Jul. 28 at 2:21 AM
$TSYY Interesting how the ROC has dropped down from 100% twice to 99.5%,then 70% and now under 8%. That means their more recent trades are doing very well.
Some posters think it is great there are no taxes on ROC but the reason is they are just giving your money back to you with no profit.
Less than 50 % ROC is better and means half of the money in the weekly dividend comes from the profits of the trade setup that week. Otherwise, it is like lending someone
$10K, they invest it and make a profit and then give it back to you.
This is my concern with
$ULTY, that they are consistently 100 % ROC in their weekly dividends. This means they're making nothing on their trades but constantly selling shares to keep the money coming into the fund and collecting their 1.4% fee.
Something to consider with all the recent euphoria in a formerly sleepy ETF.