High Yield Income ETFs for Nasdaq 100!

Published: Aug 29, 2024 Duration: 00:15:17 Category: Entertainment

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hey what's up guys thank you for tuning in in today's video we'll be talking about my portfolio then we'll have a look at the best performing ETF for Nasdaq 100 and then uh we will also look at the total premium that I've been able to generate from selling cash seced BS and covered call on my portfolio but that'll be the last thing that we discuss so uh before so without wasting any for so without so let's jump right into the video so here's a look at my current portfolio uh it is up the last day of the week uh we have a shorter week next week uh but today it is up .3% I'm up $460 and currently I have done just one covered call for S soxl at $35 strike price which is in the money right now as SXL pric is 3776 which you can see here uh the rest of my money uh 40,000 close to $41,000 is here in Lululemon and C good but that I sold at 205 I collected some $40 or so and then the buying power is at uh [Music] $3,300 uh the best thing that you see here that I love about my portfol years I've been able to maintain my QQQ shares over 104 shares and then for a CHD I have 515 shares and for spy I've been able to um collect or accumulate 21 shares so the cash SEC put and the covered call Premium that I collect I invest right back in this uh to know buy more shares of s Spy the goal here is to get 200 shares is at so I don't want to buy at the current price so that's why I'm dollar cost averaging buy every single day there'll be bit of it so now let's jump uh to the meat of this video so I what I did is I looked up uh the best performing ETF or uh what people have been uh talking high of um are these index based ETF some are covered call on the index ETF and some are uh weekly paying ETFs uh so this is a blend of a few few of these ETFs that you see so we have IQ QQ QQQ I from NEOS to our Invesco ETF that is based on the index and then defines as its own covered call option PF on NDA 100 and then the roundhill the infamous roundhill which is gaining a lot of traction and is up $40 million in just last 5 days in the asset under management AUM otherwise one more that I added initially but had to take it out uh is Q which I'll put back in again uh just to show you guys um and uh the platform that I'm using is Seeking Alpha uh I have a Affiliated Link in the subcription so if you sign up for that you get $25 off from your premium yearly membership plus you get to have 7 Days of pro account for free as a trial uh so anyway if you look here uh all these six ETFs uh most of them pay dividends uh weekly or monthly in case of QQQ it is quarterly and it is there just so that I can show you guys the index itself uh and how it has performed over the past uh four or five months uh which we can compare here uh So based on the price return just at looking at the price uh the top performing index ETF is again QQQ it is based on the mdaq 100 index uh so that's why like of course it it is supposed to perform better in price return uh but all other if you PC a themr are all options ETF meaning they play some sort of options play on or they have a they have uh you know treasury bonds or some other sort of income that they they are generating so they are all pretty much um the income oriented ETFs uh so uh we have uh the most data the DEQ and qpq and Stu has been around more than almost 3 years and this year by the end of this year it'll be 3 years uh for QQ it's it's been around for for decades now uh so what I did here is I selected the time frame uh since all of these ETFs were Ava available so that we can have uh Apples to Apples comparison and not just go with the dates that and that uh they were all individually started uh so March 20th was the first day when all of these ETFs started combined like we can track the data since March 20th 2024 uh so in price return number one as I said is QQQ with over 6% return and the second best is iqq with 1.29% return and then Jeff q and QQQ I are third and fourth respect effectively D qdt is at fifth with 9.35 uh return on your investment so if you invested $100 it but the price return says that you'll be at 90 uh $91 645 so that's the uh really bad return if you look at just the price return and then uh is also SL down over 20% QQQ y by by the way is the defines NASDAQ 100 enhanced option income ETF this is very aggressive in generating cash flow which we will see in our uh Total return so when you look at the total return it's a complete different picture uh all of them are are in positive so if you reinvested the dividends starting March uh you would have been in posit if now with all of these so that's a that's a good thing uh and the growth that we see with uh the index QQQ investable top 100 ETF uh shares so then the top performing ETF with dividends reinvested here is qte and it's almost 1% above the second best which is QQQ so the index ETF that qdd is based off off is is lagging behind qdp and then in third place we have QQQ I and then iqq and Y and then last