Should I Buy This COVERED CALL Dividend Stock ETF?

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glad you still upload bro. You the goat

DIVO, SCHD, JEPI, JEPQ & QQQM create my core. (A bit of overlap, I get it). Covers Bull, Bear and stagnant markets. Everything else in my portfolio is just my extra plays.

A covered call etf that also has growth! Sounds good!!

Jepq seems to be doing pretty good so far. 12 percent yield monthly.

DIVO IS THE WAY TO GO......THANKS!

I’ve got a couple good ETFs in my portfolio and I’m up 47%. I’m also well positioned with good blue chip companies and A.I stocks. I will buy $200K worth of Plantir soon. Some experts say it's the next Nvidia. Hoping to retire comfortably in 5 years with at least $ 2m.

2-3% of the DIVO yield is from actual dividends. The other 2-3% is from options income. You could have increasing dividends but falling options premium in a bull market. That can make your "dividend" (distribution) growth rate look flat or even fall. I think the distributions will increase slightly long term, but I would look at it as more of a growth position with enhanced income and lower volatility. It has out performed SCHD over the past few years and has a higher current yield. Personally I own both so it isn't a knock on SCHD.

i've been in divo for like 4 years. ppl always trash this etf (cause the expense ratio is a little high), but its been a solid performer throughout the recession and downtrends.

Divo is 1st class! Love it

The options premium is affected by a lot of different factors including volatility like you said but in general it should go up over time as the fund's nav goes up. In the case of DIVO, calls are written out of the money so there is potential for modest capital appreciation. If the underlying stock is performing well and calls are written out of the money then you should see a growing nav even with covered call funds that classify a portion of their distributions as return of capital (which is very much so tax advantageous). CC funds get a bad name because many of them are overly aggressive with their options layer or they pay out big distributions that aren't fully supported by their CC income which can be destructive to nav but the right CC fund can be a great way to add tech exposure while providing a good blend of yield and capital appreciation for a nice healthy total return over time.

I've held DIVO for years and I exchanged it for QYLG and XYLG which is so similar to your former holding in XYLD but the global x YLG funds always hold 50% of the underlying index for appreciation and 50% as at the money covered calls I love my experience holding qylg and xylg. QYLG in particular did well in distribution and capital appreciation

I love that you're covering more ETF insights! I think you may like FTHI and KNG. Share price is not eroding and their dividends have been stable or growing.

I like DIVO a lot. Also have IDVO for International exposure and has a higher yield(and expense ratio). Thanks for the vid!

I personally wouldn’t go into divo due to the expense ratio. That will really eat into your dividend returns over time.

I love divo. I've got about 300 shares

Divo is Great! On YouTube, toby Mathis interviews Kevin Simpson the person with Capital Wealth Preservation (CWP). Really opened my eyes to this etf. Great interview and great video here.

Thank you for your insight on this one Ian. Always appreciate your input

Love your channel Ian - long term dividend investing is so legit!

I have some DIVO, the chart looks good over the long term.