High-Yield Investing

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The Easy Way to Invest in Closed-End Funds

The universe of closed-end funds (CEFs) attracts investors because of the high yields many pay. My subscribers know I have serious reservations about investing in CEFs.     I’ve been known to call the CEF world the “junkyard of Wall Street.”  Closed-end fund sponsors do not redeem shares from investors; rather, once shares are issued, they trade only […]

The Best New QQQ ETF for Income

The Best New QQQ ETF for Income

The Invesco QQQ Trust ETF (QQQ) is very popular for use as the underlying asset for covered call strategy ETFs. My ETF database currently includes 19 funds that use QQQ or a QQQ derivative as their underlying asset. QQQ is the index ETF for the Nasdaq 100 ETF. The index is market-cap weighted and includes […]

The Energy Selloff Makes No Sense

The Energy Selloff Makes No Sense

Energy stocks posted strong share price gains as crude oil soared after the closure of the Strait of Hormuz. From late February to early April, crude oil futures went from $65 per barrel to a peak of $115 per barrel. Since mid-May, oil has fallen from $108 to a current $73 per barrel. Energy stocks […]

SpaceX Investors Have a New Option

SpaceX Investors Have a New Option

On June 12, the Space Exploration Technologies Corp, a/k/a SpaceX (SPCX), launched the highest-market-value IPO in history, valuing the company at about $1.8 trillion. The current market value is $2.44 trillion. There is a great debate among investors over whether SPCX is overvalued ($155 per share as I write this), because it trades at many […]

Which Ultra-High-Yield ETF Delivered the Best Total Return?

Which Ultra-High-Yield ETF Delivered the Best Total Return?

When YieldMax launched the YieldMax Ultra Option Income Strategy ETF (ULTY) at the end of February 2024, investors got very excited about the 50%-plus (currently 60.16%) distribution yield. Over the last two years, realized total returns have disappointed. But now that there are a couple of newer competitors, let’s compare recent results. The investment thesis […]

Which Semiconductor ETF Delivers Better Returns?

Which Semiconductor ETF Delivers Better Returns?

The world of high-yield option strategy ETFs offers a tremendous range of differentiated funds. One facet I like to compare is finding funds with the same or similar underlying assets, but wildly different distribution yields. YieldMax has several pairs of ETFs with the same portfolio holdings but different options strategies that focus more on distribution […]

Are These Global X ETFs Better Than QYLD?

Are These Global X ETFs Better Than QYLD?

Global X ETFs are among the old guard when it comes to option-strategy ETFs. Their SPY and QQQ option-strategy ETFs, the Global X S&P 500 Covered Call ETF (XYLD) and Global X NASDAQ 100 Covered Call ETF (QYLD), both launched in 2013.     Over the last three years, a number of new ETFs employing covered calls […]

New Gold and Silver ETFs Offer Massive Income

New Gold and Silver ETFs Offer Massive Income

After tremendous price gains in 2025, gold and silver prices have so far in 2026 moved sideways, with continued significant volatility. This chart shows the year-to-date value changes for the iShares Silver Trust (SLV) and the SPDR Gold Shares (GLD). This type of sideways price action makes option strategy ETFs attractive. Investors earn attractive distribution […]