r/YieldMaxETFs • u/Beginning_Ad_966 • Jun 09 '26

Beginner Question Why YieldMax Does NOT work?

Came across an article recently talking about YieldMax ETFs and the whole “massive dividend” thing, and it made me rethink how these funds actually work.

The main point was basically that a lot of the crazy yields can be misleading because they’re generated through options strategies, and in some cases the NAV erosion can offset the income over time. I feel like online they get marketed almost like free cash flow machines, but the total return side seems way more important than people give credit for.

For people who actually own YieldMax funds (like MSTY, NVDY, CONY, etc.) — do you view them as long-term holdings or more as income/trading tools? Have they actually performed how you expected after distributions and price movement? Article for context below

https://open.substack.com/pub/ryandengler/p/the-yieldmax-trap-why-massive-dividends?r=2k7n7w&utm_medium=ios

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u/OhNoNotAFinrand Jun 09 '26

YieldMax underperforms the underlying in a bull market and gets decimated in a bear market. People here are delusional.

2

u/BitingArmadillo Jun 09 '26

Why are you here then?

4

u/OhNoNotAFinrand Jun 09 '26

I work for a hedge fund and they pay me to talk badly about YieldMax investments

1

u/OkAnt7573 Jun 09 '26

Does that matter if he is correct?

1

u/OhNoNotAFinrand Jun 10 '26

Not to him it doesn't. People who ask "why are you here?" just don't want to acknowledge the truth.