08-10-2021, 09:23 AM
(08-09-2021, 07:58 AM)fenders53 Wrote:(08-09-2021, 07:17 AM)ken-do-nim Wrote: This morning I learned about the Covered Call ETFs: https://finance.yahoo.com/news/etf-battl...00549.html.They are less risky than some of your other income candidates. They actually employ about half the strategy I use in the income section of my portfolio. If the market is flat to slightly up they will do well. An index like VOO will trounce them over time though. As appropriate throw up a comparison graph of the index they track and look back 10 years.
So, I think all of JEPI, QYLD, NUSI, and RYLD have merit. The video points out that NUSI will do the best in a down market.
VOO is also at $407 a share so can buy a hell of a lot more of NUSI
NUSI has a 7% yield where as VOO is only 1.34%
I'm not debating with you but you , and no one said NUSI was in the same class with VOO. Totally different investment. But you can own both, as I do. Have owned VOO since $114.
Not to mention NUSI is less then a year old so you really cant compare the two.
And if NUSI were to stay at these levels and I just collect the dividend here I'm quite happy collecting that nice payout.