DIPS: YieldMax Short NVDA Option Income Strategy ETF
YieldMax (Tidal) · Single-Stock Option Income · Tracks NVDA
Growth of $100
Green is what an investor who reinvested every payout would have; red is the price alone. The gap between them is the income. If the red line keeps falling, the payouts are partly your own money coming back.
Was the payout earned?
Over the last year DIPS paid 56.6% but returned +2.0% in total, so about 8% of the payout was earned; the rest came back out of the fund's own value (its price fell).
| Earned % (3 months) | 93% |
| Earned % (1 year) | 8% |
| Earned % (full history, up to 5 yrs) | -81% |
Earned % = total return ÷ payouts. 100% means every dollar paid out was earned; below 100% means part of it came from the fund's own value. This is an economic measure based on market price, not the tax label on the payout.
Where the DT Score comes from
Total 37.4 / 100 · rank #241 of 420. How the score works
Risk
| Sortino ratio (1Y) | -0.06 |
| Sharpe ratio (1Y) | -0.04 |
| Steadiness vs S&P 500 | 44% |
| Beta to S&P 500 | -1.40 |
| Correlation to S&P 500 | -0.62 |
| Max drop (1Y) | -28.0% |
| Max drop (up to 5 yrs) | -60.9% |
| Trend | Mixed |
| History | 2.3 yrs |
Vs. NVDA (what it's built on)
| Upside capture | -76% |
| Downside capture | -80% |
| Capture ratio | – |
| Beta | -0.77 |
| Correlation | -0.97 |
| Tracking | Weakly |
On days NVDA rose, DIPS caught -76% of the gain; on days it fell, DIPS took -80% of the loss.
Payout history
Each bar is one payout (last 36 shown). Pays Weekly.
| Ex-date | Amount |
|---|---|
| 2026-11-05 | $0.2990 |
| 2026-10-29 | $0.2120 |
| 2026-10-22 | $0.1890 |
| 2026-10-15 | $0.2020 |
| 2026-10-08 | $0.1960 |
| 2026-10-01 | $0.1960 |
| 2026-09-24 | $0.2370 |
| 2026-09-17 | $0.2530 |
| 2026-09-10 | $0.2220 |
| 2026-09-03 | $0.2290 |
| 2026-08-27 | $0.2430 |
| 2026-08-20 | $0.2310 |
Funds that track the same thing
Other NVDA income funds, ranked by DT Score. See them all · Compare DIPS with the top 3
| Fund | Category | Fwd rate | 12m yield | 1Y total ret. | Earned % 1Y | Upside capt. | Downside capt. | Tracking | DT Score | Momentum | Trend |
|---|---|---|---|---|---|---|---|---|---|---|---|
| NVIT YieldMax NVDA Performance & Distribution Target 25 ETF | Single-Stock Option Income | 27.4% | 27.4% | – | – | 78% | 75% | Closely | 52 | 17 | Downtrend |
| NVDY YieldMax NVDA Option Income Strategy ETF | Single-Stock Option Income | 34.1% | 57.4% | +4.8% | 3% | 80% | 80% | Closely | 37 | 14 | Downtrend |
| NVII REX NVDA Growth & Income ETF | Single-Stock Option Income | 69.2% | 65.8% | +3.7% | -2% | 102% | 101% | Closely | 36 | 10 | Downtrend |
| NVDW Roundhill NVDA WeeklyPay ETF | Single-Stock Option Income | 23.8% | 58.6% | -3.0% | -22% | 119% | 121% | Closely | 33 | 7 | Downtrend |
| NVYY GraniteShares YieldBOOST NVDA ETF | Single-Stock Option Income | 31.8% | 114.5% | -5.7% | -18% | 43% | 49% | Loosely | 28 | 16 | Downtrend |
| ANV GraniteShares Autocallable NVDA ETF | Autocallable / Structured Income | 15.4% | 10.8% | – | – | 17% | 13% | Loosely | – | 60 | Down (short history) |
About DIPS
| Issuer | YieldMax (Tidal) |
| Structure | ETF |
| Category | Single-Stock Option Income |
| Strategy | Synthetic short exposure plus written options; weekly income; gains when underlying falls or stays flat |
| Underlying | NVDA (short) |
| Exposure | Single Stock |
| Index linkage | No - active |
| Pays | Weekly |
| Expense ratio | 0.99% |
| Launched | 2024 |
| Uses leverage | No |
| Upside capped | Yes |
| Rate sensitivity | Neutral |
| Return of capital common | Yes |
| Tax notes | Mostly ROC |
Research notes: Short-biased; loses if stock rallies. Expense ratio is estimate - verify.
Get the weekly income report
Rankings, payout changes and yield traps, once a week.