HCOW, YYY, BLOK: What To Know About High-Income ETFs

With 5%+ yields in money market funds, many traditional dividend and income ETFs have lost their yield advantage to a risk-free market segment, notes Christian Magoon. He discusses investing strategies in a high-rate environment. He talks about the HCOW ETF which combines high free cash flow stocks with an option income component to produce an ETF yield of 8.5%; the remaining 10% implements a call income strategy on the S&P 500 to produce additional income. He also looks at YYY ETF. It tracks an index of 45 income-focused closed-end-funds and yields just over 12%. He goes over what to know about high income ETFs. He then outlines the BLOK ETF which is the largest and oldest Blockchain and crypto focused ETF. Tune in to find out more about the stock market today.