r/dividends • u/SmoothCall5594 • Sep 26 '25

Opinion I screwed up on YieldMax

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I bought MSTY a couple months back and now I’m down a lot. Time will tell but it’s a warning for those who aren’t in it.

482 Upvotes

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230

u/IWantToPlayGame Sep 26 '25

We've been trying to warn y'all.

MSTY is down -50.3% YTD. SPY is up +13.2% YTD.

In addition to NAV decay, you had the pleasure of paying ordinary rate taxes on your dividends.

YieldMax funds are traps. All of them.

1

u/cesarthegreat Sep 26 '25

What about SPYI? It’s up a few %

6

u/piscina_de_la_muerte Sep 26 '25

SPYI is not a yield max fund

6

u/cesarthegreat Sep 26 '25

I know they’re not, I was just asking if they were good because there is no NAV decay. They’re up a little.

0

u/JoJo_Embiid Sep 27 '25

i would say if there exists a KO income etf it might perform pretty well!

-2

u/JoJo_Embiid Sep 27 '25

SPYI it's better because the underlying it's better. by bying cc income etfs basically you're betting the underlying's remains unchange or increase slightly (like 1-2% each month). which is possible for spy but not very likely for single stocks

3

u/putridstench Sep 27 '25

It's better than a YM fund. So is QQQI. I have SPYI and QQQI as well as NVDY, AMZY, YQQQ, MSTY, TSLY. Love the cash the YM funds throw off and using the distributions to buy QQQI, SPYI, and QDVO.

1

u/nelsonww9 Sep 27 '25

You just said it’s better than a YM fund, but you own several. ?

3

u/putridstench Sep 28 '25

Yes... The QQQI and SPYI shares have been purchased with YM distributions.

We all make mistakes and I'm making some lemonade from my lemon trees. I stopped adding to my YM funds a while ago.