HYLD: Bad Investment? Are the Dividends Sustainable? | Why I'm Investing 15k in HYLD!

[@MeZoRH]

HYLD, HDIF, HDIV are my 3 largest holding. Simple buy and forget, Keep buying more each month. I’m making 200$ per month off HDIF rn.

[@ptsb5a]

You know Adrian. I'm pretty impressed that our little community has led to you being able to access folks like Mr Wessel and get straight talk answers for us. It would be otherwise nearly impossible for individual small time investors like me to do so. Thanks man.

[@ericav4202]

Totally agree!

[@Whatisthisstupidfinghandle]

Yep !

[@PassiveIncomeInvesting]

Thanks buddy ! You gotta thank rob also , he always makes himself available

[@pilotgirl5953]

Just added more to my Holdings. It’s in my top 3 divided holdings. Thx for posting

[@kevbutler81]

I now have EIT DFN $ HYLD in my small portfolio and growing because of your channel. I’m looking forward to seeing my returns growing and my retirement target age coming down! I’m 43 and I hope to be totally independent by 50 👍

[@joannapatterson4625]

I’m not concerned about HYLD. Look at the holdings inside. No surprise there. I’ll be adding more. Thanks for the video!

[@lastnamefirst650]

Literally just bought more this week. Thanks for this video!!

[@angelinachow1011]

Thank you Adrian for this reassuring video. HYLD is one of my largest holdings because I wanted to partake in the US market without converting my CAD to USD. I also like the diversification it offers. Hopefully the market will rebound at some point. I appreciate that you have a pulse on what your audience’s concerns are and make videos to address them. Thanks again!

[@PassiveIncomeInvesting]

Glad it was helpful Angelina! Stay Passive

[@angelinachow1011]

@@PassiveIncomeInvesting 👍

[@LtotheV_]

Always nice hearing from portfolio managers' insights. Gives investors better confidence and clarity! Great content, as always 🔥🔥🔥

[@aldoaldo2274]

Thanks for the video,I have big positions on Hyld +Hdiv+Hdif ,I enjoy my high dividend,I’m gonna keep them for long term

[@langleyj8199]

I’m not worried. Good video. I buy more when it dips.

[@yarkoprots3046]

a concern about HYLD.... the main holding in the fund is QYLD, this fund has been on a downward trend ever since inception in 2014. This is due to the way it is set up, and to sustain the high divident payout. I know we arent supose to be concnered with growth and stock price of hyld, but will holding a big chunck of QYLD hinder the chances of HYLD ever reocvering to previous highs?

[@PassiveIncomeInvesting]

lets see shall we?? I'm definitely not worried

[@Durhamcarpetcleaning]

I just bought some HYLD I’m definitely going to continue to add to this if it continues to go down

[@PassiveIncomeInvesting]

continues to go down? its going up right now. It will follow what the overall U.S. market does

[@Durhamcarpetcleaning]

@@PassiveIncomeInvesting yeah probably not for long though. I don’t think the real bad news has yet to come out. This might just be a little bit of a Santa Claus rally. Everything is lagging numbers wise. Especially in the US economy.

[@scotttroxell6589]

Sounds like now is the time to buy the ETF. Buy the dip always. Thanks for your help. I am new but not new to your channel. Look for more info. Thanks

[@PassiveIncomeInvesting]

Thanks and welcome

[@yannik9341]

After watching and studying for a while now, I've realized that total returns of indexes beat the total returns of covered call ETFs. Yes, they cushion the downside, but they limit your upside. Just sayin'. I knew there was a catch, and...I found it. But, yes, covered call ETFs do serve a purpose for someone that wants income now and does not need growth. I think SCHD is the best balance.

[@PassiveIncomeInvesting]

yes of course , this is a known fact, but funds like HDIV, HYLD AND HDIF are looking to change that.= with the 25% leverage. Watch the latest HDIV video. It beat the TSX60 index by a long shot.

[@yannik9341]

@@PassiveIncomeInvesting OK. I saw it and understand it. Is there a way to not give up upside, and match the returns of a benchmark, by not leveraging by 1.25 either? It's psychological. Because a 60% crash becomes a 75% crash with leveraging. Well, actually 66.5% with the yield. Is the worst case scenario being down 66.5% and then either Harvest no longer being able to borrow in a credit crisis, or borrowing rates skyrocket, or the government abolishing ETF leverage? Then you would never be able to recover.

