The YieldMax ETFs Are in Trouble - TSLY, NVDY, CONY

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  • čas přidán 21. 02. 2024
  • Within the high yield, income investing realm, easily one of the most discussed investment providers that exist has been YieldMax. Since their founding less than two years ago, this company has already launched 20 ETFs over the course of just 14 months. Their exchange-traded funds have been popular among some investors who are seeking high income, particularly for their eye popping dividend yields. The majority of their funds currently have dividend yields that exceed 20%, with some yielding much more than that. Their most popular ETF in terms of assets under management, TSLY, has at times offered a dividend yield that exceeds 70%, which obviously has been a draw for people seeking high income.
    I’ve also covered and gone in depth on a handful of their funds, including TSLY, NVDY, and CONY. All of their ETFs use the same distinct covered call strategy, which is often referred to as a Poor Man's Covered Call tactic. This unique strategy that isn’t used by other covered call ETFs, is known to come with serious downside risk, and can wreck havoc on the share price of their funds. Last week YieldMax issued a press release regarding one of their ETFs, which I think implies just how poor their funds can be in terms of being long term holdings. And I think all shareholders and people who are considering their funds should be made well aware of what’s going on.
    / dividendbull

Komentáře • 263

  • @1798iscomingback
    @1798iscomingback Před 3 měsíci +33

    It is all about when you get in.
    Since the focus is yield , NAV growth is not the main concern and when the base ticker falls the ETF ticker will fall too.
    The only reason for a reverse split at this point is PR.
    They want to have stocks that are worth more than $10 and monthly dividends greater than $1/share looks way more attractive than sub $1/share.
    Again, it is all about when you get in. I'm positive on TSLY on capital and dividends.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      While clowns like dividend bull are bashing them, I've replaced my salary and then some. Now I can use my second salary to buy growth stocks, dividend stocks, crypto, whatever I want. I don't even have to use my paycheck anymore. And they pay you back everything you have in them in 1-2 years. Guys like this keep people poor.

  • @LouisTheTraveler76
    @LouisTheTraveler76 Před 3 měsíci +49

    I truly appreciate this video as a multiple YM owner. The reverse dividend split information is helpful. I'd like to point out that alot of the downside is "total return" concern. To an aggressive income investor, the growth portion of the fund really isn't relevant as it's a paper gain, just as losses are paper losses until sold. As an aggressive income investor, I value the dividend which is realized and spendable. YMAX investors expect and accept price and dividend changes. It falls, but also goes up as the underlying stock does well. All funds are based on strong performers, so Iam not worried about dangerous decay. Moderate decay is the bargain for making 30-80% monthly cash flow. Still I like your coverage as always.

    • @MuzixMaker
      @MuzixMaker Před 3 měsíci +4

      Well said

    • @sshumkaer
      @sshumkaer Před 3 měsíci +3

      A loss is a loss

    • @icamefromspacexD
      @icamefromspacexD Před 3 měsíci

      A stupid comment is a stupid comment ​@@sshumkaer

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci

      paper lose isn't a loss @@sshumkaer

    • @koshmary112
      @koshmary112 Před 3 měsíci +4

      Agree, but also, if you are bullish on TSLA, Tsly will be fine.

  • @mikev9578
    @mikev9578 Před 3 měsíci +15

    I’m up pretty big on AMZY, MSFO, FBY, CONY and specially NVDY. Made some money with APLY and NFLY before selling out of them last week. TSLY is the only one in the red, but not by much as I bought a few at its lowest point

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +3

      But this guy says it's in trouble. Buy MPW instead like he did and ride it down to $3.

    • @mikev9578
      @mikev9578 Před 3 měsíci +1

      @@Kinosis79 lol I know right

    • @MartinD9999
      @MartinD9999 Před 2 měsíci

      IT IS in trouble, that’s why they did a reverse split 😂

  • @arthello2353
    @arthello2353 Před 3 měsíci +17

    Well I'm in around 8 of the YMAX funds and they're all paying tremendous dividends and the stock price vs. what I paid are all in the black. Also own QYLD, RYLD and XYLD and they've been sucking over the years. We'll see what happens.

    • @harryishs
      @harryishs Před 3 měsíci

      what ETF'S are you holding currently and which has been the top performer

    • @jibberjabber-fm6pb
      @jibberjabber-fm6pb Před 3 měsíci +3

      qyld xyld and ryld are horrible funds. replace them with jepi jepq or gpix gpiq. BALI also worth havoing

    • @Jeroendj
      @Jeroendj Před měsícem

      How is it going now?

  • @benmckinney2941
    @benmckinney2941 Před 3 měsíci +19

    These and the Defiance funds are worth it in my opinion. I look at these for income and not price appreciation. I would rather make 2% a month or more instead of 6 percent a year in something safe.

    • @christmas10023
      @christmas10023 Před 3 měsíci +1

      Defiance funds?

    • @theflightsimulationexperie6894
      @theflightsimulationexperie6894 Před 3 měsíci +3

      If you don’t mind your principle disappearing over time, have fun 😅

    • @ThinkerT
      @ThinkerT Před 3 měsíci

      ​@@theflightsimulationexperie6894So far with most of them the dividend gains have far surpassed the principle loss. We'll see what happens longer term.

    • @ThinkerT
      @ThinkerT Před 3 měsíci

      ​@@christmas10023QQQY, IWMY, JEPY, and a few others.

    • @RobertS-nx7bm
      @RobertS-nx7bm Před 3 měsíci +7

      Per the TSLY website, the total return since inception(thru 1/31/24) is -11.4%. But it is actually less, because that figure does not take into account the tax on the distributions, which according to the website are 97% ordinary dividends---taxable.

  • @Dan-ni4uc
    @Dan-ni4uc Před 3 měsíci +5

    CONY is crushing it. You have to consider the underlying asset. Coinbase will have incredible earnings moving forward.

