Nearly a dozen ETFs boasted yields of at least 100% this week.
Most of these funds trade option contracts on a single stock to generate high income.
Much of this "yield" is often return of capital.
“'The higher the yield you’re generating, the higher the risk you’re taking with the principal,'
says Will Rhind, chief executive of GraniteShares, which offers several option-income funds.
'Can you get a 150% annualized yield with no downside?
There’s no free lunch in this world.'”https://www.msn.com/en-us/money/other/these-funds-are-yield-magicians-how-do-they-do-it/ar-AA1Hy1HC