[@PassiveIncomeInvesting]

You’re overthinking it buddy . Remember that losses are a fantasy unless you sell . If you don’t sell you will be fine forever . It’s impossible for covered call funds to outperform indexes without leverage . You can’t have it all . You need to decide for yourself what’s most important . Income or total returns . It depends on your personal objectives and goals .

[@rogerbudgell4226]

Great job Adrian , your videos is certainly adding to the growing interest in income investing , Today I am adding to HYLD ,can’t predict the bottom but I am very pleased with today’s price.

[@L3G0FaN]

Personally I will be lowering my weighting of HYLD, and hold the constituents in my RRSP to avoid withholding taxes, and increasing my weighting of HDIF - recommend others do the same. HDIF just added another ETF, HLIF for Canadian market exposure and it has a management fee of 0 with leverage! So you only pay for the underlying ETF’s. Compare this to HYLD with a total MER well above 2%, worse than RBC mutual funds lol. HDIF is HYLD’s biggest competitor, but I think it’s really going to start to shine over HYLD in the coming months. Time will tell, but I’ll still be holding both for the long term.

[@PassiveIncomeInvesting]

i understand what you mean that holding HYLD in an RRSP seems counterproductive, but remember that 25%leverage. its key and can offset your concerns easily in the long run.

[@motivationmastery684]

@@PassiveIncomeInvesting There is withholding taxes with HYLD? Is it not a Canadian ETF (which is made up of US funds)?

[@PassiveIncomeInvesting]

No it’s Canadian listed . It’s already included

[@L3G0FaN]

@@PassiveIncomeInvesting I meant the primary constituents - QYLD, RYLD, and XYLD in my RRSP to avoid withholding taxes on the distributions and pay much less in management fees. That way I’ve got exposure to the 3/7 ETF’s from HYLD, and then two of the harvest ones are already in HDIF with 25% leverage as well. That leaves TXF, which we already have high exposure to tech with the global X funds, and the GLCC fund which to be honest I’m not that fond of with how gold has been preforming. I will still hold HYLD in my TFSA/Personal, just lowering the weighting with these changes!

[@danjennings4700]

@@L3G0FaN Some validity to your strategy. Essentially, HYLD loses the 15% withholding taxes on the US funds. HYLD has a good yield, but if you held QYLD, etc in your unregistered account, you get 'credit' for the 15% on your Cdn tax return (so the withholding tax is not completely lost, as it is in HYLD). And in your RRSP, there is no withholding (due to the tax treaty).

[@renegauthier4593]

Investing right at the beginning doesn't usually end good on the short term. I always wait at least a year before getting in new ETFs, especially with Hamilton. I bought it just recently with hmax.

[@psr076]

This is is reassuring! I have both Hdiv and Hyld. I dollar cast average since learning about them.

[@mikecasista]

Adrian, thank you so much for this video! Very helpful and informative as always. I really hope my earlier comment in the poll didnt come across as negative, it wasn't intended that way at all and I (as im sure others) really appreciate the time you take to lay this all out in a professional succinct manner. please keep up the amazing work!

[@PassiveIncomeInvesting]

thanks Mike, not sure which comment you are referring to, but dont worry

[@RockNcountrySTAR]

Good to hear your confidence in HYLD Adrian ,although I’m not worried about this stock, I’ve added more of this ETF , at a great discount ,the last month or 2 than any other stock but I always appreciate your perspective as well as hearing Rob’s information on Hamilton’s future plans for HYLD and HDIV.

[@PassiveIncomeInvesting]

thanks bud

[@ar6888]

Good video, I'll be buying some HYLD tomorrow

[@ChrisBrown-kv7yh]

Just bought another 1000 shares so I'm up to 4000 and it's the largest position in my portfolio as well. It's still more than two dollars less per share pan what I've paid. Hope I am doing the right thing, I'll keep you posted.

[@PassiveIncomeInvesting]

You are … I just got some some too

[@paulsantori8920]

Take the annual dividend and divide it by the share price.

[@tsvetelinapeeva8796]

You have such unique approach to your channel. Having to hear from the fund managers is always comforting for an investor. I have learnt a lot from your interviewes . Look forward to other video.

[@PassiveIncomeInvesting]

Thanks ! I plan on many more as I build my relationship with many of them . It’s a WIP

[@dgomes265]

Never get these at launch. The problem with all of these funds is the decline of share prices. Just converted HMAX to HDIV and will like to get out of HYLD. Recently bought some HTA.

