Did YieldMax LAUNCH These ETF's on MY Advice?!

In this video we are talking about the yieldmax ETF's, specifically the YieldMax QDTY, RDTY and SDTY which are 0DTE synthetic covered call ETF's that track the S&P 500, NASDAQ 100 and Russell 2000.
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This communication/content is for informational purposes only and is not intended as personalized investment advice, tax, accounting or legal advice, as an offer or solicitation of an offer to buy or sell, or as an endorsement of any company, security, fund, or other securities or non-securities offering. This communication should not be relied upon for purposes of transacting in securities or other investment vehicles.
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The YieldMax Nasdaq 100 0DTE Covered Call Strategy ETF (QDTY) is an actively managed exchange-traded fund that aims to generate income while providing exposure to the price return of the Nasdaq 100 Index. Here are the key details about QDTY:

Investment Strategy
QDTY employs a synthetic covered call strategy designed to:

Generate current income

Provide exposure to the Nasdaq 100 Index price return

The fund primarily writes (sells) out-of-the-money, zero days to expiration (0DTE) call options on the Nasdaq 100 Index or related ETFs.

Fund Information
Ticker: QDTY

Inception Date: February 12, 2025

Primary Exchange: Nasdaq

CUSIP: 88636R578

Gross Expense Ratio: 1.01%

Distribution Details
QDTY aims to distribute income on a weekly basis. Recent distribution details include:

Latest Distribution: $0.3124 per share

Declared Date: March 19, 2025

Ex-Date: March 20, 2025

Payable Date: March 21, 2025

Performance
As of February 28, 2025, QDTY's performance since inception (December 16, 2024) was:

NAV: -2.98%

Market Price: -1.37%

Risk Considerations
Investors should note that QDTY's exposure to gains in the Nasdaq 100 Index is limited due to its investment strategy. However, the fund is subject to all potential losses if the index decreases in value, which may not be offset by income received.

It's important to understand that past performance does not guarantee future results, and investing in QDTY involves a high degree of risk.

The YieldMax S&P 500 0DTE Covered Call Strategy ETF (SDTY) is an actively managed exchange-traded fund that aims to generate weekly income while providing exposure to the price return of the S&P 500 Index. Here are the key details about SDTY:

Investment Strategy
SDTY employs a synthetic covered call strategy designed to:

Generate weekly income

Provide exposure to the S&P 500 Index price return

The fund primarily writes (sells) out-of-the-money, zero days to expiration (0DTE) call options on the S&P 500 Index or related ETFs.

Fund Information
Ticker: SDTY

Inception Date: February 6, 2025

Primary Exchange: Nasdaq

Gross Expense Ratio: Not specified in the search results

Distribution Details
SDTY aims to distribute income on a weekly basis. The most recent distribution details include:

Latest Distribution: $0.3175 per share

Declared Date: March 19, 2025

Ex-Date: March 20, 2025

Payable Date: March 21, 2025

[KristoferMccabe-yr]

Got tired of unstable ETF strategies, Utex feels kinda cleaner for straightforward US stock trading

[lawrenceneo]

And how are these yieldmax 0DTE comparing to the roundhill QDTE, XDTE, RDTE.

Are they the exact same carboncopies. ?

[tomfoolery]

Time for a best of the best high income fund video ❤

[jaypaladin-havesmartswilll]

YieldMax fund managers or their team will answer questions via email about their strategy. The question about buying 100% delta is a very good one and I am sure Jay's team will provide the answer to the Average Joe's question.

[m.t.valenciatrading]

Lower-struck options (those with lower strike prices) generally have a lower notional value, meaning the total value of the underlying asset if the option were exercised is lower. This can translate to lower capital requirements for YieldMax, as the margin or collateral needed to hold the position is tied to the notional value

[timefortinybirdandfriends]

Sometimes I think the YM fund managers are just playing "pin the tail on the donkey".

[chapp]

I love your videos joe. But this one was a bit disappointing. Seems you didn't do your homework on these. Basically described these funds just like Roundhill funds and while they are extremely similar, you left out a big factor that differentiates YM from RH.

YM has the ability to close their short calls early while RH holds their calls until EOD.
Typically YM closes their calls at around 50% profit then sell another call further out of the money. This allows them to unlock more upside. Typically I see them roll slightly higher than RH strikes. Doing this typically has them almost doubling RH premiums for the week.

Again I love your videos! But please do better on the fund reviews
Thanks for what you do!

[CRBarchager]

Awesome video. Only bad part is that these ETF along since any US/Canada ETF are blocked for alot of potential shareholders in Europe now due to two EU directives MiFID II (Markets in Financial Instruments Directive) og PRIIPs (Packaged Retail Investment and Insurance Products), so I have to find new ways or "backdoors" to buy these stocks now.

[gezin]

I only hold LFGY. I believe it's a long term hodl. I think it's the only one worth holding.

[darins]

Joe have you Checked out the KURV funds can you do a video on those?

[ThatGuySyndrome]

These funds take sometimes over a year to get regulation approval. Pick your 0dte flavor for a ETF at this point. Some in the money, some out of the money, some synthetic, some not. All generally going to perform the same. Capital efficiency is irrelevent to these funds as its most likely based on the collateral they can get from the bonds they hold. They might of got a good flex deal price on that deep in the money strike too.

[lslurpeek]

How far out of the money are the short calls?

[tomsettles]

I appreciate all the videos recently comparing these high-yield income ETFs. After watching the last 4 videos, the ONLY etf I would consider investing in is PBP. The rest of these etfs trail the SP500 so badly that its almost laughable.

[fleipeg]

Not sure about ETFs that distribute weekly dividends. They haven't done well. I plan on watching from the sideline for now.

[kimbiwasmith]

They may be that deep ITM because of some SEC or exchange requirements. Just speculating.

[maneugeni]

What is their yield based on the inception date if extended through the whole year?

[maxreynoso]

So what are we doing with the YMAX? It’s been down big time. Are you still buying for your experiment or do we just ship into these new ETF’s?

[vincedavid]

Auch ETFs exist with ither Financial institutions. I wish they would launch other new ETFs with new strategies with lowe correlation with the broad market. For example, an ETF for dividend capture with options for risk mitigation and/or enhancing returns

[josenievesrodriguez]

Maybe, maybe not. To be fair jay also work with defiance which have the same kind of etf vehicle

[cliff_see]

Not thrilled about any YM funds anymore... they ALL go down over time. Start out great, get your money invested, then lose NAV.
I say buy into these a YEAR from now, when they hit rick bottom 😅