YieldMax Short NVDA Option Income Strategy ETF (DIPS) Alternatives
YieldMax Short NVDA Option Income Strategy ETF (DIPS) belongs to the Derivative Income category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with DIPS. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to DIPS
DIPS charges 0.99% annually. Among ETFs in the Derivative Income category, these options have the lowest expense ratios among DIPS alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| iShares S&P 500 BuyWrite ETF | 0.25% | Mar 14, 2024 | DIPS vs IVVW | |
| State Street US Equity Premium Income ETF | 0.25% | Sep 5, 2024 | DIPS vs SPIN | |
| Fidelity Yield Enhanced Equity ETF | 0.28% | Apr 9, 2024 | DIPS vs FYEE | |
| Parametric Equity Premium Income ETF | 0.29% | Oct 16, 2023 | DIPS vs PAPI | |
| Invesco S&P 500 BuyWrite ETF | 0.29% | Dec 20, 2007 | DIPS vs PBP |
Best Risk-Adjusted Alternatives to DIPS
Among ETFs in the Derivative Income category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| YieldMax GOOGL Option Income Strategy ETF | 97 | Jul 27, 2023 | DIPS vs GOOY | |
| YieldMax TSM Option Income Strategy ETF | 96 | Aug 20, 2024 | DIPS vs TSMY | |
| Kurv Yield Premium Strategy Google ETF | 92 | Oct 30, 2023 | DIPS vs GOOP | |
| Amplify CWP Enhanced Dividend Income ETF | 80 | Dec 13, 2016 | DIPS vs DIVO | |
| Defiance Oil Enhanced Options Income ETF | 80 | May 9, 2024 | DIPS vs USOY |
Top Performing DIPS Alternatives (YTD)
DIPS alternatives from the Derivative Income category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| Defiance Oil Enhanced Options Income ETF | 60.22% | May 9, 2024 | DIPS vs USOY | |
| YieldMax MRNA Option Income Strategy ETF | 57.12% | Oct 23, 2023 | DIPS vs MRNY | |
| YieldMax XOM Option Income Strategy ETF | 28.99% | Aug 30, 2023 | DIPS vs XOMO | |
| YieldMax Short TSLA Option Income Strategy ETF | 20.49% | May 1, 2024 | DIPS vs CRSH | |
| Roundhill COST WeeklyPay ETF | 17.20% | Oct 23, 2025 | DIPS vs COSW |
Lowest Volatility Alternatives to DIPS
DIPS alternatives from the Derivative Income category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Global X NASDAQ 100 ESG Covered Call ETF | 0.00% | Feb 21, 2023 | DIPS vs QYLE | |
| Dividend Performers ETF | 0.00% | Dec 24, 2018 | DIPS vs IPDP | |
| FT Vest Investment Grade & Target Income ETF | 6.23% | Feb 11, 2025 | DIPS vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | 6.88% | Aug 25, 2021 | DIPS vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | 7.74% | Aug 25, 2021 | DIPS vs QRMI |
Lowest Drawdown Alternatives to DIPS
DIPS alternatives from the Derivative Income category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| FT Vest Investment Grade & Target Income ETF | -3.41% | Feb 11, 2025 | DIPS vs LQTI | |
| Global X S&P 500 Risk Managed Income ETF | -5.02% | Aug 25, 2021 | DIPS vs XRMI | |
| Global X NASDAQ 100 Risk Managed Income ETF | -5.04% | Aug 25, 2021 | DIPS vs QRMI | |
| Kensington Hedged Premium Income ETF | -6.55% | Sep 4, 2024 | DIPS vs KHPI | |
| T. Rowe Price Capital Appreciation Premium Income ... | -7.24% | Mar 26, 2025 | DIPS vs TCAL |
Other ETFs from YieldMax
Most popular YieldMax ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| YieldMax™ MSTR Option Income Strategy ETF | Derivative Income | 2 | -13.58% | Feb 21, 2024 | DIPS vs MSTY | |
| YieldMax Ultra Option Income Strategy ETF | Derivative Income | 25 | -3.71% | Feb 28, 2024 | DIPS vs ULTY | |
| YieldMax Universe Fund of Option Income ETFs | Large Cap Blend Equities | 15 | -13.13% | Jan 16, 2024 | DIPS vs YMAX | |
| YieldMax NVDA Option Income Strategy ETF | Options Trading | 87 | -1.61% | May 10, 2023 | DIPS vs NVDY | |
| YieldMax TSLA Option Income Strategy ETF | Options Trading | 70 | -10.58% | Nov 22, 2022 | DIPS vs TSLY | |
| YieldMax Magnificent 7 Fund of Option Income ETFs | Large Cap Blend Equities | 69 | -9.13% | Jan 29, 2024 | DIPS vs YMAG | |
| YieldMax PLTR Option Income Strategy ETF | Derivative Income | 55 | -13.43% | Oct 7, 2024 | DIPS vs PLTY | |
| YieldMax COIN Option Income Strategy ETF | Derivative Income | 7 | -21.78% | Aug 14, 2023 | DIPS vs CONY | |
| YieldMax Semiconductor Portfolio Option Income ETF | Derivative Income, Semiconductors | — | 10.53% | Apr 2, 2025 | DIPS vs CHPY | |
| YieldMax Bitcoin Option Income Strategy ETF | Cryptocurrency | 6 | -19.99% | Apr 22, 2024 | DIPS vs YBIT |
Often Compared With DIPS
What investors most often compare with DIPS, based on PortfoliosLab usage data.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | 83 | -6.48% | — | DIPS vs NVDA |
Compare DIPS with Any Fund or Stock
Compare DIPS with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.