YieldMax High Dividends
Here are the first four YieldMax ETFs that launched in November. Included are the underlying stocks or ETFs and the current yields reported on the company’s website:
YieldMax ARKK Option Income Strategy ETF (OARK) applies the strategy to the Ark Innovation ETF (ETF). OARK yields 57.4%.
YieldMax AAPL Option Income Strategy ETF (APLY) “covers” Apple, Inc. (AAPL). APLY yields 32.94%.
YieldMax NVDA Option Income Strategy ETF (NVDY) applies the strategy to NVIDIA Corporation (NVDA). NVDY yields 41.02%.
YieldMax TSLA Option Income Strategy ETF (TSLY) is the covered call ETF for Tesla, Inc. (TSLA). TSLY yields 69.36%.
These are eye-popping yields. Dividends and yields will vary, and the high yields come from the high volatility of the underlying stocks.
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