Are YieldMax ETF's in Trouble? Direct Competitor w/ BETTER Results?!

[@jaymcdeewin7069]

Excellent analysis again. Wrapping all these into one spreadsheet is very helpful.

[@AverageJoeInvestor]

Thank you for that feedback! I appreciate it!

[@temmyolarewaju9371]

I'm 54 and my wife and I are VERY worried about our future, gas and food prices rising daily. We have had our savings dwindle with the cost of living into the stratosphere, and we are finding it impossible to replace them. We can get by, but can't seem to get ahead. My condolences to anyone retiring in this crisis, 30 years nonstop just for a crooked system to take all you worked for.

[@JerrysAlfreds]

I feel your pain mate, as a fellow retiree, I’d suggest you look into passive index fund investing and learn some more. For me, I had my share of ups and downs when I first started looking for a consistent passive income so I hired an expert advisor for aid, and following her advice, I poured $30k in value stocks and digital assets, Up to 200k so far and pretty sure I'm ready for whatever comes...

[@temmyolarewaju9371]

@@JerrysAlfreds That's actually quite impressive, I could use some Info on your FA, I am looking to make a change on my finances this year as well

[@JerrysAlfreds]

You can look her up online

[@JerrysAlfreds]

*MARGARET MOLLI ALVEY* , lookup with her name online.

[@temmyolarewaju9371]

@@JerrysAlfreds The crazy part is that those advisors are probably outperforming the market and raising good returns but some are charging fees over fees that drain your portfolio. Is this the case with yours too?

[@jaypaladin-havesmartswilll5508]

The caution about KURV for me is the low amount of assets under management. If there is a dramatic downturn, I worry about the funds' viability after a large loss in value in the synthetic holdings and the options that are bought.

[@absurdnerd7624]

Excellent work Mr Above Average Joe. TBH this is the first time I have heard about the Kurv funds. For my situation they do seem superior to their Yieldmax corollaries.

[@zordon43]

Another great presentation! I would be interested in your review of the newest Yieldmax funds, FEAT, FIVY, and LFGY.

[@AverageJoeInvestor]

Thank you for that feedback and Recommendation. I appreciate it!

[@DollarswithDiana]

Hey Joe , yieldmax is hands down the better income producing etf!! I have MSTY & the payouts are awesome 👏🏻

[@bethhynes787]

Thanks for doing this analysis!

[@AverageJoeInvestor]

My pleasure! I appreciate you weighing in with your feedback!

[@mikekeenanphd]

Good video that clearly indicates that every one of these funds should be completely avoided.

[@ChrisP-]

The two biggest drivers of yieldmax are Msty (2b) & Nvdy (1.5b). This exposure trickles down to the other funds and KURV is missing both those funds.

[@jeffhogueison1656]

Probably good thing KURV does not include Nvidia after the blood bath today of the release of DeepSix from China. I dumped NVDY for now right before crash

[@timdeering2596]

Kurv stated in several interviews they are deliberate in the funds they manage. Those two didn’t make the cut…look at the nav erosion. I dumped nvdy and working on msty and plty. Might just take the L and bail from sinking ship

[@EydnandTheGreen]

Great video , Super informative

[@kumarmadduri9311]

Very informative. Thanks for putting this together.

[@ranjancom2000]

Will all covered call ETF continue to add more synthetic positions to average out the loss when market was falling more the 15%, or will you stick with just one synthetic position? The reason why I'm asking is that if the stock falls more than 15%, they won't be able to sell out-of-the-money (OTM) calls above 7% on the first lot, which has a 15% loss. To recover from the first lot, You would need to buy two additional lots-one without any call option (CE) selling position, and the other with an at-the-money (ATM) call option to collect higher premiums. Will you follow this approach, and if not, how you manage it?

[@contron-nm3ic]

Can you please do an “i made a KURV portfolio to pay my bills” like the YMAX video you made. Awesome videos keep it up.

