DIPS vs VOO

Quick Verdict

VOO has a lower expense ratio. VOO delivered stronger 1-year returns. VOO offers more diversification with 505 holdings.

Lower Fees: VOOHigher Returns: VOOMore Diversified: VOO

Side-by-Side Comparison

MetricDIPSVOOWinner
Expense Ratio1.05%0.03%
AUM$8M$979.0B
Dividend Yield62.08%1.09%
Holdings13509
YTD Return-13.90%+13.80%
1Y Return-14.87%+23.71%
3Y Return (annualized)-+21.50%
5Y Return (annualized)-+13.44%
Volatility (annualized)26.4%14.1%
Max Drawdown-59.9%-34.3%
Fund FamilyYieldMax ETFVanguard (US)
CategoryAlternativeEquity
InceptionJul 23, 2024Sep 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 -14.87% while VOO returned +23.71%. Year to date, DIPS is down 13.90% versus a gain of 13.80% for VOO.

Risk: Volatility and Drawdowns

DIPS has been the more volatile fund, with annualized monthly volatility of 26.4% 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 62.08% against 1.09% for VOO.

Holdings Overlap

0.0%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 -14.87% vs +23.71% for VOO, so VOO leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -32.38% vs +13.58% for VOO. Past performance does not guarantee future results.

Which is riskier, DIPS or VOO?

DIPS has been the more volatile fund at 26.4% 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 62.08% while VOO yields 1.09%, so DIPS currently pays the higher dividend yield.

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