is jeq so I started investing in jeq last year in my Roth High AR so that I can accumulate taxfree money faster but it seems like there are other opportunities that are well suited here cuz at the at one point if you look here here um our the NASDAQ index ETF was up 13.52 and qte was 10.19 then pdte at the end of this uh month August uh we are seeing qdt in the lead and almost 1% Gap it has uh gained compared to others and between qdt and jeq Total return there's a four almost 4% difference uh uh in the in favor for qdp so that's that's that's that's speaks volume and then if you come here and just to see how much dividends each company is paying udte uh dividend percentage is right in the middle between the 70 and. 57 right it's it's a it's about 18% but this again this 18% that you see here is not actually just 18% because this is the the total return since March so that's that's a good thing uh that if you reinvest the dividends over longer period of time with qdt which is weekly dividend paying EKF uh you can accumulate your money really fast uh and again most of the data uh for dividend growth or 3 or 5 years is missing because these are not going to pay you growing uh dividends they are Income oriented ETF and they they are based on selling covered calls or a blend of other strategies option strategies that you can think of um that's so that that's tell that tells you a big picture uh qqi is returns are good too uh but uh IQ was uh close second in in the price return with QQQ which which only has a dividend yield of 3.29 and then the 4year yield is 1.5% so it pretty much cannot you know it's it's a blend of both uh QQQ and the high paying dividend ETFs but I would I would say like you have to decide if you want to see growth then just invest in Q you don't have to go with I but if you really want to see dividends accumulating and you know snowballing your uh your investment that then probably QD is not a bad option and then uh again uh one month price performance uh you see two negative per price performance QQ why because this is uh this is of course paying paying 70% uh off of the uh the investment that it generates uh from defines and then that's why like uh the dividend yield here you see is 70% so it has a lot of draw down when it comes to nav erosion uh so that takes the the overall value of the ETF down uh but qdd is also down close to 2.5% uh but rest of the other uh ETFs are are holding the position quite well uh over 1 month and some over 3 months as well Al so last thing that I want to uh share with you guys is the liquidity cuz that's important how much uh investors are interested and how much they have confident in in any specific F although you see a small number here uh with respect to Performance qte but this is the fastest growing after of course qtq this is the fastest growing ETF and uh it has gained a lot of traction recently and it has been able to dominate over iqq or I uh even even I is not uh far shot from here for QD so roundhill is doing great job with their ETF and they have come up with other ETFs individual ETFs as well uh but here's a picture if uh you are really interested in the total return to be accumulated over time with your Investments and dividend reinvestments plant or dripped uh then qdt or qqi uh would be the second best option along with QQ which is the NASDAQ ETF uh so that's about it on the comparison side now let's jump right into the total accumulation uh of uh cash secured BS and covered call so uh this week I was able to sell uh a lot of CAS GE puts and covered calls and being able to you know reinvest these cash that I collected from all these contracts if you see here starting starting 26th I sold uh two contract for Nvidia stock uh Cass get put at 103 because Nvidia was reporting on Wednesday on 28th August 28th uh and then I sold uh my almost daily uh covered call on QQQ uh just make a three4 doll here and there for QQ and buy more shares of QQ and then I also sold two more contracts on Nvidia for the same strike price on 28th and made little more money 72 cents per share here for two contracts uh so a total of $151.1 uh and then roll the forward call option for S soxl uh and made almost $90 there and then um I bought back the Nvidia option because it was only $2 uh75 um to buy back these four contracts uh so I invested or costed me $112 to uh get all those contracts I think there were four contracts so not one uh but four contracts and then lastly I sold the cash secure for two contracts of those uh on Lululemon and I was able to generate $42 here so this is the grand total for the month I was able to generate close to $1,800 in the month of August I will create another sheet for the month of September moving forward and I'll will keep track of how much money that I've been able to generate so that is it thank you guys for watching I hope you guys will like this video if you haven't already subscribed make sure to do so and I'll see you guys in my next video till then take care of yourself and people around you goodbye [Music]

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