# DIPS (YieldMax(R) Short NVDA Option Income Strategy ETF)

YieldMax · Income ETFs · data as of Sep 11, 2026

Over the year to Sep 11, 2026, DIPS paid 35.2% in cash and still finished 37.9 points behind NVDA.

## Key facts

- DIPS, cash paid, 1 year, on its starting price: 35.2%, as of Sep 11, 2026.
- DIPS, total return, 1 year: −14.4%, as of Sep 11, 2026.
- DIPS, against NVDA: −37.9 pts, as of Sep 11, 2026.
- DIPS, return of capital, latest payout (YieldMax estimate): 90.5%, as of Sep 11, 2026.
- DIPS, net assets: $7m (issuer page, as of Sep 11, 2026).
- DIPS, expense ratio: 1.05% (485BPOS XBRL, Feb 24, 2026).

## DIPS over each window to Sep 11, 2026

| Window | Cash paid | Price | Total return | NVDA | Ahead or behind |
| --- | --- | --- | --- | --- | --- |
| 3 months | 9.6% | −17.4% | −8.4% | +6.5% | −14.9 pts |
| 6 months | 16.9% | −34.2% | −18.7% | +21.4% | −40.1 pts |
| 1 year | 35.2% | −45.5% | −14.4% | +23.5% | −37.9 pts |
| Since launch | 45.3% | −84.0% | −54.5% | +91.6% | −146.0 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Strategy | short single-stock option income | ETFIQ |
| Benchmark | NVIDIA (NVDA) | ETFIQ |
| Pays | weekly | ETFIQ |
| Net assets | $7m | issuer page, as of Sep 11, 2026 |
| Latest payout, annualized | 35.0% | ETFIQ |
| Expense ratio | 1.05% | 485BPOS XBRL, Feb 24, 2026 |
| Cash paid, last 12 months, over today’s price | 64.6% | ETFIQ |
| Launched | Jul 24, 2024 | ETFIQ |
| Return of capital, latest distribution | 90.5% | YieldMax 19a-1 estimate |
| Pays | weekly | ETFIQ |
| Typical gap between ex-dates | 7 days | ETFIQ |
| Typical wait from ex-date to payment | 1 day | ETFIQ |
| Last paid, per share | $0.2222 ex Sep 10, 2026 | ETFIQ |
| Sum of the last 12 distributions | $3.3665 | ETFIQ |

## Questions

### How much has DIPS paid over the last year?

Over the year to Sep 11, 2026, DIPS paid 35.2% of its starting price in cash distributions, while the price fell 45.5%.

### Is DIPS ahead of NVDA?

Over the year to Sep 11, 2026, with every distribution reinvested, DIPS returned −14.4% against +23.5% for NVIDIA (NVDA), so a holder was behind it by 37.9 points.

### How often does DIPS pay, and how much?

DIPS pays weekly. The latest distribution annualizes to 35.0% at its price on Sep 11, 2026, which is not a promise; the next one can differ.

### Is the DIPS distribution return of capital?

YieldMax estimates 90% of the distribution paid Sep 11, 2026 was return of capital. That is a tax characterization from the fund's own 19a-1 notice, not a measure of erosion.

### When does DIPS next pay a distribution?

DIPS pays weekly. The last distribution went ex on Sep 10, 2026 at $0.2222 a share. The issuer has set the next ex-date at Sep 16, 2026 but not the amount.

### What does DIPS cost?

The prospectus expense ratio is 1.05% a year.


## Cite this page

ETFIQ, DIPS, data as of Sep 11, 2026. https://etfiq.com/funds/dips
Free to use with attribution; the underlying files are at https://etfiq.com/data/.

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