[@gezin82]

USOI, CLM, CRF, QYLD, RYLD,JEPI.... These are my main holdings from greatest investment to least. I'm definitely taking advantage of high yield of USOI to fund others on highest dividen returns of USOI

[@kevinrca]

I have all these too

[@PassiveIncomeInvesting]

good mix!

[@kevinrca]

ABR, ACP, ADX, CHW, CLM, CRF, DSL, ECC, ERC, FAX, GGN, GLV, GOF, GOGL, JEPI, JEPQ, LDP, NCV, OPP, OXLC, PCF, PDI, PHF, PTY, QYLD, RA, RIV, RYLD, SBLK, USA, USOI, XFLT, XYLD, and ZTR….. My main long term buy and hold holdings

[@Martmi29]

USOI announced they are doing a 1-20 reverse split. Do you know if the relative range of the yield % remains the same? for example if they pay 12 cents per share dividend prior to the reverse split, will they pay $2.40 after the reverse split.

[@PassiveIncomeInvesting]

We’ll have to wait and see but usually yes

[@JOHNHSMITH2]

I put all my global x funds into JEPI and JEPQ. May pick global x back up down the road. I dont like how the distribution is tied in with the NAV price. Covered call funds at the money seem like thet are designed to lose value.

[@PassiveIncomeInvesting]

they are designed to maximize income

[@itayyahel]

Adrian love your videos and all your explanations but let be honest with ourselves. We can't hope to get the highest dividend like are use to get at normal time. I'm not say no one what to do but those they sold only 3 weeks ago saved their capital. The capital we lost on the paper maybe will recover but no one can predict when. Those they sold HYLD HDIV CLM CRF for example now don't need dividend for few months. If you check one by one you can see that sometimes we need to be active in order to survive... Those they are older hope they will see the market recover and soon. Thanks and good luck

[@PassiveIncomeInvesting]

Just hold buddy , stop worrying so much like a 🐑

[@ZZ-tq5wh]

I like HYLD. I always wanted to buy QYLD but US currency is crazy! I am just happy that I can have some exposure in QYLD in Canadian dollars. Also ADRIAN what do you think about "QQCC" ETF in TSX? it is NASDAQ 100 covered call ETF in canadian market and yield is 12%. The yield go up and down but now is 12% and monthly div. I added under 5.... because it looks like QYLD in TSX.

[@PassiveIncomeInvesting]

Yeah it’s the sister company … it’s a new etf part of their refreshed lineup of covered call etfs . I’m keeping an eye on them …

[@abha801]

Thanks Adrian for the Breakdown I feel more confident with this information :)

[@PassiveIncomeInvesting]

Glad to hear it!

[@liamgray9644]

Thank you. Awesome video.

[@Twinkle23223]

In a down bear market, would the leverage work against your gains since the fund would lose more. Market sentiment and macro economics matter for the broad market which this is following

[@PassiveIncomeInvesting]

yes, that is what i explain but if you never sell it, its a non issue right?

[@owenkwong3358]

Portfolio weight should be lower because HYLD has too much risks with nasdaq, S&P and technology in this rising rates and inflation with geo political risks Liked 👍 Thanks

[@PassiveIncomeInvesting]

"risk" is one of the words i hate the most in investing, its misunderstood completely and should be about time horizon, not a particular asset class. for a forever buy and hold investor there is no risk . its all quality stuff.

[@MegsCarpentry-lovedogs]

Nibbling on Hyld, today bought 1000 shs at ACB of 12.30 in non registered account due to preferential tax treatment. Seems to be consolidating around the area of value of 12.30. Now wait to see if it pulls back more and nibble a bit more. This makes an additional 140$ per month to income. We carry one folks. Nibble here, nibble there with hdiv, gdv, ens, and eit.un. Where's that nice big pull back eh!🤔👍🇨🇦

[@MuzixMaker]

Yahoo Finance reports on 7.36% yield. Where are you getting 13%?

[@Danodoobie]

Funds website

[@robpet4424]

Yahoo not always accurate ........

[@PassiveIncomeInvesting]

Stop looking there … please

[@mmmyeahh]

Just do the math and you’ll see it’s not 7%

[@MuzixMaker]

@@robpet4424 apparently not

[@Jake51500]

Hi Adriano, are you still investing as much in HYLD with the recent (and possibly more) dividend drop? What other similar paying dividend ETFs are you buying and recommending to keep things diversified? Thanks

[@PassiveIncomeInvesting]

i unveil my portfolio monthly - kzbin.info/www/bejne/n4DKhYR9a6akrM0

[@UNOyay]

How do you determine the total fees you pay. I know the management fee is 0.65 but how do you know what your total fees you pay? Because there are also fees associated with the underlying ETFs right?

