r/YieldMaxETFs

Obviously the twice-a-week distribution is gimmicky as hell. And the 40%+ distribution is too high to not suffer from NAV erosion. But if you look at the Total Return chart for the past year, it's actually beating SPY, so...

When Treasury yields rise above 5%, income ETFs must earn their place. Do y'all think a complicated options strategy provides enough return to justify its fees, capped upside, and added risk. Thoughts? Ideas?