QYLD
Global X NASDAQ 100 Covered Call ETF
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$-0.12 (-0.65%) Today
Mentions (24Hr)
75.00% Today
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7 Days Mentions
Reddit Posts
I think I came up with a free money strategy
We ain’t selling and we are going to own the stock market! Here is how we can get there.
is QYLD a good bet now that the NASDAQ is in full correction.
Derivative income for a long term income portfolio?
I think I discovered the secret to infinite fixed return money, like 200% a year.
Help me convince my wife to properly invest $250k
Can someone please help explain the call option cycle of QYLD in a month?
Wrong Group, But ROTH IRA and YLDs, Long Term IDEA
Using cover call ETF’s like QYLD as an alternative to savings account?
27 y/o, trying to get a hold of what to do in the market. Think I'm making the wrong moves compared to everyone. Any help would be great
Feedback on portfolio risk hedging where investments supply all income
BST/SCHD/Quadfecta -38y/o feedback/input on approach?
All the posts about Cathie Wood and ARK show how worthless the content on this sub has gotten
Different take on Ray Dalio AWP and Bogleheads 3 Fund Portfolio
New to margin, should I use it to buy stable-priced, high-dividend ETFs?
I’m about to load up on QYLD… let me retire
High yielding dividend stock or high growth stocks for a 21 year old
I don't know what I am doing. How can I get better at picking investments? Right now I am focusing on dividends. QYLD is kicking my butt
Looking for tickers that track US economy & world economy
Return on Equity, Turnover, Assets, Risks, and Dividends (R.E.T.A.R.D)
I developed an options strategy that will make me a billionaire in 1 year 💸🤑
Observation of Options QYLD $23 PUT and Calls 9/17
Basically Guaranteed Plan For $200k to $7m in 40 years. It’s called dividends such as $QYLD
Rate portfolio I am making for my girlfriend who’s getting a large amount of cash.
Option strategies that are optimized to reduce risk with consistent (small) profit.
Best Flat/Bearish Option Strategy with large sum of money?
Is investing in QYLD at the same time investing directly into it’s top holdings basically selling OTM covered calls while retaining principle loss?
Ridiculously bad expiration date timing on covered call ETFs
Performance of some well known high income ETFs. (12 month). DIVO SDY QYLD RYLD 💰
$QYLD an etf that write covered calls and pays a monthly dividend.
Revisiting Call-write ETFs, like DIVO, QYLD, over this volatile period, some are delivering in Total return space. Yield, is only part of the equation.
Looking for some advice on building a nest egg for the kids.
Using The Wheel on BNGO and retiring dividend investing
Should I Yolo my dividend stock investment into BNGO covered calls?
How Can I Duplicate QYLD's Covered Call Dividend Strategy?
Global X S&P 500 Covered Call ETF (XYLD) and Global X Russell 2000 Covered Call ETF (RYLD)
Boggleheads 3 fund portfolio & separate QQQ (and others) portfolio
Mentions
ETF's weren't created till the 90's and didn't really start catching on till the middle 00's. That's not a lot of history to study. QYLD started in 2013. PBP is older, started in 07. I don't think studies like your looking for are publicly available. At least, I couldn't find any.
In my experience the covered call ETFs rise and fall based on the overall market and price of stocks they are selling calls on not monthly based on distribution dates. QYLD and RYLD down but still paying 1% monthly but ones based on oil stocks up.
Yes, you pay ordinary income rates. Also, a lot of us were mislead on QYLD where the sponsor was forecasting that most earnings were a return of capital (form 19a). At one point, I had $100k in QYLD and RYLD on the assumption it was a return of capital (and therefore non-taxable). When I found out it was STCG, I liquidated the entire position and never looked back.
This is a so-what moment. If you REALLY want to do something like this, look at the Quadfecta strategy. There’s a sub for QYLD Gang. The problem is there is no growth so inflation kills you. You’d have to reinvest something like half to keep up, and then the taxes screw you bad.
Has anybody considered buying income etf's like QYLD or NUSI instead of holding cash? They produce about about a 10-15% yield which helps counter the nav decrease during the downturn. I've been considering putting a fair chunk into one of these for the time being instead of losing 8% to inflation by holding cash.
>QYLD I See, so you invest X3, you pay the fee of leverage, interest on load, you end up with 30%\~. Nice.
QYLD pays about 1% a month, its the best income stock. you can earn 10,000 a month with a million, twice on margin and arguably you can easily live off that.
QYLD and similar funds have 10% dividends.
The problem is that QYLD drops hard during every correction with no prospect of recovery. So the stock is unlikely to ever hit $20 again. You’d be eating into your (leveraged) principle investment from the very beginning, and a 25% drop will get you margin called.
