Collect A 40% Dividend Yield And Get Paid Weekly From This ETF

Generate Cash Flow While Outperforming The S&P 500

In my portfolio, the wheel strategy is a core method for generating consistent cash flow. By selling cash-secured puts to enter positions and writing covered calls to collect premiums on held shares, I can extract value from market volatility regardless of price direction. However, running the wheel on high-priced technology giants like Meta Platforms META 0.00%↑ or Microsoft MSFT 0.00%↑ requires substantial capital and constant management. For many investors, the barrier to entry for these “Mag 7” names is high, and the time required to manage multiple option chains can be a significant hurdle.

This is why I also use a ton of different high yield assets to generate income. The strategy is summed up as:

Use Margin → Buy income stocks → Reinvest into growth

This is how I’ve been able to outperform the markets while also generating over $41,000 in annual dividend income.

Screenshot From The Yieldly Dashboard. Paid Subs Get Access.

I monitor all high yield funds daily and track their performance. You can eliminate the guesswork by accessing the high yield database. All of these high yield funds are ranked by quality.

I wanted to highlight a special fund today. Here are some of the traits:

1. Offers direct exposure to the highest quality technology companies in the world.

2. Has a 40% dividend yield!

3. Participates in AI growth.

4. Tax-Efficient Dividend Income.

5. Pays a dividend WEEKLY.

6. Outperforms against the S&P 500.

The best part? No NAV erosion (as long as markets are trending higher). So I wanted to share some of the details of this fund and why I may be starting a position soon.

If you’re interested in learning more about this fund, please consider subscribing!

For reference, I previously covered another 40% yielding ETF. Since then, it is now up more than 40% in about 30 days. However, the fund I will be highlighting today is a bit better because it offers more diversity.

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Fund Strategy: Direct Equity and Active Overlays

The fund I am highlighting is the: