DIPS vs VYM
DIPS vs VYM
YieldMax Short NVDA Option Income Strategy ETF vs Vanguard High Dividend Yield ETF
Quick Verdict
VYM has a lower expense ratio. VYM delivered stronger 1-year returns. VYM offers more diversification with 558 holdings.
Side-by-Side Comparison
| Metric | DIPS | VYM | Winner |
|---|---|---|---|
| Expense Ratio | 1.05% | 0.04% | |
| AUM | $8M | $79.0B | |
| Dividend Yield | 62.08% | 2.86% | |
| Holdings | 13 | 568 | |
| YTD Return | -13.90% | +15.80% | |
| 1Y Return | -14.87% | +26.12% | |
| 3Y Return (annualized) | - | +18.25% | |
| 5Y Return (annualized) | - | +12.51% | |
| Volatility (annualized) | 26.4% | 14.6% | |
| Max Drawdown | -59.9% | -58.8% | |
| Fund Family | YieldMax ETF | Vanguard (US) | |
| Category | Alternative | Equity | |
| Inception | Jul 23, 2024 | Nov 10, 2006 |
DIPS vs VYM Performance
YieldMax Short NVDA Option Income Strategy ETF (DIPS) is a ETF from YieldMax ETF and Vanguard High Dividend Yield ETF (VYM) is a ETF from Vanguard (US). Over the past year DIPS returned -14.87% while VYM returned +26.12%. Year to date, DIPS is down 13.90% versus a gain of 15.80% for VYM.
Risk: Volatility and Drawdowns
DIPS has been the more volatile fund, with annualized monthly volatility of 26.4% compared with 14.6% for VYM. 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 -58.8% for VYM. 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 -0.13. They move independently enough that combining them can meaningfully diversify a portfolio.
Fees and Cost Over Time
DIPS charges 1.05% per year while VYM charges 0.04%. On a $10,000 position that is $105 vs $4 annually, a gap of $101 per year that compounds over a long holding period. On income, DIPS currently yields 62.08% against 2.86% for VYM.
Holdings Overlap
DIPS and VYM share 0 holdings out of 561 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 VYM?
DIPS has an expense ratio of 1.05% while VYM charges 0.04%. VYM is the cheaper option. On a $10,000 investment, that is $101 per year of difference.
Which performed better, DIPS or VYM?
Over the past year DIPS returned -14.87% vs +26.12% for VYM, so VYM leads on 1-year performance. Over the longest common window we track (2 years), DIPS annualized -32.38% vs +7.07% for VYM. Past performance does not guarantee future results.
Which is riskier, DIPS or VYM?
DIPS has been the more volatile fund at 26.4% annualized versus 14.6% for VYM. Worst drawdown: DIPS -59.9% vs VYM -58.8%.
Should I hold both DIPS and VYM?
DIPS and VYM have a monthly-return correlation of -0.13, so combining them can provide real diversification depending on your allocation goals.
What is the holdings overlap between DIPS and VYM?
DIPS and VYM share 0 common holdings with a 0.0% weight overlap. Combined, they hold 561 unique securities.
Which pays a higher dividend, DIPS or VYM?
DIPS yields 62.08% while VYM yields 2.86%, so DIPS currently pays the higher dividend yield.
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