Nice QYLD mention. It’s a guaranteed 10% gain yearly, yeah? I’m a huge fan of the covered call strategy and can’t wait to do it with AAPL, once I have like $20k in shares.
After you margin called, and QYLD and RYLD seems to trend down.
Also some etf’s pay really good monthly dividends - $AMZA $QYLD $RYLD $USOI - might be worth a look. When values are trending downward, you can also write covered calls on them.
I have VTI, several REITs (VICI, ABR), JEPI, QYLD, T, VZ, KO, one oil stock (AR), and my one long term growth stock is TLRY which I'm either going to ride or die on. At SOME point the govt is going to legalize it. I put in $125 every Monday and I just look for good buying opportunities. I'm not looking for quick returns so for me the more I can accumulate and average down the better.
QYLD's dividend comes from writing 5% otm monthly calls, or something similar. It isn't from company dividend pass-through
O I would agree it’s also heavily in APPL so if it goes big ouchies I was just saying a wheeling strat getting .25-.5% is relatively low risk it doesn’t even out perform a QYLD dividend
QYLD is terrible for drops as it's just pre-packaged covered calls. Take a look at the prospectus on it. All of the buy+writes get chopped up in swings but don't participate as well in the recovery
It’s also a .25%-.5% return on CCs….not a lot of upside there. He could’ve put it in QYLD and they would wheel better than this
Right now volatility is extremely high which makes selling premium lucrative. I would expect 7-10% yields for at least the next while. Additionally, the options don't need to be written on 100% of the portfolio like QYLD. I opt for covered call ETFs that write on no more than 50% of the portfolio so that upside isn't completely capped.
Yeah, that's pretty much it. I bought QYLD on Robinhood, and set it up to reinvest the dividends. At first I was matching the dividends with monthly deposits. Currently I'm doubling the dividends with monthly deposits. And right now the whole market is down (including QYLD) so the shares are on sale and now would be a good time to buy. I have been trying to make some bigger purchases throughout the year whenever I have some extra money laying around, and I plan to continue doing that. But for every $1000 you invest, you'll get back about $10/month and that ain't bad. If you take the dividends out you pay normal capital gains taxes on them up to a point. I've not taken any dividends out yet so I'm not sure what that looks like. I think it's just the base 10% until you hit a certain threshold, which I almost certainly have not hit since all totaled I'm probably only looking at ~$1000 in dividends in the last year and a half.
I need more info. Do i just buy QYLD and let is sit there or do I need to do something else?
Wait so that’s the rate QYLD dividends are paid at? So if I drop 50k in there I’d be adding in 500/month DRIP? Then I could be at 1000/month how fast? Completely passive?
Anyone else using this as an opportunity to average way down on QYLD and RYLD?
YES!!!! Now all the way to the bottom and back up 5%-30% is a great time to buy. I did not just pull those numbers out of my ass😅 Or you can be like me and just buy a little all the fricken time like your are addicted to buying stocks. I don’t have a problem….really…just need to buy some more QYLD as it dips so I can get more dividends and use those dividends to buy more stocks to buy more stocks so……what where we talking about again? https://youtu.be/oSPT27XyY1U
There are a number of Covered Call ETFs that do something similar. I've got some money in QYLD, roughly 5k or so. I put in $100/month and make about $50/month in dividends (obviously this is compounded monthly) so by committing $1200 of my own dollars for the year, I should go up ~$1800 or so with a gain in dividends of like $600 for the year (it's a little more, but I'm using nice round numbers because easy) I figure it'll take a few years before I'm in the 100k range, but having a static ~$1000/month from dividends sounds nice.
If you had reinvested the dividends back into QYLD over the course of the year, your total returns would actually be lower because of how rapidly the share price fell at the start of this year. If you invested $10k in QYLD a year ago and reinvested all your dividends, before accounting for the taxes you'd have about $9500 worth of QYLD right now.
No, I'm calling it an $800 loss based on the split adjusted share price from a year ago. It could go lower, it could go higher. It is just a fact of the data that if you had bought $10k of QYLD a year ago and sold it today, you'd have lost $800 in principal. I'm sorry you can't "see eye to eye" on the numbers.
