NVDY ETF's Efficiency Is Uncanny And Shouldn't Be Counted On Going Forward Despite Nvidia Potential
Portfolio Pulse from
The NVDY ETF has shown impressive returns by sacrificing Nvidia's upside potential, but its efficiency may not continue. Nvidia remains a good long-term investment.
November 18, 2024 | 5:15 pm
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POSITIVE IMPACT
Nvidia remains a reasonable long-term investment despite the NVDY ETF's strategy of sacrificing its upside potential.
While NVDY sacrifices Nvidia's upside for high income, Nvidia itself is still considered a good long-term investment, suggesting potential for future growth.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
NEUTRAL IMPACT
The NVDY ETF has achieved impressive returns by leveraging Nvidia's performance, but its efficiency may not be sustainable in the future.
NVDY's returns have been strong due to the pattern of Nvidia's monthly returns, but this pattern may not continue, affecting NVDY's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100