Happy Thursday Everybody! Make sure to leave your $0.02 in the comments and let me know which of these Covered Call ETF's are in your portfolio! Click this link to get up to 15 free stocks from moomoo U.S when you make a qualified deposit! Terms & Conditions Apply: j.moomoo.com/00mF4L
Great video , I sold QYLD recently and moved the balance into FEPI. I still own JPEQ and I OARK and I am living on the monthly dividends. Thank You for the analysis. Watched it 3x.
Awesome video. Keep it updated every 6 months maybe? There are new etf's coming out all the time. Should do a list of just "option" etf's that pay a dividend distribution.
I watched this video 3 times and will study it some more. The 5, 3 and 1 year results are the most important analysis to me with the 10 year giving the historical perspective, mostly on Global X, but Global X did change their trading and management strategy in 2022 to slow down QYLD NAV erosion problem and I can see the difference in 2023 and look forward to seeing how these Global X funds do in 2024.
Very interesting Joe... Appreciate your hold work to crunch the numbers for us. I hold DIVO, JEPI, JEPQ.... I do collect the dividend - not to live on but to buy other stocks. Enjoying your series of ETF comparisons....
Very informative and helpful video for us retired folks looking to possibly boost our dividend income. We now know how and where to look for those possibilities. Thanks for you efforts.
Really informative, concise presentation! You’ve condensed so much info into a relatively brief presentation. . . Kudos! How about a comparison comparing the same funds in theoretical downturns, -10 & -20% on the S&P 500?
Loving the video! Along with REITs I use my QYLD to get my dividend payout higher very quickly. I don' know how it is managed in the US but here in germany you can have 1000€ stock payout per year tax free and obviously you get this payout way quicker with REITS/Covered Calls then traditional dividend stock/dividend aristocrats. Awesome video
Could you please take a look at SoFI's ETF called $THTA? It seems a decent option based on treasuries with 10.56% yield and 0.49% expense ratio. Would you be able to share a deep dive?
I'm showing that TSLY started with a share price of $20.04 in November 2022 and it closed today at below $9. Where you have the amount of about $22,000 of portfolio balance without the income reinvested, does that include the $17,000 in income? If not, I'm not sure how the value of the portfolio is that high. Thanks for putting this together!
So, to summarize, overall winners (based on the numbers and risk profile) are QYLD and JEPQ (it might have bright future). Probably the only two worth investing in. DIVO is interesting because it has both increase in price and also relatively ok dividend. So, I'd give it 3rd place. Am I correct or not, what do you think (based on the video)?
This is great information, thanks! I have been in one since 2004,, EOI, that would compete with these. Pretty much up and to the right since the GFC of 2009 (which did take it down 50%). Thanks.
Great video and the timing couldn’t be better. When purchasing these covered call ETFs is it better to start getting in when the underlying stock is in a uptrend? Sorry for the basic question but still trying to understand how the options work in this case.
These funds are problematic because they deceive investors into thinking they're earning a very high dividend yield when, in reality, they're essentially being paid back their own capital. Returns from covered calls are taxed as capital, not income. The premium received on a covered call is not akin to rent or interest but a payment received to compensate for the loss of upside potential while still incurring downside risk. Make sure to check the fundamentals
Good points! One should really compare JEPQ, QYLD etc with the underlying index/stock, QQQ. For example, TSLY was nowhere as good as TSLA itself. You find that they generally track the index/stock except losing value over time due to fees and not capturing all the upside. There is a small downside protection, but not much. Basically, a part of the capital gains and covered call premium is being returned as dividend. Undoubtedly over the long run, they do not do as well as the underlying index/stock. There does not seem to be enough downside protection to justify upside loss.
It would be great to have this test being redone with all the new ETF's in a year to see how they have done. It's clear that the Option Income strategies like TSLY only works well if you reinvest all the dividends and don't live of it. That may change in the future but I don't think so.
What a great video, thanks for making this. Suggestion, if you haven't already, if you made a portfolio with a hypothetical $200 a month, what covered call etfs, reits, and general growth etfs would you buy, using a max of 10-20 stocks? Like a set it and forget it scenario.
