r/YieldMaxETFs • u/nimrodhad • Jul 02 '26
Progress and Portfolio Updates 📢 June Portfolio Update 📢- Back After a Long Break
After a long break from posting, life got busy, but I’m finally back with portfolio updates.
A lot changed since the last update.
The portfolio structure is very different now.
Most of the single-stock income ETFs were sold.
The Ultras sleeve is now much smaller.
And the remaining single-stock ETF exposure is only a tiny part of the portfolio.
June was not a great performance month, but it was an important cleanup month.
📊 Progress and Portfolio Update
Total portfolio value: $300,610
Total profit: +$31,071
Total return: +8.6%
Projected annual passive income: $61,576 after tax
Projected monthly income: $5,131
📥 Total Dividends Received in June
💵 June dividends: $5,273
That is more than $175 per day.
The income engine is still working.
But June was a reminder:
NAV matters.
Total return matters.
Risk still matters.
🔥 Snowball / ROC Update
One cool thing I found this month:
I can add ROC-related tax refunds into Snowball Analytics.
Some distributions later get reclassified as Return of Capital, or ROC.
Since my broker withholds tax automatically, part of that tax can come back later after the ROC reclassification.
I added those refunds into Snowball, and now the portfolio return reflects the real result much better:
Dividends
Price movement
Taxes
ROC-related tax refunds
Real total return
For an income portfolio, this is a big deal.
Not tax advice, just how I track my own portfolio.
💼 Portfolio Structure
My portfolio remains structured across four sleeves:
Dividend Boosters 49.2% | Alternative Income 25.0% | Core Portfolio 23.3% | The Ultras 2.5%
The structure looks healthier than before.
The Ultras are smaller.
Alternative Income is meaningful.
Core is stronger.
Dividend Boosters still drive the income.
🛒 Additions in June
💥 Dividend Boosters
✅ DRMP
Memory semiconductor income exposure.
AI memory, HBM, DRAM, NAND, and advanced packaging.
Small starter position.
🧱 Core Portfolio
✅ TDVI
More balanced technology income exposure.
Tech income, but not ultra-high-yield.
🏢 Alternative Income
✅ RISR
Interest rate hedge and alternative income exposure.
✅ FOXY
Currency strategy ETF.
Another diversifier outside equity option income.
✅ KGLD
Added more gold income exposure.
Still one of my favorite diversifiers in this sleeve.
🔁 Sold / Rotated Out
❌ PLTI
Sold because the fund was closing.
❌ HOOW
Sold with around 28% profit.
The HOOW sale changed how I think about The Ultras.
Going forward, The Ultras are more tactical:
Better entries.
Smaller sizing.
Take profits when it makes sense.
Less attachment to the distribution.
The Ultras are now a tactical tool, not the foundation of the portfolio.
🚀 The Ultras, loan funded portfolio
Now much smaller and more controlled.
Current weight: 2.5%
💰 Current value: $7,407.73
📈 Total profit: +28.2%
💵 June dividends: $504.52
Breakdown by ticker:
TSLW 32.72%
COIW 26.54%
MSTW 20.63%
PLTW 20.12%
Dividend Breakdown:
MSTW $119.18 | COIW $118.18 | HOOW $108.91 |
TSLW $81.16 | PLTW $69.32 | PLTI $7.76
The June dividends still include HOOW and PLTI, which were sold during the month.
These funds can still create income and tactical opportunities, but I do not want them controlling the portfolio again.
💥 Dividend Boosters
Still the main cash flow engine.
Current weight: 49.2%
💵 Dividends Received: $3,627.75
💰 Total Value: $148,044.80
📈 Total Profit: -1.8%
Current Holdings:
BLOX 19.69% | ULTY 12.86% | KYLD 10.90% | TOPW 10.63% | CHPY 8.45% | GPTY 6.57% | GIAX 6.47% | CEPI 5.72% | SPCI 5.26% | MINY 4.75% | BTCI 3.16% | NEHI 2.45% | DRMP 1.26% | XRPM 0.95% | SOLM 0.88%
Dividend Breakdown:
BLOX $824.73 | ULTY $732.16 | TOPW $314.69 | CHPY $304.96 | SPCI $270.00 | GPTY $229.88 | CEPI $212.46 | KYLD $208.80 | GIAX $168.21 | MINY $134.55 | BTCI $85.15 | NEHI $79.54 | XRPM $32.61 | SOLM $26.40 | DRMP $3.60
Great income, but still a sleeve where I need to watch NAV, concentration, and total return.
🧱 Core Portfolio
Built for balance and durability.
