Dividends Over Day Jobs: Income ETFs Become Huge Hit with Gen Z

In this episode of Trillions, Joel Weber and Eric Balchunas are joined by Vildana Hajric to discuss the growing trend of high-yield dividend ETFs and their appeal to retail investors, particularly fin-influencer communities. The conversation covers the difference between traditional dividend ETFs and the new category of super high-yield ETFs, some yielding 90% or more, and how these funds are attracting billions in investments. They explore the investment strategies behind these high-yield ETFs, such as writing call options, and the trade-offs investors make in terms of potential upside. The discussion also touches on the psychological appeal of regular payouts, the economic factors driving interest in these products, and the comparison to the appeal of crypto, highlighting a sentiment among younger investors that the traditional financial system isn't working for them.