Just become a subscriber watching your video 😊 Your opinion please , one month ago i purchased 100 shares of SPYI and am reinvesting the dividends. I am retired 62. And collect a pension and social security. My time horizon is 10 years before taking a required minimum distribution. Question is reivesting dividends a good idea or should i take the dividends, and invest in something else. This is a non taxable account. Thanks for your opinions community 😊
Great video I am retired and need cash flow and was wondering what would be the results if I kept say 25% and reinvested the balance. I also looked at the pay dates each month and buying the next paying etf
I think seeing total return will be a better short method because in last adding up income and balance form bottom of the list often are better than the first results
IM FROM CANADA AND YOUR CHANNEL IS THE ABSOLUTE BEST INVESTMENTS CHANNEL ON RUclips. CAN YOU PLEASE HELP US CANADIANS UNDERSTAND WHICH IS THE BEST COVERED CALL ETFS IN CANADA? THANK YOU!!!
So - what happens if you reinvest half of TSLY? You still get more than double income of the others and would be at the top for balance. 🤔 I wonder if that’s the recipe for these Yieldmax funds
Is the ""yield" including the loss or gain on the share price? For example if the yield is 25% but the share price dropped by 25%, then there is no real gain.
I currently don't own any of these ETF's. I have been thinking about picking up a couple though. I am wondering. Instead of doing just a flat comparison like this, would it be more helpful to say, I need this much a year and this is what I could do. For example my nest egg is $25K and I could live off of what QYLD pays a year at $3.22k. That would first probably disqualify a number of the ETF's because they don't pay enough. Then when I look at something like TSLY, I should be able to live off TSLY at $3.22k a year, leaving me with $13.8k to reinvest in TSLY or something else. Don't worry, I am not dumping my nest egg into TSLY, but I wanted to get your take on this and let me know what I am missing, because it feels like I am missing something.
I wanted to ask, I know ETFs like SPYI has what's called tax efficient strategies. By returning your dividends as a ROC, you defer the taxes to a future time. I would think this could greatly affect the true performance of these funds. It would be quite useful if we had more insight as to how these funds perform for NET returns.
It would be good to do a different test. Most of us trying to build income don't have $25K to plunk down all at once. A monthly contribution is more doable. Yes, investing $25K all at once vs $25K spread out over a year or two, the all-at-once will win - unless it's right before a big drop -- but the monthly contribution will account for sequence risk.
Question, why would you not reinvest into the TSLY? It seems to good to be true. I just heard about covered call etfs, so your video really helped explain it. Thank you.
TSLY has been on the stuggle bus this year. Curious there were 3 to put some money into what would be the best route to take given the diverse approaches or does it matter. I am not savvy enough to do options but I'd like to invest in those ETFs with extra money to build for a few years and then use that fund to pay for things like a new car, vacation, etc.
You missed the most important point, comparing these to their underlying index for example QYLD to QQQ. If you did, you would have shown that the non covered call -underylying had a much higher portfolio balance
Request: covered call options (or indeed any ETFs) sold on Canadian market, e.g. TSX. Alternatively, who is the equivalent in Canada to your channel/subscription service? I am interested in data not editorial
I wonder what would happen if you left some in dividend reinvestment when they depleted a certain amount. Then you just turn on new ones that you left alone until needed. No reason to spend all the dividends at once.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
I've been thinking of getting into cc etfs. But i have one concern. Do/ could these etfs companies go bust? Could they end up being frauds? Is there any equivalent of blue chip stocks for cc etf?
A lot of them have been around a long time, and the companies that make up their ETF's even longer, so the short simple answer is "not likely"... but anything could happen.
I did not see AMZA in the list. It was not in your monthly ETF video either and I realized that was because they augment their returns with covered calls.
Joe, would a higher yielding income (via dividends) and portfolio balance method be to own the underlying index (ie: $SPY, $QQQ etc) and write covered calls on your $SPY or $QQQ shares instead of investing in these covered call ETF’s? That would be a great comparison video for you to do!
Search his history. I remember seeing one of those. The downside is it takes a lot of money to play. Right now, roughly $48K to start. The covered call ETF's have a much lower barrier to entry, and are easier. I do light options trading and I can say, first-hand, it is NOT passive income.
