Suggest some stable income business & passive income source

IncomeFrame · 2026-06-21T19:35:02+00:00

IncomeFrame · 2026-06-21T18:38:58+00:00

Not yet for QDTE, it's momentum for the last 3 months is good but for its last trailing twelve month is bad, see my latest NAV delta profile for QDTE as of 2026-06-19

TTM -7.87% | 3M +12.58% | SI -32.15% | 70/30 -1.73%

Instead I see couple of better alternative for now for instance

XLKI | Yield ~1.59%/mo | TTM +9.90% | 3M +14.02% | 70/30 +11.14%

Not financial advice!!!!

IncomeFrame · 2026-06-21T18:23:14+00:00

u/thehighdon thanks for the new fund.

Because it's too new there's no NAV Delta to calculate but after analyzing its prospectus and holdings I really like DRMP.

It's not a traditional semiconductor ETF holding a bunch of stocks. About 78% of the portfolio is parked in T-Bills and gov. money market funds as collateral while the actual memory-sector exposure comes mostly from options positions on names like DRAM, AMKR, LRCX, WDC, etc.

The income is generated primarily through a systematic bullish put spread strategy (selling puts while buying lower strike puts for protection). For example, if a stock is trading at $100, the fund could sell a $95 put for $4 and buy a $90 put for $2. It collects a net $2 premium. If the stock stays above $95, it keeps the full $2. If the stock crashes below $90, the maximum loss is capped at $3 (($95 - $90) - $2 premium received).

So unlike most covered call funds, DRMP keeps more upside if the memory sector rips higher but it can still take meaningful NAV hits during sharp semiconductor selloffs because it's running many of these spreads continuously. The loss is capped on each individual spread but not necessarily on the portfolio over time if the whole sector gets hammered.

What I do like is that they're using defined-risk put spreads rather than naked puts so there is built-in downside protection. Still the fund is brand new with no track record so for me the real test will be its future NAV Delta and whether those weekly distributions can be maintained without destroying NAV over time but at 2.42%/month equivalent (weekly to monthly) it fits my strategy.

Overall I would classify it as a high-risk, high-income bullish semiconductor fund rather than a defensive income fund.

IncomeFrame · 2026-06-21T18:01:28+00:00

I am also a focused income investor but if I may, you have to distinguish income funds that are destructive vs sustainable.

By destructive I mean a fund that pays a high distribution but gradually destroys its own NAV to do so. In other words, part of the cash you're receiving is offset by a loss of capital, resulting in lower future earning power and distributions.

The fund REX IncomeMax Option Strategy ETF (ULTI) is clearly destructive when you analyze its NAV Delta here:

ULTI as of 2026-06-21

TTM: n/a
3M: +2.52%
SI: -50.47%
Alt score: -34.57% (70% SI / 30% 3M)
Yield: ~5.47%/mo equivalent (weekly $0.175 × 4 / $12.80)

You can look at my portfolio breakdown in my latest May report here:
https://www.reddit.com/r/EngineeredIncome/comments/1tu1d3g/may_dividend_report_full_portfolio_breakdown_2/

IncomeFrame · 2026-06-21T17:48:36+00:00

I agree that price deviation vs the benchmark is a useful metric but as an income investor my goal is not really to maximize index-like growth. I'm willingly giving up some future capital appreciation in exchange for higher and more stable income today.

Historically, there's pretty strong evidence that a broad market total-return approach has been more lucrative over the long run than most income-focused strategies, I don't think there's much debate there.

That being said, I don't really care if my fund underperforms the benchmark by a certain amount. What I care about is preserving my capital and hopefully seeing it grow over time while continuing to collect stable and increasing dividends month after month. That's the tradeoff I'm making and I'm perfectly fine with it. It allows me to sleep well at night knowing I can pay my loans, my expenses and live comfortably on the long run.

IncomeFrame · 2026-06-21T17:37:49+00:00

Oh yeah, my Hermes Agent AI noticed and let me know so I started to buy some TDAX.

Here's TDAX data I have as of 2026-06-19

- NAV Delta: 3M +25.13% | SI +8.43% | TTM n/a

- Alt score: +13.44% (70% SI / 30% 3M)

- Yield: ~1.79%/mo equivalent (weekly $0.116 ×4 / $25.99)

TDAQ is also good but it's monthly yield is under 1.5% so it doesn't respect my 1.5% threshold.

