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13.09.2024 11:45:00

If Wall Street's Love Affair With Nvidia Ends, This ETF Could Be Toast

When the first thing that an exchange-traded fund (ETF) places on its website is a list of warnings, well, you should probably pay attention. And a list of warnings is exactly what you'll find at the top left of the Yieldmax NVDA Option Income Strategy ETF (NYSEMKT: NVDY) product-information page. Unfortunately, what appears to the right side will likely get much more attention -- a distribution yield of 77%! That's not a typo. There's a lot to think about, however, before you buy this ETF.When dealing with risky investments, the Securities and Exchange Commission (SEC) usually makes a product sponsor spell out the risks so investors can clearly understand what they are getting into. Normally, however, those risks aren't placed front and center, and often get buried in a prospectus. The Yieldmax NVDA ETF has taken a radically different approach. Right at the top of its production-information website, it explains:The Fund does not invest directly in NVDA.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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:be AG Inhaber-Akt 0,49 16,11% :be AG Inhaber-Akt
NVIDIA Corp. 100,80 -0,12% NVIDIA Corp.
Toast 31,02 -0,42% Toast