2024-04-15 06:58:44 ET
Summary
- YieldMax has launched the YieldMax Universe Fund of Option Income ETFs, which invests in a portfolio of YieldMax single-stock ETFs.
- YMAX's strategy is to simply buy the universe of YieldMax single-stock ETFs.
- Although YMAX has been off to a strong start, I advise caution as the fundamental flaw of 'capped upside, uncapped downside' remains.
Much ink has been spilled in recent months on the rise of options income ETFs. I have personally written numerous articles on these products ....
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For further details see:
YMAX: Beware The Hype