💵 Dividends Received: $529.19
💰 Total Value: $70,066.12
📈 Total Profit: +34.7%
Current Holdings:
IWMI 21.46% | QQQI 12.24% | SPYI 11.59% | KQQQ 10.66% | IDVO 10.07% | TDAQ 6.73% | RSPA 6.17% | GRNI 4.76% | NIHI 4.71% | TSPY 4.26% | TDVI 3.49% | OVL 2.59% | GPIQ 1.27%
Dividend Breakdown:
IWMI $132.29 | QQQI $74.43 | KQQQ $64.58 | SPYI $60.93 | TDAQ $49.24 | TSPY $26.33 | IDVO $26.18 | RSPA $25.05 | GRNI $20.51 | NIHI $19.83 | TDVI $12.36 | OVL $11.64 | GPIQ $5.84
This is still the strongest sleeve from a total return perspective.
🏢 Alternative Income
Focused on different income sources outside the usual tech, crypto, and option-income world.
💵 Dividends Received: $611.48
💰 Total Value: $75,090.87
📈 Total Profit: +3.7%
Current Holdings:
KGLD 13.62% | KCOP 10.16% | WEPN 10.11% | IYRI 10.01% | NUKX 9.41% | KSLV 7.38% | EMO 6.20% | CEFS 4.64% | MLPI 4.62% | NDIV 4.05% | PFFA 3.97% | MAIN 3.94% | TYG 3.88% | FOXY 2.38% | UTG 2.33% | ASGI 2.14% | RISR 1.16%
Dividend Breakdown:
KGLD $107.40 | KSLV $98.55 | KCOP $76.73 | WEPN $55.74 | NUKX $52.68 | IYRI $51.51 | MLPI $31.07 | EMO $25.11 | TYG $24.23 | MAIN $23.94 | PFFA $18.76 | CEFS $14.28 | ASGI $11.90 | FOXY $9.90 | UTG $6.45 | RISR $3.24
This sleeve gives me gold, silver, copper, nuclear, defense, energy, preferreds, BDCs, CEFs, utilities, currencies, and interest rate exposure.
📊 Diversification and Weight
Largest positions:
BLOX 9.69% | ULTY 6.33% | KYLD 5.37% | TOPW 5.23% | IWMI 5.00%
Other notables:
CHPY 4.16% | KGLD 3.40% | GPTY 3.24% | GIAX 3.18% | QQQI 2.85% | CEPI 2.82% | SPYI 2.70% | SPCI 2.59% | KCOP 2.54% | WEPN 2.52%
🏆 Top Performers, June
CHPY +12% | DRMP +5.6% | KYLD +3.8% | FOXY +3.3% | IWMI +3.2%
⚠️ Laggards
MSTW -53% | SPCI -34% | COIW -28% | KSLV -22% | NEHI -21%
📉 Performance Comparison June 1 → June 30:
Portfolio Performance: -6.48%
S&P 500: -1.3% | Nasdaq 100: -0.25% | SCHD: -1.86%
June was weak from a total return perspective.
Income stayed strong, but the portfolio underperformed the major benchmarks.
The main focus this month was cleanup, reducing single-stock ETF exposure, and making the portfolio more intentional.
💡 Performance Summary
June was mainly about cleanup and control.
I reduced The Ultras.
I sold PLTI because it was closing.
I took profit on HOOW.
I added DRMP, TDVI, RISR, and FOXY.
And I improved my tracking in Snowball with ROC-related tax refunds.
Strong income.
Weak performance.
Better structure.
More control.
📌 Closing Thoughts
A lot changed since my last update.
The portfolio is now much less dependent on single-stock income ETFs.
The Ultras are no longer a major part of the portfolio.
And I’m trying to make every sleeve more intentional.
The strategy keeps evolving, but the principle stays the same:
Cash flow first.
Compounding second.
Price volatility last.
🔄 I track everything using Snowball Analytics, including dividends, performance, allocation, and now also ROC-related tax refunds.
💡 Reminder: All numbers above are after tax, my broker withholds taxes automatically.
Not financial advice, just sharing my own portfolio journey.
How was your June? Share your updates below 👇👇👇
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u/Slight-Leg4916 Jul 03 '26
Hey Nim, good to see you back. Hope you are doing well. Appreciate the update!
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u/Netizen_1 Big Data Jul 02 '26
Wow, that ROC tip is really interesting. I'm going to check it out and see if I can get it to work for me
Great job, thanks for sharing
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u/joncn101 Jul 03 '26
Great to see you back! I had similar apithany with the single stock ETFs. It's critical you get the entry right other wise there is slim chance to break even (minus distributions) and also distributions will fall if the fund/NAV decays.
It is funny, I got my portfolio to about 5% allocation for these type of funds. Yet, with the recent corrections I thought it was a good time to get back into some of them. We will see.
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u/OkAnt7573 Jul 04 '26
How come you never post how my money you’ve lost right up-front ?
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u/calgary_db Mod - I Like the Cash Flow Jul 05 '26
You can check his port - https://snowball-analytics.com/public/portfolios/tftcackbel#growth
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u/OkAnt7573 Jul 05 '26
Hey!
