What do you think about the Power Rankings? Any you would rank higher or lower? Any I missed? Talk with other Dividend Investors: discord.gg/AasPBy3Kky
Great overview, thank you. GPIX/GPIQ looks very interesting. I'm very close to retiring and stopping my reinvestments (DRIPs) in the next few months. Guys and Gals, it really does pay off. I started my investing journey when I was very young (20'ish), but I didn't really take it seriously until my mid-30s. I'm 55 now and plan on living the fat fire lifestyle. A combination of growth and income funds/stocks is key. My early investing favs were/are VGT, VOO, VIG, and VYM; a good 70% in all. The 30% make-up approximately 25 quality companies such as AMZN, META, PEP, XOM, CAT, O, AVGO, etc. Enjoy life, but don't forget to put away around 15-20% of your salary, if possible. Start where you can and increase if you can afford to. It can be done off of an avg salary here in the good ol' USA. May God also bless each and every one of you. And, don't let the markets ups and downs bother you. It's just how this game is played. Stay the course.
I am one of those high dividend investors. I don't agree with everything you say, but I appreciate your perspective and I appreciate you sincerely covering this space and telling us about alternative investments.
Hello - just to be clear there is a difference between high yield dividend investing vs high yield dibadend investing. One is actually looking at fundamentals and balancing risk vs reward in calculated manner. Then there is high yield dibadend warriros who think they will retire by the end of the year just buying the highest yielding products with no regard for fundamentals
@citizenoftheyearCC I like ULTY (I don't like the current underlying but I think their new strategy will pan out long term) and FIAT (because I think crypto is worthless as an investment) and I mainly have Roundhill funds as my core, but I'm aware that I'll have to re invest some dividends after taxes when I retire. So, I guess I'm not a dibadend investor since I know what I'm getting and how I'm going to have to manage it in order to keep the investment viable.
Thanks for your research and videos. My fav holdings are GPIX, SPYI and a small allocation to XDTE. Even though those funds all track the S&P 500 they have different options strategies.
Kudos to you for trying to educate the dibadend warriors out there! And thanks for bringing my attention to TDVI. I had never heard of this litttle fund before, but on a total return basis, it has outperformed every covered call fund on this list, including #1 GPIX/GPIQ. Another commenter mentioned RDVI from the same managers snd it also looks interesting to me. I will monitor these for sure.
TDVI is the pseduo underlying fund for TDIV. I like RDVI, which is the covered call version of RDVY. RDVI invests in Nasdaq companies with rising dividends with covered calls on the S&P 500. RDVI yields about 8%, but does not greatly underperform RDVY. RDVI has experienced NAV appreciation. More importantly, RDVI has little overlap with SCHD, JEPI, and JEPQ. RDVI's sister fund, SDVD (small to mid cap dividend growth stocks with covered calls on the Russell 2000), which also yields about 8% and has experienced NAV appreciation would be great too, if it had more liquidity. Although TDVI, TDIV, RDVI, RDVY, and SDVD have high expense ratios, but sometimes this is the cost of investing in specific spaces in the stock market. At least, these funds have produced competitive positive total returns. Frugal J
TDVI, RDVI, and SDVD are great funds. They track their respective underlying very well. These funds have a high expense ratio and not very liquid. I think if they lower their expense ratios then more people would buy them.
@@citizenoftheyearCC Like what Mengkham said, if First Trust could lower their fees for all their funds, then more people would buy them. Even though First Trust has been around a long time, it's hard for First Trust to compete against big ETF issuers like Blackrock, State Street, and Vanguard. I guess First Trust's edge is serving niche markets. Frugal J
I think ISPY and GPIX should be the best dual, xdte and qdte are super high yields but once mkt crash, their deep in the money leap call would be killed.......
It's all good - life is a good teacher. You are bold for admitting it. It is never too late, IRS does allow a certain amount of losses each year to be deducted from taxes.
@@citizenoftheyearCC FEPI writes it's covered calls only slightly out of the money, which leaves little room for capital appreciation. As evidence, look at the 1 year PRICE HISTORY of FEPI vs. the NASDAQ. FEPI is flat for the year, while the NASDAQ has appreciated 35%. If FEPI can't grow it's share price in a raging tech bull market, what do you think is going to happen to FEPI when it eventually sees it's first bear market? Hint: it will drop like a rock, and not be able to recover it's share price due to the way it structures it's covered calls. This will lead to the dreaded NAV EROSION, loss of seed capital, and dividend reductions. FEPI is basically just another QYLD, but only with a higher sucker yield, and a different wrapper. FEPI investors don't realize the hidden danger in a fund like this, and that's why it's not deserving of your #3 spot.
