2Sem.·

Cashflow generator.

07.02
Global X NASDAQ 100 Covered Call ETF logo
Reçu x229 dividendes à 0,179 $US
40,88 $US
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10 Commentaires

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I am looking for more similar etfs if anyone can recommend
@Ijlal24 BDC companies maybe?
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@Investment4Life I have $O $VICI but the etfs like $QYLE $JEPI have crazy dividends
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I still wonder why the hell someone would buy a covered call ETF in rising markets? I would be interested to know the motivation?
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@TomTurboInvest When it came out, nobody could have known that the market would rise like this again. Wonderful for a slight rise or sideways movement. Anyway, things turned out differently, the ETF still performed reasonably well and, plus the distribution, I am very satisfied. It has coped well with the few somewhat stronger setbacks. It suits my monthly cash flow. I'm sticking with it
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@TomTurboInvest I could imagine 2 explanations:

- Someone who is really looking primarily at distributions (e.g. retirement phase, stop working at 40)
- Or, if one rather assumes a volatile sideways movement due to the Trump policy

-> I'm always open to new "financial innovations", so I'm toying with the idea of starting a small savings plan on the JPM Morgan ETF $JEPQ to follow the development a little more closely and test the strategy myself 😄
(Not necessarily 100% rational 😂)
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@Mister_ultra in a sideways phase is absolutely understandable. But as long as the trend is still somehow upwards, I would prefer the underlying index. But perhaps an option in the context of portfolio diversification. What always bothers me is that the gains are capped, but the losses are not really...
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@TomTurboInvest I agree with you! You are covered on the upside, while you have a buffer on the downside. Whether this is 3% or 10% in a downtrend remains to be seen how well active management works.

I find the comparison between the US version (which has been around for ~3 years) and a pure NASDAQ ETF (QQQ) interesting. In these ~3 years, the underperformance was actually "only" 10% (62% vs. 52%).
On the one hand, 10% is of course a house number, on the other hand I would have suspected that the price gains would have been "clawed away" even more.
https://portfolioslab.com/tools/stock-comparison/JEPQ/QQQ

Global X is actually only up 29% over the same period. I find that really disproportionate.
https://portfolioslab.com/tools/stock-comparison/JEPQ/QYLD
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