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Data as of .

DIPS vs NVDY: which paid, and which earned it?

Over the year NVDY paid 42.6% of its price in cash against DIPS’s 35.2%, and returned more with it reinvested.

YieldMax(R) Short NVDA Option Income Strategy ETF and YieldMax(R) NVDA Option Income Strategy ETF.

35.2%DIPS cash paid, 1 year
42.6%NVDY cash paid, 1 year
−16.6%DIPS total return, 1 year
+26.3%NVDY total return, 1 year

ETFIQ Return Stability Score: NVDY scores higher

Was the payout funded by returns, or by your own capital?

DIPS 25NVDY 72.77.8, the lowest in this set97.7, the highest

A percentile among the 64 income ETFs writing on a single company. It is a position in a set, not a rating, and neither end of it is a recommendation. All income ETFs ranked by it · How it is computed

DIPS43.1 pts behind NVDA · 1 year to Sep 18, 2026
NVDA+26.4%DIPS−16.6%43.1 pts behind NVDATotal return, distributions reinvestedNVDA+26.4%DIPS−16.6%43.1 pts behind NVDA
NVDYAbout even with NVDA · 1 year to Sep 18, 2026
NVDA+26.4%NVDY+26.3%42.6% of it arrived as cashabout even with NVDATotal return, distributions reinvestedNVDA+26.4%NVDY+26.3%42.6% cashabout even with NVDA

What they hold in common

By the books each fund has filed, DIPS and NVDY hold 0% of their money in the same securities at the same weight.

Only in each
Only in DIPSOnly in NVDY
TREASURY BILL 40.06%United States Treasury Bill 10/15/2026 19.64%
TREASURY BILL 22.09%United States Treasury Bill 02/18/2027 18.55%
TREASURY BILL 13.83%United States Treasury Bill 07/08/2027 18.32%
TREASURY BILL 12.09%United States Treasury Bill 12/10/2026 18.26%
TREASURY BILL 11.93%United States Treasury Note/Bond 2.375% 05/15/2027 17.49%
NVDA US 11/20/26 C210 10.13%
First American Government Obligations Fund 12/01/2031 2.17%
NVDA US 09/25/26 C227.5 0.24%

Weight overlap is an ETFIQ calculation: for every security both funds hold, the smaller of the two weights, summed. Above 50%, holding both is close to holding one of them twice. Holdings dated Apr 30, 2026 and Sep 21, 2026.

Performance, window by window

DIPS and NVDY over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DIPSNVDYDIPSNVDYDIPSNVDY
3 months−7.9%+6.3%9.3%9.9%−13.5 pts+0.6 pts
6 months−21.1%+21.7%16.4%23.3%−50.1 pts−7.3 pts
1 year−16.6%+26.3%35.2%42.6%−43.1 pts−0.2 pts
3 yearsnot published+264.1%not published172.4%not published−148.1 pts
Since launch−55.1%+363.5%45.4%206.2%−150.1 pts−316.7 pts
Open the live comparison on ETFIQ
DIPS and NVDY on the same fields, as of Sep 18, 2026. Source: ETFIQ.
DIPS
YieldMax(R) Short NVDA Option Income Strategy ETF
Short single-stock option income on NVDA, paying weekly
NVDY
YieldMax(R) NVDA Option Income Strategy ETF
Synthetic covered call on NVDA, paying weekly
IssuerYieldMaxYieldMax
Strategyshort single-stock option incomesynthetic covered call
BenchmarkNVIDIA (NVDA)NVIDIA (NVDA)
Paysweeklyweekly
Payout rate, annualized40.7%36.9%
Expense ratio1.05%1.09%
Cash paid, 1 year35.2%42.6%
Price change, 1 year−47.3%−22.3%
Total return, 1 year−16.6%+26.3%
Benchmark return, 1 year+26.4%+26.4%
Ahead or behind−43.1 pts−0.2 pts
Return of capital, latest estimate95%0%
Age786 days1226 days
Net assets$12m$1.4bn

DIPS in plain words

Over the year to Sep 18, 2026, DIPS paid 35.2% of its starting value in cash distributions while its price fell 47.3%. With every distribution reinvested, the fund returned −16.6%. NVIDIA (NVDA) returned +26.4% over the same days, so a holder was behind by 43.1 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 40.7%, paid weekly. YieldMax estimates that 95% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

NVDY in plain words

Over the year to Sep 18, 2026, NVDY paid 42.6% of its starting value in cash distributions while its price fell 22.3%. With every distribution reinvested, the fund returned +26.3%. NVIDIA (NVDA) returned +26.4% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 36.9%, paid weekly. YieldMax estimates that 0% of the distribution paid Sep 18, 2026 was a return of capital (19a-1 notice, estimated, a tax characterization rather than a measure of erosion).

Questions people ask

Which paid more, DIPS or NVDY?
Over the year to Sep 18, 2026, DIPS paid 35.2% of its starting price in cash and NVDY paid 42.6%, so NVDY paid more. Cash paid is not the same as money made: the price change matters too.
Which returned more once distributions are counted, DIPS or NVDY?
With every distribution reinvested, DIPS returned −16.6% and NVDY returned +26.3% over the year to Sep 18, 2026, so NVDY returned more.
Which is cheaper, DIPS or NVDY?
DIPS charges 1.05% a year and NVDY charges 1.09%, so DIPS is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

DIPS against NVDY, ETFIQ, data as of Sep 18, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, DIPS against NVDY, data as of Sep 18, 2026. https://etfiq.com/compare/income/dips-vs-nvdy Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources