Creating A BETTER Weekly Paying YMAX ETF
Summary
TLDRIn 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.
Outlines
📈 Introduction to Creating a Better yaax ETF Portfolio
The speaker begins by addressing the audience and introducing the topic of the video: creating a better yaax ETF for their investment portfolio. They mention the use of spreadsheets and total return analysis for individual yield Max single stock ETFs. The goal is to improve upon the existing yaax ETF by selecting better-performing single stock ETFs and eliminating underperformers. The current performance of yaax is highlighted, showing a total return of 99.89% since its inception on January 17th, 2014. The speaker also discusses the change in starting price per share for yield Max ETFs from $20 to $50 to accommodate their options strategy. The video aims to demonstrate a 'perfect' yaax position by creating a list of single stock ETFs that are considered the best for yaax, excluding those with poor performance or from companies that are not highly regarded.
📊 Analyzing and Formulating a New yaax Position
In this paragraph, the speaker delves into the details of the new yaax position they have formulated. They discuss the distribution schedules for yield Max ETFs, which have shifted to weekly payouts, and how this affects the underlying single stock ETFs. The speaker outlines the staggered weekly payout schedule for different groups of ETFs and how it contributes to a weekly income stream. They also present a spreadsheet that details the weekly payments from various ETFs, such as Tesla and Apple, based on owning 10 shares of each. The speaker calculates the expected payments for each week and discusses the market value of these shares. They also mention the exclusion of certain ETFs from the new yaax position due to various reasons, such as poor performance or lack of confidence in the underlying company.
💹 Detailed Breakdown of Weekly Payments and Portfolio Value
The speaker provides a detailed breakdown of the weekly payments expected from the new yaax position. They discuss the market value of 10 shares of each ETF and the corresponding payments for weeks three and four. The speaker highlights the potential for share price appreciation and long-term gains, as well as the total return of the underlying ETFs. They also mention the inclusion of newer ETFs in the portfolio and their potential for substantial growth and high distributions. The speaker calculates the total portfolio value and the total monthly and yearly income expected from the new yaax position, emphasizing the high yield and solid performance of the included ETFs.
🚀 Review of Total Returns and Conclusion
In the final paragraph, the speaker reviews the total returns of the ETFs included in the new yaax position over the past year, highlighting the strong performance of most of them. They also discuss the performance of newer ETFs that have shown significant growth in a short period. The speaker concludes by comparing the modified yaax position to the current one and invites viewers to share their thoughts in the comments. They encourage viewers to like and subscribe to the channel for more content.
Mindmap
Keywords
💡Yield Max ETFs
💡Total Return
💡Distribution Rate
💡YMAX
💡Portfolio Optimization
💡Dividend Reinvestment
💡Reverse Split
💡Staggered Schedule
💡Market Value
💡Yield
💡Financial Strategy
Highlights
Introduction to creating a better yaax ETF for portfolio diversification and weekly payouts.
Discussion on the performance of yaax since its start date, showing a total return of 99.89%.
Comparison between ym and ymax, highlighting ym's better underlying holdings.
Explanation of the changes in yaax's holdings and the exclusion of certain single stock ETFs.
Rationale for excluding specific ETFs like the Yield Max Innovation Option Income Strategy ETF.
Inclusion of ETFs with high distribution rates and good underlying companies.
Elimination of Disney's option income strategy ETF from the yaax position.
Decision to include msfoxycandy and why this ETF was chosen despite its high distribution rate.
Exclusion of certain ETFs due to volatility and upcoming reverse splits.
Inclusion of ETFs like GDXy for long-term stability in gold value.
Explanation of the new distribution schedules for yield Max ETFs, now paying out weekly.
Presentation of a spreadsheet detailing weekly payments from the new yaax position.
Calculation of weekly and yearly income from the new yaax position.
Analysis of the total return of the included ETFs over the past year.
Conclusion on the potential of the modified yaax position for higher yields and better performance.
Call to action for viewers to share their thoughts on the modified yaax position in the comments.
Transcripts
all right how's it going everyone
welcome back to the entrepreneur
investor and in today's video we're
going to try to create a better yaax ETF
for your portfolio we have some
spreadsheets as well as Total return to
look at for some of the individual yield
Max single stock ETFs and try to create
a better portfolio of ETFs that pays
every single week now that ymax is
paying weekly and has better quality
Holdings within the weax lineup so as
you can see here I have wmax pulled up
on the dividend reinvestment and a
growth of $10,000 the start date of yaax
was January 17th 20124 and the current
date is 9913 2024 starting price per
share was
$19.90 so all of the yield Max ETFs
started out at $20 per share from now on
they're going to start out at $50 per
share because it gives them a little bit
more room to run their options strategy
ending price per share as of 9913 2024
for
$17.51 so you'd start out with over 500
shares 500 to 51 and your ending shares
would be
627.428 and the total return so far for
yaax with all of the underlying Holdings
that it currently has has been 99.89% so
it's an annualized gain of about 15% so
you'd be at $989
in profit 65 years there has been
discussion of which is the better pick
ym versus ymax ym has better underlying
Holdings yaax has some junk in it well
in today's video I'll be showing you a
perfect yaax position where I created
the single stock ETFs in a list that I
think are the best for yaax and
eliminated some of the ones that aren't
performing too well and the underlying
companies aren't that great so as We
Know yaax encapsulates all of the single
stock ETFs within it it does not include
the short income ETFs any of the single
stock ETFs such as Tesla Oar Appley
envid and so on and so forth all of
these ETFs are within YX and yag itself
is the Magnificent Seven fund of option
income ETFs so it has seven underlying
ETFs within the Holdings of yag but yaax
has over 20 now so it can get a little
bit confusing of the underlying Holdings
and some of the companies that get
thrown into yaax aren't that great so
for example some of the ETFs that I did
not add into my personal ymax position
would be the first one here up here is
yield Max Innovation option income
strategy ETF o which hasn't done well in
the past 2 years distribution rate
35.172923 the good ones here like nidy
Amy Phoebe guey as well Coney has been
great I also eliminated the Disney
option income strategy ETF even though
some people really like Disney and it's
good longterm I just feel like if we
want the best bang for our buck we're
not going to add doo in our yaax I
included
msfoxycandy and why this ETF even though
it has a high distribution rate current
share price of this ETF is like $8 and
it's a too volatile and not great for
the strategy and they're going to be
doing a reverse split soon on the CTF
for sure as well as AI YY the worst
performing yield Max ETF this company
doesn't really have too much Innovation
the share price has been crashing not
great for yield Max ETFs did not include
it into YX so then you have YX yac here
Misty got included old is the ultra
option income strategy ETF that will not
be included because that's not in
consideration for the YX position ybit
as well I did not include into our new
ymax because we have exposure to bitcoin
with Cony and Misty so you're tripling
down on bitcoin just in case Bitcoin
does crash long term we will have
exposure to that unfortunately with
Coney and Misty but on the good side if
Bitcoin continues to go up then we'll
have that great exposure with Coney and
Misty in our new yaax position these are
the short income those aren't included I
also had GDX y input here because I
think long-term gold is steady stable
rises in value I think it's a good
addition Yi Max snow option income ETF
was not added I don't think that's a
great company Long Term but we'll see
you know I could be wrong on most of
these this is just my opinion in the
ETFs that I want in the yaax position
you guys can change it up on your own in
your own portfolios like I said said in
all my videos none of this is financial
advice just for fun we're trying to
figure out strategies to make the most
amount of money possible together and
figure out which ETFs are the best to
invest in so abny I did add in this
could be some bias some people don't
like this ETF but I like Airbnb Fiat and
dips another short income those aren't
included babo I did not include because
I don't really understand you know the
whole Chinese market they could be fluff
in the numbers all these things didn't
put that into ymax yqq is another short
we didn't include that tsmy I did
include because it's new so we don't
