Ticker

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) has delivered steady weekly income while its underlying asset collapsed.

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY) launched September 2023 with a simple pitch: collect weekly income from one of the world's most recognized payment platforms.

A weekly distribution check sounds appealing, but PYPY's price chart tells a more complicated story.

Three funds, three very different answers to whether a high yield is worth chasing. YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY), Adams Diversified Equity Fund (NYSE: ADX), and YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) all pay regular distributions, but the similarities end there. How Each Fund Generates Income ADX is a closed-end fund that owns... One of These High Yield Funds Is Quietly…

YieldMax PYPL Option Income Strategy ETF (NYSEARCA:PYPY - Get Free Report) was down 0.2% on Thursday. The company traded as low as $28.08 and last traded at $28.43. Approximately 6,984 shares changed hands during trading, a decline of 29% from the average daily volume of 9,781 shares. The stock had previously closed at $28.50.