QYLD pays 11% annually, but it has a share price and that share price has fallen about 17% since January. Since the start of the year, you've gotten about 4% in yield and lost 17% of your principal. In other words, $10k of QYLD at the start of 2022 would be worth about $8300 on the shares and have paid about $400 in dividends, still leaving you at like -13% YTD. Cash under a mattress is outperforming that, let alone something like a savings bond which pays interest and is guaranteed not to lose principal value. If you bought $10k of QYLD a year ago, you'd have been paid about $1250 in dividends and lost about $800 in principal value which on net isn't enormously different from the performance of an I-bond purchased last May, and of course the bond is essentially risk-free against QYLD has risk from market exposure. You can't ignore the share price both because the value of the principal factors into the total returns *and* because if the asset is paying a percent of its current value as income, falling principal reduces that income. As the share price of QYLD falls, the checks you get sent for your 11% annual yield will also get smaller and smaller. You say "on sale" as if the share price ought to rapidly return to it's January 1st level, but that's not something that should be taken axiomatically.
Why are you looking at QYLD at a measly 17% off when obviously we should all pile into Disney, a much better deal at 30% off? Or Etsy, which is down like 60% since the start of the year? Obviously Coinbase is going to 5x in the next few months because it's 80% off, right? Why must it be the case that the valuation of QYLD at the start of the year is the true and correct one? Is there really no possibility to you that it could fall further?
The share price of QYLD is down 17% since the start of the year.
QYLD gives 10-12% dividend. SPY grows 10%+ per year. Bond is literally for people who wants the most stable income of all.
>The category in abstract is called "covered call etf". That would be what to look for. QYLD is just one of a dozen or so in the U.S.
An alternative would be QYLD or some other covered call fund with guaranteed substantial monthly return. Yes I am aware that total returns over time may not be as high as with strategy you recommend. But for a beginner, especially one with bad taste in his mouth already, it would be a way to SEE REAL POSITIVE RESULTS, immediately. Which is good.
Honestly, the more diversity the better. It’s the same thing as “don’t put all your eggs in one basket”, try to spread out your 50k evenly between multiple sources. All of these ETFs are good to spread the $$$ but also look at dividend ETFs. Personally, I hold QYLD and ZWP.TO, but there are many to look at and dissect. Can’t wait to see what you pick and how your results turn out!
I think so too. I have 5 QYLD may20 calls for $20.50. Not much money but hoping I can make a hundred bucks or so.
Yeah like I said there isn't really a case for it. If I really needed a heavier dividend focus at the expense of capital appreciation I'd probably add in a bit of something like QYLD. (An iced coffee maybe?) But that doesn't really make sense for where I am and what my goals are.
What do people think about XYLD and QYLD assuming one expects more volatility / the market to trade sideways for some time to come?
works the same as having QYLD in a Roth - no taxes
If you don't understand the risks with VC etf'sz then I'd avoid them. If you don't understand the differences between JEPI and QYLD or NUSI then I'd avoid them. They can at times have significant risk. I am not s fiduciary and don't care what happens to your portfolio..nobody else really does either. So take any advice with a trust but verify at best. Even if u talk to a fiduciary... Ask questions. Make sure u understand what ur getting into. Blind faith off a cliff still ends the same way no matter how smart the leader is. That all being said I like diversification. (This isn't investment advice even if it sounds like it) Any one asset class or sector or market can suffer. Look as nasdaw. Total stock market goes by market cap. So ur heavily concentrated in large cap. Generally large cap is more defensive and less volatile but at the cost of reduced growth . I'd suggest you look into diversifying by market cap. Small and large. Maybe also look into factor tilts. They have historically beaten the market. Value. Dividends. Size. Momentum. Low Volatility. I think there are 2 more. Dollar cost average maybe? Save some dry powder maybe? Don't forget the treasuries. They okay an important role. Markets crash and investors flick to safety. More buyers then sellers drives yields down... And prices up. So treasuries are usually not very correlated with market therefore a decent hedge. Good luck in whatever u choose. And when in doubt, talk to a fiduciary financial advisor. Must be fiduciary. But event then, u know ur needs better then anyone so no blind faith.
Look at XYLD and QYLD. They sell calls against long index positions. At least until you have more cash to make your own hedge fund.
Yeah, have a few shares of JEPI and QYLD(a similar etf) each, cool to see one of em get a nod here. They do indeed decline less and pay monthly dividends at higher-than-average yields so really not the worst option for what people are saying is going to be the new normal.
Damn that's like $25 a month in dividends if you had that in QYLD instead.
QYLD, solid monthly return (\~1-2%)
I will walk off a rental helicopter screaming QYLD and add tons of emojis on the screen to give you confidence
Dividend investing. Either in QYLD, SPHD, or SCHD. This is assuming you have already maxed out your Roth IRA deposit for 2022 ($6,000).
