Creating A BETTER Weekly Paying YMAX ETF

Summary

In this video, the host explores creating an enhanced version of the YieldMax (YMAX) ETF for viewers' portfolios. They compare YMAX to its counterpart, YM, and discuss the benefits of YMAX's weekly payouts and improved holdings. The host presents a modified YMAX portfolio, excluding underperforming ETFs and including high-yielding ones like TESLEY and INVID. They detail weekly and yearly income projections, showcasing a potential 44% yield. The video concludes with a call to action for viewers to share their thoughts on the new YMAX composition.

Takeaways

• 📈 The video discusses creating a better yaax ETF for a portfolio with weekly payouts.
• 💼 The presenter reviews the performance of yaax since its start date on January 17, 2014, to September 13, 2024, showing a total return of 99.89%.
• 💹 The presenter compares yaax with ym, noting that ym has better underlying holdings but yaax has some less desirable ones.
• 🚫 The video eliminates certain ETFs from the yaax lineup due to poor performance or questionable underlying companies.
• 📊 A new yaax position is proposed with a list of single-stock ETFs considered better for the portfolio.
• 💰 The presenter explains the distribution schedules for yield Max ETFs, which are now paying out weekly.
• 📊 A spreadsheet is used to detail the weekly payments from the new yaax position, showing potential weekly and monthly income.
• 📈 The total return of the underlying ETFs in the new yaax position is analyzed, highlighting their performance over the past year.
• 💡 The presenter emphasizes that this is not financial advice but a strategy for fun and potential profit.
• 👍 The video concludes by inviting viewers to comment on the modified yaax position and consider its potential benefits.

Q & A

What is the main focus of the video?

The main focus of the video is to discuss and create a better version of the yaax ETF for investment portfolios, by evaluating and selecting high-performing single stock ETFs and eliminating underperforming ones.

What is the significance of the date '9913 2024' mentioned in the script?

The date '9913 2024' appears to be a typographical error in the script. It likely refers to the current date or a future date for evaluating the performance of the yaax ETF.

What is the starting and ending price per share for yaax as of the mentioned date?

The starting price per share for yaax was $19.90, and the ending price per share as of the mentioned date is $17.51.

What is the total return for yaax since its inception?

The total return for yaax since its inception is 99.89%, which is an annualized gain of about 15%.

Why is there a discussion about ym versus ymax in the video?

There is a discussion about ym versus ymax because the video compares the two to determine which might be a better investment option, considering their underlying holdings and performance.

What changes are made to the yaax position in the video?

In the video, the presenter creates a modified yaax position by including what they consider to be the best single stock ETFs and eliminating some that are not performing well or have underlying companies that are not considered great.

Why are some ETFs excluded from the new yaax position?

Some ETFs are excluded from the new yaax position because they have not performed well in the past, or the presenter believes that they do not offer the best potential for returns or stability within the portfolio.

How often does the new yaax position pay out?

The new yaax position is structured to pay out weekly, similar to the current ymax and yag ETFs.

What is the total monthly income projected for the new yaax position?

The total monthly income projected for the new yaax position, based on the September payouts and assuming all things remain equal, is $137.99.

What is the approximate yield percentage for the new yaax position?

The approximate yield percentage for the new yaax position, based on the calculations in the video, is around 44%.

What is the purpose of the spreadsheet mentioned in the video?

The purpose of the spreadsheet is to calculate and display the weekly and monthly income projections, as well as the total return of the individual ETFs included in the new yaax position.