7Mês
Note: at -21% YTD, this ETF is underperforming the Nasdaq100 with its -17%.
Is it worth it?
Is it worth it?
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11
•7Mês
@Epi You can certainly discuss the ETF. But if I compare it with a current dividend of 13%... yes, the dividend can also be discussed. Cover all only yields around 7%.
But I assume that the stock will go back towards 15/16 euros and then it will be sold off
But I assume that the stock will go back towards 15/16 euros and then it will be sold off
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33
•7Mês
@Helleone Hmm, I don't know. 🤔
Even including distributions, the CC ETF performs significantly worse than the original: https://extraetf.com/de/etf-profile/IE00BM8R0J59?tab=chart
Why would you want something like that?
Even including distributions, the CC ETF performs significantly worse than the original: https://extraetf.com/de/etf-profile/IE00BM8R0J59?tab=chart
Why would you want something like that?
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11
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@Epi Well YTD just ~3% difference. I find the monthly distributions very attractive. You can make a good living from it. Of course, it's not a growth stock.
Since comparison (30.10.2024) the covered calls are doing even better:
iShares NASDAQ 100: -12%
Global X CC NASDAQ 100: -7.5%
JPM CC NASDAQ 100: -8.2%
https://extraetf.com/de/etf-comparison?products=IE00BM8R0J59-etf,IE000U9J8HX9-etf,IE00B53SZB19-etf
Covered calls tend to perform better and better, except in strongly rising markets. The upside is then capped.
Since comparison (30.10.2024) the covered calls are doing even better:
iShares NASDAQ 100: -12%
Global X CC NASDAQ 100: -7.5%
JPM CC NASDAQ 100: -8.2%
https://extraetf.com/de/etf-comparison?products=IE00BM8R0J59-etf,IE000U9J8HX9-etf,IE00B53SZB19-etf
Covered calls tend to perform better and better, except in strongly rising markets. The upside is then capped.
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22
•7Mês
@DISTLOVE Better compare the CC since the beginning of the CC, not since the beginning of a weird active Nasdaq fund.
https://extraetf.com/de/etf-comparison?products=IE00BM8R0J59-etf,IE00B53SZB19-etf
https://extraetf.com/de/etf-comparison?products=IE00BM8R0J59-etf,IE00B53SZB19-etf
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@Epi Yes, in strongly rising markets a CC stinks because of the upside limit.
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11
•@Epi doch, Cashflow.
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@Epi I didn't want to start a fundamental discussion about dividends here. There are pros and cons.
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