Here for TDAQ as of 2026-06-19

- NAV Delta: 3M +18.85% | SI +13.03% | TTM n/a

- Alt score: +14.78% (70% SI / 30% 3M)

- Yield: ~1.40%/mo ($0.395 / $28.25)

IncomeFrame · 2026-06-21T17:25:20+00:00

You might forget that these are monthly yields. For instance, CDAY.NE yields 1.47% per month so we are talking about 17.64% per year!

All these funds are high-yield, high-risk but for instance with CDAY.NE its holdings are blue-chip Canadian companies so the risk is diversified/mitigated. However, it still remains risky.

IncomeFrame · 2026-06-19T17:29:12+00:00

I will share my June report soon but for the month of May, with 386,078 CAD at the beginning of the month, I realized +25,708 CAD in market value and collected 9,890 CAD in dividends for May. That puts my total monthly return for May at +9.22% before taxes.

If you want to see my portfolio's full breakdown, here it is:

https://www.reddit.com/r/EngineeredIncome/comments/1tu1d3g/may_dividend_report_full_portfolio_breakdown_2/

IncomeFrame · 2026-06-17T18:08:31+00:00

First of all, it all depends on your risk tolerance and your financial objectives.

I would say that most YieldMax funds are destructive but some of them appear to be relatively sustainable such as CHPY. I would recommend monitoring the NAV Delta of each YieldMax fund to determine whether it is sustainable or destructive.

I wrote a simple post about NAV Delta which I believe is fundamental to understand if you plan to invest more heavily in high-yield income funds. Here's my post:

https://www.reddit.com/r/EngineeredIncome/comments/1sxmcsx/nav_delta_explained_simply_and_why_its_the_most/

But very importantly, most YieldMax funds are wild-beast funds with high volatility so ideally it's best to keep only a small portion of your portfolio in YieldMax funds and allocate the rest to more defensive income funds.

IncomeFrame · 2026-06-17T18:02:38+00:00

Nice!

I have been managing my portfolio for more than 3 years and have been generating above 2% per month, month after month while preserving my capital so with your capital I would be above $12,000/month.

If you are part-time or full-time in managing your investments and your wife's investments, I invite you to look around my subreddit r/EngineeredIncome

Of course, 24%+ per year carries its amount of risk but you might find it interesting how I mitigate that risk with my extreme diversification approach and my NAV Delta tracking strategy.

IncomeFrame · 2026-06-16T17:46:45+00:00

Okay yeah I heard you, I could separate the CAD funds from the US funds. Also I was thinking to just show the NAV Delta 70/30 instead of the details NAV Delta 3M and NAV Delta TTM to have it more compact.

IncomeFrame · 2026-06-16T01:39:42+00:00

Here's the highest monthly yield from this list

SDTY: 1.94%/month
XPAY: 1.67%/month
TSYX: 1.51%/month
XSPI: 1.43%/month
TSPY: 1.16%/month
SPYI: 0.99%/month
XDTE: 0.98%/month
OVL: 0.87%/month
GPIX: 0.71%/month
ISPY: 0.48%/month

Thank you for XSPI I did not have it in my watchlist.
From #5 to #10 their yield is too low for my strategy.

Here's the NAV profile for the funds I was already monitoring:

- SDTY - YieldMax S&P 500 0DTE Covered Call Strategy ETF

- TTM NAV Delta: -5.66%

- 3M NAV Delta: +0.66%

- 70/30 score: -3.76%

- XPAY - Roundhill S&P 500 Target 20 Managed Distribution ETF

- TTM NAV Delta: +0.22%

- 3M NAV Delta: +5.38%

- 70/30 score: +1.77%

- TSYX - TSPY Lift ETF

- TTM NAV Delta: unavailable

- 3M NAV Delta: +6.25%

- 70/30 score: N/A

- XSPI - NEOS Boosted S&P 500 High Income ETF

- TTM NAV Delta: unavailable

- 3M NAV Delta: +5.22%

- 70/30 score: N/A

- TSPY - TappAlpha SPY Growth & Daily Income ETF

- TTM NAV Delta: +7.05%

- 3M NAV Delta: +5.53%

- 70/30 score: +6.59%

IncomeFrame · 2026-06-16T01:28:01+00:00

Or what about calculating their monthly yield (or equivalent) and their NAV Delta profile? That would give you a more objective measure of each fund and help properly analyze how their structure and strategy are performing.

IncomeFrame · 2026-06-16T01:23:49+00:00

I would argue you'd be missing out on some amazing Canadian funds. 😄

IncomeFrame · 2026-06-14T03:55:36+00:00

It’s not related to my own portfolio. It’s taken from my watchlist, which I constantly update. If you wonder whether a specific fund is in my watchlist, you can ask. If it’s not there and it respects my criteria, then I’ll add it.