  • @LunaCoco
    @LunaCoco Před 3 měsíci +14

    Here before the bots. Nice video

    • @HitchensA
      @HitchensA Před 3 měsíci +1

      What bots? The people refuting his bs?

  • @1dantown
    @1dantown Před 3 měsíci +9

    NVDY is up 16% today. NVDA had a huge earnings report. TSLY sells calls only 1-5% out of the money.

    • @tonynes3577
      @tonynes3577 Před 3 měsíci +1

      These funds are for people who don't understand options. and who will lose money.

    • @87vortex87
      @87vortex87 Před 3 měsíci +1

      Lol! You're telling me the covert call instrument increased LESS then the stock itself??? Then you know the product is f#ed. I already called it out when in first heared about this.

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      ​@tonynesta3577 there losing money either way

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      ​@@87vortex87I recently emailed dividend Hunter concerning pushing this shit recently when they have already loss

    • @Martmi29
      @Martmi29 Před 3 měsíci

      @@87vortex87 No shit, everybody knows that. It's in the prospectus.

  • @SoftechSystems1
    @SoftechSystems1 Před 2 měsíci +4

    It is now more than 1 month later (April). I am in quite a few of YieldMax ETFs and 2 of Defiance ETFs. Not sure what this guy is talking about. Other than TSLY (I don't own that one) I am really enjoying the dividends. There has been no drop in SP or splits (other than TSLY). So far CONY, AMDY, IWMY, MRNY, NVDY, and the new ULTY have been very generous and stable. Next up will be the new MSTY which just paid $4.12 div.
    Not sure where we'll be a year from now. I just hope POTUS (Puppet Of The United States) packs up and leaves in January 2025..

  • @JP-iq7pu
    @JP-iq7pu Před 3 měsíci

    You are most likely in the funds for the yield NOT the NAV. I am curious on your take with FEPI, because they hold stock as wall play puts and calls. I considering switch to YMAX and YMAG even if it yield is a bit lower.

  • @CRBarchager
    @CRBarchager Před 3 měsíci +2

    2:10 I remember owning OCSL last year when they did a reverse 3:1 split to get thier stock price above $20. At the time it was well under $10 approx $7 if I recall correctly. At the time I didn't know it the dividend would be 1/3 as well so I decided to get out of the holding though it looks like it has hold it value since.

  • @jaywehking2690
    @jaywehking2690 Před 2 měsíci +3

    Why are so many people against making money? No one has yet to explain to me this logic

    • @Chris-ew9mh
      @Chris-ew9mh Před 14 dny

      TSLY follows TSLA and the stock price has been beat down severely over the last year. If you bought TSLY at 30 and it's now at 15 you will have lost 50% of your money in the stock itself. Now during that time you were paid dividends, but odds are it still wasn't enough to keep you out of negative total returns. If you held TSLY in a taxable account you would also be paying taxes on a losing position so you really need TSLA to go up moderately or at least sideways to make the most out of the covered call strategy, otherwise just invest directly in TSLA if you believe in it long term.

  • @RandyHatfield-jn6ml
    @RandyHatfield-jn6ml Před 3 měsíci +1

    How did those long term investments of W. P. Carey & Realty Income work out for you?

  • @inquirer1016
    @inquirer1016 Před 3 měsíci +4

    I’m starting to believe your thesis is correct. That TSLY reverse split is a clear warning shot about YieldMax ETFs. You have to watch them like a hawk. Large dividends should not be at the expense of net asset (return of capital).

    • @georgetancas2731
      @georgetancas2731 Před 3 měsíci +4

      I think the warning is
      more about the underlying stock TSLA. The stock itself has been and is having issues

    • @kenpachizaraki8509
      @kenpachizaraki8509 Před 2 měsíci +5

      @inquirer1016 Tesla is having a crappy year so of course tsly going be down ..they rest are killing it ! Do your research

  • @Qpalzmcreehay
    @Qpalzmcreehay Před 3 měsíci +2

    Tsly is a rare case. But its evident it reacts to the underlying. Tsla is clearly going through it and tsly is clearly reacting. All tsly needed to do was lower the yield and give it a chance to recover. I think it wouldve made a nice experiment to see what would have happened. Keep the yield at 30 to 40 cents for a few months. I think tsly would have recovered. But too late.
    I'm excited about YMAX and YMAG and even ULTY which will be coming out soon. With YMAX you sample the menu of everything which is dope. Itll be fun to see how these 3 funds do over time.
    If QYLD RYLD are still here after all these years then I will expect the same from YIELDMAX and DEFIANCE. The key is to diversify with these and others like SCHD JEPI JEPQ Reits like O, etc...

  • @TotallyRegWhatelse
    @TotallyRegWhatelse Před 25 dny

    Great analysis ❤ of Yieldmax' CC approach covering all weak points (with view on short puts + long calls for *long position,* short calls for *income).*

  • @CRBarchager
    @CRBarchager Před 3 měsíci +2

    As mentioned the tech stocks have done well the last year and looks to be good the next year or so because of AI. Cony is okay for the time being becuase of the incómming bullrun and the share price of coin which it track will likely explode in the comming year. Would it then be better to just hold coin. Sure but people of coin/nvdy/amdy etc do it of the massive dividend/distributions right now. Some even try to do the Dividend whell strategy where divdends paid from one ETF is reinvested in another ETF that will pay a dividend a couple of days later and just do this all month. That only seems to work if you hold your stocks in a non-taxable account since the amount of tax you pay will seriously decresed your total return over time.

  • @yossefs
    @yossefs Před 3 měsíci

    Excellent video, thank you.

  • @janscott602
    @janscott602 Před 2 měsíci +1

    I have about 10% of my holdings in YieldMax funds. Since they are spread out I’m not hurting. Overall everything is good.

  • @avinashnarine7070
    @avinashnarine7070 Před 3 měsíci

    Video release 1 min ago; and I feel the heat off this video how new it is..whoot whoot

  • @gregwessels7205
    @gregwessels7205 Před 3 měsíci +1

    So the answer to an eroding nav is a reverse stock split - genius!