Without even watching the video, I knew the thumbnail the highest line was TSLY. I've been invested in it since last March. It's important to note that when comparing the 1 year, TSLY was on top only because TSLA was at an all time low at $104 in January. But since Inception TSLY is actually at negative right now.
I know this is off topic and please excuse my ignorance, this has been bothering me for a while. It’s about the espresso strategy, why not just wait a couple of days when you’re sure to get the dividend before writing a covered cal to ensure you’re getting the dividend? I know I’m missing something…
its not [if the goal is to build wealth]. this is for income. he doesn't go thru the normal situation of taking the money out of portfolio [index funds or 60/40] as you need it (yearly/quarterly/whatever), instead with these things where you have no control over the amount of the distribution.
Please, keep this going monthly and add as other funds like Defiance and Rex funds meet the requirements to be on this list. Amazing comparison that truly helps income investors better understand how to generate income and/or growth as needed for their uniques situation in life and work. Best/ most helpful income video I ever seen. Only thing that I can think of to make it better is keep it going monthy or at least quarterly bare minumum. Just awesome!
Thanks for that feedback. I definitely want to test those again once we have more data. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
He did a calendar year of 2023 so TSLY did pretty well for that time period but recently got sacked if you do a rolling 1 year from 2/1/23-2/1/24 for the time period. It's crazy how a 1 month offset changed everything mostly due to how volatile the underlying stock of TSLA can be. These are total returns with dividends reinvested: Calendar year from 1/1/23 - 1/1/24 TSLY +65.23% QQQ +53.27% QYLG +36.85% JEPQ +35.73% SPY +26.00% NUSI +30.14% OVL +27.49% FTQI +24.08% SVOL +23.21% QYLD +22.38% Rolling 1 year from 2/1/23 - 2/1/24 QQQ +41.17% JEPQ +32.29% NUSI +29.36% QYLG +29.03% OVL +22.72% SPY +20.89% QYLD +18.04% SVOL +17.40% FTQI +16.30% TSLY -1.41%
Agreed. You DO have to look at the whole story for TSLY. Also I didn’t include the S&P 500 itself because it’s so different. You’d have to compare it to a distribution strategy with the S&P 500 such as a 4% distribution strategy or guardrails with a higher distribution strategy. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
There was a last-minute revenue sharing claim on the song so I didn’t have time to switch it. I’ll have music in the next one, LOL. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
oh brother. What you seem to have forgotten to do is compare the results with what your total would have been if you had invested in just the underlying security. You have completely avoided the most important criteria.
Why do you include "income" in the "investing back" columns? There's 0 income per se, you just need to show the entire portfolio worth. Meaning, if the distribution was $1000, and a contact is $100, you just show what the initial 25K worth of contacts ("stocks") plus the other $1000 worth of contacts are now worth together. Also, please compare them to the index they are "optioning".
I don’t think you HAVE TO use them but they certainly are an option for retired investors that NEED CASH FLOW NOW. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@KennyMichael-id1bb I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I sent her an email right away booking an appointment.
Happy Thursday Everybody! Make sure to leave your $0.02 in the comments and let me know which of these Covered Call ETF's are in your portfolio!
Click this link to get up to 15 free stocks from moomoo U.S when you make a qualified deposit! Terms & Conditions Apply: j.moomoo.com/00mF4L
Great video , I sold QYLD recently and moved the balance into FEPI. I still own JPEQ and I OARK and I am living on the monthly dividends. Thank You for the analysis. Watched it 3x.
Why is it blurred from 1:30 ?
The ones that did well overall: DIVO, JEPQ, SVOL, SPYI, & JEPI.
THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Does the income generated with both reinvesting and living off the dividends include that initial $25,000 investment?
@@tailzzzzz I think so. The portfolio balance must have included the initial $25000 investment.
but what is the best?
@@manuamanya6667 there's no best. It depends
You are. Universal Communicator. You make it easier to understand more detailed research. Thank you for going
above and beyond for your community.
