# DIPS ETF returns, drawdowns and dividends

> DIPS (YieldMax Short NVDA Option Income Strategy ETF): 1-year total return -11.87%, price return -43.48%, max drawdown 46.39%, trailing yield 62.29%. Daily data through Oct. 26, 2026.

Source: https://findetfstock.com/etf/dips/ · Prices through: 2026-10-26 · Data: Yahoo Finance daily closes and ex-dividend amounts

YieldMax Short NVDA Option Income Strategy ETF (option income ETF). Total assets: $11M, average daily dollar volume $153K (3 months), as of 2026-10-26 (Yahoo Finance; fund net assets, all share classes).

DIPS lost 11.87% over the past year with dividends reinvested (-43.48% on price alone), based on closing prices through Oct. 26, 2026. Its largest fall from a peak over the past year was 46.39%, and it closed 85.77% below its highest close since July 24, 2024 ($225.21 on Aug. 7, 2024). It pays dividends weekly: $19.96 per share over the last 12 months, a trailing yield of 62.29%. 

## Returns by period

| Period | Since | Total return | Price return |
|---|---|---|---|
| 1 month | 2026-09-25 | +2.91% | +0.41% |
| 3 months | 2026-07-24 | -7.40% | -15.43% |
| 6 months | 2026-04-24 | -5.48% | -22.39% |
| Year to date | 2025-12-31 | -12.59% | -37.52% |
| 1 year | 2025-10-24 | -11.87% | -43.48% |
| 3 years | – | – | – |
| Since first close | 2024-07-24 | -54.04% (-29.15%/yr) | -84.51% (-56.25%/yr) |

Total return reinvests every dividend at the ex-dividend date close. Price return excludes dividends.

## Did the payouts keep up with the price?

Over the past year DIPS paid out 35.21% of its starting price in distributions, while its price changed -43.48%. Reinvesting every payment gave a total return of -11.87%. The distributions did not make up for the fall in price, so a holder ended the year with less than they started with, even counting every payment.

## Calendar-year returns

| Year | Total return | Price return |
|---|---|---|
| 2026 (year to date) | -12.59% | -37.52% |
| 2025 | -31.55% | -60.67% |

## Drawdowns

| Measure | Value |
|---|---|
| Max drawdown, 1 year | 46.39% |
| Max drawdown, 3 years | 86.60% |
| Max drawdown, 5 years | 86.60% |
| Highest close since 2024-07-24 | $225.21 on 2024-08-07 (-85.77% from there) |
| 52-week closing range | $30.19 to $56.70 |

Deepest fall in the stored history: 86.60%, from 2024-08-07 to 2026-10-06, not yet recovered.

## Dividends

Trailing 12 months: $19.96 per share in 52 payments, yield 62.29%. Last ex-dividend date: 2026-10-22 ($0.19).

| Year | Dividends per share | Payments |
|---|---|---|
| 2026 (so far) | $14.07 | 43 |
| 2025 | $49.36 | 22 |

Historical data for research and education, not investment advice. Methodology: https://findetfstock.com/methodology/