Full transcript
0:00Hey guys, welcome to a new video. So, a
0:02pretty rough day in the market
0:04yesterday. All time
0:06just continues to get hammered. Down
0:08almost 4%. LFG Y down, space down, so SP
0:12C I down, blocks down. Potentially a
0:14good opportunity if we're looking to get
0:16on into blocks under $14 again.
0:19Um you've got dreamy and some of the
0:21other memory stocks down. Pretty much
0:23everything in the red. Anything doing
0:26well?
0:27There is one and it is hacky. It is a
0:30It's like the um hedge against tech and
0:33the whole market really at the moment.
0:34Hacky almost all time highs or not quite
0:37just off all time highs. But of course
0:39an incredible performance this year. The
0:41only issue with hacky is the low AUM,
0:43but it has been doing a lot better. I
0:45think it's doubled over the last three
0:47or four months. So, it's on the right
0:49trajectory and that's what we want to
0:50see. Look at the single stock ETFs, I am
0:53W down almost 12%.
0:56I am W such an interesting one. It's
0:57like so volatile that you can almost
1:00like
1:01trade it. Like you just as soon as it
1:03hits this kind of air support, probably
1:05a good
1:06uh
1:06opportunity, but very risky. Um look at
1:09that run though. Down from almost 100,
1:12back down to 43, 44 and that's the
1:14that's the pain that can
1:16that you can get into from these
1:18Roundhill weekly pay income ETFs that
1:20have the leverage, that extra 20%
1:22exposure. Meta down. Met W METW down 6
1:26and 1/2%. That's down big. AMDW down
1:29big. Hood pretty much everything down
1:32big big, sorry. Nvidia
1:35probably the only stock up big on the
1:37news that they are doing a stock
1:41buyback. Um so, that's obviously
1:44the market has responded pretty well to
1:46that news and so that's that's good if
1:48you're holding NVDW, NVIAI or NVIT then
1:52all good news. Metals getting crushed
1:54yesterday. Oh, these are some
1:57potentially good opportunities. I might
1:59actually have to run another Look at
2:00these.
2:01KMLD down here.
2:03Um I might have to do a uh opportunity
2:06score a run that tomorrow. I'll do that
2:09in tomorrow's video to see what these
2:11opportunities are because we are backing
2:13down to 34. We're in fear. And obviously
2:16a bit of a sell-off, especially in these
2:17metals. There seems to be some
2:18opportunity. Let me know if you're
2:20buying the metals. What I want to talk
2:22about today though
2:24is the MEMRI stock Dreamy, WCLD as
2:27you'll see there on the right, and
2:29what's the other one? DRMP. So obviously
2:31a bit of a bad day yesterday,
2:33potentially
2:34um an opportunity. Well, Dreamy is
2:37holding up pretty good. And actually um
2:40WCLD has been out a month now. So it's
2:42gone by really fast actually WCLD has
2:44been out. So we've got all three of
2:45them.
2:46And that's what I'm going to talk about
2:48today. We're going to talk about WCLD
2:50versus Dreamy versus DRMP 1 month later
2:53from WCLD's launch. How is it comparing
2:56against Dreamy, against DRMP? Okay, it's
2:58still early days, still new.
3:01But it's kind of good to get just a
3:03reflection of how
3:05um
3:06it's going in comparison to these other
3:08two. So
3:09of course this is not financial advice.
3:10This channel is purely based on my
3:12thoughts as I navigate my own personal
3:13investment journey. Please please please
3:15always do your own research. So
3:18let's get into it. So we've got these
3:21three, WCLD versus Dreamy versus DRMP.
3:23It's 1 month later. So obviously WCLD is
3:26YieldMax, Dreamy is XFUN, and DRMP is is
3:28Total Capital. So
3:31let's first look at the holdings and the
3:34different approaches. Now if you look at
3:35the holdings, um
3:37Dreamy uh and WCLD are looking pretty
3:40similar. Uh we don't have the
3:42percentages on here for some reason for
3:44XFUN. Um
3:47but yeah, WCLD and XFUN pretty similar.
3:50Even
3:51you know, DRMP. If we look at the
3:52strategies, direct equity holdings for
3:55WRAM, cool spread options strategy,
3:59um
3:59and then DREAMY is broader global
4:02exposure,
4:03uh options strategy synthetic and
4:05credit, and then DRMP is treasury
4:08collateral based options based exposure.
4:10So, WRAM direct equity focus, DREAMY
4:13slightly broader broader global
4:14exposure, and DRMP options based
4:16exposure. So, slightly different. Um
4:20and obviously you can see the holdings
4:22there, but how does this actually affect
4:25performance?
4:26Oh, no, we're not doing that yet.
4:28We're going into how much they're
4:29paying. How much are they paying? So,
4:31this is based on um cuz WRAM is still
4:34quite new. It's just over a month old.
4:37Um
4:37so, this is based on the distributions.
4:39It hasn't got a distribution rate on the
4:41website yet uh cuz of how new it is, but
4:44this is So, this figure here is based on
4:46the the distributions that have already
4:48been paid. So, the previous
4:49distributions
4:50and then I've just calculated it to give
4:52an annualized yield. So, WRAM at
4:54annualized yield based on the three or
4:57four distributions that it's paid out
4:59already is 39.8%.
5:01DREAMY 35% and DRMP 31%. So, I think
5:04that's they're all pretty much in that
5:06zone, 30 to 40%.
5:08And these of course are going to
5:09fluctuate unless DREAMY is one of those
5:11ones X ones they like to sometimes stick
5:14to a certain percentage, certain yield.
5:17Um so, it'll be interesting to see if
5:19that continues at 35% flat or if that
5:22fluctuates based on market performance
5:24and what's happening in the market with
5:26these memory stocks. But, yeah, I think
5:28I'll I'd prefer it to be lower around
5:3030%, um
5:32but 40% kind of like a chippy. This is
5:34kind of like where chippy sits. So, this
5:36is like the memory stocks of chippy, I
5:38guess. It is in their basket portfolio
5:41ETFs, which as you know from YMAX is my
5:44favorite uh YMAX strategy. Um so, WRAM
5:47currently has the highest indicator
5:49income rate, but it's based only on
5:50three distributions. So, and these are
5:53probably going to fluctuate. So, much
5:55for muchness in terms of how much
5:57they're paying,
5:58um, but nothing too big, which is good
6:00to see in my opinion cuz we want to be
6:02able to have some growth and capture
6:04some upside as well as get some income
6:06from these things. So, in terms of
6:09results from the last month because
6:12that's all we can compare them to cuz
6:13WAM's only been out a month. So, we're
6:15going to do the 26th of August to end of
6:18last week, basically, uh 26th of
6:21September.
6:22And as you'll see, price return, the
6:25winner is WAM. It's up 7.53%
6:29in price change alone. So, they're all
6:32positive in terms of price, which is
6:34interesting. So, no NAV erosion if you
6:37want to if you want to take the most
6:38simplistic approach or definition of NAV
6:40erosion of being positive in your share
6:42price since inception or since the month
6:45since WAM's inception. So, WAM up 7.53%
6:50in price return and share price, uh
6:52Dreamy up 6.5% and DRMP up 5.8%. But
6:56then we will look at total returns,
6:58WAM up 10%, Dreamy up 10.17, and DRMP up
7:048.46%. So, you can see straight off the
7:07bat that there's one that is not really
7:09keeping up, and that is DRMP from Total
7:12Capital. It's down quite a It's not down
7:14massively on price change, um, but it is
7:18the worst, and it's also the worst out
7:20of the three on total return. So,
7:23these two are very similar on total
7:25return, but WAM has a better uh price
7:29return. So,
7:31potentially less NAV erosion, but again,
7:33very early days for us to say. But it's
7:36good It's a good indicator of hopefully
7:38if they if they continue this
7:40performance,
7:41um, WAM or Dreamy would be the two to
7:45look into and maybe why RAM. If it
7:47continues this, then you'll probably be
7:49looking at why RAM as as one of the best
7:51because although total return Dreamy
7:52beats it in terms of total return,
7:55um
7:57uh it's very negligible. Like it's like
7:59point what's that 1.5% that it's beating
8:02it by, whereas this is
8:04a whole percentage point above in terms
8:06of share price. Now, it depends on what
8:07you're prioritizing. If you want you
8:10know, if you're simply prioritizing
8:11total return, Dreamy. Um and also, you
8:14know, these are probably going to change
8:16as well. So,
8:18I reckon these two holding up pretty
8:19well. Best price performance, why RAM.
8:21Best total return, Dreamy, but only
8:23just. Why RAM delivered the strongest
8:25price return and finished just 0.15%
8:28yeah
8:28>> [snorts]
8:29>> behind Dreamy in total return. So,
8:32um that's the
8:34performance
8:35so far of why RAM versus Dreamy versus
8:38the RMP. Now, I'd love to see a lot of
8:40people have been mentioning that they've
8:41been rotating out of the RMP and getting
8:43into Dreamy cuz they're not so um
8:46confident in the RMP's performance and
8:48it kind of shows these these this data
8:50and this performance shows that. Um I'd
8:52be interested if peop- interested to see
8:54if people are getting into why RAM as
8:56well. How many people are choosing why
8:57RAM over Dreamy? I know some people are
8:59still skeptical on some of the YieldMax
9:01ETFs. So, who's going for Dreamy? Who's
9:04going for why RAM? Are you staying out
9:06of memory stocks altogether or or memory
9:08ETFs altogether? Um I think it's like if
9:11these come down a bit more, then I was
9:14looking at getting into Dreamy, but now
9:16I'm also considering why RAM.
9:17Considering how well Chippy
9:20um GPTY, LFGY, those
9:24those basket portfolio income ETFs that
9:27YieldMax do around that 30-40%
9:29distribution annualized yield, they work
9:31really well. So,
9:33definitely these are the two I'll be
9:34keeping an eye on. And what And the RMP,
9:37it's kind of dropped the ball a little
9:39bit in terms of performance and it makes
9:41me a little bit
9:42skeptical in terms of their other income
9:44ETFs. They obviously liquidated some of
9:46the income ETFs. Um, can't remember what
9:48they were now, but SPCI was obviously
9:50one of their newer ones and that's one
9:52I've been buying into and it makes me
9:54reconsider if I should continue to be
9:56investing into SPCI if the performance
10:00of DRMP is not quite up to scratch, at
10:02least from this short-term comparison.
10:06Uh, compared to Dream and Wyre RAM. But
10:08let me know your thoughts on this. Um,
10:12I definitely think there's some still
10:13some opportunity in the memory stock
10:16space and I'm just weighing up and
10:18waiting for a slightly bigger pullback.
10:21Like we're still down here. DRMP's down
10:23here. Obviously it came came out as we
10:26went into Let's just do this a bit low,
10:29bit longer. It came out as we were going
10:31into that big big bull run for memories
10:33and then it kind of got hit hard.
10:35Whereas Dream obviously was much newer.
10:37It came kind of came out the bottom and
10:39it's done pretty well. Um, so I think
10:43Yeah, I'll I'll definitely be keeping an
10:46eye on both Dream and Wyre RAM for a
10:48potential opportunity down to these kind
10:50of levels.
10:52But yeah, interesting. But also some
10:55news. Okay, so I think some people have
10:57seen this, but
11:00YieldMax isn't
11:02um,
11:03you know, just leaving it there with
11:05their Wyre RAM ETF, but it's actually
11:08going for a single stock and that is on
11:10MU Micron. A view on their Micron MU um,
11:15income ETF. Where does the stock go
11:18next? MU MU. How are we going to say
11:20this? MU
11:22MU. MU adds another. Can its volatility
11:25be put to work in pursuit of income for
11:27YieldMax MU option income strategy ETF
11:30will use an actively managed option
11:32strategy to seek current income while
11:34providing indirect exposure to Micron
11:37share price the MOO story a different
11:39investment objective. Interesting cuz
11:41it's the only one
11:43you know, um X funds they don't really
11:45do the single stocks. I don't think
11:47there's any Micron
11:50uh income ETF single stock ETF out there
11:53unless I'm mistaken. Let me know if I'm
11:55mistaken but I I don't think I think
11:57maybe GraniteShares has one but not
12:00going to be touching that.
12:02Not going to get into GraniteShares. Um
12:04so potentially this is interesting and
12:06what's also interesting from YieldMax is
12:08they really have veered away from the
12:09covered call strategy and when you look
12:12at MOOI
12:14we're going to call it that. Um
12:17the MOOI option income strategy is an
12:20actively-managed ETF designed to
12:22generate weekly income by selling call
12:24spreads. So not you know, obviously not
12:26this the standard kind of covered call
12:28strategy which they were doing last year
12:30and
12:31which was you know, they were trying to
12:33just yield and as much as possible
12:35YieldMax trying to pay out as much as
12:38possible.
12:40Um you can probably hear my kids in the
12:41background. Income by selling call
12:43spreads on Micron Technology by writing
12:46call spreads MOOI seeks to
12:47systematically harvest options premiums
12:50from MOOI's volatility
12:52>> [snorts]
12:52>> striving to turn it into weekly income
12:55stream while still maintaining
12:57participation in MOOI share price
12:58appreciation. MOOI offers a compelling
13:01way to potentially collect income and
13:03stay long on Micron.
13:06So this is interesting.
13:08Um obviously they've got a new strategy
13:10which it seems all their single stocks
13:12are doing that at more actively managed,
13:15more selling uh call spreads on the
13:17actual underlying stock. Um
13:20and so this is good because there should
13:22be more upside participation which there
13:25should be more growth element.
13:27Hopefully, the distribution rate will be
13:29lower. I think that's a good thing. You
13:31know, the days of chasing yield
13:33hopefully are behind us.
13:34Um
13:35but it's interesting they're bringing
13:36this out quite
13:38shortly after they they launched WRAM. I
13:40would probably prefer to have slightly
13:42broader exposure. I actually hold Micron
13:44as a growth stock in my portfolio. It's
13:47done extremely well cuz I bought it
13:48around $100. It's now
13:50well, around bouncing around $1,000
13:52somewhere. But I think having WRAM with
13:55as a more portfolio basket broader
13:58exposure to the memory space is probably
14:00what I would be going for. But let me
14:02know your thoughts on MU if you are
14:05eyeing this up this is on your watch
14:07list. Um
14:09cuz there is still some potential space
14:12to run for Micron, I think.
14:14Um but the it is
14:16again, memory stocks are cyclical. When
14:18that cycle's going to end, no who knows.
14:21I think it will there's still a lot of
14:23demand so it'll probably keep going for
14:24at least another
14:26I don't know, 6 months, a year.
14:28Let me know your guess. Um but yeah,
14:31I'll leave it there guys. Let me know
14:32your thoughts on this on which of the
14:35other um ETFs in the memory space you
14:39would be looking to get into if you hold
14:41one, if you're looking to change, if
14:43you're not interested at all. I'd love
14:44to hear your thoughts in the comments.
14:46Otherwise, I'll leave it there and I'll
14:47see you in the next one. Cheers.