The YouTuber advises avoiding YMAX for most investors due to its significant price depreciation despite high dividends, especially during market downturns. While it generates income, the fund's actively managed options strategy carries substantial risk and volatility, making it unsuitable for those not aggressive income investors or without a tax-advantaged account.
“any fund regardless of how much dividend it's receiving if its price declines over time it isn't very healthy well at least that's my opinion” — ▶ 10:00