XYLD

Global X S&P 500 Covered Call ETF

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-$10.65 -21.73%
Dividend Portfolio Update
As you may know, I write many updates, economic analysis, and opinion pieces on my website, you can read my most recent full portfolio update here. However, it's been a while since I've shared an update on Commonstock so let's do one!

To date, I have invested $10,550 into the account the total value of all positions plus any cash on hand is $10,615.85. That’s a total gain of 0.62%. The account is up $241.52 for the week which is a 2.33% gain.

We started building this portfolio on 9/24/2021 and, even with this rough last week, when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -7.3% whereas our portfolio is up 0.62%! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $200 in cash to the account this week. The trades made this week will be broken out below

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week and the blue ones are positions that I reinvested dividends into. The positions that we added to increased our annual dividend income by $11 at a yield of 4.45%.

This week we received three dividends: $0.74 from McCormick ($MKC), $4.24 from Global X S&P 500 Covered Call ETF ($XYLD), and $2.03 from Comcast ($CMCSA).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The Coca-Cola dividend was actually received last Friday, but got reinvested on the following trading day.

Dividends received for 2022: $197.83
Portfolio’s Lifetime Dividends: $220.75

Below is a breakdown of my trades this week!

July 25th
  • McCormick ($MKC) – dividend reinvested
July 26th
  • Ecolab ($ECL) – added 0.2 shares at $157.75 (short term trade)
  • $XYLD – dividend reinvested
July 27th
  • ETRACS 2x Levered ETF ($SMHB) – added 1 share at $8.78
  • Ecolab ($ECL) – sold 0.2 shares at $160.10
  • $SCHD – added 0.13775 shares at $72.60 (recurring investment)
  • $XYLD – added 0.230044 shares at $43.47 (recurring investment)
  • Comcast ($CMCSA) – dividend reinvested
July 28th
  • Comcast ($CMCSA) – added 1 share at $39.26
  • Intel ($INTC) – added 1 share at $39.76
  • Ally ($ALLY) – added 0.25 shares at $32.28
July 29th
  • Comcast ($CMCSA) – added 1 share at $37.92
  • Intel ($INTC) – added 1 share at $35.42
  • Ally ($ALLY) – added 0.35 shares at $32.89

This week I mostly focused on $INTC and $CMCSA as I indicated in the last portfolio review. Both had some rough earnings misses which gave some good buying opportunities. I’m not too concerned about $CMCSA’s earnings, most segments of the business performed as expected, however economic contractions affected the business more than anticipated. $INTC is a different story. Though they were also affected by the economy, revenues were way lower than expected and guidance was not peachy at all. This poor performance was to be expected while they build out the foundry business, but the severity of it was not. I’m still bullish on the long term for both, hence the buys at the end of the week.

Next week I plan on keeping my eyes $INTC again for the ex-dividend date coming up, and $ATVI, $AFL, $SBUX, $AMGN, and $O for their earnings reports as potential buys.
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$AMGN and $AFL are inching towards the top of my watchlist for my January birthday buys! Will be interesting following your positions the next few months

Which brokerage are you using? Interested in the fractional shares
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Dividend Portfolio Update
As you may know, I write many updates, economic analysis, and opinion pieces on my website, you can ready my most recent full portfolio update here. However, it's been a while since I've shared an update on Commonstock so let's do one!

To date, I have invested $10,110 into the account (WOOT WOOT WE PASSED 10K), the total value of all positions plus any cash on hand is $9,887.69. That’s a total loss of 2.20%. The account is up $142.95 for the week which is a 1.47% gain.

We started building this portfolio on 9/24/2021 and when compared to the S&P 500 we are outperforming the market so far! Within that same timeframe, the S&P 500 is down -12.48% whereas our portfolio is down -2.20%! I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

We added $120 in cash to the account this week. The trades made this week will be broken out below.

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week and the blue ones are positions that I reinvested dividends into. The positions that we added to increased our annual dividend income by $9 at a yield of 4.42%.

This week we received $6.72 from two dividends: $0.49 from Coca-Cola ($KO), $6.23 from Best Buy ($BBY).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. The Coca-Cola dividend was actually received last Friday, but got reinvested on the following trading day.

