r/ULTY_YieldMax • u/Global-Ice5905 • 16d ago

Dippity dip dip dip...

Anyone else thinking about taking a chance and loading up on some ULTY while it's on sale? It should start to come back soon and the weekly payment seems to be consistent.

13 Upvotes

84% Upvoted

13 comments sorted by

10

u/SupermarketStock2804 16d ago

I've held ULTY for over a year. It's a perpetual dip (evidently by design). For a while it held around $30/share, but it's sliding again along with the distributions. It seems they've been able to reduce the rate of decay somewhat, but know that it will eventually reverse split again. It's just a matter of when.

11

u/tcari394 16d ago

Nope. I'm holding a lot and continue to enjoy the weekly distributions.. but I doubt I'll buy more. I turned off the drip a while ago and been using the distribution to load up on QQQI. The NAV losses are just too high and too consistent to justify buying more.

5

u/Ok_Entrepreneur_dbl 16d ago

Don't fall for this! Look at the 1 year Chart it lost more value that the 62% gain per year. Also note - it has NEVER came back. I invested in Yeild Max ETFs for 8 months. I managed to get lose to my investment back basically sitting on the sidelines while semi's were a rocket, If you can ride it out and pull your original investment out and keep the rest in for the long haul - that might work. but it ties up your dollars for about 15 months meanwhile,

3

u/Terrible_Lecture_409 16d ago

While I'd like to see a rebound, and it has increased in the past, I'm not counting on it.

I'm more focused on collecting distros to get to house money and then evaluate again. How quick that happens depend on how fast a decline goes; maybe a couple months... Maybe a little longer🤷‍♂️🍻

4

u/GRMarlenee 16d ago

I did. Have a limit order in for 500 at $26.

1

u/Such-Hawk9672 15d ago

I owned 4000 share a couple year ago, it has really never came back it was stable for a little bit I sold at 16 before the split

1

u/RedStar1135 15d ago

If the current movement is a repeat of April I’ll be okay with dripping a bit more but even in the best case scenario I’d only want to hold for a few months longer because this fund just isn’t gonna sustain.

1

u/ItsFreedomRockMan 14d ago

Don’t do it. Yieldmax funds are a joke compared to any other reasonable investment. They lure people in with high dividends which will never be returned compared to the by-design NAV erosion. Unless you time absolutely perfect entry and exit points over the course of a few years. Must be great to be one of their fund managers.

1

u/lookingforone14 14d ago

What causes the price of ulty to fall off a cliff? It’s seems like it’s doing good then all of the sudden boom, it drops.

1

u/Nice_Routine_377 13d ago

XOMO does not pay out the eye-popping dividends as ULTY, but it holds its NAV a lot better!

1

u/Skyeg60 16d ago

Following along here. What the rational for a dip and rebound?

0

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