The YieldMax Short NVDA Option Income Strategy ETF, trading under the symbol DIPS, is an actively managed exchange-traded fund that aims to generate consistent weekly income. It achieves this primarily by utilizing a sophisticated synthetic covered put options strategy tied to NVIDIA (NVDA) stock. This approach is designed both to collect option premiums and to offer investors inverse (or short) exposure to the price performance of NVDA shares, with potential risks mitigated through the strategic purchase of call options.

Asset class

Fixed income

Issuer

YieldMax

Domicile

US

Inception date

Jul 23, 2024

Holdings

13

ISIN

US88636X5005