Dividends received for 2022: $179.42
Portfolio’s Lifetime Dividends: $202.34

Below is a breakdown of my trades this week!
July 5th
  • Best Buy ($BBY) – dividend reinvested
  • Coca-Cola ($KO) – dividend reinvested
  • Comcast ($CMCSA) – 0.5 shares bought at $39.26
  • Lowe’s ($LOW) – added 0.125 shares at $175.84
July 6th
  • $SCHD – added 0.1399 shares at $71.48 (recurring investment)
  • $XYLD – added 0.233198 shares at $42.88 (recurring investment)
July 8th
  • Intel ($INTC) – added 0.25 shares at $37.96
  • AT&T ($T) – added 2 shares at $20.86

We also bought some $SSSS and sold it the next day for a ~5% gain. This is not something I do often so I won't provide the dates and prices for those orders.

This was sort of a slow week on top of an already shortened week. It was a pretty positive week driving by the tech and consumer discretionary sectors as discussed in my weekly market review, therefore there wasn’t too many amazing opportunities to buy down. I mainly just took this week to add a little bit into some of my favorite down positions and positions on ex-dates.

Next week I plan on keeping my eyes on Lowe’s, Cummins, and Altria for the reasons below:
  • Lowe’s ($LOW) for its ex-date coming up on July 19th.
  • I’ll also be looking to add to Cummins ($CMI) which I’m down 4% on right now. Their yield is 2.89% which is slightly above their 5-year average and their P/E is at 10.8 which is about 20% underneath the 5-year average. They have a 29-year dividend streak with 16 years of consecutive growth. I’m anticipating a dividend increase on their Q3 payout and thus would like to add earlier now while down.
  • I’ll also be watching Altria ($MO) to add to next week. I’m currently down 12.3% on this stock. Its yield is juicy right now at 8.67%, roughly 2% higher than its 5-year average. This company has great financials and the JUUL headlines don’t concern me too much due to the company’s limited stake in it. Similar to $CMI, I’m expecting their next announced dividend to be increased and I want to add early while down now.
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Weekly Economic Analysis and Portfolio Update
Below is a paraphrase of the full portfolio update and market review article I write weekly. Click here for a full portfolio with more statistics, an economic review, plus a break down of all my trades (which you can see in my Commonstock profile as well), and what stocks I'll be looking to buy next week.

Market Review

"The first week of June was a short one! Short in terms of trading days, but also short in terms of the market movement as it failed build on last week’s gains. The market this week showed renewed seller’s interest off of the back of economic concerns, earnings outlooks (looking at you Microsoft), and monetary policy.

As discussed in our monthly market recap, JPMorgan Chase (JPM) CEO Jaime Dimon said that he sees a storm ahead, whether it’s an “economic hurricane” or a slight down pour, we need to ready. He and JPM will do so by being conservative with their balance sheet. On Friday, Elon Must said that he had a bad feeling about the economy and that his electric car company Tesla (TSLA) needs to freeze hiring and cut 10% of staff.

Every S&P sector finished Friday in the red with the exception of the energy sector. Healthcare, real estate, financial, and consumer staples were the worst performers. Energy was the best performer followed by information technology at a distant second. The energy sector’s performance this week was a result of oil prices pushing higher off an announcement by the EU to ban 90% of Russian crude imports by the end of the year and an announcement from OPEC that they will boost production targets for July and August. OPEC’s oil decision is sound on the surface, however, oil traders saw it as insufficient to meet demand. Demand is expected to rise in the wake of China’s reopening and the EU’s oil ban. WTI crude started the week at $115.07 and are now at $118.87. It had just come off of highs of $120.46 which is the highest level seen since March.

Portfolio

To date, I have invested $9,220 into the account, the total value of all positions plus any cash on hand is $9,497.74. That’s a total gain of 3.01%. The account is down $85.99 for the week which is a 0.9% loss.

I love tracking my portfolio against a benchmark like the S&P. The above chart comes from Sharesight which makes portfolio and dividend management a breeze!

Below is a table of everything we are invested in so far. There you can see my number of shares, shares bought through dividend reinvestments, average cost, gains, and more. The tickers in green are positions that I bought shares in this week.

Dividends

This week we received four dividends. $1.00 from Aflac ($AFL), $3.12 from Intel ($INTC), $2.94 from $XYLD, and $1.96 from Cummins ($CMI).

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All dividends were reinvested.

Dividends received for 2022: $131.86

Portfolio’s Lifetime Dividends: $154.79"

Again, click here for a full portfolio with more statistics, an economic review, plus a break down of all my trades (which you can see in my Commonstock profile as well), and what stocks I'll be looking to buy next week.
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Covered Call ETFs for Income
I buy into $XYLD every week and am a fan of it! It has a lower yield than $QYLD but better growth and beta. $RYLD is right in the middle with a yield higher and beta than $XYLD and lower than $QYLD, while also having the best growth rate. All have the same expense ratio.

