YieldMax Short NVDA Option Income Strategy ETF (DIPS)
For informational purposes only. Not financial advice.
YieldMax Short NVDA Option Income Strategy ETF (DIPS) has a last stored price of $32.42, as of the Oct 23, 2026 trading session. It has a 0.99% expense ratio and $9M in assets under management.
Holdings and weights below are as of Mar 15, 2026. In the stored portfolio snapshot, the largest listed holding is First American Government Obligs X (FGXXX) at 16.04%, and the largest sector allocation is Cash & Others at 100.0%.
YieldMax Short NVDA Option Income Strategy ETF (DIPS) ETF — Price, Holdings & Analysis
ETF Overview
Risk Metrics
- Beta: 0.00
Expense Ratio
What does DIPS hold?
| Holding | Weight |
|---|---|
| First American Government Obligs X (FGXXX) | 16.04% |
This fund data is more than 45 days old; verify current holdings with the issuer.
How Is the Fund Allocated?
| Sector | Weight |
|---|---|
| Cash & Others | 100.0% |
| Country | Weight |
|---|---|
| United States | 91.8% |
| Other | 8.2% |
Dividend Yield
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- State Street SPDR Dow Jones Industrial Average ETF Trust (DIA) — 0.16% expense ratio
- State Street Technology Select Sector SPDR ETF (XLK) — 0.08% expense ratio
- YieldMax XYZ Option Income Strategy ETF (XYZY) (Equity) — 0.99% expense ratio
- YieldMax SNOW Option Income Strategy ETF (SNOY) (Equity) — 0.99% expense ratio
- YieldMax Target 12 Semiconductor Option Income ETF (SOXY) (Equity) — 1.06% expense ratio
- YieldMax Target 12 Real Estate Option Income ETF (RNTY) — 0.99% expense ratio
- YieldMax CRCL Option Income Strategy ETF (CRCO) — 0.99% expense ratio
- YieldMax HIMS Option Income Strategy ETF (HIYY) — 0.99% expense ratio
Questions & Answers
What is DIPS and what does it track?
The YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an actively managed fund that aims to generate weekly income by implementing a synthetic covered put strategy on NVIDIA Corp (NVDA).
It seeks to provide inverse exposure to the share price movements of NVDA while collecting option premiums. The fund uses purchased call options to manage risk.
What is the expense ratio for DIPS?
The expense ratio for DIPS is 0.99%. This means that for every $1000 invested, $9.90 is used to cover the fund's operating expenses. This is significantly higher than the average expense ratio for equity ETFs, which is around 0.44%.
The higher expense ratio reflects the active management and complexity of the fund's options-based strategy. Past performance does not guarantee future results.
What are the top holdings in DIPS?
As of 2026-03-15, the top holding in DIPS is First American Government Obligs X (FGXXX), comprising 16.04% of the fund's portfolio. The fund's sector allocation is primarily in cash and other instruments, representing 100% of the portfolio.
While DIPS' strategy revolves around NVIDIA (NVDA) options, the fund's direct holdings are largely in short-term, liquid assets.
Is DIPS a good long-term investment?
DIPS is designed to generate weekly income through a specific options strategy on NVIDIA (NVDA) and is not necessarily intended as a long-term investment.
Its performance is highly dependent on the price movements of NVDA and the effectiveness of its options strategy. The fund's high expense ratio of 0.99% can also impact long-term returns.
How does DIPS compare to similar ETFs?
DIPS is unique in its focus on generating income through a synthetic covered put strategy specifically on NVIDIA (NVDA). Many income-generating ETFs use broader market indexes or sector-based approaches.
DIPS' expense ratio of 0.99% is higher than many other income ETFs, reflecting its active management and specialized strategy.
Does DIPS pay dividends?
According to the provided data, DIPS has a dividend yield of 0.00%. While the fund aims to generate income through options premiums, it may not necessarily distribute dividends regularly.
The income generated from the options strategy may be reinvested or used to cover fund expenses. Investors seeking dividend income should consider other ETFs with a history of consistent dividend payments. Past performance does not guarantee future results.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Data provided for informational purposes only.
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