Is it worth it

Michael · 2025-07-15T18:54:24.286240Z

$IE000MMRLY96 What do you think the ETF will perform? Up to 24% return I bought 10 shares and want to watch it

Kai@Dividenden-Sammler

2Mês

I hope that the ETF data here at GQ is not correct. They are horrible otherwise.

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Dividendenopi👴@Dividendenopi

2Mês

@Dividenden-Sammler That's exactly what I was about to write 😇

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S.A.U.@SAUgut777

2Mês

@Dividenden-Sammler @Dividendenopi What's so gruesome for you two culture vultures here?

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Epi@Epi

2Mês

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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DividendenRATTE@DividendenRATTE

2Mês

@Epi Then I would like to place a counter-bet. 30% positive performance incl. dividends. dividends. The product is quite brilliant.

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Michael@equity_enthusiast_149

2Mês

@DividendenRATTE So you mean approx. 24% through dividend + approx. 6% share price growth?

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DividendenRATTE@DividendenRATTE

2Mês

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.

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Michael@equity_enthusiast_149

2Mês

@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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Thomas@Tom1000

2Mês

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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Michael@equity_enthusiast_149

2Mês

@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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Thomas@Tom1000

2Mês

@equity_enthusiast_149 Good idea, let's see how it goes...

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capital_guru_169@capital_guru_169

2Mês

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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S.A.U.@SAUgut777

2Mês

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 😉

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Michael@equity_enthusiast_149

2Mês

@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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S.A.U.@SAUgut777

2Mês

@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....

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QUANTIJS@QUANTIJS

2Mês

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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Is it worth it?