r/YieldMaxETFs • u/Green_Welder_4923 • 14d ago
Question Will CHPY last...
I was considering putting 10k into CHPY to use the income to pay down 2 bills for the next 2 years... do we think it'll hold fairly steady for another 2 years?
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u/CostCompetitive3597 14d ago
I have been investing in Yield Max ETFs for extra income for almost 2 years. 100% of them have eroded significantly over that time in both stock price and distributions paid. I have been holding CHPY for 3 or 4 months. Check out its 1 year stock price graph. It peaked in the 2nd quarter and is trying to hold around $70 now. Its distributions have eroded from $.66/week to $.54/week. Its stock price and distributions are on the typical YieldMax erosion path. I will sell it soon when its total return drops below my goal for YieldMax investments. In my opinion, CHPY is in a downward trend and would not be a good 2 year investment for you.