[@PassiveIncomeInvesting]

the MER

[@UNOyay]

@@PassiveIncomeInvesting as far as I can tell the MER is not posted. The Management Fee is (0.65) but this does not include the operating expenses and trading costs from what I understand. Is there any way to tell what Hamilton charges in total?

[@caughtoncam4800]

Adrian, can you tell me if we are getting charged Management fees on HYLD and Management fees average of all 7 ETFs that it holds, because it is an ETF of 7 ETFs? I will be waiting for YOUR reply.

[@PassiveIncomeInvesting]

Yes , hyld pats the fees of the underlying . The leverage offsets it easily

[@judoka4eva]

@@PassiveIncomeInvesting *pays

[@nguyenphuongchang3925]

Then that means investors pay twice the management fees. One on the underlying ETFs themselves and another fee on top for HYLD 🤔

[@Whatisthisstupidfinghandle]

Great interview as always !

[@homann638]

its just like walking into a store and complaining: WHY IS EVERYING ON SALE?!?!? its intereseting how human emotions work 🙂

[@PassiveIncomeInvesting]

Yeah we have a long way to go …. lol . You got two choices : follow the 🐑 or take advantage

[@daverdh]

Is there a withholding tax factored into HYLDs yield? i.e. 15% or 30% tax as it is a canadian security and therefore subject to us tax..... and then that yield of the underlying holdings looks to be returned by leverage?

[@PassiveIncomeInvesting]

distributions and yield are NET of Fees and Withholding taxes

[@daverdh]

@@PassiveIncomeInvesting do you know if the withholding tax is the reduced 15 from 30%? via a withholding exemption (w5ben form)

[@PassiveIncomeInvesting]

Pretty sure it is

[@ukmarnabil5898]

Recently stumbled across your channel and been devouring the content and this is definitely an ETF I'll be looking at. Glancing at the fund fact I'd have been curious to ask what risks does rising interest rates apply on the fund ? The leverage would be more expensive to come by would it not ? Does this bring about added risk or do they reduce their leverage ? Also see the FAQ states that Distributions from HDIV and HYLD are not subject to withholding taxes, how is that possible ? Are the taxes withheld from the underlying US based ETFs and we cannot claim the tax credit even though that 15% is being trimmed from the underlying ETF ?

[@PassiveIncomeInvesting]

i strongly suggest to watch the Q&A videos with the Hamilton founder Rob. We have done several videos together talking about HYLD. and we do discuss the leverage. the reason it has no withholding tax is because its a Canadian listed product, so it handled within the fund

[@ukmarnabil5898]

@@PassiveIncomeInvesting Awesome, so much info to digest I may be tempted to take part in the neuralink early adopters clinical study to catch all that content that is already out there. Thanks for taking the time to answer a repetitive question and point me in the right direction. Also appreciated Rob re-iterating his customer focus and love those what appear to be black and white old school photos in his background; In which video have you discussed those 🙂 ?

[@owenkwong3358]

Great channel analysis

[@OneNOnlyHD]

Hi Adrian. I understand the differece between total return and can see how you profit from these funds and eventually cashflow. Can you plz explain how this is safe if the stock price just keeps going into the ground though? The SEC requires these funds to trade above a dollar and to have more than 500,000 outstanding shares. Each time they reverse split the outstanding shares decrese. So if they just keep sending the fund into the ground and reverse splitting, the fund will eventually not have enough shares. Plz help me understand how these funds are safe for long term?

[@PassiveIncomeInvesting]

Understand how the fund works and you’ll figure out the rest .

[@MrEastsidejamie]

What kind of an answer is that?

[@markr.9626]

Still recommended ??? I see its down to $12.03 and would love an update. I have watched your videos and you seem more sure about this one than some of the others .... Thank you for your hard work and service to the traders looking to get the most out of their investments

[@PassiveIncomeInvesting]

i think that if you understand my strategy you would know my stance has not changed and will never change. short term declines make no difference to me. you have a "stock picking" mentality , once that changes, you will understand everything , this is not a stock picking strategy at all. also, you need to ignore stock price return and focus on total return. that's always a good start

[@markr.9626]

Thank you for the clarity ... this one fund certainly spreads the risks and I put my money where my mouth is ...