[@maneugeni]

KURV funds you can live off the income and your investment grows. YieldMax you have to manage your income and reinvest back into the fund to protect your investment from going down too far and paying you less due to depletion of the NAV. Also, you are likely paying more taxes because being overpaid with YMAX funds. I like the KURV strategy better. I wish KURV had more single stock funds and did their own version of YMAX fund of funds. Very bad marketing for KURV because they should have much more assets under management for a superior product.

[@benmckinney2941]

Yeah, the AUM is really low on most of these. Otherwise, I would want to get into them.

[@benmckinney2941]

Yieldmax does a short qqq I believe called YQQQ

[@AverageJoeInvestor]

I would love it if they did the same thing on IWM / SPY / QQQ. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@CCRtoyadventure]

KURV is looking into doing a basket of stocks called KMAX or KMAG. For now TSLP/NFLP are good for the capital appreciation until KMAX comes out im gonna transfer over. Not financial advice. I hope KMAX is weekly like YMAX

[@ryaninman6307]

That was interesting, nice see other options to maybe retain nav. May not need to reinvest as much of the Dividend back into the fund to maintain your value as do with yieldmax. May have same income in the end?

[@AverageJoeInvestor]

Well stated. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@savannahrei8674]

Interesting video. My take away is that if you trying to build a nest egg it is far better to own the underlying stock because: 1. Far less risky because you own a share rather than a derivative contract that could be force majeure cancelled in a market event 2. More tax efficient. Cap gains are taxed at a lower rate than dividends 3. The underlying always outperforms the synthetic anyways. If you are trying to live on dividends you still have to reinvest some in order to keep NAV from eroding away with the YM funds

[@jrmille]

Interesting... if you sum the NAV's of all 12 you end up at (or above) your original investment. Theoretically you could have both Yieldmax and Kurv to balance out the net assets and keep the dividends for both, about 18-19% based on the time frame.

[@PassiveEarnings]

Hi Joe, You mentioned KURV has bigger div yield for Apple etf, but numbers you showed are the opposite, for 1 year, APLY with yield of 30.99% earned $13,777 but AAPY with 75.88% yield only earned half of APLY?

[@AverageJoeInvestor]

Looks like this was due to the MOST RECENT distribution for AAPY being much higher ($1.75/share vs. $0.29/share) than normal. I missed that. THANK YOU for watching and for leaving your $0.02 in the comments.

[@scottbarringer435]

I do not own any of the Kurv funds but have had my eye on them since they came out. I am most concerned that their AUM is still low. Seems to me these are good middle of the road investments.

[@AverageJoeInvestor]

I agree and its interesting that the AUM is so low considering their results thus far. THANK YOU for watching Scott and for leaving your $0.02 in the comments! 😎👍🏻

[@Griffinguardian]

I’ve got £100k to invest. I want to build a nest egg for when I'm older. I want to know if it's a good idea to add all my savings into a long term ETF, set and forget Come back in 20-30 years, instead of 250-300 DCA every month. Which ETF would you recommend?

[@Dwayne-765t]

As they say, time IN the market is better than trying to time the market. I think you should seek advice from a licensed financial advisor..

[@Harperrr.99]

Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 275 cash earning 5.25 interest, 685k in 401k, 120k cash account, 80k in car assets ( paid off cars) Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed within a short period.

[@dannielleemarie]

How do I reach out to a financial advisor, my portfolio has been struggling since 2022 and I’ve been holding on by the skin of my teeth.

[@Harperrr.99]

I've stuck with the popular ‘’Sonia Nunes Demelo” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look her up.

[@dannielleemarie]

Thank you for the recommendation. I'll send her an email, and I hope I'm able to connect with her.

[@stevenhoir4805]

I'd like to see results for living on half distributions.

