4Sem.·

Is it worth it?

$IE000MMRLY96 (-1,65 %)


What do you think the ETF will perform?

Up to 24% return

I bought 10 shares and want to watch it

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16 Commentaires

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I hope that the ETF data here at GQ is not correct. They are horrible otherwise.
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@Dividenden-Sammler That's exactly what I was about to write 😇
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@Dividenden-Sammler @Dividendenopi What's so gruesome for you two culture vultures here?
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4Sem.
Do you understand how the ETF generates this alleged 24% return? What the risks, the history, the characteristics are?

My bet: the ETF will make -30% incl. dividends in the next 12 months and then be liquidated. 😅
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@Epi Then I would like to place a counter-bet. 30% positive performance incl. dividends. dividends. The product is quite brilliant.
@DividendenRATTE So you mean approx. 24% through dividend + approx. 6% share price growth?
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Strictly speaking, it is not a dividend in the traditional sense. They are option premiums. Theoretically, the ETF can manage this. However, if there is a sharp drop, it will be difficult. Because the ETF will then only recover very slowly. But it's fun to bet. Of course, you could be right.
@DividendenRATTE a sideways movement in the "dividend" would be enough for me ... But if I have understood correctly, they are also safe

Example share XY is at 100€ option on 110€ is sold for 1€ (amounts arbitrary) if the share shoots through the roof you buy options yourself at the same time at 115 or 120€ at a cheaper price than the 1€ you got before
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I also find the ETF very interesting. I will invest weekly via the savings plan. After a year, I'll decide whether to keep it and continue investing.
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@Tom1000 As I said, I bought ten shares and will first see how it develops over the next 3 6 12 months and see if I buy more in the meantime
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@equity_enthusiast_149 Good idea, let's see how it goes...
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I am currently open to the experiment and added 35 shares to my portfolio a few days ago, but will probably increase this to a total of 50 shares in ex-days....

@Epi but time will tell and there isn't really any history here yet, it's a relatively new investment...actively managed and won't just rely on sold calls.

In my opinion, it will be interesting now in the reporting season and in relation to the dollar, but hindsight is always wiser 😉
@SAUgut77 I find it very interesting that they not only sell options but also buy some themselves for a lower price, logically, and thus also partially secure the upward trend
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@equity_enthusiast_149 YieldMax is a good and popular provider in the USA and is now offering the first ETF in Europe via HanETF...so I don't see anything negative in the concept for the time being and with the freedom to offer or buy it yourself compared to standard covered calls, I even see potential. I also see the fact that they don't just focus stubbornly on the big 7 as an opportunity and an advantage....
So far 4.5 % total return for me. The first 3 distributions are at a stable 2% per month. So it has been a good investment for me so far.

So if you want to generate income from it, it's a good option. In the long term, however, you will do better with a Nasdaq 100 ETF, for example.
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This is YMAG (https://portfolioslab.com/symbol/YMAG) and you need to check total returns because of the high div yield. Slightly better compared to other nasdaq CC because only the mag 7 instead of whole.
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