  • @TheOriginalLoca007
    @TheOriginalLoca007 Před 3 měsíci +1

    What about QQQY?

  • @expat3572
    @expat3572 Před 3 měsíci +2

    These funds are just fine.
    Uptight guy

  • @Maxx61
    @Maxx61 Před 2 měsíci +2

    As a senior investor coming in for my final approach, dividends are more important to me than the optics I get from logging in to my broker and looking at some arbitrary number in my core account. For me, high yield dividend investing is more about shares than share price. If I receive $15-$20k a month in dividends, do I really give a s*** if my core position... In a worst case scenario, drops 50% in 2 years? When I pass, I expect the wife to continue receiving the very dividends I would have enjoyed, albeit with the revised cost basis.
    When the share price of an ETF falls, they don't come knocking on your door to demand their shares back so as long as those juicy dividends are being paid, I'm not concerned about share price fluctuations.

    • @Ario-yt8ou
      @Ario-yt8ou Před 2 měsíci +2

      Don't the dividends go down eventually if the share price falls?

    • @Maxx61
      @Maxx61 Před 2 měsíci +1

      @@Ario-yt8ou the dividends will vary but I liken a smaller than expected dividend from a yield max ETF to a 2024 Koenigsegg whose top speed has been reduced to "only" 245 mph instead of 290. A 30% yield when the average over the past few months may have been 70% is still light years beyond a 3.8 % yield I would get from XOM. In addition, my budget doesn't require dividend income. That's all play money. If I was an investor living on a fixed income, I would still see this option as better than something giving me four to eight percent yields... It just needs to stick around until I'm in the ground.

    • @Maxx61
      @Maxx61 Před 2 měsíci

      @@Ario-yt8ou The dividend amount will vary from month to month but I liken yield max ETF yields to a 2024 Koenigsegg whose top speed has gone from 290 to "only" 245. Whatever the yield might be for an NVDY or CONY, it sure as hell is going to be larger than the 3.8% I would receive from XOM.
      On a somewhat related matter, at this juncture in my life, I don't require dividend income to survive. So this is all play money for me and as a result, if the dividend goes down more than expected, it just means a few less cheeseburgers for the month.
      If I ever got to the point where I was on a fixed income and required a specific amount of money to survive, these would be the dividend ETFs I would chase because I'm not interested in growth only yields high enough that even when lower than expected for the month, it would still triple or quadruple what I would get from a blue chip paying 4%.
      The only scenario that I would fear would be if the ETFs dissolved and that's not likely because if the companies these ETFs are based around disappear, we've got bigger problems than the stock market.

    • @Maxx61
      @Maxx61 Před měsícem

      @@Ario-yt8ou before acquiring YM ETFs, I factor in a 50% depreciation in the share price and a corresponding decrease in the yield spread out over a specific amount of time and then I determine how long it would take me to reach return of capital when I'm reinvesting 100% of the dividends and in my case, it's less than one year.
      At some point, both share price and dividends will find equilibrium. If I've reached return of capital at that point, every subsequent month of dividends advances my bottom line.
      I'm not In a situation where I require any of my dividends to pay bills. If I was, I would still consider the high yields as a better alternative than the 3.18% I would be getting from XOM for example. Even as a dividend aristocrat, Exxon is a volatile blue chip and can swing from $112 to $98 a share in one month. Therefore, despite dividend depreciation paralleling share price depreciation, these high yield ETF dividends dwarf those more commonly associated with blue chips and as we see with every trading session, there is no guarantee that equities or significantly less volatile ETFs are going to provide capital gains so If I'm going to put my money at risk, I want to at least counter depreciation with yields high enough to keep the playing field level.
      Again, once a return of capital has been reached, even with a dividend drop, the yields will still be significant enough to likely offset any depreciation of share price. Markets can drag prices down but they can also pull prices up.

    • @fr.vincentlehr906
      @fr.vincentlehr906 Před měsícem

      Nailed it! Best answer ever for income investing.

  • @jeffrucks4477
    @jeffrucks4477 Před 3 měsíci +1

    The thing for me is-I would never own tsla,mrna,or any other mag 7 stocks except for NVDA which I do own so for me it is a way to participate in them,get some money,and put it in something else.

  • @turbojeremy13
    @turbojeremy13 Před 3 měsíci +7

    Just sold all my nvdy today. I was way up. Took my profits and ran

    • @mmmyeahh
      @mmmyeahh Před 3 měsíci +2

      Now see that’s how you play it, everyone take note of this.

    • @weirdcherrytasteyuck
      @weirdcherrytasteyuck Před 3 měsíci +2

      @@mmmyeahh dude that's not something mind-blowing... It's what traders do every day.

    • @mmmyeahh
      @mmmyeahh Před 3 měsíci

      @@weirdcherrytasteyuck hah, have you met the average retail trader ? Lol

    • @weirdcherrytasteyuck
      @weirdcherrytasteyuck Před 3 měsíci

      @@mmmyeahh yes I actually did. lol

  • @peterholmes2089
    @peterholmes2089 Před 3 měsíci

    The only one of these I felt comfortable buying was AMZY. Even then it was only a few hundred bucks worth mainly to see how it would work out. So far, it is up by around 16% and dividends on top of that.

  • @thinkpassiv
    @thinkpassiv Před 3 měsíci +1

    Though I agree with some of your analysis, there’s income received which makes up for some loss. Google finance doesn’t show total returns. For example, #nvdy & #cony have decent capital appreciations so far.

  • @EyeOfJanuary
    @EyeOfJanuary Před 3 měsíci

    Seems like a lot of income dividend stocks and ETFs have been failing since last week. My main holding, which was ARCC (10 bucks per share, 33 cent dividend quarterly), got really cut down, and it's not really worth it compared to the main stock.

