Pick The Better Amazon High Yield Covered Call ETF
YieldMax ETFs launched single-stock covered call ETFs in November 2022, with Tesla as the first stock. They now offer nearly 40 ETFs. On October 30, 2024, Kurv Funds introduced six similar ETFs, including the Amazon (AMZN) ETFs: YieldMax AMZY with a 24.42% yield and Kurv AMZP with a 20.78% yield. Despite AMZY's higher yield, AMZP outperformed in total returns (64.37% vs. 61.81%) and maintained a positive share price, while AMZY's share value dropped nearly 40%. For Amazon covered call ETFs, Kurv's AMZP is recommended as the better option.
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