[@1344MR]

Hi; I wonder where I can find a calculator to calculate the total returns on internet?

[@brimill8257]

Good job Adrian! I’m down on my investment in the last year but if I figure in my good dividend it’s not bad! Just wait till the good times come we will be in the money!!!

[@slickwilly4613]

I am looking for high yield but with a tiny amount of growth. I would like a high yield ETF that does not continue to drop its price each year. Then it would be more like an annuity. I like DIVO its share price up 14.46% for the last 3 years while maintaining a yield of 4.5 % and higher. It's not a very High yield but something like that. Makes me wonder if it would be possible for ETF to keep the price change flat but adjusts its dividend payouts to match the NAV?

[@PassiveIncomeInvesting]

That means you’re a dividend investor , not an income investor .

[@xGiantsweatersTshirtx]

Xei or vdy would be good for you then

[@PassiveIncomeInvesting]

Yup

[@Jake51500]

With so much confidence in this ETF wouldn't you want to have even more money invested in it? I understand not having all eggs in one basket dilemma but it's such a great thing...thoughts Adrian? This is what I am considering rather than having cash sitting in my account doing nothing...

[@PassiveIncomeInvesting]

well it depends on many personal factors. in the end everyone needs to make their own decisions. Its my #1 position overall and probably will always be because i love the underlying ETFs . what's terrible is cash doing nothing. at least put it in a cash savings ETF!

[@Jake51500]

Thanks for your insight Adrian ...I may invest the entire 35k in HYLD for now and consider making changes in the future..at least I will benefit from the high dividends

[@Jake51500]

I could either take the dividends and help pay down my mortgage or reinvest in the HYLD or another ETF....the options are exciting

[@Windsofchange2023]

I’m holding a 20k HYLD position in my TFSA is this a good idea? Also building up a 20k position in HDIF with a 500$/ month investment. Great time to be buying now! Amazing life changing opportunities. In my RRSP I’m holding SCHD (US) and HYLD Half Half.

[@ChrisBrown-kv7yh]

I am surprised how far it is falling. I would have thought it would not go much below the NAV.

[@PassiveIncomeInvesting]

It’s just the combo of the etfs inside +25% . With experience , you won’t be “surprised “by anything .

[@DeafJam1987]

Thanks for the video! Really enjoy the chats with Rob.

[@randalxu4889]

Thanks for the video Adrian! HYLD is great! The broader market is down and of course HYLD is down. HYLD for CAD and HYLD.U for USD. I am holding both and plan to add more to my current position. Just wondering if we still need to invest in split fund? Should we just buy this all-in-one type of EFT and not to worry about missed dividend? Thoughts? 😄

[@PassiveIncomeInvesting]

that's a smart question buddy. let's just say that it's not as necessary anymore :) would i abandon them altogether... no, but everyone needs to make up their own mind. i always suggest a MIX or doing whatever makes you feel comfortable Split share funds have even more leverage that is the fundamental difference

[@PassiveIncomeInvesting]

Yeah be careful , of comments like this that have zero value . If you actually watch the video , it’s explained . Be careful !

[@randalxu4889]

@@funkspinna the idea is to have some shares in these funds then use the dividend to buy more shares. So it can grow over time. No new money is needed. I plan to cap my investment at certain amount, then just reinvest the dividend for the next 20 years.

[@henryhonda8408]

@@funkspinna😁😅

[@TheAsianAmericanFamily]

Is there a similar ETF to HYLD on the US market?

[@PassiveIncomeInvesting]

once that groups CC ETFs together? not that I've seen. Yet...

[@andredsouza2320]

Thx for the video, as usual, Adrian. Is it possible to sell put options on HYLD? I need to buy more shares and wouldn't mind getting assigned 100 shares. thx.

[@PassiveIncomeInvesting]

I actually have no idea ! Good question and interesting idea 💡

[@andredsouza2320]

@@PassiveIncomeInvesting Thank you. I am able to sell put options on some of the stocks that I own, but nothing shows up when I try the same thing for HYLD and other etf's. I was just wondering if there was a way to sell options on certain canadian ETF's. Appreciate it, brother

[@neilmac4730]

Excellent interview Adriano 👏 👌

[@gregcampbell3493]

Adrian, great content as always. Thanks for your coverage of HYLD. I feel more assured of my investment in it.