FEPI doesn't track the NASDAQ though its just 15 companies. Yea maybe it will have NAV erosion during the next market down turn, I didn't realize the Calls were only a little OTM. 25% yield after 1 year is still pretty good for pure incum.
@citizenoftheyearCC the 1st distribution announcement under new management is 10/22. They are charging the same .68 fee as SPYI QQQI and IWMI. This suggests to me, they are Targeting North of 1% a month. I suspect the share price will make a jump.
I was watching their live stream today and they again said you can't buy these funds if you don't believe. As if believing any harder impacts the share price lol
![YoungBoy Never Broke Again - Catch Me [Official Video]](http://i.ytimg.com/vi/KxwEXXFQMTY/mqdefault.jpg)
What do you think about the Power Rankings? Any you would rank higher or lower? Any I missed?
Talk with other Dividend Investors: discord.gg/AasPBy3Kky
Love this series! I look forward to it every month.
Appreciate the kind words - I will keep the series going if people like it!
Great overview, thank you. GPIX/GPIQ looks very interesting. I'm very close to retiring and stopping my reinvestments (DRIPs) in the next few months. Guys and Gals, it really does pay off. I started my investing journey when I was very young (20'ish), but I didn't really take it seriously until my mid-30s. I'm 55 now and plan on living the fat fire lifestyle. A combination of growth and income funds/stocks is key. My early investing favs were/are VGT, VOO, VIG, and VYM; a good 70% in all. The 30% make-up approximately 25 quality companies such as AMZN, META, PEP, XOM, CAT, O, AVGO, etc. Enjoy life, but don't forget to put away around 15-20% of your salary, if possible. Start where you can and increase if you can afford to. It can be done off of an avg salary here in the good ol' USA. May God also bless each and every one of you. And, don't let the markets ups and downs bother you. It's just how this game is played. Stay the course.
👍
I am one of those high dividend investors.
I don't agree with everything you say, but I appreciate your perspective and I appreciate you sincerely covering this space and telling us about alternative investments.
Hello - just to be clear there is a difference between high yield dividend investing vs high yield dibadend investing. One is actually looking at fundamentals and balancing risk vs reward in calculated manner. Then there is high yield dibadend warriros who think they will retire by the end of the year just buying the highest yielding products with no regard for fundamentals
@citizenoftheyearCC I like ULTY (I don't like the current underlying but I think their new strategy will pan out long term) and FIAT (because I think crypto is worthless as an investment) and I mainly have Roundhill funds as my core, but I'm aware that I'll have to re invest some dividends after taxes when I retire. So, I guess I'm not a dibadend investor since I know what I'm getting and how I'm going to have to manage it in order to keep the investment viable.
Thanks for your research and videos. My fav holdings are GPIX, SPYI and a small allocation to XDTE. Even though those funds all track the S&P 500 they have different options strategies.
Thank you. Nice to hear different view points.
Kudos to you for trying to educate the dibadend warriors out there! And thanks for bringing my attention to TDVI. I had never heard of this litttle fund before, but on a total return basis, it has outperformed every covered call fund on this list, including #1 GPIX/GPIQ. Another commenter mentioned RDVI from the same managers snd it also looks interesting to me. I will monitor these for sure.
It's hard to educate them, cause they know the least but make the loudest noise
Love your take on the market
Appreciate it James! This is why I’ve been able to beat the market for so many years!
TDVI is the pseduo underlying fund for TDIV.
I like RDVI, which is the covered call version of RDVY.
RDVI invests in Nasdaq companies with rising dividends with covered calls on the S&P 500.
RDVI yields about 8%, but does not greatly underperform RDVY.
RDVI has experienced NAV appreciation.
More importantly, RDVI has little overlap with SCHD, JEPI, and JEPQ.
RDVI's sister fund, SDVD (small to mid cap dividend growth stocks with covered calls on the Russell 2000), which also yields about 8% and has experienced NAV appreciation would be great too, if it had more liquidity.
Although TDVI, TDIV, RDVI, RDVY, and SDVD have high expense ratios, but sometimes this is the cost of investing in specific spaces in the stock market. At least, these funds have produced competitive positive total returns.
Frugal J
TDVI, RDVI, and SDVD are great funds. They track their respective underlying very well. These funds have a high expense ratio and not very liquid. I think if they lower their expense ratios then more people would buy them.
Haha wow what are the chances of that! Thanks for all that info!
@@citizenoftheyearCC Like what Mengkham said, if First Trust could lower their fees for all their funds, then more people would buy them.
