DIPSYieldMax Short NVDA Option Income Strategy ETF
Seeks current income while providing inverse exposure to the share price of NVIDIA Corporation.
By YieldMax ETFs · Launched 2024
Annual Cost
1.05%
#5,496 of 6,040 · expensive
Fund Size
$7M
#5,156 of 6,040 · small
Return (1Y)
-16.0%
Track Record
2 years
#3,623 of 6,040 · seasoned
Performance
Total-return NAV · USDGrowth of $10,000
$8,317-16.8%
Total-return NAV, USD. Net of fund fees, before tax.
What's inside
How Beacon categorizes this fundAsset class
EquityStrategy
Option income
Holdings
By weightConcentration
Top 10 holdings = 103.2% of fundconcentrated
TREASURY BILL
33.6%
TREASURY BILL
18.5%
First American Government Obli
18.0%
TREASURY BILL
11.6%
TREASURY BILL
10.1%
TREASURY BILL
10.0%
N/A
1.2%
N/A
0.0%
N/A
0.0%
N/A
0.0%
Asset allocation
Cash
70.3%
Bonds
48.2%
Other
0.9%
Risk profile
Last 12 months · Sharpe & Sortino need 3+ yearsVolatility (1Y)
30.8%High
Year-on-year price swings
Max drawdown
-59.9%Severe
Worst peak-to-trough loss
Sharpe (3Y)
Unavailable
Needs 3+ years of history
Sortino (3Y)
Not yet
Needs 3+ years of history
Listing
- Exchange
- NYSE Arca
Full fund details
- Objective
- Seeks current income while providing inverse exposure to the share price of NVIDIA Corporation.
- Strategy
- Actively managed ETF that seeks current income while providing indirect inverse exposure to the share price of NVIDIA Corporation. Employs synthetic covered put strategies to generate options premiums and manage potential losses from share price increases.
- Inception date
- July 23, 2024
- Fund family
- YieldMax ETFs
Similar funds
Same asset class, closest by strategy & exposureNext steps
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Data updated on 2026-09-18