This 40%-Yielding ETF Just Got 20% Cheaper -- Are You Missing Out?
This ETF aims to capitalize on volatility in semiconductor stocks.
Overview
There are high-yielding ETFs, and then there is the YieldMax Semiconductor Portfolio Options Income ETF (NYSEMKT: CHPY). The fund currently offers a jaw-dropping 40% yield based on its latest weekly distribution payment and current share price, which has tumbled nearly 20% from its recent peak.
Here's a look at whether you'd be missing out by not scooping up this ultra-high-yielding ETF while it's cheaper.
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.