DIPS Dividend Calculator
YieldMax NVDA Option Income Strategy ETF — Project your returns with dividend reinvestment (DRIP). Pays weekly.
Scenarios
Three realistic paths for high-yield funds: yield holds, yield compresses, yield normalizes. Click any card to load it.
This projection holds the yield constant. Deciding whether that assumption is reasonable means looking at what drives the payout: the underlying company or holdings, their earnings outlook and volatility. Koyfin lets you compare that assumption with the stock's actual history and outlook.
Research in Koyfin →7-day full-access trial · 20% off paid plansWhat is DIPS?
DIPS is a YieldMax "short" or "bear" strategy ETF. Unlike most YieldMax funds that profit when the underlying rises, DIPS uses put option spreads on NVDA to generate income while providing inverse exposure. When NVDA declines, the fund benefits from both the option premium and the directional move.
Latest DIPS distribution
- Per share
- $0.2383
- Distribution rate
- 35.53%
- 30-day SEC yield
- 2.88%
- ROC %
- 91.01%
- Declared
- Aug 12, 2026
- Ex-date
- Aug 13, 2026
- Payable
- Aug 14, 2026
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How DIPS generates income
DIPS is a YieldMax "short" or "bear" strategy ETF. Unlike most YieldMax funds that profit when the underlying rises, DIPS uses put option spreads on NVDA to generate income while providing inverse exposure. When NVDA declines, the fund benefits from both the option premium and the directional move.
Distributions come from the premiums collected by selling put spreads. These premiums tend to be higher when NVDA is volatile, which is why distribution amounts vary significantly from week to week. The fund uses U.S. Treasury securities as collateral for the options positions.
The key risk is that DIPS loses value when NVDA rises. It's designed as a tactical income tool for investors who are bearish on NVDA, not as a long-term hold. The weekly distributions may include a significant return-of-capital (ROC) component, which is not taxable income but reduces your cost basis.
About the DIPS Dividend Calculator
This DIPS dividend calculator projects how your position grows with and without DRIP (Dividend Reinvestment). Every input is prefilled with live DIPS data — current price, latest per-share distribution, detected payment frequency, and historical CAGR — so you can hit calculate immediately, or override any field to model your own assumptions.
The DIPS DRIP calculator runs two parallel scenarios: one where every distribution is reinvested into more DIPS shares, and one where distributions are taken as cash and never compounded. The gap between the two curves is the compounding premium — the extra wealth you build by letting DIPS dividends buy more shares over time. Extra monthly contributions, tax rates, and custom dividend growth rates are all supported, and every calculation runs in your browser with no additional API calls after page load.
Why this calculator is more accurate than most
Traditional DRIP calculators treat dividend-per-share and share-price as two independent quantities that grow at their own separate rates. That works fine for stocks like SCHD or KO, where management sets the payout and the stock price moves with the business. It breaks badly for option-income ETFs like MSTY, NVDY, or TSLY, where distributions are sourced from option premium on the underlying — meaning the dividend dollar is mechanically a fraction of NAV, not a separate variable. Let those two quantities compound independently and you get absurd outputs (trillion-dollar portfolios from $10K) because the implied yield silently grows to 400%+ as price collapses faster than the dollar dividend.
We solve this with two projection modes. Dividend Growth mode is the standard model — correct for dividend-growth stocks and traditional income ETFs. Yield-on-NAV mode (auto-selected when starting yield exceeds 20%) locks the forward yield and recomputes distributions each year asyield × current NAV, so as price falls, dividend-per-share falls proportionally. This matches the physics of option-income funds and produces realistic projections instead of fantasy numbers.
You can toggle between the two modes above the input form. For DIPS — a YieldMax option-income ETF — yield-on-NAV is the default and we recommend keeping it on.
The two levers that change results the most are the growth assumptions and the holding period. For a volatile, high-yield fund, a 0% or slightly negative growth assumption is usually more realistic than extrapolating a historical CAGR, because distribution levels often decay as implied volatility normalizes. For stable dividend ETFs and index funds, the 5Y CAGR is a reasonable baseline. The DIPS dividend history page shows every past payment in detail, and the total return analyzer strips out NAV erosion to show your real yield.