GOOY aims to provide income by synthetically replicating a long Alphabet position using options, but its structure leads to NAV erosion over time. The fund's advertised high distribution yield is misleading, as it is not sustainable and comes at the cost of significant capital loss. Total return analysis shows GOOY has underperformed GOOG stock dramatically since its inception, failing to mirror Alphabet's strong gains.
Key Points in This Article: YieldMax GOOGL Option Income Strategy ETF‘s (GOOY) 35% yield, driven by selling call options on Alphabet, attracts income-focused investors leveraging tech volatility in June 2025's uncertain market.
YieldMax GOOGL Option Income Strategy ETF stock does not do its job, but that's an inherent weakness of the YieldMax ETF approach. The underlying stock needs to do well for the ETF to perform. Alphabet Inc./Google's primary revenue driver, search advertising, remains robust with double-digit growth in 2024, despite market concerns about long-term sustainability. Google is diversified with exposure to Cloud, Waymo, and YouTube, providing stability and growth potential beyond search advertising.
![]() GOOY In 2 weeks Estimated | Monthly | $0.31 Per Share |
![]() GOOY 2 weeks ago Paid | Monthly | $0.31 Per Share |
![]() GOOY 1 month ago Paid | Monthly | $0.4 Per Share |
![]() GOOY 2 months ago Paid | Monthly | $0.34 Per Share |
![]() GOOY 3 months ago Paid | Monthly | $0.37 Per Share |
![]() GOOY 4 months ago Paid | Monthly | $0.33 Per Share |
![]() GOOY In 2 weeks Estimated | Monthly | $0.31 Per Share |
![]() GOOY 2 weeks ago Paid | Monthly | $0.31 Per Share |
![]() GOOY 1 month ago Paid | Monthly | $0.4 Per Share |
![]() GOOY 2 months ago Paid | Monthly | $0.34 Per Share |
![]() GOOY 3 months ago Paid | Monthly | $0.37 Per Share |
![]() GOOY 4 months ago Paid | Monthly | $0.33 Per Share |
ARCA Exchange | US Country |
The described fund is a non-diversified investment fund that commits to a specific investment strategy focusing on Alphabet Inc. (GOOGL), irrespective of varying market, economic, or other conditions. This fund does not adopt temporary defensive positions during periods perceived as adverse, indicating a strong, consistent investment stance toward its focus on GOOGL. The fund's approach and structure suggest it is designed for investors with a specific interest in GOOGL and those willing to accept the risks associated with non-diversification, which can lead to greater volatility and specific focus-related risks.
The primary offering of this fund is its unique investment strategy that centers exclusively around Alphabet Inc. (GOOGL), the parent company of Google. This strategy involves continuous investment in GOOGL without altering its investment focus due to adverse conditions. This product is designed for investors seeking targeted exposure to GOOGL's performance, leveraging the potential upsides of one of the leading companies in the technology sector.
As a non-diversified fund, this investment vehicle does not spread its investments across a wide array of securities but rather focuses on a limited number of investments to achieve its objectives. This structure can lead to higher volatility and risk, as the fund's performance is more tightly linked to the performance of its focused investments. However, for investors who are bullish about GOOGL and wish to concentrate their investment in this area, this structure offers a direct and concentrated investment strategy.