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.

Outlines

00:00

📈 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.

05:00

📊 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.

10:02

💹 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.

15:05

🚀 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.

Keywords

💡Yield Max ETFs

Yield Max ETFs refer to a series of exchange-traded funds that focus on generating income through options strategies. In the context of the video, the creator discusses optimizing a portfolio of these ETFs for better performance. The video mentions ETFs like YAAX, YM, and others, highlighting their distribution rates and total returns.

💡Total Return

Total return in investing terms includes all the gains an investor has made from a security, including price appreciation and dividends. The video script discusses the total return of individual Yield Max single stock ETFs, indicating their performance over a specific period, which is crucial for evaluating their inclusion in a portfolio.

💡Distribution Rate

The distribution rate is the percentage of the fund's assets that are distributed to investors as dividends. In the script, the creator evaluates various ETFs based on their distribution rates, which is a key factor in choosing high-yielding investments for the portfolio.

💡YMAX

YMAX is one of the Yield Max ETFs mentioned in the video. It has a strategy of paying weekly and is composed of better-quality holdings within the WEAX lineup. The video discusses creating a better YMAX portfolio by selecting high-performing single stock ETFs and eliminating underperforming ones.

💡Portfolio Optimization

Portfolio optimization involves selecting the best combination of assets to maximize returns while minimizing risk. The video's theme revolves around optimizing a Yield Max ETF portfolio by analyzing individual ETF performance and creating a new, potentially more profitable configuration.

💡Dividend Reinvestment

Dividend reinvestment is a strategy where an investor uses the dividends received from their investments to purchase additional shares of the same investment. The video script mentions dividend reinvestment in relation to the growth of a $10,000 investment in YAAX.

💡Reverse Split

A reverse stock split is a corporate action in which a company decreases the number of its outstanding shares by consolidating them into fewer shares, often to increase the market price per share. The video mentions a reverse split in the context of an ETF, suggesting it as a strategy to manage share price volatility.

💡Staggered Schedule

A staggered schedule refers to a distribution plan where different components of a portfolio pay out on different dates. The video discusses how Yield Max ETFs have a staggered schedule for their weekly distributions, which is a strategy to spread out income payments.

💡Market Value

Market value is the current trading price of a security. In the video, the creator calculates the market value of various ETFs by multiplying the current share price by the number of shares held, which helps in understanding the overall value of the portfolio.

💡Yield

Yield in investing refers to the income generated from an investment, typically expressed as a percentage of the investment's cost. The video focuses on creating a high-yield portfolio by selecting ETFs with high distribution rates and positive total returns.

💡Financial Strategy

A financial strategy is a plan for managing money or investments to achieve specific financial goals. The video script is essentially a tutorial on developing a financial strategy for investing in Yield Max ETFs, aiming to maximize weekly payouts and long-term growth.

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