ULTY: Loses Out To The Steady JEPI Despite 100% Trailing Yield

Impact · against what's priced in

ULTY is experiencing severe principal erosion, with an 84% decline in NAV since inception that likely offsets the attraction of its 60% headline yield. The fund's strategy of selling options on volatile equities is failing to preserve capital, signaling a high risk of further decay.

ULTY−0.70

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In context

The fund's 84% drop in NAV since inception indicates a failure to protect principal, overshadowing the high 60% weekly distribution yield.

Read from the article alone

• etf
• ULTY
• covered calls
• high yield
• income investing
• nav erosion
• options strategy
• volatility

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