[@VictorSanchezVS13]

First video of yours I come across. How can I buy hyld in US with schwab

[@PassiveIncomeInvesting]

call schwab :) HYLD is a Canadian listed ETF

[@shirleycrosner634]

You may consider adding - Defence Contractors to the mix of - HYLD - Just my thoughts $$$😂

[@rok6203]

Thnaks for that info. Can I buy this HYLD etf if I'm not US or Canadian citizien? Where else in the world this ETF is traded?

[@PassiveIncomeInvesting]

It’s listed on the Canadian stock market

[@rok6203]

@@PassiveIncomeInvesting only on the Canadian? (

[@Fm-ho8kc]

Hi Adrian, thanks a lot for your channel. As I understand, you are from Canada, but you are non resident for tax purposes. Canada wants to charge 25% on income funds- if I got it right. Is this right for your case? I wonder what is the way to minimize taxes? Thanks

[@PassiveIncomeInvesting]

not yet, but i will be soon. there is no way to minimize that unfortunately (as far as i know)

[@drewmorgan3612]

what do you think about txf?

[@Firul4is]

Hi Adrian, how much risk are we adding with leverage?; I don't know how it works, just the idea of borrowing money scare me a bit. Thanks

[@PassiveIncomeInvesting]

Not much , it’s not traditional leverage or borrowed money . Please see my split fund explained videos . I have a playlist dedicated to split funds

[@Firul4is]

Thanks

[@tracystrombotne2855]

So is your HYLD different than the HYLD we have in the US?

[@PassiveIncomeInvesting]

yes, the HYLD im talking about is TSX listed . not NYSE listed

[@salgueroro]

What is the total MER of this fund?

[@braylenlandkey]

23:11 they did not go lower Spy had an approximate 11% year-to-date return NASDAQ QQQ has above 33% YTD return as well AAPL approximately above 38% return YTD They did not go down!!

[@braylenlandkey]

Microsoft Apple etc. they all went up this year they did not go down

[@PassiveIncomeInvesting]

did you check the date this video was published buddy?

[@mikegfx1425]

Hey Brother, I think you need to brake down what a covered call is and how it works when the market goes up and down. I believe this will help the people that are concerned with this type of investment. Hope this helps. Love the channel and the work you do!!!

[@PassiveIncomeInvesting]

i got a whole playlist on the covered call strategy. i also have one coming up next Sunday feat. BMO ETFs

[@mikegfx1425]

@@PassiveIncomeInvesting Yes I know you have covered it. But people are lazy! I'm guessing the people who don't get it are just following you and other KZbinrs. But not doing any of there own homework. They are scared children and need daddy to guide them. Just my opinion. Love your work Chow brother. Thx

[@JOHNHSMITH2]

QYLD has gone down since inception

[@PassiveIncomeInvesting]

Short sighted John , maybe that’s why you’re broke lol 😂

[@JOHNHSMITH2]

@@PassiveIncomeInvesting ahhaa im broke because of filipinas 🤣

[@OP-mz3hr]

What is the difference between HYLD and HDIV ? Thanks

[@PassiveIncomeInvesting]

the holdings and sector mix. check out the breakdown on Hamilton's website (or watch my HDIV and HYLD videos :)

[@OP-mz3hr]

@@PassiveIncomeInvesting Okay. Great Thanks.

[@jodimorrison]

Did you answer the question about fees? Do we pay both the individual ETF fees plus the HYLD fee on top ?

[@PassiveIncomeInvesting]

Hyld pays the fees of the etfs inside of it . So yes but the leverage offsets that

[@nguyenphuongchang3925]

I see that other ETF like HDIF has no additional fees and it also has leverage

[@mysticjedi6730]

sure maybe a small holding ... but arent you fundamentally opposed to this fund because many of the underlying stocks it holds pay no dividends? with so many other options; DS Dividend Select from quadravest, INC.UN, etc, the S and P with so many holding that pay no dividends has just become like a ponzi... S and P basic index funds are also pushing up value of all the companies in that index that pay no dividends and are worthless.. i would never hold S and P index fund itself so therefore want to avoid funds that invest highly in the U.S. blue chip that pay no dividends. that does not mean i like every holding in every ETF i have.. but do want all stocks if possible in my ETFs to not be non dividend ponzi assets.. just a thought

[@PassiveIncomeInvesting]

Sp500 is a Ponzi? My friend, the Force is clearly no longer with you. :) if you think non dividend paying stocks like Google, Aamazon, Tesla and various Tech company stocks are Ponzi schemes, i can't help you.

