Well, another month is in the books and unfortunately the income didn't turn out as well as I hoped
However, my portfolio balance on the other hand. What's up you guys, welcome back to the Average Joe Investor channel
Time for an update on my Yield Max Test portfolio that I launched back in October of 2024
with the express goal of being able to create at least $184.29 every single month
from $3,000 in capital invested into a mix of YieldMax ETFs. Goal of the portfolio is to actually pay for the monthly solar loan obligation I have
And these videos don't need to be long and drawn out because it's just an update video. So let's dive in
All right, we're looking at the YieldMax debt payment strategy spreadsheet that I keep track
of to track how this portfolio strategy has gone. And so like I mentioned, $3,000 in capital was originally invested and the monthly expense
we're shooting for is $184.29. A little bit lower here, you can see the breakdown of ETFs that I hold in the portfolio
The goal was to split this capital about as evenly as possible between these seven different ETFs
AMDY CONY MRNY Misty NVDY Tesli ULTY And if you look at the cost base you notice that there were a few ETFs here that I actually have a little bit more money invested
And that's because there were certain earlier months, which we'll briefly talk about here at the beginning
that I actually received more in distributions than I needed. So I used that extra capital to invest more
into those specific ETFs. And while it's clearly obvious from this portfolio
that all seven of them have capital losses here when you factor the price per share at which I bought in
versus the price per share that it is currently, when you factor in the total distributions or all
of the dividend or distribution income along the way, only two of them are not profitable from a
total returns perspective. AMDY is down 6% when you factor in total distributions
and MRNY is down 39% when you factor in distributions. Everything else is actually
profitable. Some of them wildly profitable, including Kony up 52% from a total return
perspective and MSTY up 74%. Let's take a look at the monthly distributions and you can see the trend here and we'll look
at a graph in a second. First we'll start with October 2024, the first month
I was actually up $53.38 or I received $53 more than I needed for that specific month
The next month I was up Then the next month I was up and at this point you might be thinking well this guy got it in the bag There no issues here This is a really great strategy
And January, I just barely hit my goal, $5.56 over what I needed. And then February I fell short
February I was short $17. Then March I was short $58. Then April I was short $82
Then if you go down to May, I was actually up $9
And then June 2025, the most recent month, I was down or under my goal by $73
The reality is with the way that these FieldMax ETFs are structured, most if not all of the income that you receive on a monthly basis
is going to be based on what's happening in the options market. Is there volatility there? If there is extreme volatility, if the VIX is high
you're going to see lots of option income. If not, you're not going to see that
You can see here in this graph what we're looking at in green is our monthly income
and it's tied to this axis right here. You can see, and then the red line here is what we need every single month in order to meet our goal
So you can see the first four months, everything's great. And then we fall short, and it gets worse and worse to where we think it's never going to end
And then it pops back up, mostly because there were certain distributions paid in this month
as opposed to a different month. And we back down to this level right here And you can see an interesting correlation here between the portfolio balance and the income Portfolio balance is here in pink And we see is as portfolio balance is dropping so is our income And we also had a pop in the balance here and a drop in the
income right here. Going over to the main dashboard, what we can see is the total return, which is
actually kind of surprising because you might be thinking up to this point, well, clearly things
aren't going well, not generating the income you need. What about the total returns? Is this an
actually profitable strategy? Well, let's find out. Ironically here, it is profitable and not even
close. When you fact, again, when we're talking about total returns, we're talking about the total
portfolio balance change compared to what we initially invested and adding in any distributions
or dividend income. So when we look here, we see total returns is the portfolio value right here
1977, which is significantly lower than our 3000 we started with. But we also had total dividend
income here of $1638.92 or I guess distribution income. You add this number to this number right here
If you add these together, the portfolio value in the total distributions is $3616.42
We subtract out the original $3000, so it's a total plus $616.42 equals a total return
of 20.55% positive. So it doesn't look great. And secondly, I'm not creating the income that I wanted to create
So from that perspective, I'm not as happy