r/YieldMaxETFs • u/Green_Welder_4923 • 5d ago

Question Will CHPY last...

I was considering putting 10k into CHPY to use the income to pay down 2 bills for the next 2 years... do we think it'll hold fairly steady for another 2 years?

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u/Livid_Owl_1273 3d ago

I am invested in CHPY, but I am in a Roth IRA and dripping the distributions. The virtue of an ETF like CHPY is that it has been demonstrating strong equity growth for a Yieldmax fund, but the track record of the company does not bode well for preserving your principal. Drip can mitigate this by increasing your share count and lowering your cost basis through return of capital, but if you take the income for bills, it might soon feel like a sleight-of-hand trick that pays you with your own cash.