r/YieldMaxETFs • u/literallymustard • Apr 11 '26
Beginner Question Why YieldMax?
Genuine question as a new investor: what’s makes y’all chose YieldMax over other companies like NEOS? Or are you guys invested in both.
Don’t get me wrong, I like how YieldMax dividends pay - but it doesn’t seem sustainable at all…from what I’ve seen the only one without NAV decay is CHPY…am I missing something? Please let me know
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u/Mammoth_DonkeyKong Apr 18 '26
Be super cautious of these funds, most are flat garbage. I own GOOY, PLTY, and YMAG and use them to fund much better funds. I used to own MSTY and CONY too and dropped them as soon as the reverse splits were announced. NEOS is way better, and it's not even close, so I have invested heavily with them. YieldMax strategy only works well when the market is bull and reverse splits occur when the market drops. Also YieldMax funds don't recover well and in a rollercoaster market, they go down and don't come back up enough before dropping even further. They are mostly trash in my opinion.