options overlay targets double SCHD distribution
YieldMax's new DDDD ETF overlays an actively managed options strategy (credit spreads, collars, cash-secured puts) on SCHD and SCHD constituents to target roughly double SCHD's distribution (~6%) while preserving most of SCHD's capital appreciation.
YieldMax's DDDD actively overlays credit spreads, collars, and cash-secured puts on SCHD and its constituents to target roughly 6% distribution yield. The strategy aims to preserve most of SCHD's capital appreciation while doubling income output.
Target $6.003mo
"Love SCHD? Double Your Yield to 6% | YieldMax DDDD ETF (NO NAV Erosion)"