9Mon·

Opinions on the XYLP

Good morning everyone. What is your opinion on the subject of covered calls and the $XYLP (-0.4%) ? Buy or stay away

6 Comments

Melchior@ColdzeroNL

9Mon

I have 4% price increase this year so far so it also depends on when you invest in this product to experience price growth. Add the 10% dividend and guess how I feel about this CC ETF.

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Joris@JorisInvests

9Mon

@ColdzeroNL same for me 👍🏻. I'm wondering what people are going to say when their investments are down 30% and the cc etf is down 30% as well, but in the meantime payed out 9% in income (from cc premiums/dividends).

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Johnny B.@JBatelli

9Mon

In the last 12 months:
S&P500. 7.9%
CC S&P500. 0.4%
So if you want to leave that much return (including dividends) just to have distributions, then you can do it. Otherwise, hands off.

For me, the best CC ETF is $WINC because it comes close to the performance of the MSCI World.

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Joris@JorisInvests

9Mon

@JBatelli in what currency are you comparing both against one and another? Just want to make sure if you are comparing apples to apples and not pears.

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Johnny B.@JBatelli

9Mon

@JorisInvests Euro

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Joris@JorisInvests

9Mon

@JBatelli thank you 👍🏻

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