really know how well it's going to do
but it could go up substantially and pay
out massive distributions so we did
throw that in and same with SMC super
micro computer ETF this was included and
I'll show you guys a little bit on this
since it's $50 per share as we know now
2024 distribution schedules for yield
Max ETFs they're going to be paying out
weekly distributions so ymax pays weekly
yag pays weekly as well ulti still pays
monthly then you can see the next week
ymax and ym pay again even though
they're paying out weekly the underlying
single stock ETFs pay out monthly but on
a staggered schedule so group a will pay
one week next week will be Group B Group
C will pay the third week Group D pays
the fourth week so if we scroll down
here I formulated this new yaax position
to pay every single week as well so you
don't even need to hold on to yaax if
you don't want to I personally own yaax
because this is a lot of work you have
to buy a lot of ETFs but we're going to
see if it's better to do this version
instead of just buying ymax so group a
ETFs as you know these pay on the first
week we'll get into that group b second
week Group C ymax itself is receiving
the payments every single week from
these single stock ETFs and that's how
they're going to distribute the income
to our portfolios if you hold on to yaax
so let's go into this spreadsheet that I
created this morning we have week one
payments here let's zoom in a little bit
so we can see a little bit better so
week one we're going to get a payment
from tesley and market value I just did
10 shares to start of each ETF because I
think that's doable for a lot of people
so if you have 10 shares of tesle you
would have
$131 40 within that ETF of course you
can multiply this by 100 you get
thousands of shares of of each of these
ETFs this is just what I did and made it
a little bit simpler for the spreadsheet
version so week one you get paid from
tesle you have $131 40 in tesley and
your week one payment would be
$819 and how I got this
$819 is I went into the last
distribution announcement from yield Max
you can see September 5th and then Tesla
paid out 81 so I multiply that by 10
since we have 10 shares in our portfolio
here and you get
$819 then you also have guey in here
$148 180 for 10 shares you get paid
$358 then on week one zomo you have $163
120 this pays you
$3.66 then the thawan semiconductor ETF
hasn't been out for that long and hasn't
paid a distribution yet it still is $20
per share so we're at
$24.50 for 10 shares and then that week
one payment not available yet so if we
look at this the ones that we did not
include in group a ETFs are crash ybit
Oar SN y so all of the other ETFs were
included and you can see that we're
going to get
$647 n0 is our market value of those 10
shares of these four ETFs and then our
payment would be
$15.43 so that's pretty good nice
payment off of a small amount invested
and that does not include Taiwan
semiconductors payment which will happen
in October this value is going to be
higher in distribution because we're
already including the price of all of
these ETFs so let's go into week two
here same thing market value 10 shares
week two payments see we have nidy here
share cost is $23 so you multiply that
by 10 $231 40 week two payments you
would receive
$13.55 from envid then Phoebe you would
have $187 in Phoebe you would receive
$5.34 and like I said this is based off
of September's payments you just
multiply all by 10 GDX y $179 60 $6 in1
jpo $176 for 10 shares and you would
received
$523 so week two payment you would
receive
$30.3 because of nid paying out that
large distribution and your market value
would be
$774 so this these are high yields for
sure in the portfolio because only
putting in $774
on week two you're getting $30 that's a
pretty good return so far if all things
stay stable and equal all right so week
three now you have Coney mfo amdy nfle
abny and pypy so this is a larger week
for your portfolio here market value 10
shares $14.50 for Coney week three
payments
$10.40 from Coney which is great
msfoxycandy
do see some share price appreciation and
long-term gains and we're also going to
go into total return of these underlying
ETFs you know the quality ones that you
want in your portfolio amdy you'd have
$138 in this ETF for 10 shares
$929 so a nice payment for a small
amount of money invested nefle
$167 you would receive $510 abny just
under $160
$462 so like I said some people don't
are a little weak we about ab and Y but
I personally think it's going to be
great long term and I'm going to be
adding it into my portfolio then pypy
had a huge payment for the month of
September that's not always going to
happen so don't really think that this
