DIPS vs IVV
YieldMax Short NVDA Option Income Strategy ETF vs iShares Core S&P 500 ETF
Which is better, DIPS or IVV?
Opposite sides of the same exposure.
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees.
MarketXLS is not an investment adviser. This comparison is generated automatically from market data and is for information only. A Best mark means the better reading on that one measure, not a recommendation to buy.
Side-by-Side Comparison
| Metric | DIPS | IVV |
|---|---|---|
| Expense Ratio | 1.05% | 0.03%Best |
| AUM | $7M | $876.4B |
| Dividend Yield | 70.67% | 1.06% |
| Holdings | 15 | 508 |
| YTD Return | -14.65% | +12.39%Best |
| 1Y Return | -17.16% | +16.61%Best |
| 3Y Return (annualized) | - | +21.38% |
| 5Y Return (annualized) | - | +13.51% |
| Volatility (annualized) | 25.7% | 12.2%Best |
| Max Drawdown | -59.9% | -18.8%Best |
| $10,000 over 2.2 years | $4,388 | $14,578Best |
| Fund Family | YieldMax ETF | iShares by BlackRock (US) |
| Category | Alternative | Equity |
| Style | Option Writing | Large Cap Blend |
| Inception | Jul 23, 2024 | May 15, 2000 |
Not shown on this pair: Top 10 Weight.
Volatility and max drawdown, and the $10,000 over 2.2 years row, are measured over the window both funds cover: Jul 24, 2024 to Sep 18, 2026 (2.2 years).
DIPS vs IVV growth
Month-end closes. Both lines start at 0% in the first month shown, so the gap between them is the difference in growth across that window. The full view covers the 2.2 years both funds cover.
DIPS vs IVV Performance
YieldMax Short NVDA Option Income Strategy ETF (DIPS) is an ETF from YieldMax ETF and iShares Core S&P 500 ETF (IVV) is an ETF from iShares by BlackRock (US). Over the past year DIPS returned -17.16% while IVV returned +16.61%. Year to date, DIPS is down 14.65% versus a gain of 12.39% for IVV.
Past performance does not guarantee future results.
Risk: Volatility and Drawdowns
DIPS has been the more volatile fund, with annualized monthly volatility of 25.7% compared with 12.2% for IVV. Lower volatility generally means a smoother ride, though it often comes with lower long-run returns.
The deepest peak-to-trough decline in our data was -59.9% for DIPS and -18.8% for IVV. Drawdown depth is what each fund did in the worst stretch of the window measured above.
The two funds' monthly returns correlate at -0.57. They move opposite each other. Holding both offsets the exposure rather than spreading it, while paying both funds' fees.
Fees and Cost Over Time
DIPS charges 1.05% per year while IVV charges 0.03%. On a $10,000 position that is $105 vs $3 annually, a gap of $102 per year that compounds over a long holding period. On income, DIPS currently yields 70.67% against 1.06% for IVV.
Holdings Overlap
We hold position weights for 2 holdings in DIPS and 490 in IVV, totalling 16.3% and 99.3% of the two funds. The two books name no position in common, so there is no overlap percentage to show.
0 positions in common, counted across the 2 positions we hold weights for in DIPS and 490 in IVV, against full books of 15 and 508.
You are not choosing between two funds in isolation.
Whichever of DIPS and IVV you pick has to sit alongside everything else you own. Add the rest and see what the combination actually holds.
Free for up to 10 holdings. No account needed.
Frequently Asked Questions
Which is cheaper, DIPS or IVV?
DIPS has an expense ratio of 1.05% while IVV charges 0.03%. IVV is the cheaper option, by $102 a year on a $10,000 investment.
Which performed better, DIPS or IVV?
Over the past year DIPS returned -17.16% vs +16.61% for IVV, so IVV leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -31.23% vs +18.69% for IVV. Past performance does not guarantee future results. This is information, not a recommendation.
Which is riskier, DIPS or IVV?
DIPS has been the more volatile fund at 25.7% annualized versus 12.2% for IVV. Worst drawdown: DIPS -59.9% vs IVV -18.8%.
Should I hold both DIPS and IVV?
DIPS and IVV have a monthly-return correlation of -0.57, so they move opposite each other. Holding both offsets the exposure rather than spreading it, and pays both funds' fees on the way. This is information, not a recommendation.
Which pays a higher dividend, DIPS or IVV?
DIPS yields 70.67% while IVV yields 1.06%, so DIPS currently pays the higher dividend yield.
Is IVV better than DIPS?
IVV has a lower expense ratio. IVV led over 1Y and the full window. The two move opposite each other, correlation -0.57, so holding both offsets the exposure while paying both fees. Which one suits a particular account depends on what it is for. This is information, not a recommendation.