  • @josephpettit8572
    @josephpettit8572 Před 3 měsíci +1

    I think their ymax fund is probably the safest long term bet. It holds all the funds.

  • @lima4554
    @lima4554 Před 3 měsíci +7

    Please give a talk about QQQY and JEPY, and will be greatly appreciated. Thanks

  • @EntrepreneurInvestor
    @EntrepreneurInvestor Před 3 měsíci +38

    NVDY and CONY both up 68% TOTAL Return. Doesn't seem like they are in trouble! TSLY is another story.

    • @zamin_ali
      @zamin_ali Před 3 měsíci +1

      How much is the underlying stock up on its own in the same time period?

    • @terraslayer6042
      @terraslayer6042 Před 3 měsíci +8

      He's disingenuous, only showing the share price comparison rather than the price with divs. As a dividend investor he should know better.

    • @EntrepreneurInvestor
      @EntrepreneurInvestor Před 3 měsíci

      @@zamin_ali covered call strategy will always underperform the underlying over the long term if the underlying stock rallies higher

    • @mikev9578
      @mikev9578 Před 3 měsíci +3

      He isn’t showing the growth with the dividend effect. Long term, most of these are questionable but you can make a TON of money short term. Just be smart about it

    • @sshumkaer
      @sshumkaer Před 3 měsíci +2

      Point is they will be in trouble

  • @PayMeInDividends
    @PayMeInDividends Před 2 měsíci

    I hold some YMAX shares. Figured it would mitigate some of the risk being that its an ETF within an ETF, of some sort. Hopefully it holds up better than some of the individual plays. We'll see!

  • @cliffistheman
    @cliffistheman Před 28 dny

    No one is a fortune teller.

  • @mikeb61771
    @mikeb61771 Před 2 měsíci

    Set up stop limit order to avoid losses.

  • @baalzhamon8491
    @baalzhamon8491 Před 3 měsíci

    Got a small position in MSFO (the microsoft one), and will just reinvest the dividends into that and see how it turns out. To me, Microsoft seem to be the safest/ most stable of these funds. Still in the green, but it is one of the newest ones so... time will tell how it will go

  • @christmas10023
    @christmas10023 Před 3 měsíci

    NVDY up over 16% today. Why no mention of the YM Fund Managers? Who r they? ps I always sell on announcement of a Reverse Split.

  • @pizza4me298
    @pizza4me298 Před 26 dny

    It is so easy to sell covered calls on good dividend stocks. That alone will give you a nice boost to your income.

  • @thomaskrutulis2289
    @thomaskrutulis2289 Před 3 měsíci +1

    Cony nvdy amdy and sqy all have good potential next 12-18 mos because they are crypto play. And to a degree oark. Oh and now msty which is clearly a crypto play. Halving is coming up and likely the bull run. I think these have a shot to be awesome for 12-18 mos. NFA just my .02

  • @bryana1041
    @bryana1041 Před měsícem +1

    Please don't waste time explaining what an RS is, just add links so that people can check them out if they're interested.

  • @user-bo7yd2hr4e
    @user-bo7yd2hr4e Před 2 měsíci

    Does anyone know what happened to YBRK?

    • @mattjcrane
      @mattjcrane Před měsícem

      I think he said the options premium was too low on that stock percentage wise. So I don’t think he’s gonna do it.

  • @baritony8763
    @baritony8763 Před 3 měsíci +1

    How about QYLD, XYLD and RYLD?

    • @travisweichal242
      @travisweichal242 Před 3 měsíci

      They ok a few youtube vedios on them if using drip best

    • @thedabbler2753
      @thedabbler2753 Před 3 měsíci

      RYLD has been pretty dismal. QYLD recovered some.

  • @mikey20is
    @mikey20is Před 3 měsíci

    wait, a synthetic covered call, is just a call, correct?

    • @VacantMinded
      @VacantMinded Před 3 měsíci

      No, a synthetic covered call in a short simple and overly reductive explanation is this, buy call at X sell put at Y collect premium possibly profit off option timing, all done with cash and not owning the underlying asset.

    • @mikey20is
      @mikey20is Před 3 měsíci

      @@VacantMinded Hey, thanks!

  • @chap00p0070
    @chap00p0070 Před 3 měsíci +1

    I get the need to compare the etf with the actual stock but i dont think thats a fair comparison. Holding the covered call version is a completely different strategy than holding the actual stock.
    Income vs growth. If you wanted max performance go for the actual stock. But most investors who hold the covered call fund just want income.
    Thats like comparing TQQQ and QQQ. They are similar but serve completely different purposes. TQQQ is good for trading in and out and not long term holding, while QQQ is great for long term holding. two completely different strategies.

    • @JoeSoCal2303
      @JoeSoCal2303 Před 3 měsíci

      Spend 10k invested into TSLY, get a 7.5k dividend. Pay 2k in taxes. TSLY stock drops to 4.5k. This is the way.

    • @mattjcrane
      @mattjcrane Před měsícem

      Tqqq is up 13,000 percent since 2010 . Qqq is up 700% since 1999. If you look at it that way tqqq is actually a better long term investment than qqq

  • @jackreacher112
    @jackreacher112 Před 3 měsíci +1

    ****CZcams****** - can you guys please get rid of the robots ruining the comments section with their fake promotions and lying sales pitches for certain scammers that are to cheap to pay for advertizing and use fake robots instead of real people ????!!!!

  • @BuceGar
    @BuceGar Před 3 měsíci +9

    Yeah, I noticed when TSLA dropped TSLY fell through the floor. These "funds" are simply get in, get fees, then get out.

