Data as of .
DIPS vs NVYY: which paid, and which earned it?
Over the year NVYY paid 58.5% of its price in cash against DIPS’s 35.2%, and returned more with it reinvested.
ETFIQ Return Stability Score: DIPS scores higher
Was the payout funded by returns, or by your own capital?
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
What they hold in common
By the books each fund has filed, DIPS and NVYY hold 40% of their money in the same securities at the same weight.
| Holding | DIPS | NVYY |
|---|---|---|
| TREASURY BILL | 40.06% | 76.64% |
| Only in DIPS | Only in NVYY |
|---|---|
| TREASURY BILL 22.09% | Treasury Bill 23.36% |
| TREASURY BILL 13.83% | |
| TREASURY BILL 12.09% | |
| TREASURY BILL 11.93% |
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 Jun 30, 2026.
Performance, window by window
| Window | Total return | Cash paid | Against the benchmark | |||
|---|---|---|---|---|---|---|
| DIPS | NVYY | DIPS | NVYY | DIPS | NVYY | |
| 3 months | −7.9% | −3.5% | 9.3% | 10.2% | −13.5 pts | −9.1 pts |
| 6 months | −21.1% | +2.1% | 16.4% | 25.7% | −50.1 pts | −26.9 pts |
| 1 year | −16.6% | +5.5% | 35.2% | 58.5% | −43.1 pts | −20.9 pts |
| Since launch | −55.1% | +31.7% | 45.4% | 85.2% | −150.1 pts | −39.8 pts |
| DIPS YieldMax(R) Short NVDA Option Income Strategy ETF Short single-stock option income on NVDA, paying weekly | NVYY GraniteShares YieldBOOST NVDA ETF Synthetic covered call on NVDA, paying weekly | |
|---|---|---|
| Issuer | YieldMax | GraniteShares |
| Strategy | short single-stock option income | synthetic covered call |
| Benchmark | NVIDIA (NVDA) | NVIDIA (NVDA) |
| Pays | weekly | weekly |
| Payout rate, annualized | 40.7% | 40.8% |
| Expense ratio | 1.05% | 1.15% |
| Cash paid, 1 year | 35.2% | 58.5% |
| Price change, 1 year | −47.3% | −52.3% |
| Total return, 1 year | −16.6% | +5.5% |
| Benchmark return, 1 year | +26.4% | +26.4% |
| Ahead or behind | −43.1 pts | −20.9 pts |
| Return of capital, latest estimate | 95% | 95% |
| Age | 786 days | 493 days |
| Net assets | $12m | $27m |
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).
NVYY in plain words
Over the year to Sep 18, 2026, NVYY paid 58.5% of its starting value in cash distributions while its price fell 52.3%. With every distribution reinvested, the fund returned +5.5%. NVIDIA (NVDA) returned +26.4% over the same days, so a holder was behind by 20.9 pts. At its price on Sep 18, 2026 the latest distribution annualizes to 40.8%, paid weekly. GraniteShares estimates that 95% of the distribution paid Aug 25, 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 NVYY?
- Over the year to Sep 18, 2026, DIPS paid 35.2% of its starting price in cash and NVYY paid 58.5%, so NVYY 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 NVYY?
- With every distribution reinvested, DIPS returned −16.6% and NVYY returned +5.5% over the year to Sep 18, 2026, so NVYY returned more.
- Which is cheaper, DIPS or NVYY?
- DIPS charges 1.05% a year and NVYY charges 1.15%, 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.
Cite this page. ETFIQ, DIPS against NVYY, data as of Sep 18, 2026. https://etfiq.com/compare/income/dips-vs-nvyy Free to use with attribution; the underlying files are at Open data.