One of the few people who focus on success rather than quantity in terms of having so many ETFs to see which one will stick and be successful. These people are the real deal, they hold the actual underlying equities and have a methodology that is not stagnant but more flexible in navigating the markets.
What? Will happen when the index drops 40 to 50%? Will the payout ratio be approximately the same? And how long will it take for the index part two go back up in value? Thank you.
@@SydblackswanSydblackswan well an index fund probably wouldn’t drop 40-50%, maybe like 15-20% realistically and that’s purely based off a situation like inflation, pandemic, war, etc. With that being said, the dividend pay out would definitely decrease. They etfs mimic their respective etf with not as much downside therefore in a year where it dips 15%, these may only drop 8-9% with maybe a 7-8% payout.
Feds been saying rates will go down for a while now to keep the markets running hot. Now, they have no choice but, if real numbers show inflation is going back up, they will not cut and boom. So let’s hope rate cuts are coming September. WH been printing money to feed the markets for a while now leading us into this debit bubble. I believe the markets have been running pumped up on synthetic numbers, look around, stores are closing everywhere, stock buybacks, prices are still high in the grocery stores and don’t seem to be getting back to where they were. We are being fed lies.
spyt is cool, its just a flat stock! its more like a savings account. a new one just came out, it pays a few cents less then spyt but it has stock movement called tspy.
Adriano, thanks as always for another informative deep dive into the CC landscape. I notice you have no NEOS funds in your accounts (as of Aug portfolio update). How come?
my portfolio is based on my objectives, my goals and personality. there are many funds i talk about and cover that i do not own. it does not mean you shouldn't . all that matters is your portfolio and goals. not mine.
Can you ask them to all of the covered call ETFs management you interviews - what is your current position of this ETF? What is the % of this etf on your overall portfolio invested in to this?
Because of the fast growth of covered-call-writing ETFs, wouldn't the increased supply of high-volume sellers reduce the premium available on call options? I would think this should already be reducing yields from selling calls. In a few years this strategy may no longer be profitable as the market becomes saturated with call sellers.
I would not dare to say that anything is "stable" right now, especially leveraged funds. What I personally have done is go against advice. I bought FFN when it went down and suspended dividends, which then got me to a positive balance now and a high-yield income. I don't know, honestly, what is stable anymore; real estate, ETFs, index, whatever... it seems now is the time to take high risks like buying Intel when it dropped 25-30% in a day, maybe even REITs that are heated down.
I bought FFN too while distributions were suspended; up now 66% with a yield of over 38%. Likewise I bought DGS; up now over 32% with a yield of 24.7%. I hope to buy more DGS on the next round of suspended distributions. (I need it for the ROC it pays) The best time to buy class A split funds is when distributions are suspended. So keep an eye on FFN, DFN and DGS.
There is always one. Yes, It's return of capital...so you basically earn your dividends every month and at the end of the year you sell everything and recoup your initial investment and now you have all your money back and your dividends and...wait, that doesn't match your logic, does it?
@@TonyMontanaDS no thats not how return of capital works. You take all your dividend investments that is return of capital and subtract it from your expense of the stock. when you sell your taxed that amount as it is ordinary income at the time of sale. hope that makes sense? I guess as long as you never sell it....
It's OK, ETFs are not women..If a hotter one comes along, it's OK to look at it.....He shows his holdings every month so I don't think he is biased to a "sponsor".
SPYI is a great fund and one of the fastest growing covered call funds, so I don’t think anything he said was out of line. He was also up front that it’s a sponsored video so I don’t have a problem with it.
One of the few people who focus on success rather than quantity in terms of having so many ETFs to see which one will stick and be successful. These people are the real deal, they hold the actual underlying equities and have a methodology that is not stagnant but more flexible in navigating the markets.
Awesome interview Adrian. Keep up the great content. I’ve been in this funds for almost a year and I’m very happy with the results.
Their funds do not rely on synthetic underlying positions, which is a big plus!
I love interviews with fund managers thanks a lot
Excellent video!! I love SPYI and will be buying more shares prior to their 9/25 ex-div.
What? Will happen when the index drops 40 to 50%? Will the payout ratio be approximately the same? And how long will it take for the index part two go back up in value? Thank you.
@@SydblackswanSydblackswan well an index fund probably wouldn’t drop 40-50%, maybe like 15-20% realistically and that’s purely based off a situation like inflation, pandemic, war, etc. With that being said, the dividend pay out would definitely decrease. They etfs mimic their respective etf with not as much downside therefore in a year where it dips 15%, these may only drop 8-9% with maybe a 7-8% payout.
Feds been saying rates will go down for a while now to keep the markets running hot. Now, they have no choice but, if real numbers show inflation is going back up, they will not cut and boom. So let’s hope rate cuts are coming September. WH been printing money to feed the markets for a while now leading us into this debit bubble. I believe the markets have been running pumped up on synthetic numbers, look around, stores are closing everywhere, stock buybacks, prices are still high in the grocery stores and don’t seem to be getting back to where they were. We are being fed lies.
I do own this one but I prefer $SPYT and have a larger position in that one which I think is the best S&P cover call ETF of them all.
ISPY have the best total return but a little lower distribution yield 10-12%
spyt is cool, its just a flat stock! its more like a savings account. a new one just came out, it pays a few cents less then spyt but it has stock movement called tspy.
How would SPYI fare in bear market conditions?
Can you take a few minutes in one of your next videos to explain to us why the YIELDMAX ETF'S are all crashing down?
Yieldmax just changed their game plan, you should start seeing some more nav increasing.
These funds work very well but they require a large amount of capital to live off of I'm happy with them
Adriano, thanks as always for another informative deep dive into the CC landscape. I notice you have no NEOS funds in your accounts (as of Aug portfolio update). How come?
my portfolio is based on my objectives, my goals and personality. there are many funds i talk about and cover that i do not own. it does not mean you shouldn't . all that matters is your portfolio and goals. not mine.
Hey bud, great video! 👍
Thanks for watching
My concern is that the underlying equities are going up, so 12% return is not hard if SP going up 10%.
Does SPYT use the same model as SPYI? I know it may not be as tax efficient either.
Are there any other ETFs that use section 1256 contracts?
I think Roundhill also uses CCs that are index based.
@@pankajgoel4301yep, and that something they need to educate people about unless they are treated differently because of the hold times are shorter.
why there are no covered call etfs on Gold (say GLD) ?
Which of these has the very longest track record, so we can avoid plunging in on a short term gainer ?
Can you ask them to all of the covered call ETFs management you interviews - what is your current position of this ETF? What is the % of this etf on your overall portfolio invested in to this?
Because of the fast growth of covered-call-writing ETFs, wouldn't the increased supply of high-volume sellers reduce the premium available on call options? I would think this should already be reducing yields from selling calls. In a few years this strategy may no longer be profitable as the market becomes saturated with call sellers.
No, because as the math changes with growth hence the contrast sold. I seriously doubt the market will not have buyers in the option world.
I will eventually sell my position in JEPI and move it to NEOS. Much better return.
TDVI and ISPY/IQQQ have much better returns
Much more risk on the downside
On these types of funds, is the payout ratio a big deal?
what payout ratio? these are indexes, not single companies
@@PassiveIncomeInvesting Where is my reply?
@@PassiveIncomeInvesting Are you receiving my question? Because I'm not seeing the question I just asked you?
👍
Bummer to hear Neos has no plan for a daily option strategy.
Not at all. Happy to see they are sticking to what they are best at
I would not dare to say that anything is "stable" right now, especially leveraged funds. What I personally have done is go against advice. I bought FFN when it went down and suspended dividends, which then got me to a positive balance now and a high-yield income. I don't know, honestly, what is stable anymore; real estate, ETFs, index, whatever... it seems now is the time to take high risks like buying Intel when it dropped 25-30% in a day, maybe even REITs that are heated down.
I bought FFN too while distributions were suspended; up now 66% with a yield of over 38%. Likewise I bought DGS; up now over 32% with a yield of 24.7%. I hope to buy more DGS on the next round of suspended distributions. (I need it for the ROC it pays)
The best time to buy class A split funds is when distributions are suspended. So keep an eye on FFN, DFN and DGS.
Nice move , see that’s why you gotta actively manage your portfolio AND have cash on the sidelines ready to deploy when the deals hit
@@mmmyeahh Yes, September and October usually have the best buying opportunities. Let the games begin on Tuesday!
😎
First 🔥
Nice!!
The problem is 92% of the dividend is return of capital meaning you will have to pay taxes on this when you sell.
There is always one. Yes, It's return of capital...so you basically earn your dividends every month and at the end of the year you sell everything and recoup your initial investment and now you have all your money back and your dividends and...wait, that doesn't match your logic, does it?
@@TonyMontanaDS no thats not how return of capital works. You take all your dividend investments that is return of capital and subtract it from your expense of the stock. when you sell your taxed that amount as it is ordinary income at the time of sale. hope that makes sense? I guess as long as you never sell it....
better than ordinary income no? (i am not a tax expert in the U.S.)
Or keep it in a Roth
A paid 30+ min commercial? I watched a youtube commercial first to then what this 30+ min commercial? I am out here. Not a good source of data.
What? I love hearing from the portfolio managers. Excellent video in my opinion
Way better to hear pertinent information from the source itself over any TH-camrs opinion when most of them are broke.
100% agreed!!
Then don't watch, easy solution. Hard to have this kind of access to the PMs. Much appreciate the video, ty.
@@nooshi196921 well I’m trying to say is this is sponsored and not unbiased.
He lacks unbiased opinion, whoever sponsor him he praise them for that day!!!
It's OK, ETFs are not women..If a hotter one comes along, it's OK to look at it.....He shows his holdings every month so I don't think he is biased to a "sponsor".
No need to be negative, information is power, use it well… Stop being a 💩 or go elsewhere
If he was biased, he would own at least one of each sponsor's funds.
SPYI is a great fund and one of the fastest growing covered call funds, so I don’t think anything he said was out of line. He was also up front that it’s a sponsored video so I don’t have a problem with it.
@@SB-kd8le does he hold any? one should preach what he practice