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci +4

      You looked at one fund and came to that conclusion .... QYLD almost 10 years later still creates income. Im slowly learning to not listen to CZcamsrs lmao pure entertainment

    • @BuceGar
      @BuceGar Před 3 měsíci +1

      @@AntBoogieWorld If the thing the covered call ETF is tracking loses 20% of it's value, and the ETF loses 50%, and when the underlying asset recovers almost all it's value, but the ETF only recovers 30%, then it's pretty simple. It's a dog and is hemorrhaging your principal faster than the dividend could possibly compensate you for that loss, but you also apparently don't understand why these types of ETFs are created in the first place, because the issuer can make money off you. That's all that matters to them, it is YOUR responsibility to make money for yourself and they've already figured out how to make money off dupes like you.

    • @wewhoareabouttodiesaluteyo9303
      @wewhoareabouttodiesaluteyo9303 Před 3 měsíci

      @@BuceGar TSLY does not "track" TSLA.

    • @BuceGar
      @BuceGar Před 3 měsíci

      @@wewhoareabouttodiesaluteyo9303 Ok, keep buying as much of it as you can then.

    • @terraslayer6042
      @terraslayer6042 Před 3 měsíci +1

      You are absolutely wrong, because TSLY has fallen LESS than TSLA due to the option premium they get each week.

  • @Whoisbu89
    @Whoisbu89 Před měsícem

    Only YM fund I would get into would be YMAX. Get them all in one etf. Just by that I would think it would be way more stable.

  • @samuledarconi2927
    @samuledarconi2927 Před 3 měsíci

    If it's too good to be true..........

  • @mossroks
    @mossroks Před 3 měsíci +1

    Dont buy something you don't know. Do your own research. All of the trades these ETFs make are public and on their website. TSLY is main one thats been struggling and a reverse split isn't good news but its not the end of the stock. CONY and NVDY have been killing it recently. The divis on these are amazing. I doubt im going to hold them for 10+ years but right now I'm all in on these

  • @interview8203
    @interview8203 Před 3 měsíci +4

    YTSL in Canada way better

    • @mmmyeahh
      @mmmyeahh Před 3 měsíci

      Hell yeah , love that fund

    • @TheEndsJustifyTheMemes
      @TheEndsJustifyTheMemes Před 3 měsíci +1

      Genuinely impressed with Purpose's CC ETFs in general. Check out their price vs the underlying stock, not to mention their yields have been steady and consistently going up.

    • @rogerbudgell4226
      @rogerbudgell4226 Před 3 měsíci

      I agree, big position in YTSL 😊

  • @peoriaos6627
    @peoriaos6627 Před 3 měsíci

    They do well when the associated stock is rapidly increasing. But when it goes down, they get hit hard.

  • @AngelRodriguez-dz8yd
    @AngelRodriguez-dz8yd Před 3 měsíci

    I mean, can't you just sell NVDY calls, buy NVDY
    puts, and accumulate NVDY shares as NVDY crashes when NVDA goes down?

  • @grind4yokes329
    @grind4yokes329 Před 3 měsíci +1

    They all look tempting idk tho I've stayed far away from them....I'm watching cony from the sidelines

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      You should get into it before April.

    • @grind4yokes329
      @grind4yokes329 Před 3 měsíci

      @Kinosis79 before the halving right? I agree.....crypto is gonna go crazy this year and next....I think Cony will ride the wave

  • @MarkWilliams-ix1qf
    @MarkWilliams-ix1qf Před 3 měsíci

    You should not expect these Yieldmax ETFs to grow in value. People sell them on the ExD date, which drives them down in price by an amount related to the size of the payout. They open at $20, but can go up or down depending on investor sentiment. TSLA is down, so TSLY is down. NVDY is up because NVDA is up, as is CONY. The point is they will erode in price over time due to payouts which reduce Net Asset Value each month. I predict NVDY and CONY will fall in March on the ExD date, by the amount of the dividend, approximately. No, they are not growth stocks. They are income stocks, but not if you have to sell them at a loss. Then the net yield is the stock price loss plus the dividends paid, and could be very low. The operating expense ratio is high: 0.99%, which reduces yield too. All in all, you may actually lose money on them.

  • @kaymish6178
    @kaymish6178 Před 3 měsíci

    I put $100 into TSLY to keep me interested in it. It has paid my money back so far, but I don't think I want to be dripping into it or putting any more money in. I think i will just let it pay out what it pays out and put the money into other things.

  • @kevinejohnathancueva-llano7076

    The other funds are decently managed. TSLY is the only one that is heavily abused because it’s to volatile and TSLY it’s self trades in 3mill shares while the others don’t.

  • @justorion1098
    @justorion1098 Před 3 měsíci +1

    When ARR did its reverse split, I saw it as my opportunity to cash out. Fortunately, the price jumped up briefly and I was able to break even. When you see a company doing a reverse split, it's a bad sign.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +1

      With a stock yes, with these ETFs it's just optics. It literally changes nothing. It's amazing people who don't understand these ETFs keep putting out such terrible information.

    • @weirdcherrytasteyuck
      @weirdcherrytasteyuck Před 3 měsíci +2

      @@Kinosis79 but the fact is TSLY and TSLA performed very poorly and that's why YM have to do reverse split. duh. Plus, YM want us all to capture 100% of the fall, but us won't capture all of the gain if underlying stock rise quickly. Therefore, I'm out.

    • @kevinjackson7670
      @kevinjackson7670 Před 3 měsíci +1

      Tsla isn't goin anywhere soon

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      ​@@weirdcherrytasteyuckhe's a drone

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +1

      @@weirdcherrytasteyuck That has nothing to do with what he said. Duh. I don't care if you are out. From your comments you don't know anything. They also don't capture all the downside. You don't know what you are talking about.

  • @user-bk7to8dr9g
    @user-bk7to8dr9g Před 3 měsíci +2

    This video is kinda bad. I enjoyed a lot of your stuff but it’s not accurate. When measuring TSLY to TSLA you should put total dividends received into total return. These funds aren’t the same as junk REITs because they have much higher yields. You think a 75% yield is risky but that’s options not REITs. Hate seeing you bash something so great. Your vids helped me learn a lot but now the student has become the master and I must say goodbye to you.

  • @rockystaatz521
    @rockystaatz521 Před 3 měsíci

    I got involved even though I don’t like the idea

  • @josephiroth89
    @josephiroth89 Před 3 měsíci +2

    Buy shares in yield max etfs, use yield to buy puts. (Don’t actually do this)

  • @crazywaffleking
    @crazywaffleking Před 3 měsíci

    I think it is crazy not to be in crypto right now. I bought the spot bitcoin etf arkb at $43 and it is trading around $62 right now. Sitting out the bitcoin bull run leading up to the halving is crazy.

  • @journeylife7491
    @journeylife7491 Před 2 měsíci

    If you are good at timing the market, then do it. But, if you are not goo at that, then don't do it.

  • @oleboy4332
    @oleboy4332 Před 3 měsíci

    Just want income, and I’m diversified with a huge portfolio of dividend stocks

  • @daninspiration4064
    @daninspiration4064 Před 3 měsíci

    Those max funds guy are smart they charge 1% to manage funds so they get about 6-7 million. If stocks goes up we’re both happy. If it goes down then we are sad, they remain happy. This fund sucks I got tricked into buying 400 shares. Now Gotta hold And but reinvest

  • @kelvinjohnson4
    @kelvinjohnson4 Před 3 měsíci +3

    Concluding 2023 with a 20% decline in the S&P 500, long-term investors find a promising entry into 2024. Noteworthy ETFs include: $VOO for S&P 500, $VTI for total US market, $QQQ for tech growth, and $SCHD for growth with dividends. Calculating my annual dividends, I'm thankful for $167k-attributing it to discipline and focus.

    • @halimatanko7538
      @halimatanko7538 Před 3 měsíci +4

      In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.

    • @LionTowercoporation
      @LionTowercoporation Před 3 měsíci +4

      Seeking advice on dependable monthly investment options. My goal is to eventually enhance my work income with consistent monthly returns from investments, alongside my long-term investment strategy, for a supplementary monthly income.

    • @RichardBayer
      @RichardBayer Před 3 měsíci +3

      @@LionTowercoporation How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @LionTowercoporation
      @LionTowercoporation Před 3 měsíci +4

      Finding financial advisors like Aileen Gertrude Tippy who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

    • @RichardBayer
      @RichardBayer Před 3 měsíci +2

      @@LionTowercoporation Thank you for this tip. It was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.

  • @604nation
    @604nation Před 3 měsíci

    TSLY is the worst performing in the YM etfs - the issue is that the NAV erosion and the downside capture where there is limited upside capture….these are not intended to be core positions for any portfolio and retail investors should understand what they are buying

  • @Disneymagic24
    @Disneymagic24 Před 3 měsíci +3

    i was in tsly and got out when they announced the reverse split . YMAX might not be too too bad since its combined of all the yieldmax funds

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +1

      The reverse split is just optics. Literally nothing changed.

    • @ammarnapata2193
      @ammarnapata2193 Před 3 měsíci

      @@Kinosis79your cost basis per share price will double. Thats not good the RS allows room for more downward trend. You better hope this fund goes up after RS up $30+ a share the only way I this looking good

  • @ifern4545
    @ifern4545 Před 3 měsíci

    NVDY and CONY are both in green + divs. TSLY is dragging because TSLA is tanking, just matter of time.

  • @Patienceiskey2030ETH
    @Patienceiskey2030ETH Před 3 měsíci

    Why hold for appreciation ?
    Buy on ex-date collect dividend and sell entire holding

    • @stinkfinger8700
      @stinkfinger8700 Před 3 měsíci +1

      AHA!! the infamous buy high,sell low strategy. take january- you buy it the day before at 11.50, next day it ex-div's at 10.95- cool collected 55 cents div. sell it next businees day for 11.00. lose 50 cents a share in price- but i made 5 cents a share you say.cool. but you didnt take into account the ordinary tax of at least 10% you'll pay on that div. so no, you dont make money doing it that way

    • @frankcfv4643
      @frankcfv4643 Před 3 měsíci +1

      Buy on declaration date. As soon as the payouts are announced, targeting the payout you want. Sell day after Ex-Dividend. The ex-dividend date for stocks is usually set one business day before the record date. If you purchase a stock on its ex-dividend date or after, you will not receive the next dividend payment.

  • @AntBoogieWorld
    @AntBoogieWorld Před 3 měsíci

    NVDY has been killing it. These funds are for income if you want to get income started use these and then take the money and keep using it to grow. way to many comments make it complex lol

  • @krisclements6040
    @krisclements6040 Před 3 měsíci +4

    Seeing how it’s Tesla and one of the largest companies in the world and it has so much opportunity to grow in the next 10 to 15 years don’t you see this as still a Stock that still has tons of potential. I personally have 500 of TSL way and will be rolling with the ups and downs because I see too much potential in Tesla as a company.

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci +1

      Listen keep getting more shares because this is for income QYLD is still here so yield max will be around

    • @krisclements6040
      @krisclements6040 Před 3 měsíci +1

      @@AntBoogieWorld I’m all about diversity. I have a 500 shares rule for any stock. A friend who works at TD bank told me ‘greedy pigs gets slaughtered’. So that’s how I role. Best of luck to you in your passive income journey

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci

      I dont listen to friends I listen to my gut when it comes to MY money but if that works for you sure.. @@krisclements6040

  • @powerhouse884
    @powerhouse884 Před 3 měsíci +2

    I find it disingenuous that you decided to call them NOT a good investment cuz one of them performed badly due to their underlying stock.
    Sure let’s ignore Elon’s erratic behavior during that time and the fact that Tesla FAILED their QE 3 times in a row.
    The YM strategy is not new, its just been open to more people and just the ELITES like many stock brokers use to do since it requires a lot of money to work with. Also, you completely ignored YMAX and YMAG which do not invest in just 1 underlying stock and they are more traditional ETFs that have a conglomerate of companies under it.

