ULTY ETF Offers High Yield But Delivers Negative Total Return
The YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) advertises an annualized yield of nearly 62%, but investors have experienced a -4.8% total return over the past year, significantly underperforming the S&P 500's 22%. The fund generates income through options strategies on volatile tech stocks.
Tickers: $ULTY
Topics: dividend yield ETF investor education options strategy total return