RVNL vs DIPS

Comparison between GRANITESHARES 2X LONG RIVN DAILY ETF (RVNL, ETF) and YIELDMAX(R) SHORT NVDA OPTION INCOME STRATEGY ETF (DIPS, ETF).

RVNL vs DIPS - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	RVNL(ETF)	DIPS(ETF)
Net Assets	$9.60M	$9.80M
Expense Ratio	N/A	1.05%
Max Drawdown	72.92%	83.93%
Sharpe Ratio	0.40	-0.95
5Y Beta	3.34	-1.49

Net Assets

RVNL

$9.60M

Winner

DIPS

$9.80M

Expense Ratio

RVNL

N/A

DIPS

1.05%

Max Drawdown

Winner

RVNL

72.92%

DIPS

83.93%

Sharpe Ratio

Winner

RVNL

0.40

DIPS

-0.95

5Y Beta

RVNL

3.34

Winner

DIPS

-1.49

RVNL vs DIPS - Historical Returns

Returns include dividend reinvestment.

Period	RVNL	DIPS
1 month	+19.63%	-3.81%
3 months	+2.30%	-9.24%
6 months	-37.35%	-7.96%
1 year	-16.81%	-25.02%
Max(CAGR)	+17.11%	-31.43%

Winner

RVNL

+19.63%

DIPS

-3.81%

Winner

RVNL

+2.30%

DIPS

-9.24%

RVNL

-37.35%

Winner

DIPS

-7.96%

Winner

RVNL

-16.81%

DIPS

-25.02%

Max(CAGR)

Winner

RVNL

+17.11%

DIPS

-31.43%

RVNL vs DIPS - Annual Returns (2024 - 2026)

Returns include dividend reinvestment.

Year	RVNL	DIPS
2026	-43.24%	-5.32%
2025	+117.81%	-31.15%
2024	N/A	-23.18%

RVNL vs DIPS Drawdown Comparison

The maximum drawdown for RVNL was -72.92%, occurring on May 19, 2026. This drawdown has not yet recovered.

The maximum drawdown for DIPS was -60.03%, occurring on May 14, 2026. This drawdown has not yet recovered.

The current RVNL drawdown is -57.98%. The current DIPS drawdown is -54.53%.

Rank	RVNL	DIPS
#1	-72.92% Dec 19, 2025 - May 19, 2026	-60.03% Aug 7, 2024 - May 14, 2026
#2	-55.35% May 20, 2025 - Dec 18, 2025	-2.82% Aug 5, 2024 - Aug 7, 2024
#3	-16.14% May 2, 2025 - May 9, 2025	-2.48% Jul 30, 2024 - Aug 1, 2024
#4	-0.52% May 13, 2025 - May 15, 2025	N/A