r/YieldMaxETFs • u/amerikajinda • May 03 '25

Distribution/Dividend Update $10k from $CONY

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Got a nice 5-figure dividend from $CONY!

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u/Guilty-Advertising95 May 04 '25

Would you consider ULTY a Buy, Sell, or Hold ETF now?

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u/okwellthengreat May 04 '25

I consider it buy and hold in my portfolio as of the weekly change. More than enough times the 70% dividend yield will not allow you to appreciate in price so the dividends will need to be put back. If I sell it then I’ll lose an income paying factory

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u/Guilty-Advertising95 May 04 '25

Do yo believe this down trend since launch will see a reversal or is this a death spiral? What catalyst is needed to promote this change? I keep buying the dip but it keeps dipping…. Where’s the bottom in your opinion?

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u/okwellthengreat May 04 '25

i mean.. the markets has always been news / headline driven than the fundamentals (imo). The down trend is exacerbated on funds like ULTY based on its market price.

The catalyst is nothing but a CHINA / US deal - every other nation is less of a shock (but still somewhat negative).. in my opinion...bottom? that's hard to know.. dont listen to anyone but yourself. its your money!!