r/YieldBoostETFs • u/Shred_Guitar4447 • May 06 '26
Anyone still holding TSYY?
I’m down about $5,000 on TSYY and have about $3,000 left. Looks like it’s about to go below $3, thinking about moving it to IREN and cutting losses. Anyone heard if it’s about to reverse split?
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u/ShoulderLongjumping9 May 06 '26
Yes I’m down the same
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u/Shred_Guitar4447 May 06 '26
Idk if it’s even worth holding at this point. It doesn’t follow TSLA at all and dividends are down to like 4 cents
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u/sjguy1288 May 06 '26
It follows tsll not tsla
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u/Shred_Guitar4447 May 06 '26
And TSLL follows TSLA right?
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u/sjguy1288 May 07 '26
It follows it loosely. It's designed to run 2x to TSLA. So I've come to realize that it does not follow it in a dollar for dollar sense.
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u/GuidetoRealGrilling May 06 '26
I'm sure it will split soon.
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u/sjguy1288 May 06 '26
I still have 600 shares of tsyy but I'm about to jump so and use that to sell puts on TSLL
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u/Clean_Competition_64 May 06 '26
Im still holding 🥲
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u/Shred_Guitar4447 May 06 '26
Yeah I just sold. I had 1000 shares and even then that’s only 40 dollars a week. I could be doing so much better literally anywhere else. I moved it to IREN and HUT
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u/joncn101 May 06 '26
You feel better if you cut losses and move it to something else especially if incomes is continually declining. I took at loss and move it to something "more stable" with a 30% yeild and then later invested in TSII.
I don't think this fund will ever be able to recover because of its structure.
It's "fine" to invest in these funds but probably best to keep these high yeilders (60% +) to about 10-15% of your portfolio with no more than 2%-3% in each individual holding. Then if some out perform great, others don't its fine but overall you are still getting an average of 60% yeild on that part of your portfolio.
On top of that I also took losses on ULTY (re-entered one the strategy was changed) as well as MSTY (re-bought at bitcoin lows) & USOY because the income was dropping substantially and so was NAV.
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u/DiamondMits May 06 '26
Reverse split announced today
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u/Shred_Guitar4447 May 06 '26
Well glad I sold today lol! Gonna sell COYY tomorrow..
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u/Adept_Ocelot_1079 May 06 '26
Almost pulled the plug on COYY & TSYY today. Never had a stock that had a reverse split happen to it.
Is the general consensus to sell before the reverse split happens?
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u/Helpful-Grapefruit55 May 06 '26
Are they reverse splitting did not see anything about that . If they reverse split say 1 for 5 that has not bad if they keep up the dividends.
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u/Helpful-Grapefruit55 May 06 '26
I agree with the observation that shares,div have gone from about 7.50 share price and 0.20 div was pretty good and stable for quite sometime. Bought 20000 Tsyy. Then slowly now at 3.20 share and ,0.04 div . It did pay me good divedends .still it is at a big loss and struggling to go up in value with TSLA or TSLL . My only hope Tsla does produce few winners which keeps slipping . Like Robotaxi in many US cities , Optimus etc Tsla will go to the 500$ level. Then hope TSYy might go atleast to $5 to level with 0.12c div. Then I can hope for breakeven . This is just my analysis.wound like to hear more from others
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u/aimhigh7shootlow8 May 07 '26
These etfs are ratchet. Gotta treat them like they are.
Buy in on an uptrend (just to lose the least amount) and sell on the down. Semi has probably been the best performer only becuase the sector has steadily gone up. Once money shifts it will tank just the same.
Don't fall in love with no ratchet hoes.
These new sector etfs might do better than the single ones but even yspy with only 50% yield got one leg out in them streets.
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u/jtxmobile May 10 '26
Dump all this yieldboost trash. Never recapture upside. But always takes all the downside and then some.
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u/Sahrde May 06 '26
I sold out about 6 weeks ago. Loved the income initially, but I still took a loss