WEEKLY Dividends? QDTE & XDTE ETFs | YBTC EXTREME YIELD Bitcoin Covered Call ETF - Roundhill
ฝัง
- เผยแพร่เมื่อ 30 มิ.ย. 2024
- **NOT a Sponsored Video**
Join the PII Inner Circle for Exclusive Videos, Livestreams & Perks:
/ @passiveincomeinvesting
Details on the PII Inner Circle Membership:
• PII Inner Circle Membe...
Purchase The Ultimate DIY Investing Package: FREE Lifetime updates Included!
A companion and reference tool to help you build a Portfolio according to your Goals
passiveincomeinvesting.ca/pro...
Book a 1 on 1 coaching session with me & ask me anything:
How to book: • How to Book a 1 on 1 C...
Website: www.passiveincomeinvesting.ca/
Download Blossom: A FREE Mobile App for DIY Investors! - Follow my Portfolio LIVE & earn $ by completing short courses:
blossomsocialapp.page.link/pa...
Get $50 worth of Commission Free Trades when you open a Questrade Account using this link: questrade.sjv.io/PII
Questrade Review Video: • Switching to Questrade...
Organize and Manage your Portfolio more efficiently using PASSIV:
Get 50% OFF Passiv ELITE Membership (for 1 Year)
passiv.com/?ref=LCGFQDNGSY
Passiv Review Video: • Passiv: The Ultimate S...
Download my entire Portfolio in Excel for FREE:
passiveincomeinvesting.ca/fre...
Socials:
Facebook: profile.php?...
Instagram : / passive_income_investing
LinkedIn: / adriano-starinieri-55a...
00:00 Intro
00:48 QDTE & XDTE Overview
05:39 Covered Call Strategy
09:36 "Exploit Structural Market Mispricings"
12:10 ETF Holdings
14:22 Weekly Distributions!
16:27 Distributions THUS FAR
19:28 YBTC: Bitcoin + Covered Calls
26:04 YBTC vs MAXI
27:39 QDTE/XDTE vs QQQY/JEPY
MISSION:
Help everyday people to invest on their own, in order to create their own source of Passive Income to enhance their quality of life and reach Financial Independence
GOALS of this Channel:
1) To share my Personal Investing Journey & Strategy with the world. Everybody needs to make their own investing decisions. I am NOT against any style of investing and I will NEVER claim my Investing strategy is the “best”; its the best FOR ME
2) Educate you about Income Oriented Investing with a particular focus on Covered Call ETFs listed on the Canadian & U.S. Stock Markets
DISCLAIMER:
The videos and opinions on this channel are for informational and educational purposes only and do not constitute investment advice. Adriano Starinieri is not registered to provide investment advice and as such does not provide recommendations - those looking for investment advice should seek out a registered professional. Adriano is not responsible for investment actions taken by viewers.
#passiveincome #investing #dividendincome #financialfreedom #livingoffdividends #covered call #high yield #income
![[LIVE] : ONE ลุมพินี 68 | คู่เอก "พระจันทร์ฉาย vs โจนาธาน"](http://i.ytimg.com/vi/F3IM3w-XchI/mqdefault.jpg)
I really like hearing these managers get a chance to explain their stocks. Gives me more information to consider when buying
yup! that is the point of these . thanks for the feedback
Interesting. There is some NAV depreciation since inception but looking at the weekly distribution it looks good. I've just bought the dip in Amazon stock, aiming to expand my portfolio this year.
The same here, last weekend My portfolio made it to 20m$ total, started from 1m$, investing weekly dividends in long term ETFS that’s my route.
Are you a pro? how did you achieve this
No I'm not, Katherine Elizabeth Humphreys is behind my growth, look her up or make proper research for one who is suitable with your goals.
She's destined to be one of the best traders of her generation when compared to her peers. Great job!
More interesting and informative content. Thanks for sharing Adriano.
Great interview!
Thanks Adriano for doing these interviews to explain the new funds
Thanks, Adriano. You had a really good discussion with Dave; he didn't hesitate to answer any of your questions. Personally, I hold YBTC. I'm keeping an eye on the ODTE products, and once there is a bit more maturity and history, I will be able to decide between these two products.
He says less NAV erosion but in the last month these are down twice as much as all my other cc etfs. So i remain skeptical until i see better performance
Agree….so much erosion
@angel_killzit actually YTD it is down almost 5% so no its not green
@@jeancarloferreira9770 total return
Of course it will be twice as much “erosion” they pay distributions weekly. Where do the distributions come from? The NAV of the fund.
These are worse products than YieldMax.
I love the windows into the fund. Very transparent.
Good interview! I think NAV will do the same as Defiance long term as they play the same game, and the weekly distributions are not only compounding positively on the investor side, but negatively on the ETF NAV side
Thanks so much for this video please make more like this...
Good video. I hope these weekly etfs stick around since TGIF and WLKY didn't. I love the weekly dividends and would be cool if they were staggered so it could cover every day of the week.
Accidentally hit the “down thumb”. It would be GREAT to have a WEEKlY payout for every weekday for a daily payday !!!! Hope someone,with the wherewithal to do that, sees this !!!!
i worry if it cant stand for a year
i want dividend twice per week or everyday
@@archer_uk I agree. That is what I am worried about since TGIF and WKLY didn't survive either.
@@archer_uk Depending how you set your portfolio up it could be possible to get dividends once per week, twice per week or maybe even up to 5 times per week
Im in all 3 so ive been waiting for this video
I'm curious about these etfs. How is it so far? Do you see yourself holding these etfs for the long term?
@investinggrind we had a bad month in the markets so we down on nav but the whole market was down but we did get some nice weekly income , so far xdte is holding up better and is close to matching qdte on distributions so I'd rather recommend that one for people more concerned with nav . I'll give them a year buying more on ex div day to average down and see how that goes with total return
you DRIP'in?
Great, thank you
That was great! Adriano, can you do a video or if you've done one before (an updated video) of how the income generated from covered call ETF can continue for a long time? despite the nav potentially going down ( in certain ETFs) thus causing the fund mangers to call for a reverse split and decreasing potential dividend per share over time? I believe in retiring early and I do believe that this is a good vehicle to do it. However I feel like I am missing something of how the "money will run out".
My dream come true! Another good one 👍
I sold my QDTE and XDTE because the dividends were too inconsistent, I believe QDTE paid like .40 one week and dropped to .09 the next week. It looks like distributions got bigger again so I'll keep an eye on them because weekly payouts are perfect for everyone.
In the end how I see it, is that even though they pay every week.... It's best to gauge it every month. So what did you earn for the month would be better in knowing whether it's consistent or not. I personally wouldn't rely on these weekly. But monthly.
@Qpalzmcreehay I only had a few shares and wanted to get rid of something that was paying smaller dividends. I agree with gauging by the month that's a better way. Thanks for the reply
There’s gonna be some weeks that dont hit the mark
So u think monthly dividends is better?
@luxuryqueen42 Weekly would be better if the fund is managed right. I have ETFs paying out on different weeks during the month, so I'm already getting weekly payouts. So Monthly does the job!
It would be good to do an update video and ask Dave about Roundhill’s filings for the Russell 2000 covered call etf and the managed distribution ETFs. It would be good to ask about the four income ETFs as well that they filed for but I believe withdrew from. The short strangle ones on the Nasdaq 100 and S&P 500 sounded pretty good, so it would be good to know why they withdrew from them or if they still plan to do them. Also, a gold covered call etf would be very attractive I think as well since gold has a great track record so far, and I would like to know if they plan to do a gold covered call etf and why or why not.
Very helpful interview. I plan to start an initial position in XDTE for monitoring and learning purposes. Since inception, there is a slight NAV erosion while the S&P 500 has had a slight NAV increase. On a total return basis it's positive but ~50 basis points lower than the S&P500. 100% of returns are ROC, so tax efficient. All in all, worth evaluating further in my view.
I believe the manager said that none of the returns were ROC, at least so far.
Good Stuff!...Will buy some. ....wow, you a have good interview approach / skills.
Thank you Adrian❤
High expense ratio but more work is required, the question: is it worth it? I'll be keeping an eye on these, thanks for enlightening us with insightful Q&A!
.95% exp ratio for a fund manager that has performed -->Total Return: almost -6% in 2 months so -36% annual return.
weekly distribution is a huge game changer!
It will be interesting to see if the lower overall distribution allows for lower Nav reduction. I would say the initial nav reduction is from the downward movement of the underlying. I will own both QQQY and QDTE and compare their performance this year. So far so am enjoying the weekly deposit into my account.
I think they leanred there lesson 3 weeks ago when the numbers came out. 2 cents and 9 cents
I think that spooked a lot of people.
But i would rather have lower
Maybe 10 to 15 cents
Then 25 cents but most of it ROC and share price goes lower
is there any fund capture the lower side potential?
Interesting. There is some NAV depreciation since inception but looking at the weekly distribution it looks good.
Do they hold underlying stock or just like ymax,my english not so good . Tried to watch whole video. Would u describe this etf more like qqqi or yield max?
Thank you for this!! Are the distributions from YBTC considered a ROC?
info on their website the following year
Is the long exposure beta in the form of synthetic calls (long leaps)?
How do these work for taxes?
roughly how much % per week on these funds?
it will vary week by week
First!
Is there a Canadian equivalent? Can I hold XDTE in a TFSA???
I think you can, but you’ll have -15% taxe withholding vs 0% in RRSP
@@SummitMan165 Thanks!!!!!!!!!!
no, and no i would not hold high yield U.S. listed funds in a TFSA (15% tax)
@@PassiveIncomeInvesting THANKS DUDE!
@@PassiveIncomeInvesting yes 15% income tax is deducted in TFSA, but don’t the Canadian listed funds that holds US equities and generate distributions are also paying the same 15% income taxes at the source so, at the end retail investors level, it’s the same net results ?
Generally speaking, CC / covered puts ETFs are kindo cra/p. Somebody needs to create true CC/CPs . Ones that actively considers market trends, charting and algorithmic analysis
it is like someone hold the 0 day option and seek some victims to buy it. So they are now called investors
Thanks for doing these interviews. That said, this guy doesn't seem to confident of his product. So thanks, but no thanks for me... I want more stable NAV (vs NAV erosion)..
Anything that does not hold an underline is junk
Nice interview video Adrian! I love that you always ask the fund managers the tough questions. This give me a chance to observe how they respond before making a decision on whether or not I should put my hard-earned money into the fund.
Weekly distribution is nice, even though the yield is not stable. It could be a nice secondary position for any covered call portfolio. If I add on Monday, then I will get paid by Friday.
Thanks Adrian! I've been waiting for this interview for a while.