Former
Yes same guys. They still work at NUSI, so they manage both at the same time.
Thanks for sharing your hard work and “discoveries” in the field of dividend investing! I always learn something new watching your videos; it helps me keep my investing options open! (See what I did there?)
Is this paid monthly or quarterly?
Why would u not take 10 seconds to look it up yourself?
TSLY
I’d sleep better with 100k in Schd than 100k in this, safer long term
If you had 100k, 12% yield would give you 12k yearly SPYI comparing to 3k from SCHD. So it’s four times more, SWAN with more income
I was in about $3k on this, but after reading a little more about it, I dumped it for more USA.
USA pays above its EPS.
NUSI management - NO THANKS !!!!!
I'd love to see an analysis of TLTW
TLTW is not bad, but there are ETFs that yield more than it.
You are talking to ff!
Not a bad ETF, but there are ones that pay higher yields.
What are some other ETF's that you suggest? Having that 60/40 tax rate is a decent advantage with a 12% yield
The Armchair Income channel on CZcams ripped this ETF a new one. I won't touch it after that review. There appears to be a lot of deception going on between that and NUSI. I'm steering clear.
I saw the same video. Very interesting! Armchair Income and Dividend Bull are my 2 favorite income channels 👍🏼🤩
Mine too
Looks to me like the yield is only 1.12%
That's the 30 day sec yield. How many months in a year?
@@tylerg9717 regardless, PDI would be a much better option
@@tylerg9717 correct. Some people do not have good math skills 😉
@@TheNumismatist1812 regardless, you dont know what the difference between 12 month yield and a 30 day sec yield is
0:42 You said the magic word "derivatives'. DEAL BREAKER. You sound younger than me. I've been around long enough to see the damage certain 'investments' can do. Derivatives....are investments no one understands. (ok, maybe a few do) In the words of Peter Lynch: Don't invest in anything you can't describe with a crayon.
Lmao. Options are technically "derivatives". They are very easily understandable. As explained in the video, they are trading spreads and also buying LEAPs
*Uses a crown to draw robots, cars, solar panels, batteries, rockets and planet Mars*
"And that, kids, is why I own 15 shares of Tesla."🤣
@@ConcealedCourier Uses a crown or crayon?
1st commwnt
And yet you said nothing of substance.
@@JerryJ84
Nor was that my intention
Congrats!
Really? I do not understand the juvenile mindset that considers that as some sort of accomplishment. 😋
Perhaps life is simple for folks who are living in their parents' basement. 🤣
@@absurdnerd7624You look like a bore at parties.
I subscribed because the lack of edgy thumbnails. Those click bait thumbnails make me 🤢🤢🤢🤮🤮🤮🤮
What's up with that voice, super annoying i think its ai generated
how come you cant trade options with it?