Six ETFs Yielding 10%–21% With No Price Decay? Let's Check the Fine Print
I saw a post making the rounds that sounded almost too good to be true: six income ETFs paying more than 10%, all with “ZERO price decay since launch.” The tickers were XLEI (20.9%), TDAQ (17.6%), DRKY (15%), KQQQ (14.5%), MLPI (14.3%) and HCOW (10.3%). That’s a tempting pitch. Who wouldn’t want a double-digit cash payout without watching their principal melt away? But the phrase zero price decay is doing a lot of work here. And before putting money into any of these funds, I’d want to know exactly what it means. ...