Two Significant Updates on KLIP & OARK (KWEB & ARKK Covered Call High-Yield ETFs)

I’m adding to KLIP (KWEB covered call ETF) to offset minor losses in KWEB. I am doing this to manage my risk, raise income, and harvest tax losses (without triggering a wash sale).
The ex-date is also approaching for OARK, just going by previous month’s distributions. So, I am not taking any chances and buying now on the day’s weakness.
KWEB and ARKK look almost identical on the chart lately, so make sure you don’t have too much exposure of each during a downturn, as they will live in tandem it seems (excluding China geopolitical risk).
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Category : ALLONE

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