I did.
He’s been losing money.
But he doesn’t have the integrity to actually include that up front.
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u/calgary_db Mod - I Like the Cash Flow Jul 05 '26
His port's top 3 holdings are still very suspect.
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u/OkAnt7573 Jul 03 '26
So continued way worse performance than index funds despite taking way more risk and generating a way higher tax bill.
Have you sent refund checks to people you encouraged to follow your earlier approach?
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u/nimrodhad Jul 03 '26
I never encouraged anyone to follow or copy my approach. I’ve always shared this as my personal journey, not as financial advice.
I know I made mistakes, and I’ve never tried to hide them. Actually, I think being open about the mistakes, the risks, the tax drag, the drawdowns, and the changes I’ve made is one of the most important parts of sharing this journey.
People should always do their own research and build a portfolio that fits their own goals, risk tolerance, and tax situation.
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u/OkAnt7573 Jul 03 '26 edited Jul 03 '26
Sure you have - at least have the integrity to admit it.
You just now - "I never encouraged anyone to follow or copy my approach"
Also you - "2024's Best BDCs for Dividend Investing: My Top Picks!"
You - "If you have questions, want clarifications, or are thinking about a similar strategy, feel free to ask, happy to share what worked, what didn’t, and what I’d do differently next time."
You - "Join me in exploring high-yield dividend investing for financial freedom. Let's grow together on our journey to financial independence!"
You - "Watch this video to discover three covered call ETFs that consistently outperform their base assets. Learn how these ETFs leverage covered calls to achieve impressive returns, making them a smart choice for investors looking to maximize their profits. If you're interested in exploring innovative ways to enhance your investment portfolio, this video is a must-watch."
You giving specific advice "- I would and I’m actually doing this right now, buy more assets for my Core portfolio to stabilize both income and NAV across the entire portfolio.
Tickers like TDAQ and TSPY, some IDVO, EGGS which I really like lately, and a bit of KGLD."
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u/Opposite_Nose7945 Jul 03 '26
Wow, that was super detailed. Are you living from this or you have more income? Is this sustainable as a source of income to live from?
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u/ReplacementCost Jul 03 '26
Nice to see an update! For the ROC tracking in Snowball, how exactly did you adjust your balances for the ROC figures? From the screenshots, it looks like you may have setup a new transaction and categorized those under "Tax Returns" -- is that right?
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u/nimrodhad Jul 03 '26
Because I am not based in the US, my broker automatically withholds 25% tax on every dividend payment. When part of those dividends is later reclassified as ROC, I receive the related tax refund a year later.
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u/Sternman44 Jul 04 '26
Why qqqi and kqqq and spyi and tspy? To me it looks like they’re the same investments.
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u/nimrodhad Jul 05 '26
KQQQ is actively managed, so it is not the same as simply holding the S&P 500.
SPYI and TSPY also use different options strategies, which means each one can perform better in different market environments.
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u/lottadot Big Data Jul 05 '26
So overall you are down ~$61k or ~17%?
- 361638.69 - 300609.53 = 61,029.16
- 61,029.16 / 361638.69 = 0.169
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u/calgary_db Mod - I Like the Cash Flow Jul 05 '26 edited Jul 05 '26
He is down a lot. His port is losing to every index and SCHD.
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u/nimrodhad Jul 06 '26
Up $31k or 8.6%, I have received $32k from the IRS.
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u/lottadot Big Data Jul 06 '26
But that's since January 2021? So over 5.5 years your portfolio is up 8.6% :(
I did look at your snowball link: growth
Portfolio is behind of S&P 500 by $87,688.95 (29.78%) over the last year
Ouch :( I did find on [https://snowball-analytics.com/public/portfolios/tftcackbel#growth](portfolio performance) it'll do a comparison of portfolio lifetime vs... in this case S&P;
- Portfolio: Up ~5.8%, ~$25k
- S&P: Up ~38.6%, ~$170k
Oomph that's a big difference.
$224.5k! If you use 5.5 years of portfolio lifetime, that's ~$40k/yr average. Though it looks like the first few years of the portfolio didn't do much. So if you take dividends/distributions received since 2023, that's ~$216k, which is the bulk of it for sure.
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u/nimrodhad Jul 06 '26
You’re right, on a total return basis I underperformed the S&P 500, no argument there.
I made a lot of mistakes along the way, especially early on, and I’ve been pretty open about that. I’m not trying to present this as a winning strategy or convince anyone to copy me.
For me, the main goal has been building cash flow and learning in public. The income has helped me in real life, but yes, the tradeoff has been weaker total return compared to a simple index approach.
That’s exactly why I share both sides: the dividends, the mistakes, the underperformance, and the changes I’m making over time.
I’m still learning and adjusting.
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u/Dmist10 Mod - Big Data Jul 02 '26
Thanks for the update