ULTY's high dividend and high risk structure has garnered both loyal investors and harsh critics - but its sustainability is in question.

The Reddit FIRE (financial independence, retire early) and DIY investor community has gone ga-ga over the YieldMax Ultra Option Income Strategy ETF (NYSEARCA: ULTY). The fund’s 80%+ distribution yield and weekly payouts have captured the imagination of many investors.

ULTY targets high income with active, quant-driven options strategies and has improved payouts and downside protection in 2025. See why ULTY ETF is a buy.

ULTY is a popular option for those seeking passive income. Its enormous yield and growth-focused holdings are for higher-risk investors, though.

One of the nice things about investing in assets that pay dividends is seeing your portfolio generate income passively. The dividends you can collect are yours to control. You can cash them out, reinvest them in the assets that produced them,

Much of ULTY's payout is return of capital, leading to capital depletion and negative total returns. Read why I see no compelling reason to invest in ULTY ETF.

YieldMax has a lengthy menu of high-yielding exchange-traded funds (ETFs), and the YieldMax Ultra Option Income Strategy ETF (NYSEARCA:ULTY) is among the most appealing for passive income investors. Yet,