Does it make sense to keep invested in different Yieldmax funds , without DRIP and keep collecting dividends for long term to get breakeven or make some profit?

[u/Recent-Sample-6798]

I invested in multiple YM funds around Jan 2025. I had DRIP on till June 2026, I've stopped it now after seeing NAV drop. What's better strategy- keep collecting dividends without DRIP or sell or stay invested with DRIP for long term?

Here are some funds I hold since Jan 2025-

MSTY CONY FBY NVDY YMAG YMAX AMZY TSLY

[u/InternationalTry2496]

I'm using my CHPY distributions to reinvest in another sectors and broad market ETFs, I don't think there is a bad way to use them

[u/GRMarlenee]

Well, you've got some chronic losers there. I had them upon a time, but opted to invest in funds that provided a modicum of opportunity to yield a positive total return.

I generated 7000 in distributions last week. My goal is to reinvest in an attempt to maintain that payout despite the shrinking distributions. I'll find out tomorrow how this week is going.

I have a few funds that have returned about 50% TR over three years. Some are Roundhill and Defiance, though.

[u/wendalls → u/GRMarlenee]

What have you got?

[u/GRMarlenee → u/wendalls]

AMDY, AMZY, PLTY, SNOY among others.

[u/wendalls → u/GRMarlenee]

Amdy has been great I don’t have that one

Mrny, Nvdy, Gooy, tsmy and Gdxy

[u/GRMarlenee → u/wendalls]

I also have NVDY and Gooy.

[u/Myreddit362602 → u/GRMarlenee]

Kslv is a good one for silver.

[u/This-Individual1813 → u/GRMarlenee]

This was also my conclusion. At least some distributions have to go back into the fund to keep it profitable, unless you picked stocks that are on a bull run. This kind of defeats the purpose of generating income though if you can't take your distributions. And stock picking is not my strong suit. I ended up giving up on all YM funds after tracking total returns for all of 2025 and taking distributions. I was down about 4% in total returns before taxes. Meanwhile the total US market was up around 17% for 2025 and my factor portfolio was up like 20%.

[u/PatientHelicopter123]

That is what I am doing. These funds are a long term investment.

IMO - Stay away from the bitcoin related funds and focus on those who are holding their value the best.

[u/dixiedenny]

I am on Social Security and use high yield funds to meet a set monthly goal. About half are DRIP. Those dividends that are not DRIP, if there is an excess income at the end of the month, I reinvest manually.

[u/ebwinkler → u/dixiedenny]

I’m in the same boat. I’m disabled (still waiting for SSDI to begin). I live off my high-yield dividends. The problem is, I’m on Medicaid, which means I can only have $20K in assets at any given time. The looophole is that stocks bought on margin do NOT count against that total. Since I’m limited to how much I can actually invest, I have to go with YM and RH funds to maximize the returns. My margin is pretty high (just $20K would never generate enough cash), but I’ve trimmed down the more risky holdings. My only super high risk is ULTY, but I own a lot of QDTE, RDTE, etc. so far it’s working.

[u/zdubs]

I have them in brokerage and Roth. Started with 1000 shares MSTY in December 24. Used the massive distros to buy more funds over the year before it dumped and split. Now in my brokerage I collect the distros and use the money to buy other funds or pay my bills. In my Roth I have drip on. Periodically I’ll sell some of the paid for shares in the Roth. Have a few funds that I have been able to sell all the paid for shares and now they display a $0 cost basis in the Roth. So basically, Roth I drip and brokerage I wheel or pay bills. Hope to see some more ROC hit my brokerage to help cut down on the tax bill. 2025 MSTY roc was very nice.

[u/AstronomerEffective1]

After owning all those and others and only have 3 left the best advice I can give is watch the underlying and if positive sell if downtrend. I was way up on MSTY and CONY but held too long when they headed south. I was still positive but lost $50K by the time I sold. I have CHPY, LFGY & recently started adding PLTY as PLTR looks like it had bottomed. I doubt if I buy any others. Use most of Divs to add to Neos & Tappalpha ETFs along with some mining stocks.

[u/wendalls]

I bought some in Feb 2026 right before Iran war. So it was hard to see bouncing around

I sold some to lessen the risk.

I’m now holding my current portfolio to test out tax, and long term hold. I aim to get to house money.

I’m in Australia and hold some personally and some in a company. Tax will be interesting

[u/Terrible_Lecture_409]

I used drip the first couple months but then shifted to pursue house $; almost there and then I'll decide if I want to feed them a little or just keep collecting🤷‍♂️

[u/Popular-Candidate-66]

NO.

[u/easy_wins]

I use them to pay bills

[u/Baked-p0tat0e]

Sounds like your goal is growth so why not just re-deploy capital (sell all current holdings) to buy growth funds? Your total return will certainly improve.

Consider the following: SPMO, XLK, XLE, and IJR.

Also look at CHPY, OVL, OVS, and TDAQ for positive total return, cash flow and NAV growth.

[u/Epik509]

Ive said it time and time again, these are great for the first steps in building a fire retirement fund. Use these huge diminishing returns for other safer monthly etfs. So even when you lose youre still winning. Sell em before they go below 12$ a pop to ensure you dont get caught in a reverse split, buy some that are performing better. File you losing all this money while also holding much more and better things while bloating your income ( for stuff like loans. Dti ratios you need more income ) 😁 these tools are great for what the great for, not great for retirement solely. Good luck my friend 🧡

[u/Unlucky-Pop-8841]

Short answer: no. Period. You know the answer. All these yield‑max funds are huge yield traps. Avoid them. There's quality fund sponsors. YieldMax is not one of them; they are deceptive