is 100% accurate for every single month
this is for September accuracy
$171.3 invested you would receive
$169 and what I did here for the market
value of 10 shares I just multiplied
current share price as of today times 10
we four market value 10 shares Misty you
would have
$281 get a nice big payment
$18.54 Amy you would have under200 get
$656 Appley $174 40 you would receive
$453 sqy huge payment this month of
September $175 you'd receive
$12.76 so the super micro computer ETF
that just came out this one opened up at
$50 per share so the market value of 10
shares is going to be a lot higher so
$582 this could happen from now on and
if they do a reverse split now it'll go
back up to that $50 per share so week
four payments for smcy since it's new
not available yet so the market value of
the 10 shares for the fourth week is
$1,300 and you can see the week four
payments would be 4239 this market value
is quite High because of smcy and
distribution for smcy is going to be
high dollar amount because the share
price is $50 per share so I did some
more calculations here our portfolio
value if you add all the positions that
we had in this portfolio I think it's
about1 19 would be
$3,724 and that's very doable for a lot
of people who want to invest our total
monthly income so you guys saw our
weekly income already this would be
$137.99 then let's scroll over here
yearly income if everything was the same
payout as September which we obviously
know is not going to happen say all
things stay equal in the next 12 months
This Is How They calculate it on yield
Max website
$1,654 192 is our yearly income and that
would be around a 44% yield with all of
these ETFs that have you know nice share
prices continue it to rise underlying
companies and I think it's pretty solid
and we eliminated some of the ETFs in
yield Max's lineup that we don't think
are that great so let's go into total
return of some of these ETFs here see
how well they've performed over the past
year so you can see here we have tesley
this one is pretty much the worst
performer over the past year down
17.61% but we did include it into our
yaax position cuz you never know what's
going to happen with the underlying
stock Tesla could always shoot up and
this Total return will be positive
eventually AP l 18. 6% in the past year
which is a great Total return you know
keeping up with the markets invid of
course up
100.3% which is fantastic Amy up
28.02.15 in total return this is
including the dividends guy is down
2.89% but Google long-term hold very
stable company should be good for the
longterm in our yaax position I Coney is
up
54.6% has been going down quite a bit in
the past few months but still solid
holding for a yield Max ETF then we have
seven more ETFs here we have net fle
50.2 4% in the past year very nice MSO
up 27.2 3% zomo down a little bit but we
need that diversification within yaax
because on the down days in Tech usually
Exon Mobile will go up in share price
and so on and so forth jpo a little bit
more steady up 99.46% amdy
22.7% has been going down quite a bit so
amdy at one point on March 7th 2024 was
up 54% but since then it slowly has been
declining in total return pypy up 29.1
3% that's great it's been going up
pretty steady over the long term and
then sqy of course up
42.5% so as you can see on this slide
all of these are pretty good Investments
except the only one down is zomo but
like we said that's a more of a Steady
Eddy longterm this yaax that I created
is a very nice portfolio for sure of
high yielding ETFs all combined then we
have one more here more of the newer
ones except MTI you know has been out
not for a year yet it's been out 203
days is up 75.9 4% GDX y up 83% abny
took a bit of a dip because the
underlying stock share price has been
going down 14.98% but longterm should be
positive Taiwan semiconductor up 2.07%
you can see it's only been out for 23
days and then since 912 2024 so about 4
days now smcy is up 2.43% so very short
time frame here but these are all the
ETFs included in my yaax that I showed
you guys in this spreadsheet so if we
zoom out a little bit more now scroll
down 44% yield and we have great total
returns for most of these ETFs in here
and if we want to look at like the other
ones that we did not include such as SN
y a bunch of the ones we didn't include
have negative total returns and not
great distributions so thank you guys so
much for watching let me know in the
comments down below what you think of my
modified yaax position do you think it's
better than the current one and if you
do leave a like And subscribe to the
channel and I'll see you guys in the
next one
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