DIPS vs VOO
YieldMax Short NVDA Option Income Strategy ETF vs Vanguard S&P 500 ETF
Quick Verdict
VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 509 holdings.
Side-by-Side Comparison
| Metric | DIPS | VOO | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.03% | |
| AUM | $7M | $997.4B | |
| Dividend Yield | 63.99% | 1.08% | |
| Holdings | 13 | 509 | |
| YTD Return | -16.40% | +13.49% | |
| 1Y Return | -16.82% | +20.64% | |
| 3Y Return (annualized) | - | +21.93% | |
| 5Y Return (annualized) | - | +12.95% | |
| Volatility (annualized) | 26.9% | 14.1% | |
| Max Drawdown | -59.9% | -34.3% | |
| Fund Family | YieldMax ETF | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 23, 2024 | Sep 7, 2010 |
DIPS vs VOO Performance
YieldMax Short NVDA Option Income Strategy ETF (DIPS) is a ETF from YieldMax ETF and Vanguard S&P 500 ETF (VOO) is a ETF from Vanguard (US). Over the past year DIPS returned -16.82% while VOO returned +20.64%. Year to date, DIPS is down 16.40% versus a gain of 13.49% for VOO.
Risk: Volatility and Drawdowns
DIPS has been the more volatile fund, with annualized monthly volatility of 26.9% compared with 14.1% for VOO. 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 -34.3% for VOO. Drawdown depth is worth weighing if you expect to sell during market stress rather than ride it out.
The two funds' monthly returns correlate at -0.58. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIPS charges 1.05% per year while VOO 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 63.99% against 1.08% for VOO.
Holdings Overlap
DIPS and VOO share 0 holdings out of 508 unique holdings combined, representing a 0.0% weight overlap.
Moderate overlap means holding both could provide meaningful diversification benefits.
Frequently Asked Questions
Which is cheaper, DIPS or VOO?
DIPS has an expense ratio of 1.05% while VOO charges 0.03%. VOO is the cheaper option. On a $10,000 investment, that is $102 per year of difference.
Which performed better, DIPS or VOO?
Over the past year DIPS returned -16.82% vs +20.64% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -32.64% vs +13.51% for VOO. Past performance does not guarantee future results.
Which is riskier, DIPS or VOO?
DIPS has been the more volatile fund at 26.9% annualized versus 14.1% for VOO. Worst drawdown: DIPS -59.9% vs VOO -34.3%.
Should I hold both DIPS and VOO?
DIPS and VOO have a monthly-return correlation of -0.58, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIPS and VOO?
DIPS and VOO share 0 common holdings with a 0.0% weight overlap. Combined, they hold 508 unique securities.
Which pays a higher dividend, DIPS or VOO?
DIPS yields 63.99% while VOO yields 1.08%, so DIPS currently pays the higher dividend yield.
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