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Forbes
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Why We're Avoiding This 89% Dividend ETF

1. ULTY offers an 89% yield but carries significant risks. 2. The fund's price has dropped 71% since its launch. 3. ULTY has a high turnover rate of 717% in eight months. 4. The transition to weekly payouts adds costs and complexity. 5. Investors may benefit more from safer dividend options.

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FAQ

Why Bearish?

The substantial price drop (71%) and volatility despite high yield suggest deep-rooted issues.

How important is it?

Higher yield attracts investors, but risks and high turnover suggest caution and potential capital loss.

Why Short Term?

Concerns over ULTY’s performance persist; volatility could affect attractiveness immediately.

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