This ETF is still popular, despite having a devastating flaw
The ETF has not recovered after cratering in 2022, and yet investors still buy it
The culprit is a legacy architecture that newer ETFs avoid. Here's why you should stop buying this and buy the newer ones
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and GPIQ didn't make the cut. Grab the names FREE today.
High-yield ETFs are very popular during the AI market rally, as dividend investors feel they are missing out on all the action. Thus, they are buying ETFs like the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) to make up for the "lost" gains. They get not just the dividends but "exposure to the Nasdaq-100."
#etfs #gpiq
The ETF has not recovered after cratering in 2022, and yet investors still buy it
The culprit is a legacy architecture that newer ETFs avoid. Here's why you should stop buying this and buy the newer ones
Act now: the ******* yst who called NVIDIA in 2010 just named his top 10 AI stocks — and GPIQ didn't make the cut. Grab the names FREE today.
High-yield ETFs are very popular during the AI market rally, as dividend investors feel they are missing out on all the action. Thus, they are buying ETFs like the Global X NASDAQ 100 Covered Call ETF (NASDAQ:QYLD) to make up for the "lost" gains. They get not just the dividends but "exposure to the Nasdaq-100."
#etfs #gpiq
2 months ago