Wow, thank you! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Awesome video. Keep it updated every 6 months maybe? There are new etf's coming out all the time. Should do a list of just "option" etf's that pay a dividend distribution.
Good idea! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I watched this video 3 times and will study it some more. The 5, 3 and 1 year results are the most important analysis to me with the 10 year giving the historical perspective, mostly on Global X, but Global X did change their trading and management strategy in 2022 to slow down QYLD NAV erosion problem and I can see the difference in 2023 and look forward to seeing how these Global X funds do in 2024.
This absolutely the best analysis I have seen on this subject. Well done!
My favorite CC ETF is SPYI it’s in the middle no matter which way you sort but I have been happy with it thus far.
Awesome! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Very interesting Joe... Appreciate your hold work to crunch the numbers for us. I hold DIVO, JEPI, JEPQ.... I do collect the dividend - not to live on but to buy other stocks. Enjoying your series of ETF comparisons....
You bet! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Very informative and helpful video for us retired folks looking to possibly boost our dividend income. We now know how and where to look for those possibilities. Thanks for you efforts.
You bet! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
One of your best videos!
Wow, thanks! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Really informative, concise presentation! You’ve condensed so much info into a relatively brief presentation. . . Kudos! How about a comparison comparing the same funds in theoretical downturns, -10 & -20% on the S&P 500?
Great video! Can you please make the red arrow smaller or transparent?
Thanks for that feedback! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Exactly the $ intel I needed! Big thanks.
Loving these test videos!
Glad you like them! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Great stuff. Possibly sometime in future post a video on YieldMax synthetic covered call ETF's. The yield is unreal on many of them!
Loving the video! Along with REITs I use my QYLD to get my dividend payout higher very quickly. I don' know how it is managed in the US but here in germany you can have 1000€ stock payout per year tax free and obviously you get this payout way quicker with REITS/Covered Calls then traditional dividend stock/dividend aristocrats.
Awesome video
Dude, this was really helpful. Thanks a lot.
Thumbs ups on this information and just the amount of work put into this
I appreciate that! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Could you please take a look at SoFI's ETF called $THTA? It seems a decent option based on treasuries with 10.56% yield and 0.49% expense ratio. Would you be able to share a deep dive?
I'm showing that TSLY started with a share price of $20.04 in November 2022 and it closed today at below $9. Where you have the amount of about $22,000 of portfolio balance without the income reinvested, does that include the $17,000 in income? If not, I'm not sure how the value of the portfolio is that high. Thanks for putting this together!
was going to say the same. that 22k should be around 11-12k end of year.
Please do another video with GPIX, GPIQ, ISPY, FEPI as well
Here’s an idea for a video.
Using xyld to fund SCHD or schg with its dividend.
I use the dividends to fund VOO and VGT.
Please do another video where you track synthetic covered calls which have been in existence 6 months or more and please do it each month
How would they do if you reinvested half the dividends and lived off the other half?
JEPQ will post phenomenal returns in a few years.
We’ll see! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
So, to summarize, overall winners (based on the numbers and risk profile) are QYLD and JEPQ (it might have bright future). Probably the only two worth investing in. DIVO is interesting because it has both increase in price and also relatively ok dividend. So, I'd give it 3rd place. Am I correct or not, what do you think (based on the video)?
This is great information, thanks! I have been in one since 2004,, EOI, that would compete with these. Pretty much up and to the right since the GFC of 2009 (which did take it down 50%). Thanks.
Great video and the timing couldn’t be better. When purchasing these covered call ETFs is it better to start getting in when the underlying stock is in a uptrend? Sorry for the basic question but still trying to understand how the options work in this case.
Not at all. Buy during market pessimism.
How each fund compares to its underlying index is my question.
These funds are problematic because they deceive investors into thinking they're earning a very high dividend yield when, in reality, they're essentially being paid back their own capital. Returns from covered calls are taxed as capital, not income. The premium received on a covered call is not akin to rent or interest but a payment received to compensate for the loss of upside potential while still incurring downside risk. Make sure to check the fundamentals
Good points! One should really compare JEPQ, QYLD etc with the underlying index/stock, QQQ. For example, TSLY was nowhere as good as TSLA itself. You find that they generally track the index/stock except losing value over time due to fees and not capturing all the upside. There is a small downside protection, but not much. Basically, a part of the capital gains and covered call premium is being returned as dividend. Undoubtedly over the long run, they do not do as well as the underlying index/stock. There does not seem to be enough downside protection to justify upside loss.
