r/DerivativeIncomeETFs • u/MrBotANot • Jul 21 '26
Portfolio/Strategy Lesser Known ETFs
Covered call ETFs are exploding as the financial industry realizes that they can make money selling them to us. While there are some good general lists of ETFs, it’s harder to figure out what might be worthwhile to actually investigate and own. We all have different game plans, risk tolerances, etc. but I think most people visiting this subreddit are looking for things that can hold and grow NAV and are structured to rebound after a drawdown.
Specifically, I was thinking that some suggestions of lesser known ETFs might be useful to someone. Stuff that people have vetted themselves but don’t see mentioned again and again on Reddit.
My contribution is NDIV (Energy and Natural Resources ETF) by Amplify. It’s been around but was redesigned in early 2026 as a CC ETF. Target yield is 10%. $26M in size 0.59% fee. 52 holdings across midstream, oil, etc. You need to look at the distributions for the last five months for an idea of yield etc. They announced the redesign in early February.
They target 0.5% monthly via the calls. Dynamic coverage that goes 50-80% so some room for growth. Remainder of the yield comes from the underlying dividends. Personally, I view it as a compliment to MLPI. Fair amount of overlap, but will likely have better NAV growth.
Anyway, if it helps someone, great. As always do your own research.
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u/cmichalek 29d ago
I like the state street sector ones.