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YRAM vs DRMY vs DRMP.. + A BRAND NEW Income ETF!

Yield And Chill · 2,535 words · 12 min read

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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.

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