QYLD in a few days probably
I’ve kept my QYLD so far but man the composition is prime to tank short-term, I’ll forgo the 0.8% divvy for a few months
QYLD is legit. It buys the Nasdaq 100 and buys calls on it monthly. Volatility increases the prices of option contracts so it is a good passive source of income. You just have to ROTH it though to avoid taxes on the dividends, since pretty much 100% of your gains from it will be in the form of dividends.
Buy USOI. Use dividend to buy QYLD, RYLD, QYLG, XYLD and XYLG....income play....
If you're wanting dividends but don't care about growth, check out r/dividends who will suggest income funds like QYLD, KBWD, or SPHD. If you want something strong and sturdy to go into, think HD, KO, or 3M. If you're feeling like you want to be risky without going into options but still give dividends, COF, WMT, or JNJ.
Wait until the market reacts to the fed rate increase and until we get some more info on whether we are entering a true recession. You could look into dividend investing through QYLG, QYLD, SCHD and so many others
QYLD seems too good to be true, I bought a bit but I can’t bring myself to buy anymore, because my brain can’t comprehend making money after the last year and a half here
Well, it's my QYLD dividends, so it's easy come easy go as far I'm concerned.
Samesies, kept my QYLD because the dividend still beats the losses
Iirc - QYLD does not offer a dividend reinvestment DTC Discount Plan. So that means, you may be able to reinvest dividends through your broker's dividend reinvestment service. Most brokers should be able to do this.
Does anyone know if QYLD offers a DRIP incentive? I can't find that information on their prospectus.
Does anyone know if QYLD offers a DRIP incentive? I can't find that information on their prospectus.
You should look into covered call ETFs like QYLD. They offer huge dividends, like 12% annually, paid out quarterly or sometimes monthly, but the downside is that the stocks don't grow over time. Still if you reinvest dividends you can see a lot of growth, or it is a good way to get a passive income.
Add $QYLD or $JEPI to get nice dividends
They should note that QYLD (and others like it) typically sell at the money or near the money calls since they're designed to generate as much income as possible, not capture upside.
There are funds that do this for you. Look up covered call ETFs. Most popular right now is QYLD.
I would open an IRA, traditional probably, and max it out every year and hope for the best. If they file their taxes jointly they should be able to contribute 7k into an IRA for mom and 7k into an IRA for dad, so 14k a year total. The IRA contributions don't have to come from them, they can come from you and your siblings. I would stick mostly to safer investments like bonds and things that generate income. Dividend ETFs like SCHD or QYLD, REITs or their associated ETFs like VNQ and XLRE, and bond funds like BND and the like. Its a bit late for going hard in on things like VTI and VOO in my opinion. Your folks need income and volatility protection, not risk. If he has a 401k with a match option at his job its not too late to get it and claim some free money. Every little bit helps. Getting that debt paid off is going to be important. To be honest, at 61 with no retirement savings its not looking good. They may really need you and your siblings to be there for them for the rest of their lives.
Oh I've plenty of bags - 7 shares at 188 on PYPL, 100 shares at 12.85 on SOFI, 2 shares at 1200 on SHOP, 6 shares at 315 on FB, 203 shares at 27.8 on NUSI, 270 shares at 22.7 on QYLD. Glad I have a few decades (hopefully) before I retire.
The actual advice is to extend your timeframe. if your investing $25 a week, just switch up to investing once a month instead and buy something under $100 s share. But if it absolutely must be under $25, then QYLD or SFY
I see QYLD with 7B AUM, v seeing 1B during the covid times. Did investors really pump 6B into it?
QYLD is the best dividend play. Mostly flat lines around the 20 dollar range, pays 1% or so back every month. 12% a year, they’d give you an extra 200 a month for life on your 20k investment!
Try QYLD or SPHD. Monthly income from both ETFs. QYLD is covered call income and SPHD is from dividend income.
Dividend ETFs or Covered call ETFs. SPHD or QYLD.
What do you do with unused capital in a trading account? I’m planning to take a break because some personal stuff came up and didn’t want to keep only cash in the account. Was thinking about allocating a large portion to JEPI or QYLD to at least get some returns considering the current market. Note this acct is only for trading and I am aware of the tax implications.
I pivoted to chasing dividend yield % because growth stocks can suck a fat one. Loaded up on some QYLD and ZIM, just a few shares each, if this experiment works out and the market goes to Official Bear Territory, I'll DCA these a bit more. Everything else I can think of at the moment just seem like bad attempts to predict the future.
You are fine with Fidelity, but REITS are a bad idea for taxable brokerage account. Dividend ETFs or Covered Call ETFs are better choices. SCHD, SPHD, or QYLD.