What are you talking about? A divided is a divided not a capital gains. Obviously if you do your own cover calls, it’s capital gains.
Gracias por la información 😀
It would be great to have this test being redone with all the new ETF's in a year to see how they have done. It's clear that the Option Income strategies like TSLY only works well if you reinvest all the dividends and don't live of it. That may change in the future but I don't think so.
What a great video, thanks for making this. Suggestion, if you haven't already, if you made a portfolio with a hypothetical $200 a month, what covered call etfs, reits, and general growth etfs would you buy, using a max of 10-20 stocks? Like a set it and forget it scenario.
Just become a subscriber watching your video 😊 Your opinion please , one month ago i purchased 100 shares of SPYI and am reinvesting the dividends. I am retired 62. And collect a pension and social security. My time horizon is 10 years before taking a required minimum distribution. Question is reivesting dividends a good idea or should i take the dividends, and invest in something else. This is a non taxable account.
Thanks for your opinions community 😊
Great video I am retired and need cash flow and was wondering what would be the results if I kept say 25% and reinvested the balance.
I also looked at the pay dates each month and buying the next paying etf
I think seeing total return will be a better short method because in last adding up income and balance form bottom of the list often are better than the first results
Agreed. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
IM FROM CANADA AND YOUR CHANNEL IS THE ABSOLUTE BEST INVESTMENTS CHANNEL ON RUclips.
CAN YOU PLEASE HELP US CANADIANS UNDERSTAND WHICH IS THE BEST COVERED CALL ETFS IN CANADA?
THANK YOU!!!
Thanks for a great analysis.
So - what happens if you reinvest half of TSLY? You still get more than double income of the others and would be at the top for balance. 🤔 I wonder if that’s the recipe for these Yieldmax funds
why is the spread sheet blurred out?
It gets un-blurred as we move through the different data. =) THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻
what about the use of these etfs and other dividend etfs in an ira where the contributions have a contribution limit?
I joined patreon community to access covered call spreadsheets and could not locate. Only found the monthly file. How do I access these?
Is the ""yield" including the loss or gain on the share price? For example if the yield is 25% but the share price dropped by 25%, then there is no real gain.
Right…it is purely distribution divided by price. Certainly NOT the whole story. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I currently don't own any of these ETF's. I have been thinking about picking up a couple though. I am wondering. Instead of doing just a flat comparison like this, would it be more helpful to say, I need this much a year and this is what I could do. For example my nest egg is $25K and I could live off of what QYLD pays a year at $3.22k. That would first probably disqualify a number of the ETF's because they don't pay enough. Then when I look at something like TSLY, I should be able to live off TSLY at $3.22k a year, leaving me with $13.8k to reinvest in TSLY or something else. Don't worry, I am not dumping my nest egg into TSLY, but I wanted to get your take on this and let me know what I am missing, because it feels like I am missing something.
Very helpful. Perhaps can you link them in a spreadsheet or copy the list into the comments
I wanted to ask, I know ETFs like SPYI has what's called tax efficient strategies. By returning your dividends as a ROC, you defer the taxes to a future time. I would think this could greatly affect the true performance of these funds. It would be quite useful if we had more insight as to how these funds perform for NET returns.
It would be good to do a different test. Most of us trying to build income don't have $25K to plunk down all at once. A monthly contribution is more doable. Yes, investing $25K all at once vs $25K spread out over a year or two, the all-at-once will win - unless it's right before a big drop -- but the monthly contribution will account for sequence risk.
Question, why would you not reinvest into the TSLY? It seems to good to be true.
I just heard about covered call etfs, so your video really helped explain it. Thank you.
I love your channel so much, all data based....
Thank you so much 😀I appreciate it! 👍😎
TY. Good information!
