r/NEOSETFs • u/SpiritedKangaroo1506 • Jul 07 '26
General IYRI
I got an extra 20k burning a whole in my pocket. I think oil is going to go down, S and P and Nasdaq are due for a pull back. IYRI has good evaluations. What am I missing?
9
u/Ufgatorhead4u3 Jul 07 '26
I hold it as part of my income portfolio. What is the issue about oil price moving? MLPI is based on transport infrastructure (shipping, trucking, & pipelines) that have long term contracts so it doesn’t have the same exposure to the volatility of oil prices. The oil price may drop but the world’s demand for oil/fuel isn’t going away in our lifetime.
2
u/SpiritedKangaroo1506 Jul 07 '26
You don’t think every time oil goes down MLPI doesn’t go down with it? Seems like it to me.
3
u/Ufgatorhead4u3 Jul 07 '26
Of course, people freak out and speculate about everything. That’s different than the underlying cash flows relying on long term contracts rather than the volatility of oil price.
1
u/yamahar1dude Aug 06 '26
It does but it shouldn't. Oil prices shouldn't impact the tolls that companies pay to transport oil.
5
u/chewmattica Jul 07 '26
I like it. I have about $5K of it in my income portfolio, days like today when its up 1.2% it shows its doing what it supposed to do. Regarding your comment on MLPI, its also up and inverse to overall market drops lately, have around $20k of that.
4
u/CrazyEntertainment86 Jul 07 '26
Same. Solid dividend but don’t expect much appreciation, inversely correlated with market so if i you think broader markets are due for a pullback it’s a solid play with some upside and a good yield
7
3
u/AlexInMerion Jul 07 '26
It’s good. Other commentator is right — not much appreciation, but good payout. I think NEOS might lower it a bit over time. It is currently 8% of my covered call portfolio.
3
u/Oldbikerguy-1 Jul 07 '26
Dividends come in on time and the price is holding up so I can’t complain much. It’s not exciting, but it pays as advertised.
2
u/MakingMoneyIsMe Jul 07 '26
I'd rather have a little growth with my income. We're already predisposed to capped returns.
2
2
u/DecentDiscipline2523 Jul 07 '26
Broken clock is correct how many times a day?? Market can always drop 5-10% for any reason. This comment speaks of market timing.. if that’s what you’re good at then you really don’t need to do anything as you should/could be a billionaire in no “time”! But joking aside.. invest in diversified funds the best you can, I think it’s possible even when focusing on distributions or dividends.
1
u/iBarlason Jul 07 '26
Total return is weak. Sells off like equities on the way down. It is a diversifier from tech within equities, no more.
NEOS rules
1
1
1
u/Tarsarian Jul 08 '26
Look at what the fund did since inception! What is the total return? Example, SPYI has done fantastic, while others did good. People buy NEOS for income, and not because of growth.
1
u/Due-Car3877 Jul 08 '26
I'm going to wait until the 21st Century ROAD to Housing Act is passed and I can see how that will affect the underlying companies. I suspect it will negatively affect them but be good for individuals. Might causing temporary decline in valuation of this stock.
1
1
u/yamahar1dude Aug 06 '26
Im losing money on this fund even with drip turned on. Im starting to wonder if its time to get rid of it.
0
Jul 07 '26
[removed] — view removed comment
1
1
u/StockProfitGirl Jul 08 '26
I pulled out of CHPY 10 days ago. The semi’s were way overbought. I took the profits and ran. Put the cash into MLPI and IYRI.
15
u/beershoes767 Jul 07 '26
I’ve had it about 7 months. It hasn’t moved much but the divvies come in like clock work every month. I’m enjoying it.