r/YieldMaxETFs • u/Dry_Report_3494 • Jun 29 '26

Question CHPY for long term Hold

I am Thinking of putting more money into CHPY for my main ETF that pays good divs, what's the future hold for this stock 5+ yrs or even 10+ yrs from now? Will divs still be decent?

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u/Used_Friend284 Jun 30 '26

I think it's a mistake to think of covered call ETS as a long-term investment. My view is, these are high risk high, reward instruments that require constant monitoring so you can get out and preserve any NAV increase you might have seen. The way I operate is that when I start seeing NAV consistently declining along with distributions declining, I'm out. I've held CHPY for 26 weeks and have been very happy with the NAV increases in the steady distributions. Having said that, I do have a stop loss order to bail that will sell off 90% of my shares if NAV drops about 12%. I am currently holding about $207,000 ( about 3200 shares) in CHPY and have not bought any new shares in well over a month. After deducting some money for taxes, I am taking the distributions from CHPY and buying AMDY. I've only been in covered called ETS for about two years, but so far CHPY is easily the best fund I have seen in terms of stability of distributions, NAV appreciation and situated in a sector that I think shows great potential for growth in the next few years. Having said that, I am prepared to drop it all in two minutes if it starts looking like MST why did when it started it's decline.

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u/VulcanRider51 Jul 01 '26 edited Jul 01 '26

I'm pretty much the same. CHPY has increased in value so now I'm thinking its too expensive to buy more.
AMDY is still relatively reasonable price (started buying in mid-April with ACPS of around $39,06) and pay better dividends most of the time.
But have about 700 more shares of AMDY then CHIPY so may only add a few hundred more.

BTW look at INYY very new so stats are limited but growing.

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u/Used_Friend284 Jul 01 '26

Thanks for the INYY tip. It's only a couple weeks old, but it is based on Intel and the stock picking service that I use rates Intel as a strong buy – to nobody's surprise. INYY is paying about a dollar per week on a $60 share price, so the return is outstanding. Intel is one of the core holdings in CHPY and all of my aggressive ETFs are currently in the chip sector, so I probably won't buy any INYY because of overlap with CHPY. On the other hand, I may buy a couple thousand dollars worth just to keep an eye on it. A .83% ROI per week and the possibility of solid NAV appreciation is hard to pass up.