At 60+ its a bit late for lots of aggressive index fund growth. I would look into bonds and things that pay dividends. SCHD, DGRO, QYLD, VIG, BND, and the like. SCHD will give some growth but I wouldn't go hard in on VTI or VOO or anything like that. Yes selling the stocks will be a taxable event if they aren't in a Roth 401k or Roth IRA. I hate to be the one to say it but at 62 with only 30k in the market its not looking good. I hope they live in a super cheap part of the country and that their house is paid off.
Yes, NFT .... Of all used books, used CD only Amzn was successful. A day like today my IEP (15.4% yield), QYLD (14.8%), APAM(11.2%), PTY(9.87%) ... they lose -0.9 to -1.4% Fri vs SPX which saw -2.23% loss. Gold, Gold streaming, Crpto did nothing to hedge fall. PS: Precious metal stopped hedging since Covid. Unaware of corp bond how welll they do today. Looks like they dipped 0.05% and some bounced up. Looks like unaffected like stocks YTD.
If by "without penalty" you mean no capital gains taxes and without loosing any of your original investment then the answer is a high yield savings account. I guess something like QYLD would sort of qualify as it has no real capital appreciation but its price still bounces around like any other ETF and you may suffer capital losses even if the dividends are good. But anything that's traded on the market is going to involve some risk. If you need guaranteed access to the full amount of money at all times the market isn't the place to park it.
I hold 850 shares of AAPL and also own a little bit of QYLD which holds it as well. AAPL was the 2nd stock I ever bought, at $7 a share when the Mac was first being introduced. I have owned it 7 times now and made $$ every time.
I wouldn’t recommend it for the average investor, but if you’re interested then read about u/originaleggplant420 and his journey using margin trading for QYLD
This is literally how my grandma makes her money in the market. She tracks divvies like QYLD and builds positions leading up to the X-date, then sells. According to her, the key is making sure your dividend payout outweighs any loss from your shares, so you need to be ready to cost-average in like a mother bitch. With the dips we've been seeing, I've caught a few divvie stocks (USA for example) dipping down into pretty decent value, as low as below 7.00 If you start with a cost average like that, it's easy to sell for a profit \*and\* collect the divvies.
Yes. When your cost of capital is lower than expected return your should do it. Just don't use it for speculative stocks. Do something like RYLD or QYLD where the trading range jlis narrow and it pays a huge dividend. They pay monthly and using DRIP it acts like a 12% savings account, compounded monthly.
At only 39 my experience is very growth focused but I would think that dividend ETFs and stocks might offer a reasonable alternative to bonds from an income generation perspective. But personally I am of the mind that bonds are not the place to be these days. Things like SCHD, DGRO, VIG, O, and even QYLD come to mind. I am less sure about evading volatility but in theory 2M in QYLD would generate a little under 20k a month on average. If you reinvested half of that to combat inflation and lived on the other half you'd be all set. However throwing everything into a covered call ETF like that probably isn't the best idea. Some diversification would obviously be in order. Maybe ask in r/dividends?
QYLD is terrible long term though. They sell ATM calls meaning once it drops it will not recover to its former high. Scroll out to the 5 year chart and you will see this is true
Fun fact QYLD would give you risk free 1%/month so with half a mil you'd have collected $5k/month Perhaps not too late..
At this point? Fucking QYLD idk anymore
This is wsb so I'd say QYLD or NUSI
XYLD, QYLD, RYLD. All 10% + yields, because they're selling covered calls like your dumb ass should be. Read a book and start trading options.
QYLD is the NASDAC dividend fund and it returns 12%
The protective put on NUSI only serves a purpose if there is a black swan event (e.g, COVID crash of March 2020) where it will prevent the underlying instruments from drawing down further than 10% that month (or whatever downside floor the put option is set at). If we are in a bear market where NDX is drifting down an average of 1-2% a month,, the protective put on NUSI is useless because the underlying instruments in NUSI will still realize that 1-2% decline in value each month, and yet you're giving up part of the CC premium (and thus, the dividend yield) by spending part of it on that put. At least with QYLD you'd be retaining the entire CC premium in a bear market, albeit without the extreme downside protection in the event of a crash, which is why I don't think any of these CC ETFs would fare well at all in a sustained bear market. At best, the yield would simply offset the decline in the NAV each month, in which case you're probably better off holding a treasury bond.
get a job. any fucking job. taking out a cash-out refi on 700k, you're probably looking at being able to finance 80% of it which is 560k. out of that you're paying 163k in taxes leaving you with 397k to stuff into QYLD at 1% divvy a month, roughly $4k in dividend income. a 30 year fixed on 560k at current interest rates comes out to roughly $2600-2900 a month depending on how shit your credit is. if you can convince someone to give you the loan, you should be all fuckin set wi