Monthly Dividend Paying ETFs

[Jimmyk65]

Sig-
What was your initial investment and current principle at on these? I know you are reinvesting a portion of your dividend back into the funds so you are changing your cost basis (in this case lowering), but looking at historical prices for July 2025 when you bought these a share of:
MSTY was ~$97-$104. Currently it is ~$26
TSLY was ~38. Currently $35
MARO was ~$19-21. Currently ~$7.0
CRSH was ~$46-48. Currently ~$26
CONY was $87-100. Currently ~$32

Yes, you are receiving a nice monthly dividend, but it seems like you are slowly burning your principle over time, and reinvesting is just prolonging the game. Maybe I am totally misunderstanding the strategy here.

[IRQVET]

I had to look this up Today (Feb 2, 2026):

CRSH $26.10 per share times 1,000= $26,100
TSLY $34.88 per share times 1,000= $34,880
MARO $7.02 per share times 1,000= $7,020
CONY $31.58 per share times 1,000= $31,580
MSTY $26.04 per share times 1,000= $26,040

Total Invested: $125,620

Pretty impressive IMHO.

[Sig]

I don't really understand the dividend numbers/returns. But how do they compare to my gains.

I ended 2025 with $365,000 which included a $49,500 gain not counting contributions.

So far this year, 2026, not counting contributions I have gained $10,100 and my account total is $376,984.

Are the dividend gains better? or Growth like in my account better. Maybe better isn't the correct word... Maybe "comparable" is the word.

You didn’t say what account the $365,000 was in. It does sound like your TSP account. Whatever you are doing, keep doing it. So, in 2025 you made around 15%. Much better than 3% you make on a bank account or 3.5% CD. In your TSP you can only move your money between the TSP Funds. You can’t buy Tesla stocks, or an ETF that holds Tesla stocks like ETF: TSLY. You would have to have an IRA, or regular trading account with a brokerage house like Charles Schwab to buy stocks or ETFs. If you split the $376,984 five ways and bought $75,000.00 worth of each of the ETFs: TSLY, CRSH, MARO, CONY and MSTY on Monday the 26th of January the Cash Dividend paid to your account on January 30 would have been $4,397.00 and projecting 4 weeks into the end of February and including the January 30 income we could see over $20,000.00 on February 27 in an IRA or trading account.

In my example that I started in July 2025, I only bought 1000 shares of each of the ETFs which cost about $68,000.00 and in the 7 months from July to the end of January the total dividend in cash paid was $22,532.68. The one-year total should be a little more than forty thousand. We’ll see in July.

I hope this clears it up for you.

[Scarfinger]

Yes, my TSP account. 4 years 10 months and 28 days to retirement

Thanks for the reply.

[Sig]

Yes, you are receiving a nice monthly dividend, but it seems like you are slowly burning your principle over time, and reinvesting is just prolonging the game. Maybe I am totally misunderstanding the strategy here.

I started this as an experiment to see what these new ETFs could do. Most stocks that give dividends do it on a quarterly basis and the dividend is small.
The concept sounded interesting, the ETF would generate income through covered call options on a stock like TSLA and give monthly dividends. So, I took a “sample” of a batch of ETFs that paid monthly dividends and tracked the monthly payments. There were some changes that came. Monthly dividends were converted to weekly dividends in October. Then in December there was a reverse split.
What initially looked like a good strategy now looks too good to be true. The underlying stocks have lost value taking the YIELDMAX ETFs with them.
The underlying stocks, TSLA, MARA, COIN and MSTR may eventually come out of their slump and bring TSLY, MARO, CONY and MSTY back up with them.
So, now I’m committed to take this to July (1 year) and see what the results will be. Best scenario is break even or some plus side earnings. Down side could be as much as ten to twenty thousand. I’ll carry this through to at least July and at that point decide if I want to carry it forward.

[Jimmyk65]

Thanks Sig-
It is really an interesting idea and looks like it could be a good income enhancer for a part of a portfolio when used with other asset classes. I hope it turns out well by July as those dividends look nice.
Best, Jim

[$$$AllIn2026]

Yes, you are receiving a nice monthly dividend, but it seems like you are slowly burning your principle over time, and reinvesting is just prolonging the game. Maybe I am totally misunderstanding the strategy here.

I started this as an experiment to see what these new ETFs could do. Most stocks that give dividends do it on a quarterly basis and the dividend is small.
The concept sounded interesting, the ETF would generate income through covered call options on a stock like TSLA and give monthly dividends.

What initially looked like a good strategy now looks too good to be true. The underlying stocks have lost value taking the YIELDMAX ETFs with them.
The underlying stocks, TSLA, MARA, COIN and MSTR may eventually come out of their slump and bring TSLY, MARO, CONY and MSTY back up with them.

So, now I’m committed to take this to July (1 year) and see what the results will be. Best scenario is break even or some plus side earnings. Down side could be as much as ten to twenty thousand. I’ll carry this through to at least July and at that point decide if I want to carry it forward.

Sig, this intrigues me. Very impressive returns until it turned sour. A few questions:
Are any of the ETFs still doing well?
Did you get too greedy and could you / should you have gotten out earlier?
Aside from you own choice to stay in and ride it out hoping that the funds go back up, are you locked into this for a certain period of time and can't get out?

[Bubba]

Yes, you are receiving a nice monthly dividend, but it seems like you are slowly burning your principle over time, and reinvesting is just prolonging the game. Maybe I am totally misunderstanding the strategy here.

I started this as an experiment to see what these new ETFs could do. Most stocks that give dividends do it on a quarterly basis and the dividend is small.
The concept sounded interesting, the ETF would generate income through covered call options on a stock like TSLA and give monthly dividends. So, I took a “sample” of a batch of ETFs that paid monthly dividends and tracked the monthly payments. There were some changes that came. Monthly dividends were converted to weekly dividends in October. Then in December there was a reverse split.
What initially looked like a good strategy now looks too good to be true. The underlying stocks have lost value taking the YIELDMAX ETFs with them.
The underlying stocks, TSLA, MARA, COIN and MSTR may eventually come out of their slump and bring TSLY, MARO, CONY and MSTY back up with them.
So, now I’m committed to take this to July (1 year) and see what the results will be. Best scenario is break even or some plus side earnings. Down side could be as much as ten to twenty thousand. I’ll carry this through to at least July and at that point decide if I want to carry it forward.

I think I see what you're hoping to find. An ETF (or fund) that has an excellent dividend you can live off of while either increasing or at least retaining your initial investment. From what I can tell, Yieldmax doesn't do that. I'm pretty sure you're familiar with NAV creep that happens with dividends. Interestingly though, I found a different company https://neosfunds.com/ sort of doing what you want. They pay dividends (often enough) and the value of the original investment keeps on increasing. I've read so far that there are 2 or 3 companies doing this, but NEOS is one of the largest. Do note, however, that your increase in value is less than their followed indices. BUTTT there's no NAV creep. Worth considering?

Good luck!

[Sig]

Sig, this intrigues me. Very impressive returns until it turned sour. A few questions:
Are any of the ETFs still doing well?
Did you get too greedy and could you / should you have gotten out earlier?
Aside from you own choice to stay in and ride it out hoping that the funds go back up, are you locked into this for a certain period of time and can't get out?

I just found the YIELDMAX ETFs using a screener and thought that getting monthly dividends was better than the $0.25 quarterly dividend I was getting with Apple. And on "paper - Excel" it looked like with a "small" investment you could generate a monthly dividend income. So I would "paper trade" TSLY, MSTY, MARO, CRSH and CONY and carry it through for a year. So that is the only commitment I made - made to myself.

[Sig]

Thanks Bubba,
I'll checkout NEOSFUNDS.

[Sig]

Here is the dividend income ETFS, TSLY, MSTY, MARO, CRSH and CONY generated for the month of February. One thousand shares of each of those ETFs bought in July 2025 were about $63,000.00 for all five.
YIELDMAX converted all ETFs as of October 16th to weekly dividends.

Dividend Income for February 2026.

Totals for all dividends.
February Total $1,015.75
July Through February $22,041.81

Totals for all dividends reinvested.
February Dividend Reinvested Total $1,629.23
July Thru February Reinvested Total $27,637.70

[IRQVET]

I bought a few this morning:

SCHD
AMZY
NVDY
QDTE
XDTE

[Sig]

OK Bubba,

NEOSFUNDS ETFs pay monthly dividends.
I looked at the history of the best 5 NEOFUNDS. I went with 1000 shares of each.
Here’s what I found.

NEHI started December 3, 2025 and 1000 shares on that date were about $49000.00.
From December 2025 to February 2026 NEHI dividends paid $3,830.00.

IAUI started May 6, 2025 and 1000 shares on that date were about $50,000.00.
From May 2025 to February 2026 IAUI dividends paid $5,075.70.

QQQI started January 29, 2024 and 1000 shares on that date were about $50,000.00.
From January 2024 to February 2026 QQQI dividends paid $15,422.80.

IWMI started June 24, 2024 and 1000 shares on that date were about $50,000.00.
From June 2024 to February 2026 IWMI dividends paid $12,348.50.

SPYI started August 29, 2022 and 1000 shares on that date were about $49000.00.
From August 2022 to February 2026 SPYI dividends paid $20,993.80.

In comparison, the 5 YIELDMAX ETFs bought for $63,000.00 in July 2025, the dividends have generated
$22,041.81 in 8 months from July 2025 to February 2026.

[Bubba]

OK Bubba,

NEOSFUNDS ETFs pay monthly dividends.
I looked at the history of the best 5 NEOFUNDS. I went with 1000 shares of each.
Here’s what I found.

NEHI started December 3, 2025 and 1000 shares on that date were about $49000.00.
From December 2025 to February 2026 NEHI dividends paid $3,830.00.

IAUI started May 6, 2025 and 1000 shares on that date were about $50,000.00.
From May 2025 to February 2026 IAUI dividends paid $5,075.70.

QQQI started January 29, 2024 and 1000 shares on that date were about $50,000.00.
From January 2024 to February 2026 QQQI dividends paid $15,422.80.

IWMI started June 24, 2024 and 1000 shares on that date were about $50,000.00.
From June 2024 to February 2026 IWMI dividends paid $12,348.50.

SPYI started August 29, 2022 and 1000 shares on that date were about $49000.00.
From August 2022 to February 2026 SPYI dividends paid $20,993.80.

In comparison, the 5 YIELDMAX ETFs bought for $63,000.00 in July 2025, the dividends have generated
$22,041.81 in 8 months from July 2025 to February 2026.

So, remember you're not only comparing the dividends, but you're also comparing the NAV creep. NEO funds (which I don't own) actually retain the NAV and allow it to increase while paying out a handsome dividend (like the SPYI you quoted). I would think that's a better deal than the Yieldmax. Just my opinion.