The Hidden Costs of Fund of Funds: How the ETF Industry Is Ripping Off Investors The world of exchange traded funds (ETFs) has become increasingly complex, with many investors unwittingly paying exorbitant fees for what amounts to a convoluted structure.
A recent example is YieldMax Universe Fund of Option Income ETFs (YMAX), which saw its weekly payouts collapse by nearly 90% in just two years.
At first glance, YMAX's promise of a steady income stream through covered call options seemed too good to be true. However, its business model prioritizes profits over investor returns. The fund's 1.