  • @hansolyoon1074
    @hansolyoon1074 Před 2 měsíci

    Oof, i cant even begin to understand these yieldmax etfs... Complicated financial instruments

  • @freeagent.87
    @freeagent.87 Před 3 měsíci +3

    As long as there's volatility in the stock they track then the yield will continue to be worth it. Your cost basis will eventually be 0 on these sooner rather than later

  • @Utsu-P_Enjoyer
    @Utsu-P_Enjoyer Před 3 měsíci

    I really like the Yieldmax ETFs, I hold 6 of them and am only down 2 of them by a small percentage, but I agree that these etfs are best held for around 2 maybe 3 Years at most to capture maximum profit. as long as the yields stay high I will continue to hold but these definitely arent you're grandpa's blue chip divvy stock,.

  • @joannapatterson4625
    @joannapatterson4625 Před 3 měsíci +2

    I bought CONY at 19 dollars. Rode it to 31.50. Sold 3x for profit until then.
    NVDY I’ve owned since day one. Made great money with divs and capital appreciation.
    I’ve owned TSLY for a year. I broke even with TSLY. I haven’t bought TSLY for many months.
    It all depends when you got in and which YM funds you bought.

  • @keithdavis5666
    @keithdavis5666 Před 3 měsíci

    You best know what you are doing with these! The wrong way (most) A nose dive off the high dive! (A few splits down the road) the right way: A prepaid game changing income stream that has a tendency to decrease over time, with a 0% chance of a loss.

  • @ThinkerT
    @ThinkerT Před 3 měsíci +3

    NVDY just hit an all time high...
    They're obviously risky, given the reward, but the ones that have solid underpinning assets (MSFO, DISO, etc) have been doing fine. And I'm sorry, if people haven't seen the risk with Tesla and Coinbase coming they're not really paying attention.
    I think the biggest risk is an entire market extreme downturn, which is fair, so I agree that these aren't good buy-and-hold assets. These are constant monitoring get out fast based on the underlying asset if needed holdings. (This is not financial advice.)

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci +2

      Im so confused why so many people use these the wrong way. YOU suppose to buy hold and keep that income growing !!! use money you dont need to generate cash.. then use that cash to buy stuff you want to grow .. INSTEAD of years of adding your own money 💰 💰 💰 💰

    • @VacantMinded
      @VacantMinded Před 3 měsíci

      @@AntBoogieWorld Absolutely, I love using their dividends for VOO and blue chip dividend stocks and then loading up on more shares after a day where it violently swings down, lower cost basis by a lot and boost income, because of this I am up on dividends AND share price with CONY and nearly break even on share price with TSLY while having the dividends push me into green.

  • @Greenmick6982
    @Greenmick6982 Před 3 měsíci +1

    Ive invested in YieldMax ETFs, but the nav erosion writing was always on the wall, making them a poor long term hold even with the T-bills. I simply used and use their high yield to fund the wheel strategy several times a month and invest in other, more stable vehicles like JEPI, JEPQ, SCHD and others with house money (I get the tax implications). Collect all the apples on the way downt the tree. Who knows, maybe they'll bounce?

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      Your not making house money

    • @Greenmick6982
      @Greenmick6982 Před 3 měsíci +1

      @@sshumkaer Disagree. I’m using the distributions from the YiledMax ETFs not to drip into a sinking ship, but it focus on other more stable and successful investments that will pay me less volatile earnings over time. Using passive income to invest in other vehicles that then pay me throughout the month/year so the snowball goes into effect.
      Explain how this is a bad plan?

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      @@Greenmick6982 Moving money around isn't keeping you from suffering losses. I used to think the same thing 1 year ago

  • @Apeiron242
    @Apeiron242 Před 3 měsíci +3

    That whole company seems like a scam.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      Because you don't understand them and listen to clowns like this who lie to you.

  • @theocratickingdom30
    @theocratickingdom30 Před 3 měsíci +3

    These are advanced funds. If you know how to use them, they can be a great tool to boost your dividends. They are not a buy and hold investment. Also, I like DB. He got me into investing. But, this was an inaccurate assessment of what happened with TSLY. And, I say that as someone who doesn't think TSLY is a good investment.

    • @f.w.1318
      @f.w.1318 Před 3 měsíci +1

      You are correct DB is comparing a single stock company to an ETF, two different mechanisms going on here since one is an actual company, and the other is a synthetic capture on stock where the price is in a bracket that only has anywhere from a 3 to 5 percent upside capture for max profit in the options placed with in the synthetic. I don’t think he actually knows how to play these funds or how the functions works to generate income.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +1

      @@f.w.1318 He clearly doesn't and should stop putting out false information. It's okay to be ignorant about something, it's not okay to lie to people or put out false information.

  • @sshlubb243
    @sshlubb243 Před měsícem

    Not always does the dividend double...if a company reverse splits its shares...Run...

  • @CarlDi3trich
    @CarlDi3trich Před 3 měsíci +4

    Holding for 3-4 years looks to be the maximum. The stock will pay for itself, in theory, in 2 years ( TSLY at least ).

    • @Rick-sf7zl
      @Rick-sf7zl Před 3 měsíci +3

      You hold it that long and get back to us

    • @sshumkaer
      @sshumkaer Před 3 měsíci +1

      ​@Rick-sf7zl lol wtf, this is so true. These guys can't seem to understand that a loss is loss no matter if your talking total return.

    • @sshumkaer
      @sshumkaer Před 3 měsíci

      A loss is a loss, you hold it that long and get back to me, I'll give you my number and email.

  • @TerracottaPie1987
    @TerracottaPie1987 Před 3 měsíci +1

    Who could have seen that coming?

  • @TortoiseInvesting
    @TortoiseInvesting Před 3 měsíci +4

    YieldMax idea is terrifying. As you stated to do a reverse split this quickly is an awful sign.

    • @MuzixMaker
      @MuzixMaker Před 3 měsíci +2

      The underlying dropped 100% before slowly climbing back up. Meh.

