Data as of Nov 4, 2026.
DIPS vs NVIB: Dividend Yield & Total Return
DIPS and NVIB both write options for income.
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Net assets on Nov 3, 2026: $7.5m for YieldMax Short NVDA Option Income Strategy ETF and $2.2m for Direxion NVDA Defined Income Boost ETF.
DIPS over 1 year: paid 37.7%, price −36.3%, total −1.0%, short NVDA −13.8%, +12.8 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.NVIB since launch: paid 5.7%, price +0.2%, total +5.5%, NVDA +5.4%, +0.1 pts. Data to Nov 4, 2026.
Data to Nov 4, 2026.Pair scorecard
NVIB costs 0.08 points a year less; DIPS is 3.4 times larger.
Points (pts) are percentage points.
| Measure | DIPS | NVIB |
|---|---|---|
| Paid and earned | ||
| Total return, 1 year | −1.0% | not published |
| Price change | fell 36.3% (1 year) | rose 0.2% (since Jul 29, 2026) |
| Return of capital, issuer estimate | 91% of the Oct 30, 2026 payment | 52% of the Nov 2, 2026 payment |
| Against its benchmark | ||
| Benchmark | NVIDIA (NVDA) held short | NVIDIA (NVDA) |
| Cost and size | ||
| Expense ratio | 1.05% | 0.97% |
| Net assets, as of Nov 3, 2026 | $7.5m | $2.2m |
| Holdings | ||
| Holdings in common | 0% | |
What they share
By the books each fund has filed, DIPS and NVIB hold 0% of their money in the same securities at the same weight. Holdings dated Jul 31, 2026 and Nov 4, 2026.
half
0% in common
Only in one fund ↓
Side by side
As of Nov 4, 2026. Source: ETFIQ. Cash paid: distributions over the window, as a share of the starting price. Payout rate: the latest payment, annualized, over today’s price.
Window by window
| Total return | Cash paid | Against the benchmark | ||||
|---|---|---|---|---|---|---|
| Window | DIPS | NVIB | DIPS | NVIB | DIPS | NVIB |
| 3 months | +4.9% | −8.2% | 8.5% | 5.0% | −1.2 pts | +0.4 pts |
| 6 months | −2.3% | – | 17.2% | – | +1.4 pts | – |
| 1 year | −1.0% | – | 37.7% | – | +12.8 pts | – |
| Since launchNot the same days: DIPS Jul 2024 · NVIB Jul 2026 | −51.9% | +5.5% | 46.0% | 5.7% | +12.9 pts | 0.0 pts |
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DIPS
Over the year to Nov 4, 2026, DIPS paid 37.7% of its starting value in cash distributions while its price fell 36.3%. With every distribution reinvested, the fund returned −1.0%. NVIDIA (NVDA) held short returned −13.8% over the same days, so a holder was ahead by 12.8 pts. At its price on Nov 4, 2026 the latest distribution annualizes to 33.1%, paid weekly. YieldMax estimates that 91% of the distribution paid Oct 30, 2026 was a return of capital (its 19a-1 notice). That is a tax label, not a measure of erosion.
NVIB
Over the period from its first trade on Jul 29, 2026 to Nov 4, 2026, NVIB paid 5.7% of its starting value in cash distributions while its price rose 0.2%. With every distribution reinvested, the fund returned +5.5%. NVIDIA (NVDA) returned +5.4% over the same days, so a holder was about even. At its price on Nov 4, 2026 the latest distribution annualizes to 10.9%, paid monthly. Direxion estimates that 52% of the distribution paid Nov 2, 2026 was a return of capital (its 19a-1 notice).
Questions people ask
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How this is computed
Overlap adds up the smaller of the two weights for each security both funds hold.
Every number is an ETFIQ calculation with distributions reinvested.
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ETFIQ, DIPS against NVIB, data as of Nov 4, 2026. https://etfiq.com/compare/income/dips-vs-nvib
ETFIQ. (Nov 4, 2026). DIPS against NVIB. Retrieved from https://etfiq.com/compare/income/dips-vs-nvib
[DIPS against NVIB (ETFIQ, Nov 4, 2026)](https://etfiq.com/compare/income/dips-vs-nvib)
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