YMAX: Very High-Yielding Fund Of Funds
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The YieldMax Universe Fund of Option Income ETFs (YMAX) offers high distribution yields but comes with significant price volatility and risks, especially in bear markets. Despite a 24.3% total return in 2024, it underperformed the S&P 500 during downturns.
December 20, 2024 | 2:30 pm
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YMAX offers high yields with a trailing cumulative yield of ~40.63% and switched to weekly distributions. However, it faces significant price volatility and underperformed the S&P 500 during market downturns.
YMAX's high yields are attractive, but its significant price volatility and underperformance during market downturns suggest potential risks. This could lead to a negative short-term impact on its price, especially if market conditions worsen.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100