    • @mariex800
      @mariex800 Před 3 měsíci

      Can't disagree :)

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      🤦‍♂

  • @Daniyoyo
    @Daniyoyo Před 2 měsíci

    No total return in your analysis 🧐

  • @townebarbers9068
    @townebarbers9068 Před 2 měsíci +2

    mr negitive

  • @Ciborium
    @Ciborium Před 3 měsíci

    This is why I have not touched any of these funds, and even got out of the Global X funds. The NAV only goes down with very little upside.

  • @buyerclub2
    @buyerclub2 Před 2 měsíci +1

    The "Y" stands for "yall going to lose money if you put money in these".

  • @Kinosis79
    @Kinosis79 Před 3 měsíci +6

    One of the worst videos I have seen. The dividend has been dropping...because TSLA has been dropping. Then you compare apples and oranges with Yieldmax ETFs and a stock. You shouldn't even talk about these since you don't understand them.

    • @weirdcherrytasteyuck
      @weirdcherrytasteyuck Před 3 měsíci

      ah, its tsly cult talking point again lol.

    • @edwardadler1972
      @edwardadler1972 Před 3 měsíci

      I can't complain. I own shares in all of these YieldMax stocks, and have been earning profits in all of them. By cross dividend profit sharing investing across the board, my shares are all below the current market prices, so can be sold for profit at any time. The promotor of this video claims how terrible these stocks are. Well, I purchased NVDY at $21, and it is nearly $29 now per share.

  • @richardm654
    @richardm654 Před 3 měsíci +1

    When the bitcoin and nvda bubble mania pops, cony and nvdy will crash hard.

  • @sunlite9759
    @sunlite9759 Před 3 měsíci

    The old adage applies. Buy Yieldmax low sell high.

  • @terraslayer6042
    @terraslayer6042 Před 3 měsíci +5

    Another disingenuous video, only comparing the SHARE PRICE, in a DIVIDEND ETF.
    Imagine comparing JEPI with the SPX, and saying it sucks because it's only up 3% vs 24% on the SPX... 🤡
    You call yourself a dividend investor, you should know better. Come on bro, do better!

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +2

      It would be nice if he would at least be honest with the information. Does SCHD pay this dude to do hit videos? How's MPW doing? He has tons of that, but I guess it's safe 😆

    • @ammarnapata2193
      @ammarnapata2193 Před 3 měsíci

      hows that cost basis?

    • @terraslayer6042
      @terraslayer6042 Před 3 měsíci

      @@ammarnapata2193 my cost basis is at $8.99. Thank you very much. 🤑

  • @robertsmith6408
    @robertsmith6408 Před 3 měsíci

    Depends how low you bought in and are you willing to hold it long enough for the amount of your divs go over the price of the NAV erosion. When Tesla returns to 300 the share price should be around 36 bucks a share after the split price of course. Even with NAV erosion i am still up 15,000 in divs collected, I am just going to hold, again Tesla will rise again!

  • @stevenporter9114
    @stevenporter9114 Před 3 měsíci

    wow you really have no idea what you are talking about. I read several of the posts on here that have people saying how happy they are about the information you have put out in your video. What they don't understand is that you have no idea what you are talking about. Covered Call ETF's don't work like other stocks. YM has said since the beginning that if a stock drops below $10 a share that they would do a reverse stock split. It has 0 to do with that YM stock being in trouble. Please with almost 200K followers know what you are talking about before you put out a false video. Thank You

  • @brianciofani4698
    @brianciofani4698 Před 3 měsíci

    It's like they didn't backtest any of these funds like a 5 sub youtuber would do.

  • @williampatterson6224
    @williampatterson6224 Před měsícem

    lol more haters

  • @markferrell2269
    @markferrell2269 Před 3 měsíci +1

    The only way to play these is literally timing the market you have to buy in or near the bottom and collect dividends on the way up

    • @f.w.1318
      @f.w.1318 Před 3 měsíci

      That’s why it’s important to own the underlying stock if anything at least one share, so when it dips you can pick up them at low validations and post ex div date.

    • @GrandPrix46
      @GrandPrix46 Před 3 měsíci

      The problem is, they don't really go up.

    • @mariex800
      @mariex800 Před 3 měsíci

      Good luck!

    • @f.w.1318
      @f.w.1318 Před 3 měsíci

      @@GrandPrix46 they are not designed too, if the call option is anywhere from 3 to 5 percent, out of the money, and the stock shoots 15% percent you will not capture that. YM offers funds where they have long synthetic capture just look at Aply, good capture, but not much Implied Volatility (IV), so your returns div returns are lower. 17is dollar stock returning .25 div. nah not worth it. Its good to have as rotational etf since its not going to fluctuate in price, once your green on it, or captured your return of capital, sell it and go into another one

    • @markferrell2269
      @markferrell2269 Před 2 měsíci

      ​@@GrandPrix46depends on when you bought in

  • @twd949
    @twd949 Před 3 měsíci +1

    Yup, like most I looked into these stocks when NVDY and TSLY was released. It seems to attract a lot of people who believe 20k at the age of 60 will carry them through retirement. It's the fuck I didn't get my homework done, so I will just do it 5 min before class version of retirement.

    • @AntBoogieWorld
      @AntBoogieWorld Před 3 měsíci +3

      I disagree.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci +1

      @@AntBoogieWorld Yup, he has no clue what he is talking about.

  • @tonycrabtree3416
    @tonycrabtree3416 Před 3 měsíci

    A reverse split this quickly is not good at all.

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      It doesn't matter at all.

    • @tonycrabtree3416
      @tonycrabtree3416 Před 3 měsíci

      @@Kinosis79 It matters 100%. 🤣🤣🤣

    • @Kinosis79
      @Kinosis79 Před 3 měsíci

      @@tonycrabtree3416 Great, explain how. Explain how anything changed. I'll wait.