Even though First Trust has been around a long time, it's hard for First Trust to compete against big ETF issuers like Blackrock, State Street, and Vanguard. I guess First Trust's edge is serving niche markets.
Frugal J
I think ISPY and GPIX should be the best dual, xdte and qdte are super high yields but once mkt crash, their deep in the money leap call would be killed.......
Nice job with a good sense of humor
Thank you thats what I try to bring into these videos not exactly the most fun topics lol
Now up $190 on qdte 😂
Good stuff =]
q/x/dte should be doing fine though, they seem to only pay what they actually make, hence why they have had stable NAVs
Great Job 😃
Thanks 😁
TSPY is one to keep an eye on
lol do all these funds just have the same names with the prefix or suffix slightly different 😅😂
Yes. Please keep an eye on TSPY. Very similar to ISPY
I am a high yield warrior! 🚀📈💎🙌
Not all warrioras are created equal!
MSTY!!! MSTY!!! MSTY!!!
No QDPL?? Its outperformed all of these funds in price return and total return and even the SP500 since inception per seeking alpha.
Good suggestion - I will look into more!
How about a video ranking the best ETF’s for current income, for those who are using the funds now?
Hello! Not sure I’m completely understanding the ask here? Isn’t that what this video is.
Well I have to admit…you were right. I got greedy for the high yield. Now I’m waiting for the right time to sell. Grrr
It's all good - life is a good teacher. You are bold for admitting it. It is never too late, IRS does allow a certain amount of losses each year to be deducted from taxes.
FEPI/Aipi!!!!!
RexShares has done a great job so far!
Do GIAX next.....
Never heard of this one! Short time span so far
@8:25
I remember the cow-pounding. We used to use a meat tenderizer, and we did a lot of cow-pounding
lol Cow Pounding is good for the soul
Don’t look now! QYLD Nav is up 7% on the one year chart not including dividends
The old reliable for some income! Other ETFs are better though these days
I Love when you said 'NAV EROSION' .... 😅😅
That’s my favorite part of script writing lol.
Good analysis.
Thanks John :) almost all these ETFs I’ve made separate videos going into more details about them.
Still can't buy SVOL through Wells Fargo
Dang that is rough :(
Get a real broker.😂😂😂
High Yield Derangement Syndrome omg ok
PLTY!
TDVI tracks TDIV lols
Vote trump! Save the cats!
🐈 suck.
🐶 r better
Nov 5th can't come soon enough!
Vote Harris! Save America!
Trump's brain is mashed potatoes lol
I actually liked this video 😢😅
You say that like you were going to not like it going in lol
i agree with number 1
Yay! What about the rest of the rankings?
ISPY & GPIX are deserving of their spots, FEPI is not. Also, BALI should indeed be ranked better than it is on this list.
Why is FEPI not deserving?
@@citizenoftheyearCC FEPI writes it's covered calls only slightly out of the money, which leaves little room for capital appreciation. As evidence, look at the 1 year PRICE HISTORY of FEPI vs. the NASDAQ. FEPI is flat for the year, while the NASDAQ has appreciated 35%. If FEPI can't grow it's share price in a raging tech bull market, what do you think is going to happen to FEPI when it eventually sees it's first bear market? Hint: it will drop like a rock, and not be able to recover it's share price due to the way it structures it's covered calls. This will lead to the dreaded NAV EROSION, loss of seed capital, and dividend reductions. FEPI is basically just another QYLD, but only with a higher sucker yield, and a different wrapper. FEPI investors don't realize the hidden danger in a fund like this, and that's why it's not deserving of your #3 spot.
FEPI doesn't track the NASDAQ though its just 15 companies. Yea maybe it will have NAV erosion during the next market down turn, I didn't realize the Calls were only a little OTM. 25% yield after 1 year is still pretty good for pure incum.
I own
Spyt
Qqqt
Qqqi
Spyi
Jepq
You said TDS haha
Yes I did sir
HYBI
At first I thought this was another disease
@citizenoftheyearCC the 1st distribution announcement under new management is 10/22. They are charging the same .68 fee as SPYI QQQI and IWMI. This suggests to me, they are Targeting North of 1% a month. I suspect the share price will make a jump.
Hello
Hello!
#1 should be TSLY because I "believvveeeee"
I was watching their live stream today and they again said you can't buy these funds if you don't believe. As if believing any harder impacts the share price lol
You are a dreamer!
@@gmv0553 It's sarcasm for the channel owner. duh
You have no clue!
No clue about what? Be specific.
tspy-crf
Nikka. Tsly better be there at 1 🎉
They just missed the cut. Perhaps if the NAV went up for once, they would have a case.