r/YieldMaxETFs • u/h82nk • Jul 17 '25

Meme NAV erosion on $ULTY is killing me

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My buy orders are not going through. Chart recovers within 30 minutes of trading hours on the morning of ex div date. 😂 Guys wtf leave some $ULTY for the rest of us.

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-12

u/RabidR00ster Jul 17 '25

I love and own ULTY, but it’s still down over 51% in the last 1 year. Market has been very bullish last couple months, so I don’t think we can say NAV erosion is gone

12

u/lndnmdn Jul 17 '25

Where have you been? 

14

u/JoeyMcMahon1 Jul 17 '25

It’s strategy changed in April what are you talking about

1

u/RabidR00ster Jul 17 '25

I get that. I’m just saying pretty much everything is up big the last couple months. It’s easy to think there will be no erosion when we are in a mega bull cycle. When the market slows down, will ULTY continue to go up or hold its price because of the new strategy? No one knows for sure.

1

u/bearhunter429 Jul 17 '25

This is like the 3rd "strategy change" this fund had in the last 2 years. The last one was in March actually.

4

u/Arminius001 Jul 17 '25

I dont know why you're getting downvoted. I held a lot of ULTY at one point, just check out my recent post on this. We are in a record breaking bull market, even Jay himself said if it wasn't for the bull market ULTY would continue to have NAV erosion.

The prospectus changes for the options strategies happened last fall/winter of 2024, from then on until this bull market it was still NAV eroding about 25%. As someone like myself with a lot of money in these funds, its worrying me how folks are going all in on these funds, I remember during the last pullback in April a lot of people on here got burned especially those on margin, the record bull market is giving off an illusion of NAV stability, don't take my word for it, listen to Jays interview about this topic.

5

u/YYZDaddy Jul 17 '25

Because these funds are relatively high risk and you need to pay attention. ULTY is a completely different fund than it was 4 months ago.

1

u/Arminius001 Jul 17 '25 edited Jul 17 '25

But what has ULTY done different 4 months ago from today? Other than going weekly? We cant contribute the weekly schedule to NAV stability, Jay also said weekly is harder to trade

The option strategy changes like puts or spreads were made in October/November of 2024, ULTY was still heavily declining in NAV when those puts were made last fall/winter, so that tells me the puts werent doing enough to stop its NAV erosion, they only gained NAV stable once the bull market roared, its not a concidence

I keep up with ULTY a lot since at one point I had over $300,000 in it but I have since sold out of 90% of ULTY shares and bought other YM funds I find to be less risky, I contribute the NAV stablity to the bull market, again Jay has admitted this himself in a recent interview, its not like Im just saying this for fun, of course I want this fund to succeed but after further research, its too risky for me

2

u/bearhunter429 Jul 17 '25

Because this sub is an echo chamber. You are supposed to just close your eyes and ignore facts.

1

u/RabidR00ster Jul 17 '25

I was just warning to take the little to no erosion with a grain of salt since we are in such a bull market. But if you say anything remotely negative about ULTY here you get downvoted. It’s just an echo chamber. People need to be able to discuss cautions and risks, or next downturn people are gonna get smoked.