The only Yield Max fund I currently own is CHPY. The rest of my funds are from Rex Shares, Kurv, and Roundhill. I did very well last year and am so far on track to beat the market again this year (we will see if I do it again). I think that the structure of the single stock YM funds are somewhat problematic. Less consequential in a Roth IRA, but quite devastating in a taxable account if things go bad. The risk-return proposition on the single stock ETFs are not favorable. I will say, however, that their target products are interesting.
The only Yield Max fund I currently own is CHPY. The rest of my funds are from Rex Shares, Kurv, and Roundhill. I did very well last year and am so far on track to beat the market again this year (we will see if I do it again). I think that the structure of the single stock YM funds are somewhat problematic. Less consequential in a Roth IRA, but quite devastating in a taxable account if things go bad. The risk-return proposition on the single stock ETFs are not favorable. I will say, however, that their target products are interesting.
and CHPY has done well because 1) it actually holds the underlying and 2) the yield isn't generous! So great pick!
I totally agree - the single stock holdings can be hit or miss.
Great article! How do you see the comparison on seeking alpha for change in price and total return?
Thanks for reading! So the screenshots I posted can only be utilized by writers on Seeking alpha. However you can still see the breakdown!
Search up the ticker you'd like and then go to the 'Charting' tab.
Then click 'select metrics' - > Performance -> check total return.
Thank you!
Nice! I really like what your newsletter is about, your work deserve more visibility
Thank you so much for the kind words! I appreciate you taking the time to read!