2Wk·

Experience with the ETF

Does anyone have experience with this ETF $YYYY (+0.27%) ?

Since I expect significant growth in AI/Tech in the coming years, the dividend yield is very attractive

8 Comments

Keineui@Keineui

2Wk

Yep; 25% dividend return and growth sounds absolutely not like a cheat and a legit way to invest your money. Really dumb of all the other people to buy other stuff though

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NichtRelevant@NichtRelevant

2Wk

You should have a look at the chart and ask yourself if this product is suitable for you. The payout is extremly high but the price has dropped quite a bit over the last 12 month. The payout is achieved thru options, it is not exactly dividends.
If you still like this product you might also want to look into $CHPY .

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Michel V.@Noord26

2Wk

Don't focus on yield; focus on growth. Why did this ETF lose value last year? That's particularly bad for a tech ETF.

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ETFBAAS@etfbaas

2Wk

@Noord26 You have a point

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NichtRelevant@NichtRelevant

2Wk

@Noord26 This is NOT for growth. It is published by Yieldmaxx - its purpose is to provide yield/payouts and uses the techstocks only as a base to work with their Covered Call / Options strategy. There might be some upside potential if you are lucky, but it is mainly designed to provide payouts.

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Michel V.@Noord26

2Wk

@NichtRelevant Topic starter wants an long term investment. Why chasing yield while the ETF is going down in a strong momentum tech? That is like washing you're money away long term.

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NichtRelevant@NichtRelevant

2Wk

@Noord26 correct. It is the wrong product if you want to invest in tech growth.

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ColdzeroNL@ColdzeroNL

2Wk

Had this one but sold it on the NAV erosion. And the supposed box 3 rules are killing for this asset as a Dutch person

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