QDPL: 4X the distribution of the S&P500 plus Growth with this Pacer ETF... And NO Options.

[@armchairincomechannel]

Nice review! I don't think QDPL gets enough love. It outperforms most funds in the space for total return. If it can gradually grow its distributions over the long term (like the S&P 500) then I think it's a winner.

[@wealthadventures]

Thanks! It has done well so far. It has a nice combo of growth and income. Good to hear from you!

[@SummitMan165]

Good episode ! Thanks to make us discover new investments funds less known from the crowd! 👌👌👌

[@wealthadventures]

Thank you!

[@chipnorris2504]

Thanks brother I really appreciate you reviewing the ETF. I really respect what you have to say and I like the Way you break things down. You’re a good man. At 60 yo I really like the income, safety and total return on QDPL. Love that it’s not another covered call ETF.

[@wealthadventures]

Thanks Chip! And thanks for bringing this one up. Interesting fund.

[@seanharvey.]

Woah thanks for bringing this one some attention! I like the mix of growth and income, along with holding the index. Going to be checking this one further!!

[@wealthadventures]

Welcome! Thanks for watching.

[@robertlaw840]

Own and continue to buy & DRIP this ETF. Tax efficiency, dividend rate & growth are primary drivers for me…I’d love a lower expense level, but am willing to overlook the current level to receive the aforementioned items. Good review…thanks!!

[@wealthadventures]

It has a lot going for it and will work well for the right investors.

[@SteveJones-ul9ex]

Great info as always - also loved the seeking alpha comparison tool - have SA subscription but never used the tool - I will now. Keep up the good work sir!

[@wealthadventures]

Thanks Steve!

[@Bullseye120]

Hi Dave, I own QDPL. I also agree with you and I would buy more if the expense ratio came down.

[@wealthadventures]

Maybe they will hear us!

[@mom2collegekids26]

You mentioned COWZ at the beginning. For what seems to be its goal, it provides a pathetic dividend. Pays quarterly and the amount is low.

[@wealthadventures]

It is more directed toward growth investors and includes companies that have good cash flow.

[@international_dividend]

I'd call it a value play. It's not a dividend fund.

[@mom2collegekids26]

@@wealthadventures AHH…. I misunderstood what it meant by “cash cow”.

[@jayboog5000]

Exactly what I've been looking for because I realized I was planning to be way too heavy into covered calls so I'm modifying the strategy a bit and this is perfect! Thank you

[@wealthadventures]

Awesome! Nice way to diversify a bit.

[@vikasgupta1828]

Thank

[@dakkon74]

I agree with your overall feelings. I like that it works differently than the other CC funds. But I stick to BALI, GPIX/GPIQ, JERQ, etc due to the lower exp ratio. I feel over long periods, the 0.60% will be a drag on performance.

[@wealthadventures]

It might but so far it is doing a pretty good job!

[@angel_killzit]

if it was 35 to 45 bp id consider it just to smooth out the vol in the portfolio but it looks good always looking to add something similar but different to the books

[@codegeek98]

The fee seems to be "practically" more like 600BP when you consider the big ballast allocation with no value-add 🤔

[@Reedtechnology]

Hmmmmm color me intrigued. Nice review, thanks.

[@wealthadventures]

That was how I felt. Surprised I had not heard of it sooner.

[@nimrod.23]

Review QSIX please

[@fialee8ca132]

Interesting etf... thanks for sharing something new. If you don't need the income, then just stick to the sp500 since it has a higher total return, plus I think its more tax efficient (both appreciation at long term cap gains rates, and taxes on dividends). I assume the total returns comparison is based off 100% dividend reinvestment, which means you have to pay the taxes out of pocket... so you'd maybe get stuck paying more taxes on reinvested dividends and get a lower total return. Let us know if you pull the trigger! Thanks!

[@wealthadventures]

I think this would be best for someone that wants to use the income now from the distributions. If not, just buy the S&P. The taxes on the distributions should be minimal while holding it which is attractive.

[@jmcole56]

Thanks Dave, I like everything about this fund in your description, however I am not familiar with how the futures work for this. My question is, how does this strategy do in a falling market? Will it move similar to the S&P? Thinking of replacing my Divo with it.

