#covered-call-etf

#covered-call-etf

You'll hear that there's genuinely no "recession-proof" asset that benefits from a broad-based downturn. Sure, you can always go short on an asset, but you'll lose out in the long run as the asset inevitably recovers. However, this is not true that there aren't assets that benefit from a recession. TLTW is one example, and I will explain why. It might be the best one in the current environment, as it comes with a 14.87% yield and a monthly distribution.

Few Exchange Traded Funds have generated as much controversy in recent memory as the YieldMax Ultra Option Income Strategy ETF (NYSEARCA: ULTY). It has captivated the enthusiasm of many dividend seeking investors with its high weekly dividends, despite a fairly high risk of capital erosion. Launching in February 2024 at $20, ULTY has paid 126% in cumulative distributions and is presently at 86-88%.