[@AverageJoeInvestor]

Thank you for that feedback. I appreciate it. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@michaelgordon3241]

I've been buying Yieldmax etfs on margin and as I spend less than I make, I build equity. I usually buy as low as possible. The net result-even though NVDY took a 20% beating-my principal value is back to what it was in August or 7.7% below my 2024 high at the market close and 8.7% below the all time intraday high. In terms of principal, after monthly withdrawals it is still up 6.6% from 6 months ago or 18% above the yen carry trade crash low. Every now and then, à Yieldmax etf temporarily expires for me. This means the nav is so depleted that I'll dump the etf and harvest à loss and potentially buy back 30 days later if I think the etf is about to make a uturn. This happened with AMDY and NVDY with NVDA's recent 20% drop The fact that I withdrew 30% annualized and I'm still more or less worth the same as I was in August requires finesse. I've recently become more overweight FEPI,AIPI,SPYT, and QQQT The most expensive etf I bought back was MSTY between 26.50 and 28.50. After selling for a 47% to 100% capital gain, I decided to buy back because my bills doubled and I'm using MSTY purely as an arbitrage play-the distributions I'll be allocating to pay down my 2nd margin loan. The 2024 cumulative return was 40.02% The 2025 ytd return dropped from 5% to 1.6% but I've more or less preserved my principal investment + or -17k Also, the displayed cumulative returns of the etfs versus underlying assume purchase at inception. It's completely different when you buy at the current all time low.

[@gagarwal]

Why YM dont learn and improve the performance…. They know very well that they are underperforming, have competition, and investors are aware of both…. YM need to take this seriously now….. Jay keep saying look for total returns and here is that comparison to…. If he still thinks the same

[@Westcoastchillout]

Dividend Breakdown TSLP 12% Net Investment Income and 88% Return of Capitol TSLY 63.89% Net Investment Income 36.11%²Return of Capitol NFLP 20% Net Investment Income 80% Return of Capitol NFLY 71.01% Net Investment Income 28.99%² Return of Capitol I wonder how this will effect Nav in the long term + ROC effects Taxable Capitol Gains

[@AverageJoeInvestor]

Touche, great point. as a reminder, ROC doesn't mean they are ACTUALLY sending your money back. It's a tax-term for when the underlying income source doesn't align with capital gains and instead results in a reduced basis. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@mineralresourcemanagement4358]

So, If you purchased the stock and wrote your own covered calls monthly you would be ahead in income and in capital appreciation. Perhaps, the difference in returns is the 1% management fee? Otherwise they are doing a lousy job in a bull market

[@mundie33]

KURV is doing a good job

[@OverseerPrime]

They have low AUM and YieldMax, last I checked their total assets were around 9.32B. I just feel that Kurv may not be around for too long if they don't pick up their AUM totals on each of their ETFs.

[@FinBotInsights]

KURV absolutely needs to open a YMAX diversified type fund. It doesn't even need to be weekly.

[@michaelliati1515]

Anyone know a higher dividend payout per month than MSTY?

[@cwall282]

I am not in any of these anymore, selling and managing your own cash secured puts is more cost effective and profitable. However whenever you see this discussion anywhere it’s never brought up that the NAV is decaying for YM funds and NAV is appreciating for Kurv. So in the long run the Kurv funds are eventually going to be better income producers than the YM funds because the distribution will continue to grow.

[@streetmoney21]

The capital gain argument is severely flawed. For the simple fact that it’s not income unless you sell the gain and to do that means liquidation of shares which reduces the dividend. If KURV shares go up in price it makes it difficult to accumulate shares.

[@Perillo99]

AIPI they own the underlying stocks more diversified 😊

[@vichart011]

What are some ETFs that yield 9% that don’t suffer from NAV erosion.

[@jasonjohnstone1297]

Take a look at FIAX (8%) and GIAX (24%) by XFunds (Jay P also manages)... NAV down 2% and 3% respectively over 1YR, but has the dividend you ask of or better. Pretty stable. Rexshares AIPI/FEPI/CEPI are also pretty good too.. there are many actually, but these 5 are very solid for income funds... If you had lump sum (FIAX/GIAX) are legit.

[@bharatboy10]

Jepi, jepq

[@lonewanderer3603]

I have some TSLY but I'm still down since their reverse split last year. I was going to buy into MARO but I'm already running the wheel on that stock myself so I don't see the point.

[@jacobc.6949]

Did you ever average down your TSLY? Just curious..

[@lonewanderer3603]

@jacobc.6949 I'm dripping the dividends, but I haven't added any more other than that.

[@AverageJoeInvestor]

THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@lewinmg]

Do you have updates on your other experimental portfolios. The SLV option strategy, the QQQ and IWM option income strategy, your yield max portfolio strategy…..

[@AverageJoeInvestor]

Working on updates and will be coming out soon. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@joannemeeks745]

Can you please explain why it is mathematically impossible for Yieldmax funds to pay out millions of dollars in dividends after 10 years of reinvestment. People are operating under the delusion that it will happen when a KZbinr gives them the fuzzy math of 2024 results, compounded 10 years from now.

[@padraics]

You could explain. Are you just referring to nav erosion or?

[@joannemeeks745]

No, I am not referring to NAV decline. Myquestion was clear.

[@BW-kv9wj]

Why can’t Yield Max pay millions in dividends? If you own enough shares of let’s say MSTY, I thinks it’s very possible to earn millions in dividends each year.

[@StElmo-me8ib]

You do know that they do options trading right ?

[@AverageJoeInvestor]

Since the underlying asset is a purchased call option as opposed to shares owned its feasible that the NAV could continue to erode IF the underlying stock continues to go down. They may ALSO need to moderate their distribution strategy to avoid NAV erosion. To your point if NAV is more stable then years of reinvested distributions COULD lead to significant income in the future. Doing so within YMAX or YMAG would make more sense or EVEN BETTER would be if YM offered an index ETF version of QQQ/SPY/IWM. Just my $0.02.

[@johnandlukestube6405]

AAPY 👍 💯

[@AverageJoeInvestor]

THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@carbtripper]

What percent of your portfolio do you have in YieldMax?

[@PermacultureHomestead]

3% ROTH and 2% Taxable....... CONY and AMZY set on DRIP for a dividend snowball

[@AverageJoeInvestor]

I have a $3,000 YM Test Portfolio which is spread out over 7 YM ETF's that pays my monthly solar bill. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@StElmo-me8ib]

Yieldmax FEAT etf does the same thing !!!

[@AverageJoeInvestor]

Still very new. We will see what the performance looks like. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@goldenforge12]

Why do you always say the underlying performs better , is apples and oranges, one is growth and one is income , i live and live pretty good of high yield etf’s and only build positions and never sell any , now you have to pick the right ones but as of right now i get 10,000 a month income and its only growing

[@AverageJoeInvestor]

You're not wrong. Neither am I, LOL, but you're right that the statement should have been caveated with the different objectives. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@dogelife7901]

Bc hes right. You are sacrificing yield for income. You could just sell portions if the underlying ewch month and be making more than your 10k a month.

[@HappinessIsAJourney]

So which won ?? 😢

[@AverageJoeInvestor]

It was a mixed bag ETF to ETF but was definitely interesting to see the trend of stronger NAV stability with the Kurv funds. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@logicae4096]

I think the summary when you do macro analysis is that there is nothing better than sticking everything into VOO and then running tht 4-5% withdraw model. But the analysis doesn't give a picture of sequence of returns risk... would be great if you put everything into a single video and help us select the 'best' balance of income and total return.

[@AverageJoeInvestor]

Thanks for weighing in. I am a HUUUUUUGE believer in using index ETF's / index funds as the foundation of long-term growth. That being said, WHEN you need the income there is absolutely alternatives to the traditional withdrawal method. Just my $0.02 though. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@krob7848]

Never met a YeildMax stock I didn't lose a boat load of NAV on... Dividends ain't worth the ski slope NAV erosion.

[@AverageJoeInvestor]

Agreed. It appears that the Kurv ETF's (at least so far) have more NAV stability. We will see what the future holds. THANK YOU for watching and for leaving your $0.02 in the comments! 😎👍🏻

[@Lexusdude59]

Then you have weak hands and sold early or didn't buy MSTY, NVDY or AMZY.

[@michaelgordon3241]

The only way they work is if you buy when they're decimated. I would never buy at inception but wait for a trading range to be established and monitor technicals and stochastics of the underlying. This is an active,not à passive income strategy. Despite the guts wrenching volatility, I've managed to preserve and even modestly grow my principal despite making monthly withdrawals disproportionate to the portfolio value

[@he-him1009]

You show TSLY HAVING $50K in income for 6 months vs $24k for a full year. WTF?! 😅 Are you such a hater of YieldMax that you will intentionally skew the numbers that much to try to show Kurv with a CLOSER income over the last year?! 😂. You are seriously not expecting no one to notice this?... FFS

[@matttrenary]

I noticed the same and did the math for each 6 month and 12 month dividend based on 100k initial purchase for TSLY and TSLP. His tables are not anywhere close to correct, so I'm left to not trust the remaining numbers. Sounds like he is getting something out of Kurv.

[@JulioMoscoso39]

Aren't you tired of the same content?

[@Robert17368]

seams much much too complicated to invest in… not my cup of tea.

[@freeagent.87]

Youre missing out

[@Robert17368]

@ OK , I like to know where my up side will go,not knowing how far you can slide down scares the poop out of me. Call me chicken if you want.

[@AverageJoeInvestor]

I can appreciate your perspective. THANK YOU for watching Robert and for leaving your $0.02 in the comments! 😎👍🏻

[@buyerclub2]

Yeah, just what the world needs, another ETF company, charging huge fees, and promoting funds to generate income, to a population, that in most cases, should be focused on growth. These while legal, fall into the almost scam category. You should stop giving them visibility. Rather if you really want to help your viewers spend more time on why they make little sense to just holding the underlying stocks. (Instead of two thirds of your video), You do semm to spend a lot of time on generating spreadsheets. Do it to help people. Not stupid ETF owners, trying to generate huge income from the unknoweldgale

[@hari1540]

Can you please elaborate? What is the scam?

[@hari1540]

The spreadsheets are to teach...what is the harm in that?

[@buyerclub2]

@@hari1540The scam is high fees on funds that will cause you to lose money. The ETF company (the ones that own Yieldmax not the owners of the shares) are the ones that will make money. The share holders will lose theirs. He does mention that the the results are better for owning the underlying stock, over the ETF. But he does not show why, or how much more you would made if you had picked a good growth stock. in most cases even if you picked a loser stock, the ETF would cause you to loose as much. So owning the Yieldmax ETF are basically, a "tails I win, heads you lose" situation. One final aspect of this. Is for those Yieldmax ETfS that are baased on a signle stock. (NVDA, AMXN, COIN etc_ ) If you really wanted to do a covered call strategy you could onl your own and save those high fees. Even if you did the the "poor man" strategy that he mentioned. So if you are willing to give up NAV for income and you want to do covered call as an income. Learn how they work, and do it outside an ETF. That is the scam.

[@michaelgordon3241]

How are they scams? These etfs are like leveraged etns-only sophisticated investors that can pinpoint tops and bottoms should buy them. They are not index funds You can't buy at any price,assume à positive total return and preservation of capital. My 2024 ytd cumulative return was 40.02%. My principal investment is 18% off its Aug 5 2024 low, 6.6% higher than 6 months ago from today and 7.7% below the high despite a 30% annualized withdrawal rate