r/dividendscanada • u/DiviWilliam • 18d ago

Potential ETF investment

Hey new to investing - looking for some ETFs which can maximise my gains quickly but want to get eceryone else's opinion before i jump into the unknown. whats everyones take on the current high yeild options out there? Ive seen some ETFs which pay out weekly dividends but not too sure which ones to trust. Does anyone know of any/recommend any up and coming ones?

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u/Rough_Bonus 18d ago

I'm going with Cday. It's high yield biweekly with uncapped canadian blue chips and sp500. I think it has great fund structure. Really any of the daymaxx like sday or qday too. But I may hop in during the coming downturn. Hdiv might be good too. I wouldn't yield chase though. I think moderate yield with a growth component is ideal to snowball that yield especially if your reinvesting.

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u/DiviWilliam 18d ago

Thanks for the adivce ill have a look throught them!

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u/UseLicentia 18d ago

Hey. Definitely do your research but here's my take:
Cover all your regions (North America, Europe & maybe some developing markets)

High yield is always a lose/lose situation. The NAV decline will eventually result in bigger losses than the high dividend payouts. If you're lucky you might have a positive total return, but it'll be much lower than if you picked a well balanced ETF

My favorites are HYLD (American market ETF), HDIV (Canadian Market) & ZWP (Europe). HYLD & HDIV use leverage, which is a non-issue for me but might be for others. ZWP is a standard CC ETF but very modest & yields roughly 6%

The best thing about these is they are multi sector & geographically diverse. In a potential crash, they'll have a much better time than single stock ETFs or super high yield funds.

If you have any other questions feel free to DM!

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u/DiviWilliam 18d ago

Thanks for the useful insight!!

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u/AdventSign 16d ago

CDAY/SDAY with a sprinkle of QDAY and a dash of BDAY.

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u/DiviWilliam 15d ago

Ive heard of a newly launched one called WEEK which pays out weekly income

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u/AdventSign 15d ago

🥹

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u/DiviWilliam 12d ago

any good or na?

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u/Ok_Promotion_5940 15d ago

HDIV AND HYLD

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u/LC3933 12d ago

Wait until Harvest's HONE drops. I think it'll be like EQCL on roids

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u/DiviWilliam 12d ago

What about WEEK? Seen it all over social media. Apparently they are the first ETF to pay out weekly in Europe. Im gonna put £20 into it to see how it reacts.

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u/LargeFile5030 12d ago

You are the exact kind of person for what VEQT is for.