[@wealthadventures]

Hi. I would expect it to follow the S&P500 fairly closely.

[@hansschotterradler3772]

Surprise, surprise; QDPL closely tracks VOO in terms of total return. QDPL's total return accounts for the return of capital and reinvests it back into the S&P. As you mentioned, the slight underperformance is partially due to the expense ratio. I'm still intrigued as an income investor. This should go into a taxable account IMO.

[@wealthadventures]

I think it would work well in a taxable account.

[@LivingonHighYield]

If they can make this a monthly distribution (just take the quarterly payout and split it for next 3 months), then there would be a lot more people investing even at this expense ratio (there is just too much monthly competition) Income investors want their income at a bare minimum in todays environment at a monthly rate ( some are now even paying weekly), so quarterly just isn’t appealing to income investors.

[@wealthadventures]

I can wait! But I do think that is a factor for some folks.

[@derico-n]

perhaps no options, but there are futures contracts. both are derivatives. different, but both have similar risks, no? i am still interested but i am mindful of derivatives.

[@wealthadventures]

Most option based ETFs cap your upside with short calls. This one does not do that so it attacks the problem of "income" differently. I think the main risk would be from dividend cuts.

[@billassim9014]

Great Video,

[@FloridaBoyBushcraftSurvival]

I guess if you didn't like options you could invest in this but a similar fund with a better return would be SPYI...if you didn't mind options lol

[@wealthadventures]

I like that it does not use options. Gives you a product that can grow without a cap.

[@joenaylor34]

Buying dividend futures contracts; so there are (presumably smart) counterparties who think they are getting the better deal by selling these contracts. I guess the sellers are identifying companies who will most likely be cutting their dividends then offloading the risk on this fund. Seems like a lot of counterparty risk here.

[@wealthadventures]

Stripping off dividends to create dividend futures... There is a lot of info on it if you go looking. I don't think there is counterparty risk. I see it as one more way to hedge risk. www.cmegroup.com/articles/2024/equity-index-dividend-futures-a-primer.html

[@Your-honest-well-wisher]

Can you please make a video on comparing YMAG to YMAX and tell if they are good for a long term investor? Thanks

[@wealthadventures]

I'll take a look!

[@cliffdariff74]

I think you did?

[@gmv0553]

Not for me!

[@jessicaknoll4700]

Great video again!! I am retiring next yr at 57 with steady income stream from my dividend portfolio total $250,000 a yr to live comfortably, All thanks to my Fee Only Advisor. I love S&P 500 SOO MUCH! Also 3 houses paid off worth 4.5 million. One is my place of residence the other 2 properties will give me $150,000per/yr rent. I also have no debts... Stay Motivated!!🌹✅

[@john00123]

Amazing! I have Liquid $250K to put into stocks, but I want to ensure good profits & safety. With tons of Advisors now, how did you find the right Investment Advisory?

[@jessicaknoll4700]

Essmildaa Morgan is well known, just look her up

[@anthonypayne8106]

Hello Jessica, Care to share how you achieved such milestone.?

[@jessicaknoll4700]

Essmildaa Morgan is well known, just look her up.

[@MrSinusu]

4x sounds too scary to invest.

[@harsharao3555]

Good one Dave. How are you lining up your portfolio in protesting against oncoming Tsunami of de dollarization and economic catastrophe? Any thoughts?

[@wealthadventures]

How about... International ETFs, emerging markets, real estate, gold, and/or BTC?

[@harsharao3555]

@@wealthadventures Gold where? ETFs ? Aren't they taxed at 28% like commodities? Emerging markets will fall too if US Markets fall. Sitting on cash is not an option since dollar is loosing sheen. US real.estate will likely tanked too. But may be fed will be forced to cut to zero again to stimulate economy again! And mortgages will become cheaper?

[@codegeek98]

​@@harsharao3555keep gold ETFs in a Roth account, of course, if you're not comfortable with the taxes on holding bullion in your basement

[@CGAZ66]

not so sure as it is at a high now. look at the history.

[@wealthadventures]

It may continue... maybe dollar cost average a bit?

[@k.williams4925]

Similar to Bali in results. I think Bali is better option

[@wealthadventures]

I do like BALI but like that this does not use options.

[@k.williams4925]

True....good point.