After looking at it that way it seems to me that $RYLD may actually be best of the three! Which is your favorite or are there any other covered call etfs you use not in this list?
Favorite Covered Call ETF
55%$QYLD
33%$XYLD
11%$RYLD
9 VotesPoll ended on: 04/22/22
Love the strategy for income. I have been diving into covered call ETFs and settled on Jepi for my Roth. Just started a position last month. I like the combination of yield, holdings, and a lower expense ratio. All great though!
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4/1/22 - Dividend Portfolio Update
The below post is a summary of information on my recent portfolio article, you can read the full thing here!

Market Update

We saw a whipsaw week in the market with gains made on Monday and Tuesday that were later wiped out leaving the S&P at a 0.1% gain for the week. From a sector perspective, cyclical financials, energy, and industrials were the worst performers while real estate, utilities, and consumer staple stocks outperformed.

The week started with good momentum while supposed cease fire talks were taking place. Stocks rallied even as the treasury yield 2-10 spread inverted on Tuesday which is historically a signal of a coming recession. Those gains were removed through the end of the week as Russia refused progress in cease fire talks, inflationary measures hit high levels, March employment numbers reported well but support additional expected hawkishness form the Fed, and investors balances and took profits for quarter-end.

Portfolio Update

To date, I have invested $7,780 into the account, the total value of all positions plus any cash on hand is $8,317.33. That’s a gain of $537.33 for a total return of 6.91%. The account is up $17.89 for the week which is a 0.22% gain.

This week we received $9.77 in dividends from six tickers. $1.64 from $SCHD, $1.86 from $XYLD, $3.09 from $EOG, $1.70 from $ALL, $1.04 from $PB, and $0.44 from $KO.

In my portfolio, all positions have dividend reinvestment enabled. I don’t hold onto the dividend, I don’t try to time the reinvestment, I just let my broker do it automatically. All dividends were reinvested (except for KO, that will be reinvested on Monday).

Dividends received for 2022: $73.25

Portfolio’s Lifetime Dividends: $96.17

Here’s the breakdown of the trades I made this week:
• March 28th
o T – added 2 shares at $23.98
o UWMC – sold 4/1 $5 cover call for $1 premium (expired worthless for a $1 gain)
o SCHD – dividend reinvested $1.64 at $79.73 per share
• March 29th
o SNDL – covered my put position from last week ($1 loss)
o XYLD – dividend reinvested $1.86 at $46.69 per share
o EOG – dividend reinvested $3.09 at $121.84 per share
• March 30th
o SCHD – added 0.125447 shares at $79.71 (recurring investment)
o XYLD – added 0.201523 shares at $49.62 (recurring investment)
o O – added 0.5 shares at $70.32
• March 31st
o BBY – added 1 share at $91.67
o CMCSA – added 1 share at $47.11
• April 1st
o UWMC – added 1 share at $4.44
o ALL – dividend received $1.70 (not reinvested closed position)
o PB – dividend received $1.04 (not reinvested closed position)

That is it for the update this week. Let’s kill it next week. Stay patient and be ready to buy income producing assets at a discount!
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Portfolio Review

Our portfolio was up 3.3% while the S&P ended down 1.3%!

$LMT, $EOG, $CNQ, and $CVX are really carrying us through these uneasy times.

We made buys in $T, $INTC, $APD, $UWMC, $BBY, $SCHD, & $XYLD

What buys did you make?
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Fantastic work! I also read your “about me” section on your site. I really identify with your story of getting into investing! It sounds like your exploration and experimentation has served you well!
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Dividend shopping
Purchases for today in my dividend portfolio: $AB $VGT $EVA $MPLX $EVT $RYLD $DGRO $XYLD
This is why you should invest in ETFs. They provide a safer way to achieve high returns over time.

5 yr final balance after returns based on $10k investment (no additional contributions):

$QQQ- $33,472 234.72%
$QYLD- $17,029 70.29%
$XYLD- $15,477 54.77%
$DGRO- $20,521 105.21%
$VUG- $27,508 175.08%
$VNQ- $14,607 46.07%
$VOO- $22,128 121.28%

I have all of these in my portfolio
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Commonstock is a social network that amplifies the knowledge of the best investors, verified by actual track records for signal over noise. Community members can link their existing brokerage accounts and share their real time portfolio, performance and trades (by percent only, dollar amounts never shared). Commonstock is not a brokerage, but a social layer on top of existing brokerages helping to create more engaged and informed investors.