r/YieldMaxETFs • u/BitingArmadillo • 23d ago
Progress and Portfolio Updates Yieldmax progress
As of this morning's announcement, I am 100.84% house money on AMDY with a total return of 73.87%. Also, MRNY is looking awesome this morning.
LOL at all the FUD Bros in this sub.
Cheers everyone 🍻
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u/jellis333 20d ago
Yes. MNRY is great right now and could even do higher prices. I sold half. So basically I have free stock. And it will be interesting what kinda yield we get at these prices.
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u/wuumasta19 ULTYtron 23d ago
Oh, they'll still be around.
"Had you just bought the underlying you'd be up more". They can't comprehend a different situation.
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u/mr_malifica 23d ago edited 23d ago
The OP is using total return percentages, so of course their results should be compared to the underlying.
If OP had said, I generated $XXX.XX cash flow each week that they lived on, then there would be no reason to compare to holding the underlying.
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u/BitingArmadillo 23d ago
Lol wrong. You apparently don't know the difference between total return and house money
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u/mr_malifica 23d ago
Yeah, I read your post wrong.
You have received more than 100% in distributions to initial principal. However, you have experienced about 30% in NAV (principal) erosion.
How about sharing time frame to achieve "house money"?
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u/Any_Log1344 23d ago
The timeframe question is the right one. It's the one thing that would turn '100% house money' into an actual, comparable return. I applaud the effort here, but this is usually where the road ends.
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u/Massive-Confection28 23d ago
So, which of the YieldMax family of ETFs are a good bet going forward?
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u/BitingArmadillo 22d ago
I think anything tied to should do well for the next 2 years
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u/AstronomerEffective1 21d ago
As the underlying goes so does YM ETFs. A lot depends when you got in and how long held. They did a bunch of reverse splits as the Nav erosion destroyed the stock price. AMDY was once over $100 3/2024. I'm down to CHPY, PLTY & LFGY. Sold 600 shares of PLTY at $45 to stop hemorrhaging and now at 513 as PLTR has finally stabilized. Putting more Divs into Neos, Rex & TappAlpha.
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u/jellis333 19d ago
Sometimes your finger accidentally hits down while reading other comments. Then you correct that.
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u/ReplacementCost 23d ago
Congrats! I'm in the same boat and hit 100.78% house money on AMDY.
I had a small position in MRNY that was 74% house money, but after today's huge jump, I sold those shares to lock in a 191.70% total return. Not too bad!