[@bradrutledge7871]

Not in my portfolio, but keep buying QYLD, RYLD and XYLD every month.

[@theflightsimulationexperie6894]

If your ok with a depreciating asset over the long term and just want a distribution every month, then go buy the global X funds.

[@PassiveIncomeInvesting]

Buddy , stop looking at the price return , look at the total return . Watch the video ….

[@theflightsimulationexperie6894]

@@PassiveIncomeInvesting I completely understand that you have to factor in total return but let’s not deny the fact that QYLD, RYLD, XYLD are long term depreciating assets solely due to the strict at the money “no deviation” call options the fund managers make. The fund trajectory shows a decline of price overtime not factoring in total return. QYLD will never be 22 dollar per share again. If you want income only and don’t care about your asset share prices decaying overtime, then you can’t get a better option than QYLD and the other global X funds. There are many far better options then these funds in my opinion that will still give you a decent 7-8% return and even some growth. JEPI is a perfect example. I have very very small positions in the global X funds that don’t exceed more than 5% of my total net worth.

[@PassiveIncomeInvesting]

Never say never …. Wait and see

[@theflightsimulationexperie6894]

@@PassiveIncomeInvesting I agree we don’t truly know and in a year I could be completely wrong but if we look at QYLD charts since inception of 2011, it has been on a declining path once again not factoring distributions not “dividends”. Also, since it’s pays a monthly distribution, you are taxed at ordinary income levels not qualified dividends.

[@caitlincaitlin4703]

is the high payout ratio going to come down? currently at 160%+

[@PassiveIncomeInvesting]

its not 160%, its impossible, dont trust those third party wensites

[@PLSchroeder77]

Is there a way to buy this in the USA. If so, what is the symbol for it. Thanks.

[@PassiveIncomeInvesting]

No it’s Canadian listed

[@RockNcountrySTAR]

@@lennywilliford13 that ticker is still listed on the tsx so even though that is the US unhedged etf it is only listed on the tsx

[@elephantmoney]

Are the dividends taxable in TFSA?

[@PassiveIncomeInvesting]

no

[@eliepl9]

I beleive it will go down much lower in coming months, so I'll wait arround 8$ to buy HYLD

[@milhouse7145]

wish i had your crystal ball

[@PassiveIncomeInvesting]

I think you’ll be waiting a long time buddy …

[@xGiantsweatersTshirtx]

You get monthly income why wait

[@joannapatterson4625]

Sitting on cash isn’t making you money. You can always DCA and collect some income.

[@eliepl9]

@@joannapatterson4625 hummm, holding fund going deep red isn't either... I sold almost everything in the hype off 2021, just waiting for something similar of 2000s or 2008 to get back in :) Blood is coming, but it will take time.

[@odette_m2118]

Hi Adrian..great video. But Hyld& Hdif are not paying any dividend for month of oct/ Nov.. Any comments on that?🤔 Also I noticed the dividend yield has fallen 🤔

[@PassiveIncomeInvesting]

?? Yes they are . Not sure what you mean . Yield is up , not down . Yields go up when stock prices go down

[@slickwilly4613]

I like to be diversified when possible and I am looking for a handful of 5 -10% yield ETF's. I dont think buying multiple Covered call ETF's or one like this HYLD that has multiple would be considered diversified for me. What about a portfolio that has one covered call ETF like JEPI and maybe another like SVOL and maybe something else entirely like a leveraged non covered call ETF. Maybe that would make for an interesting video. Sure beats everyone covering the same things over and over on KZbin. This video is an interesting take. Never occurred to me an ETF that has multiple ETF's inside it. Still, its performance is sub par. if you compare it to DIVO the difference is clear. 3 year price return: DIVO = 14.46% HYLD = neg 19.55% 3 year total return: DIVO = 37.59% HYLD = 0% 1 year yield: DIVO = 4.97% HYLD = 7.52% I see no reason to own this ETF. What am I missing?

[@PassiveIncomeInvesting]

Buddy it’s 6 months it’s out … you’re obviously a dividend investor , not an income investor . Don’t bash hyld because it’s not a good fit for you .

[@slickwilly4613]

@@PassiveIncomeInvesting I own DIVO JEPI and SCHD and DVY. I am also looking into GUNR, SVOL and BCI. I just dont care for any ETF that it's price goes down over time. But I dont mind if it does not go up. I look at total returns when I am comparing the different funds. That is why I own JEPI and not QYLD. But to answer your question, Yes, I am a divided investor that is not willing to loose money to make income. I am willing to make slightly less income if that means the price remains flat or increases.

[@slickwilly4613]

@@PassiveIncomeInvesting There are two different HYLD ETF. The one I found was the US ETF called HYLD

[@PassiveIncomeInvesting]

The hyld I’m taking about is the Canadian listed one form Hamilton etfs

[@slickwilly4613]

@@PassiveIncomeInvesting yes, I figured that one out.... you may want to make it more obvious for us Yanks

[@doctorshawn3461]

qyld is doing particular poorly the last few months, likely due to very bad luck with the timings of their covered calls. Xyld like qyld got some unlucky call strike times. (edit: this was due to their "rebalancing"). TXF, has been underperforming the whole year along with the nasdaq. Of those on the list, I know HHL is holding strong and is outperforming. The people at Harvest are top notch, not sure about Hamilton yet. The thing that bothers me about hyld is the 2%+ mer which is really expensive for just holding other etfs.

[@pattymartin3339]

How long is long term in yr mind!

[@PassiveIncomeInvesting]

Forever

[@philc824]

Are you adding $15k to your existing $75k in HYLD ?

[@PassiveIncomeInvesting]

you are a portfolio unveil or 2 behind buddy, i have 105k in HYLD and also some in my Retirement account :) but yes, I am

[@falsejaguar]

HYLD is awesome. It's leveraged, so when she drops, buy more! Insane how it's the good shit all in one package!

[@Mmagic888]

2nd?

[@andredsouza2320]

HYLD did not declare a dividend for March, 2023, nor have I seen a distribution indicated in Questrade. Any idea if they are paying dividend for March?

[@PassiveIncomeInvesting]

They declared it a while ago , check their press releases in their website

[@Krusherr]

Hi Adrian, is there anyway you can ask Hamilton funds to state their MER on the website instead of their management fee which can be very misleading? Thank you. I couldn't find the MER for HYLD or HDIV.

[@PassiveIncomeInvesting]

ill get you the up to date MERs for both of them in upcoming videos i'm working on in collab with Hamilton

[@Krusherr]

@@PassiveIncomeInvesting thank you

[@RevolutionaryBrewer]

I dunno frankly this thing is a train wreck. From $16.20 to $11.60 in 6 months is shocking depreciation. I have a few cover called plays without leverage and they are down way way less then this.

[@PassiveIncomeInvesting]

Yea , it shows that you “dunno”

[@owenkwong3358]

HDIV holdings is more safe less volatility

[@PassiveIncomeInvesting]

i don't know about "safer" its a Canadian mix whereas HYLD is more U.S. focused. the TIDE can turn at any instant.this is why you own both :)

[@1JJONES]

Rob is Mr. "you know", lol.

[@louis20122]

I don't live in Canada so I can't buy it.

[@PassiveIncomeInvesting]

if you live in the U.S. , you have nothing to worry about, so much great choices!

[@sergiomildner7903]

I live in Brazil and buy great US assets.

[@paulsantori8920]

First? 🤣

[@thekebon5940]

3 third 😄😁

[@gezin82]

Congratulations on 1st, 2nd & 3rd. You folks finally accomplished something 👏

[@PassiveIncomeInvesting]

good job Paul! lol

[@ericav4202]

@@gezin82 it's fun to be first! Paul is a great contributor in the Facebook group, over 12K members and he kindly volunteers time to share his investing experience and answer questions.

[@gezin82]

@@ericav4202 sorry it just annoys me to always see that in comments of videos because that's all most people usually say but don't actually contribute to comment section for the most part. It's seems like spam to me.

[@Otownbassin]

Hyld has gone up the last few days.

[@PassiveIncomeInvesting]

Yup ! 😉 up down , doesn’t really matter to me anyways ….😉

[@Otownbassin]

@@PassiveIncomeInvesting I just want the 14 cents per share every month.

[@PassiveIncomeInvesting]

Exactly !

[@ryanvanderheyden3324]

Would u put hyld.u in your rrsp in usd and get up to 1000 shares and do a drip on it for 10 plus years?

[@PassiveIncomeInvesting]

Yes

[@lennywilliford13]

So US investors, HYLD.U, don't get the additional 25% leverage?

[@PassiveIncomeInvesting]

hyld.u also has 25% leverage

[@Magdalene777]

Can you cover Bk.to?