OUSA, Kevin O'Leary's dividend ETF, is considered high risk due to its significantly higher fee (0.5%) compared to SCHD for similar exposure.
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Most Popular ETFs Are Scams (23 Ranked)
The creator reviews various ETFs, categorizing them into tiers like 'scam', 'caution', 'great', and 'best'. He expresses skepticism towards popular income ETFs like JEPI and QYLD due to capped upside and high risk. He favors broad market index funds like VOO, IVV, VTI, and VT for their diversification and low fees, while cautioning against leveraged ETFs (TQQQ, UPRO) and celebrity-endorsed funds (GRNY, OUSA). Gold ETFs (GLD, IAU) are placed in caution, while gold miners (GDX) are deemed a scam. Bitcoin ETF (IBIT) is considered high risk. SCHD is rated solid for dividend growth, and QQQ is recommended for tech exposure. The creator discusses ETFs, recommending VT as a 'best' option for broad international and US allocation, and mentions owning both VT and VOO. They also touch on factor investing via Dimensional Fund Advisors (DFA) ETFs for data-driven investors. However, they strongly caution against single-stock leveraged ETFs like TSLL, calling them 'scams' due to high failure rates and poor performance compared to the underlying stock.
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