TSLY has been on the stuggle bus this year. Curious there were 3 to put some money into what would be the best route to take given the diverse approaches or does it matter. I am not savvy enough to do options but I'd like to invest in those ETFs with extra money to build for a few years and then use that fund to pay for things like a new car, vacation, etc.
Excellent information, thanks!
Glad it was helpful! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
could you do this and like rois for all the ymax monthlys?
TSLY years.. I might throw in some QYLG sounds too risky.. I bought fw JEPI, JEPQ and SVOL. for my test that will be over the next a
Can we do a video revisiting the Quadfecta portfolio?
You missed the most important point, comparing these to their underlying index for example QYLD to QQQ. If you did, you would have shown that the non covered call -underylying had a much higher portfolio balance
Request: covered call options (or indeed any ETFs) sold on Canadian market, e.g. TSX. Alternatively, who is the equivalent in Canada to your channel/subscription service? I am interested in data not editorial
How about a look at CEF's?
Interesting thought. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Thanks for the video I lm glad qylg was shown a little love here lol
No problem! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
heres one for you. have every fund match qyld's income even if that means selling shares.
That’s an interesting thought… THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I wonder what would happen if you left some in dividend reinvestment when they depleted a certain amount. Then you just turn on new ones that you left alone until needed. No reason to spend all the dividends at once.
What are the best strategies to protect my portfolio? I've heard that a downturn will devastate the financial market, so I'm concerned about my $200k stock portfolio.
I've been thinking of getting into cc etfs. But i have one concern. Do/ could these etfs companies go bust? Could they end up being frauds? Is there any equivalent of blue chip stocks for cc etf?
A lot of them have been around a long time, and the companies that make up their ETF's even longer, so the short simple answer is "not likely"... but anything could happen.
I would like to see QDPL included in these charts.
Do a video on SPYI.
Thanks for the video.
On these tests, please include s&p500 on the charts for comparison.
Thanks for that feedback. I appreciate it! 👍😎
Thanks for the video
I did not see AMZA in the list. It was not in your monthly ETF video either and I realized that was because they augment their returns with covered calls.
I was not aware of this one… THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Joe, would a higher yielding income (via dividends) and portfolio balance method be to own the underlying index (ie: $SPY, $QQQ etc) and write covered calls on your $SPY or $QQQ shares instead of investing in these covered call ETF’s? That would be a great comparison video for you to do!
Search his history. I remember seeing one of those. The downside is it takes a lot of money to play. Right now, roughly $48K to start. The covered call ETF's have a much lower barrier to entry, and are easier. I do light options trading and I can say, first-hand, it is NOT passive income.
Without even watching the video, I knew the thumbnail the highest line was TSLY. I've been invested in it since last March. It's important to note that when comparing the 1 year, TSLY was on top only because TSLA was at an all time low at $104 in January. But since Inception TSLY is actually at negative right now.
Yes this is correct. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Why is it all blurred out?
Love this video thanks
I don't get anywhere close to your numbers if I do the same analysis. Especially with TSLY.
I know this is off topic and please excuse my ignorance, this has been bothering me for a while. It’s about the espresso strategy, why not just wait a couple of days when you’re sure to get the dividend before writing a covered cal to ensure you’re getting the dividend? I know I’m missing something…
There's no free lunch. The option prices will [mostly] take that into account.
What's your overall choice?
Excellent video
Thank you very much! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
Maybe I'm missing something but after 10 years it doesn't even double even after reinvesting dividends? How is this a good investment?
its not [if the goal is to build wealth]. this is for income.
he doesn't go thru the normal situation of taking the money out of portfolio [index funds or 60/40] as you need it (yearly/quarterly/whatever), instead with these things where you have no control over the amount of the distribution.
Please, keep this going monthly and add as other funds like Defiance and Rex funds meet the requirements to be on this list.
Amazing comparison that truly helps income investors better understand how to generate income and/or growth as needed for their uniques situation in life and work.
Best/ most helpful income video I ever seen. Only thing that I can think of to make it better is keep it going monthy or at least quarterly bare minumum.
Just awesome!
Thanks for that feedback. I definitely want to test those again once we have more data. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
How did they do against the S&P500 over those time frames??
