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ETFIQetfiq.com · independent ETF data

Data as of .

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

DIPS and NVIB both write options for income.

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

35.2%DIPS cash paid, 1 year
2.8%NVIB cash paid, 1 year
−16.6%DIPS total return, 1 year
+16.9%NVIB total return, 1 year
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
NVIBAbout even with NVDA · since launch to Sep 18, 2026
NVDA+17.1%NVIB+16.9%about even with NVDATotal return, distributions reinvestedNVDA+17.1%NVIB+16.9%about even with NVDA

Performance, window by window

DIPS and NVIB over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnCash paidAgainst the benchmark
DIPSNVIBDIPSNVIBDIPSNVIB
3 months−7.9%not published9.3%not published−13.5 ptsnot published
6 months−21.1%not published16.4%not published−50.1 ptsnot published
1 year−16.6%not published35.2%not published−43.1 ptsnot published
Since launch−55.1%+16.9%45.4%2.8%−150.1 pts−0.2 pts
Open the live comparison on ETFIQ
DIPS and NVIB 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
NVIB
Direxion NVDA Defined Income Boost ETF
Option income on NVDA, paying monthly
IssuerYieldMaxDirexion
Strategyshort single-stock option incomeoption income
BenchmarkNVIDIA (NVDA)NVIDIA (NVDA)
Paysweeklymonthly
Payout rate, annualized40.7%9.9%
Expense ratio1.05%0.97%
Cash paid, 1 year35.2%2.8% (since launch on Jul 29, 2026)
Price change, 1 year−47.3%+14.0%
Total return, 1 year−16.6%+16.9% (since launch on Jul 29, 2026)
Benchmark return, 1 year+26.4%+17.1%
Ahead or behind−43.1 pts−0.2 pts
Return of capital, latest estimate95%not published
Age786 days51 days
Net assets$12m$2m

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).

NVIB in plain words

Over the period since launch on Jul 29, 2026 to Sep 18, 2026, NVIB paid 2.8% of its starting value in cash distributions while its price rose 14.0%. With every distribution reinvested, the fund returned +16.9%. NVIDIA (NVDA) returned +17.1% over the same days, so a holder was about even. At its price on Sep 18, 2026 the latest distribution annualizes to 9.9%, paid monthly.

Questions people ask

Which is cheaper, DIPS or NVIB?
DIPS charges 1.05% a year and NVIB charges 0.97%, so NVIB 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 NVIB, 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 NVIB, data as of Sep 18, 2026. https://etfiq.com/compare/income/dips-vs-nvib Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources