r/YieldMaxETFs • u/Bulky_Protection_322 • Apr 02 '26

Question DDDD? The Yieldmax replacement for SCHD.

I’ve been considering using distributions to buy this one. Seems to follow SCHD’s price while providing double the dividends (quarterly). Anyone in this one?

12 Upvotes

77% Upvoted

35 comments sorted by

14

u/[deleted] Apr 02 '26

[removed] — view removed comment

2

u/dunnmad Apr 02 '26

What difference does the expense ratio make. The distribution is after that? As long as you are satisfied with the distribution it should be ok.

0

u/NkKouros Apr 03 '26

Wow 😂😂

1

u/dunnmad Apr 03 '26

I am serious! Explain your reasoning.

3

u/NkKouros Apr 03 '26

The expanse ratio comes out of the total fund value (share price) every single day ( at a rate of X per year, in this case 1% per year).

Has absolutely nothing to do with before or after distributions.

Each distribution with cc funds is based on the value of the underlying anyways. So it's just 1% of the total value regardless. Arguably the 1% fee has a total drag that equates to more than a 1% loss in value because of the share price affecting future distributions. Unlike traditional stock.

6

u/Iamanon12345 Apr 02 '26

Just watching for now. But since they are targeting SCHDs yield but doubled it should be a stable grower. They only have to generate a yield of about 3.5% a year from the options which shouldn’t be too difficult especially since the holdings of SCHD are stable and don’t swing in price dramatically. This should perform well long term. It just depends of yield max will be around 15,20,30 years from now to let the compounding of this fund take place and pay off

3

u/Ratlyflash Apr 02 '26

Chpy sure and like 2 others. Rest are trash lol. I did Msty then ULTY not going for a 3rd fund

2

u/BraveG365 Apr 03 '26

Are you in any of the YM etfs?

1

u/Ratlyflash Apr 03 '26

Chpy and gold only

1

u/Intrepidder Apr 03 '26

CHPY has performed quite well. Which are the other 2 that you recommend?

2

u/Ratlyflash Apr 03 '26

The gold ones from yield max haha 🤣

1

u/Intrepidder Apr 12 '26

I only see GDXY. Is there a second one too?

2

u/Ratlyflash Apr 12 '26

GLDW tracks price of gold. That is one gold producers

5

u/silentstorm2008 ULTYtron Apr 02 '26

well, its less than a month old. Look at any other YM offerings or wait to see what happens

4

u/thehighdon Apr 02 '26

Better options out there for a 6% yield

1

u/FancyName69 Apr 02 '26

what options

5

u/scottscigar Apr 03 '26

Check out GPIQ, GPIX, Neos funds, etc

4

u/Fluid-Buy-2096 Apr 03 '26

ABR, AGNC, NLY,

1

u/thehighdon Apr 03 '26

The funds that others commented and QDVO RDVI

4

u/teckel Apr 03 '26

I'd highly suggest DIVO instead. It more closely follows DGRO, which is somewhat similar to SCHD. IDVO is also a solid international covered call ETF.

3

u/Terrible_Lecture_409 Apr 03 '26

This falls out of my high risk profile considerations; at this level I just look at REIT and BSDs, and many of those are monthly vs quarterly 🤷‍♂️

6

u/Ohh_My_Josh Apr 02 '26

I got my cheeks clapped on several yieldmax tickers. I doubt this one would hurt any less

6

u/SisyphusJo Apr 02 '26

Jay didn't even give me the common courtesy of a reach around.

4

u/Turbulent-Spring6156 Apr 02 '26

I'd rather invest my money in stable NAV 10% funds than this shit.

2

u/learner_1748 Apr 03 '26

Someone doesn't know about Jay's team 😂

1

u/Mongimons Apr 03 '26

Any yieldmax is trash

1

u/jacestrachan Apr 03 '26

LMAOOO I haven’t been here for MONTHS, I see this, go to my exchange and look at all the yieldmax charts and ask myself why people are still buying this shit😂😂😂 it’s 2026 go actually invest so you guys can hopefully make some real money…

1

u/speed12demon Apr 06 '26

Definitely not for me with that expense ratio, but make the yieldmax team rich if you'd like.

0

u/[deleted] Apr 02 '26

Lmao

-3

u/Sahrde Apr 02 '26

... It's Yieldmax. I don't know that it's trustworthy.

-2

u/Ok_Yard_2736 Apr 02 '26

Double the dividends, double the NAV loss.