He did a calendar year of 2023 so TSLY did pretty well for that time period but recently got sacked if you do a rolling 1 year from 2/1/23-2/1/24 for the time period. It's crazy how a 1 month offset changed everything mostly due to how volatile the underlying stock of TSLA can be. These are total returns with dividends reinvested:
Calendar year from 1/1/23 - 1/1/24
TSLY +65.23%
QQQ +53.27%
QYLG +36.85%
JEPQ +35.73%
SPY +26.00%
NUSI +30.14%
OVL +27.49%
FTQI +24.08%
SVOL +23.21%
QYLD +22.38%
Rolling 1 year from 2/1/23 - 2/1/24
QQQ +41.17%
JEPQ +32.29%
NUSI +29.36%
QYLG +29.03%
OVL +22.72%
SPY +20.89%
QYLD +18.04%
SVOL +17.40%
FTQI +16.30%
TSLY -1.41%
Agreed. You DO have to look at the whole story for TSLY. Also I didn’t include the S&P 500 itself because it’s so different. You’d have to compare it to a distribution strategy with the S&P 500 such as a 4% distribution strategy or guardrails with a higher distribution strategy. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
@@AverageJoeInvestorpero es para comparar los resultados
No music with the list this time??? 😢😢😢
There was a last-minute revenue sharing claim on the song so I didn’t have time to switch it. I’ll have music in the next one, LOL. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I would love to see you test a version for retirement where only 75% of the yield is withdrawn.
Interesting thought. I tested something SIMILAR with QYLD a while back. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
TSLY still did the better $ in 2023 out of all of those. Curious how they will do in the longer term
Agreed! THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
I hope you make another video at the end of 2024 as some interesting ETF’s were launched in 2023 such as GPIQ, GPIX, SPYI and QQQI
Can you add YMAX for the next video?
oh brother. What you seem to have forgotten to do is compare the results with what your total would have been if you had invested in just the underlying security. You have completely avoided the most important criteria.
Why did QYLD fail?
why not compare to 25k in SPY relative on every chart
a smaller arrow would be nice
Your missing the best one from Global X TYLG!!!!! you need to do this video over brody!
Impressive
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Tks
Why do you include "income" in the "investing back" columns? There's 0 income per se, you just need to show the entire portfolio worth. Meaning, if the distribution was $1000, and a contact is $100, you just show what the initial 25K worth of contacts ("stocks") plus the other $1000 worth of contacts are now worth together.
Also, please compare them to the index they are "optioning".
Ryld fell apart was my worse performing covered call
I don’t like them but you almost have to use them just to try to get something but can be dangerous
I don’t think you HAVE TO use them but they certainly are an option for retired investors that NEED CASH FLOW NOW. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
The Market have been suffering over the past month, with all the three indexes recording losses in recent weeks. My $400,000 portfolio is down by approximately 20%, any recommendations to scale up my returns before retirement will be highly appreciated.
The market is volatile at this time, hence i will suggest you get yourself a financial-advisor that can provide you with entry and exit points on the shares/ETF you focus on.
Very true , I diversified my $400K portfolio across multiple market with the aid of an investment advisor, I have been able to generate over $900k in net profit across high dividend yield stocks, ETF and bonds in few months.
How can one find a verifiable financial planner? I would not mind looking up the professional that helped you. I will be retiring in two years and I might need some management on my much larger portfolio. Don't want to take any chances.
@@PHILIPTURNEL My advisor is Svetlana Sarkisian Chowdhury.
@@KennyMichael-id1bb I just looked up the broker you suggested on Google and I'm incredibly impressed with her credentials, so thank you for sharing. I sent her an email right away booking an appointment.
Cool!
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good
Theres a 3rd kind of person. Someone who is paying off loans.
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Iwmy jepy etc…
These aren’t tested because they do not yet have a 1 year history. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎
These are good funds when you buy low in a Roth IRA when you’re about 70 or 75 years old.
It all depends on how you view it.
Agreed these make the MOST SENSE when you are retired and need cash flow now. THANK YOU for watching and for leaving your $0.02 in the comments! 👍😎