YieldMax is noted for creating new funds, though not all are successful, and the creator does not shame them for closing underperforming funds.
Source Post
Are Your Dividend ETFs Safe? 4 More Funds are Shutting Down! (Urgent)
The creator discusses the liquidation of four YieldMax ETFs: ABNY (Airbnb), DISO (Disney), FET (Dorsy Wright Feature 5), and FIV Y (Dorsy Wright Hybrid 5). The primary reason for liquidation is insufficient Assets Under Management (AUM) to ensure profitability for YieldMax, despite high expense ratios. The creator notes that these specific funds have underperformed in both total return and AUM, with Airbnb and Disney stocks also being underperformers.
Linked Mentions
Tickers discussed in this post
FE is mentioned as an example of an ETF that focuses on single stocks and carries risks due to potential removal.
XOM (likely a YieldMax ETF related to Exxon Mobil) has not performed badly, but its AUM might not yet make it 'worth it' for the issuer.
The creator speculates that PYPY (likely a YieldMax ETF related to PayPal) might be removed, but has no strong conviction.
Tesla is listed as one of the larger YieldMax ETFs, suggesting it's a significant holding but not the primary focus.
Nvidia is mentioned as the largest fund within YieldMax ETFs, with consistent AUM, indicating it's a primary holding.
ULTI is mentioned as a potentially large YieldMax ETF.
TSLY is mentioned as one of YieldMax's first ETFs that the creator tracked.
MSTY is mentioned as one of the YieldMax ETFs that contributed to the company's popularity.
NVDY is mentioned as one of the YieldMax ETFs that contributed to the company's popularity.
Linked Signals