Estimate potential dividend income, NAV decay, DRIP reinvestment results, and return-of-capital impact for high-yield ETFs. This calculator is designed for investors researching YieldMax-style ETFs, covered call ETFs, and income-focused funds.
Enter your shares, cost basis, latest distribution, estimated NAV decay, and distribution frequency to model different income scenarios. The results are educational only and should not be treated as investment, tax, or financial advice.
High-Yield ETF Dividend & NAV Calculator
Educational tool — model income, NAV decay, DRIP, and return-of-capital for YieldMax-style high-yield ETFs.
Holding details
Default values last updated: — · edit any field with your own numbers.
Income projection
- Assumes the last distribution rate stays constant for every future period.
- Actual YieldMax-style distributions vary month to month and are not guaranteed.
DRIP vs Cash — 12‑month comparison
| Scenario | End shares | Distributions taken as cash | Total value after 12 mo |
|---|
- Fixed implied yield (last dist ÷ NAV) and fixed NAV decay applied each period; DRIP reinvests every payment at that period's NAV.
- No taxes, fees, or price/yield changes are modeled. Starting value shown for reference only.
- Both scenarios decline in NAV terms — this compares the two paths, it is not a forecast of profit.
Return-of-capital (ROC) flag
Enter the ROC percentage from the fund's Section 19(a) notice. ROC is generally not taxed as income, but it lowers your cost basis.
- Tax treatment is simplified and educational only — ROC classification can be reclassified at year-end on Form 1099-DIV.
- This is not tax advice. Consult a qualified tax professional for your situation.
Saved portfolio
| Ticker | Shares | Cost | Last dist | NAV | Freq | Wk cash | Actions |
|---|
No saved holdings yet. Fill in the form above and click “Add holding to portfolio”.
What This High-Yield ETF Calculator Helps You Estimate
High-yield ETFs can produce large monthly or weekly distributions, but the headline yield does not tell the full story. Investors also need to consider NAV erosion, return of capital, reinvestment assumptions, and whether the distribution rate is sustainable over time.
This tool helps model four key areas:
Dividend Income Projection
Estimate weekly, monthly, and annual income based on the number of shares you own and the latest distribution per share.
NAV Break-Even Analysis
Compare projected distributions against estimated NAV decline to understand how long it may take for income received to offset capital loss from NAV decay.
DRIP vs Cash Comparison
Compare a simplified 12-month scenario where distributions are reinvested versus taken as cash.
Return of Capital Flag
Estimate how much of the annual distribution may be classified as return of capital and how it could reduce your cost basis.
Frequently Asked Questions
What is a high-yield ETF dividend calculator?
A high-yield ETF dividend calculator estimates potential income from ETFs that pay large monthly or weekly distributions. It can help investors understand cash flow, annualized income, and how different assumptions affect projected results.
Does this calculator predict future ETF distributions?
No. ETF distributions can change from month to month or week to week. This calculator uses the latest distribution entered by the user and assumes it stays constant for modeling purposes only.
Why does NAV decay matter?
Some high-yield and covered call ETFs may experience NAV decline over time. A high distribution yield can look attractive, but NAV erosion may reduce total return. This calculator helps compare income received against estimated NAV decay.
Is return of capital bad?
Return of capital is not automatically bad, but it is important to understand. ROC may reduce taxable income in the short term, but it can also lower your cost basis. Tax treatment can change at year-end, so investors should consult a qualified tax professional.
Is this investment advice?
No. EskiSignal provides this calculator for educational purposes only. It does not recommend buying, selling, or holding any ETF or security.
