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YieldMax Dorsey Wright Hybrid 5 Income ETF
FIVY (YieldMax Dorsey Wright Hybrid 5 Income ETF) is an active Balanced ETF by YieldMax. With a 0.70% MER, it provides diversified exposure through 10 holdings. Monthly distribution with a 47.96% yield.
FIVY is actively managed by YieldMax's investment team, which selects holdings with the goal of outperforming a benchmark index.
With a 0.70% MER, its fees are in line with category averages. It pays a monthly distribution with a 47.96% yield, making it attractive for income-seeking investors.
FIVY is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.