This summary was created by AI, based on 1 opinions in the last 12 months.
The YieldMax AMZN Option Income Strategy ETF (AMZY-N) employs a derivatives strategy to enhance income through options, which has raised skepticism among experts. Critics argue that these strategies can often be gimmicky, introducing management fees that do not necessarily benefit the investors. One notable comparison highlighted is the performance divergence between other ETFs employing similar strategies and their underlying stocks. For instance, NVDY has notably underperformed NVDA by a significant margin of 50%, despite charging a 1% management expense ratio (MER). Experts recommend investors consider directly buying the underlying stocks instead of engaging in these options-based ETFs, as they may not yield significant benefits in terms of performance.
YieldMax AMZN Option Income Strategy ETF is a American stock, trading under the symbol AMZY-N on the NYSE Arca (AMZY). It is usually referred to as AMEX:AMZY or AMZY-N
In the last year, 1 stock analyst published opinions about AMZY-N. 0 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for YieldMax AMZN Option Income Strategy ETF.
YieldMax AMZN Option Income Strategy ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for YieldMax AMZN Option Income Strategy ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
In the last year, there was no coverage of YieldMax AMZN Option Income Strategy ETF published on Stockchase.
On 2025-02-04, YieldMax AMZN Option Income Strategy ETF (AMZY-N) stock closed at a price of $20.08.
An ETF that has derivatives around it to generate extra income. These are gimmicks. They found a way to charge a management fee for you to buy a stock, just by adding an options strategy. For example, NVDY has underperformed the stock NVDA by 50%, yet charges a 1% MER.
If you like the underlying stock, just buy that and forget about the yield.