-1x Short VIX Mid-Term Futures Strategy ETF (ZIVB)
ZIVB is an actively managed ETF by Volatility Shares. ZIVB launched on Apr 17, 2023 and has a 1.35% expense ratio.
ETF Info
| Issuer | Volatility Shares |
|---|---|
| Inception Date | Apr 17, 2023 |
| Category | Inverse Equities, Leveraged |
| Leveraged | 1x |
| Index Tracked | No Index (Active) |
| Asset Class | Equity |
Expense Ratio
ZIVB has a high expense ratio of 1.35%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Popular comparisons: ZIVB vs. YMAX, ZIVB vs. SVXY, ZIVB vs. DXYZ, ZIVB vs. RISR, ZIVB vs. SVOL, ZIVB vs. VIXM, ZIVB vs. SVIX, ZIVB vs. QQQY, ZIVB vs. UVXY, ZIVB vs. TQQQ
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in -1x Short VIX Mid-Term Futures Strategy ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
-1x Short VIX Mid-Term Futures Strategy ETF had a return of 6.85% year-to-date (YTD) and 13.59% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | 6.85% | 18.10% |
| 1 month | -5.43% | 1.42% |
| 6 months | 5.00% | 10.08% |
| 1 year | 13.59% | 26.58% |
| 5 years (annualized) | N/A | 13.42% |
| 10 years (annualized) | N/A | 10.87% |
Monthly Returns
The table below presents the monthly returns of ZIVB, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | 4.04% | 3.57% | -1.58% | 3.09% | 10.49% | -2.13% | -0.88% | -4.08% | 6.85% | ||||
| 2023 | -2.65% | 6.90% | 22.12% | 5.42% | 1.54% | -1.91% | -6.00% | 17.70% | 2.72% | 51.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of ZIVB is 22, indicating that it is in the bottom 22% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
-1x Short VIX Mid-Term Futures Strategy ETF granted a 19.60% dividend yield in the last twelve months. The annual payout for that period amounted to $4.00 per share.
| Period | TTM | 2023 |
|---|---|---|
| Dividend | $4.00 | $0.12 |
Dividend yield | 19.60% | 0.55% |
Monthly Dividends
The table displays the monthly dividend distributions for -1x Short VIX Mid-Term Futures Strategy ETF. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.49 | $0.00 | $3.88 | |||
| 2023 | $0.12 | $0.12 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the -1x Short VIX Mid-Term Futures Strategy ETF. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the -1x Short VIX Mid-Term Futures Strategy ETF was 27.26%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current -1x Short VIX Mid-Term Futures Strategy ETF drawdown is 12.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -27.26% | Jul 11, 2024 | 18 | Aug 5, 2024 | — | — | — |
| -18% | Sep 15, 2023 | 31 | Oct 27, 2023 | 14 | Nov 16, 2023 | 45 |
| -8.59% | Jan 24, 2024 | 57 | Apr 15, 2024 | 10 | Apr 29, 2024 | 67 |
| -8.13% | Dec 15, 2023 | 4 | Dec 20, 2023 | 12 | Jan 9, 2024 | 16 |
| -7.47% | Jul 27, 2023 | 16 | Aug 17, 2023 | 10 | Aug 31, 2023 | 26 |
Volatility
Volatility Chart
The current -1x Short VIX Mid-Term Futures Strategy ETF volatility is 10.44%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.