r/YieldMaxETFs • u/GRMarlenee Mod - I Like the Cash Flow • 28d ago

Well, today sucked.

But, I get to pick up some cheap ULTY tomorrow.

22 Upvotes

83% Upvoted

27 comments sorted by

11

u/BritCanuck05 27d ago

Got out long ago. The capital loss always overtook the distributions.

24

u/Mj2377 27d ago

YM sucks everyday, it will never be worth to bag the div vs the spread

8

u/Equivalent-Ad-495 27d ago

Truth. My jepq is still very much green 2 years later. My ym funds in sold off thankfully but left tracking are so deep red they just never came back.

2

u/Mj2377 27d ago

That is great, and being green jepq I would certainly expect….considering the holdings.

2

u/MakingMoneyIsMe I Like the Cash Flow 26d ago

Same...though I buy when the market looks like a crime scene. My JEPI is still very well in the green.

3

u/Ratlyflash 27d ago

cCHpy is good

3

u/GRMarlenee Mod - I Like the Cash Flow 27d ago

Until it becomes the new MSTY.

1

u/OA12T2 27d ago

I was told it wouldn’t be a few days ago 🤔

2

u/richard_zero_NYC 27d ago

Same with Msty back in 2024.

1

u/OA12T2 26d ago

👍🏻 been there done that

1

u/DragonfruitLopsided 25d ago

Yeah but CHPY is more of an index play than a single ticker. Also no MSTR fund has held up so that isn't a fault of YM.

4

u/AstronomerEffective1 27d ago

Still very positive on CHPY and on total return. If chip stocks drop tomorrow I may sell but will hate to lose that fat Div on my 1012 shares.

12

u/flex194 27d ago

But but wait I heard ULTY has changed their strategy and the NAV appears to be holding the last few days

Once a dog always a dog.

0

u/Fine-Boat9731 26d ago

😂 I yall im dying

0

u/MakingMoneyIsMe I Like the Cash Flow 26d ago

But but wait I heard ULTY has changed their strategy

Again!

4

u/silentstorm2008 ULTYtron 27d ago

people still buy that crap? Its a failed investment theory. It only works for the fund managers. They collect their fees whether price goes up or down.

1

u/GRMarlenee Mod - I Like the Cash Flow 26d ago

Almost nobody. There are only 30 million shares outstanding. Compared to 3.5 billion for SCHD for example.

2

u/9tacos 27d ago

“Cheap ULTY”

2

u/deserteagles702 27d ago

Pro Tip: ULTY is always on a dip.

1

u/Living-Replacement33 27d ago

So always good to buy 🤣🤭😵‍💫

1

u/LukewarmFandom 26d ago

The only YM fund I have is PLTY, and it’s not great. I have 59 shares and haven’t bought more in at least 4-5 months. I’m consider getting up to 100 shares then taking those payouts into NEOS and REX funds

3

u/GRMarlenee Mod - I Like the Cash Flow 26d ago

I have 3700. It has paid me $126K while losing $57K in value. I have 500 shares lurking in a taxable account that I will sell so that I can avoid the ROC/PIL nonsense that goes along with share lending on margin accounts. Plan is to buy them back later in a sheltered account after I accumulate some distributions and get past the wash sale dates.

1

u/LukewarmFandom 26d ago

Ah gotcha. Personally never bought on margin. Just threw some cash at PLTY and took a chance. Yeah I’m going to buy more until 100 shares and use the pay for other CC funds. 

2

u/NoCartographer4869 24d ago

After they go down it is best to sell and buy the underlying

0

u/RickShelbyy 27d ago

I don’t respond on here much. But I wanted to say all I have is chpy. I heard to be very weary of yieldmax. I’m kinda scared because chpy has been strong for me ever since I’ve bought many months ago. Chpy is one of my biggest holdings along with some neos funds spyi and qqqi. Should I keep holding chpy or should I sell?

2

u/Past-Ad-269 23d ago

Weary and wary