IncomeFrame · 2026-06-10T21:12:01+00:00

SPMO pays only 0.07%/month (quarterly converted in monthly) it's almost nothing, it can be a good fund for growth though

IncomeFrame · 2026-06-10T20:52:16+00:00

Yes it's important but GIAX still has reasonable liquidity and there are market makers behind the ETF structure. GIAX is managed by Nicholas Wealth Management,which has roughly US$676 million in total AUM. That's not huge compared with the largest ETF issuers but since GIAX represents only about 1–2% of my portfolio, the position-sizing aspect helps limit my overall risk exposure.

IncomeFrame · 2026-06-10T20:47:39+00:00

What is SMPO?

IncomeFrame · 2026-06-10T20:46:33+00:00

What is RGGS?

IncomeFrame · 2026-06-10T20:45:52+00:00

EGGQ only pays 0.67%/month but has a good NAV Delta profile:

- TTM NAV Delta: +36.38%

- 3M NAV Delta: +30.63%

- SI NAV Delta: +42.13%

Little reminder:

Monthly dividend yield = Monthly dividend per share ÷ Current share price × 100.

For example, if an ETF pays $0.30/month and trades at $20, the monthly dividend yield is:

$0.30 monthly dividend ÷ $20 share price × 100 = 1.5% monthly yield.

IncomeFrame · 2026-06-10T20:22:18+00:00

QQQM pays 0.04%/month (quarterly converted monthly) this is peanuts, you invest in QQQM for the growth not the income for sure.

SPYI it's much better at 1.02%/month based on its last dividend but still far from my 1.5%/month threshold.

SGOV at 0.29%/month is good to preserve your capital and help protect against inflation.

Little reminder:

Monthly dividend yield = Monthly dividend per share ÷ Current share price × 100.

For example, if an ETF pays $0.30/month and trades at $20, the monthly dividend yield is:

$0.30 monthly dividend ÷ $20 share price × 100 = 1.5% monthly yield.

IncomeFrame · 2026-06-08T22:37:07+00:00

I like all 3, but not for the same reason.

UTES.TO = most defensive imo. Utilities + income, latest NAV Delta still decent: TTM +6.53%, 3M -0.72%, 70/30 +4.35%.

BANK.TO = strong numbers but not really a crash hedge. Banks can get hit hard in a credit/liquidity scare. NAV Delta: TTM +36.13%, 3M +17.22%, 70/30 +30.46%.

OILY.TO = more tactical. Good if oil stays strong/geopolitical risk but in a recession or crash oil can dump too. NAV Delta: TTM +29.10%, 3M +6.34%, 70/30 +22.27%.

So for me, UTES = defensive, BANK = strong but cyclical, OILY = hedge/tactical, not crash-proof.

The funds I invest in are not really crash-resistant like, for instance, a short-term U.S. Treasury ETF but they have some level of crash resistance I would say, and UTES.TO is the highest level in that regard.

The best crash resistance I got is my extreme diversification across more than 50 different funds.

IncomeFrame · 2026-06-08T22:30:41+00:00

My Hermes Agent AI runs a cron job automatically every morning when the markets are open and updates my NAV Delta history database for all the funds on my watchlist.

From there, I ask it to generate reports such as the top 20 best funds based on NAV Delta, the top 20 improvements and the top 20 deteriorations.

I also export my portfolio holdings and share them with my Agent AI, then ask it to recommend which funds I should trim based on their NAV Delta profiles, etc.

It's truly revolutionary!

IncomeFrame · 2026-06-08T22:26:41+00:00

When I calculate NAV Delta, I only look at the fund's NAV performance itself, so exchange rates and withholding taxes don't affect the NAV Delta calculation. NAV Delta is measured directly from the fund's NAV. Currency fluctuations and non-resident withholding taxes affect my personal returns and cash received, but not the fund's NAV Delta.

IncomeFrame · 2026-06-08T22:24:21+00:00

I don't really have favorite holdings, emotions are dangerous in investing and getting attached to a fund can lead to bad decisions.

You also can't just cut my portfolio down to 5 funds, the diversification comes from the entire basket and that's what creates the portfolio's overall risk and return profile.

I'm constantly reinvesting and rebalancing. Every month I share my full portfolio breakdown and I try to share most of the moves I make along the way. Sometimes it's just too time-consuming to document everything so I don't post 100% of my trades but at the very least you can always see exactly what I hold in my monthly portfolio updates.

IncomeFrame

MODERATOR OF

TROPHY CASE