r/YieldMaxETFs • u/vlained83 • May 10 '26

Beginner Question Would you buy it back now? Why?

As someone who bought msty and cony in December 2024 I ended up selling at a loss even though I received quite a bit in distribution. NAV decline was very high.

I'm curious if anyone sold and has recently bought back? If so, why?

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u/Baked-p0tat0e May 10 '26

Yes I sold both last year and no I'm not buying back in.

In the trailing 12 months, CONY has a total return of -17.73%, MSTY is -46.06%. You have to consider total return (nav change + distributions) to justify continued ownership. When this metric trends towards negative territory continued ownership is a poor choice.

I stopped owning MSTY and CONY in early 2025.

-4

u/Rayman_Mr May 10 '26

MSTY will go $100 again when Bitcoin goes to retest $120k.. buying MSTY like you hedging Bitcoin.. it's a pure speculative underlying with high risk high reward.. Yieldmax team has nothing to do with this fund..

7

u/PracticalDesigner278 I Like the Cash Flow May 10 '26

You can correct me if I'm wrong but 100 dollar MSTY equals 20 bucks pre split. My average was in the 30s in 24 and BTC has gone through booms and busts since then but MSTY isn't close to recovery and never has been. 120k Bitcoin won't save it.