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5 days agoBOXX ETF Brings 4% Institutional Income To Retail Investors
BOXX offers a 4.1% annualized yield via exchange-cleared S&P 500 box spreads, providing a cash-management alternative to ultrashort Treasuries.
While past performance doesn't guarantee future results, it's helpful to look back and see how much the YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) rewarded its investors during the past year. As we'll find out, the cash payouts really added up. The distributions weren't the only factor affecting the bottom line for ULTY's shareholders, however. We can certainly say that the YieldMax Ultra Option Income Strategy ETF's gigantic yield is "real," but there's another side to the story that might dissuade risk-averse investors.