Sounds too good to be true. What's biz' take on these?
They are retardedhttps://www.youtube.com/watch?v=wFIyTqZNkhE
>>61001728IQ test
>>61001737>>61001745Good stuff. Still trying to wrap my head around the fact that drip reinvestments won't recover the NAV depreciation
But it doesn’t say why these funds underperform the underlying. “Volatility” Don’t the options strategies hedge that?
What is the genuine /biz/ take on KLAR?Bull:>Americans will finance literally anything they can get approved for rather than allow their standard of living to drop 1% in quality >pain is on its way and more people will need to can kick >pain would kick down more customers use them who are actually dispositionaly capable of paying back loansBear>a lot of ppl are already failing to pay the money back>insiders at all levels sold a lot during the ipo >CC companies can just do the same thing and are working on doing so
>>61001728roundhill weeklypay uses total return swaps and 20% leverage. they perform roughly the same as the underlying considering total return. Kurv and NEOS have good options as well, but they have relatively lower yields.>>61001823if you use an options strategy close to the money for the highest yield, you frequently lose on those bets because you lose upside on covered calls or lose on put spreads. that adds up over time. if you use far out of the money options, then the yield is much lower but you lose less often. you can get close to matching the underlying performance, but the yield is going to be less than 15%.
crabmax
Every Yieldmax ETF pays the majority of dividends from the funds investment capitol. The only way that is sustainable is if there is enough of a constant influx of new investor money to keep the assets owned from shrinking. They aren't paying 60-120% dividends from profits, they are just giving investors their own money back while creating a tax liability on the returned money.If it wasn't an ETF, it would be called a Pyramid Scheme.
