APLZ vs. ZIVB

Last updated Jun 6, 2026

APLZ (Tradr 2X Short APLD Daily ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. APLZ is passively managed, while ZIVB is actively managed. APLZ charges 1.49%/yr vs 1.35%/yr for ZIVB.

Performance

APLZ vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Tradr 2X Short APLD Daily ETF (APLZ) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

APLZ

• 1D: 21.29%
• 1M: -13.55%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZIVB

• 1D: 0.00%
• 1M: —
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

APLZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
APLZ Tradr 2X Short APLD Daily ETF	48.45%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

APLZ vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short APLD Daily ETF (APLZ) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	APLZ	ZIVB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.44	—	—

Drawdowns

APLZ vs. ZIVB - Drawdown Comparison

The maximum APLZ drawdown since its inception was -91.78%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for APLZ and ZIVB.

Drawdown Indicators

	APLZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-91.78%	0.00%	-91.78%
Current Drawdown Current decline from peak	-87.79%	0.00%	-87.79%
Average Drawdown Average peak-to-trough decline	-53.63%	0.00%	-53.63%

Volatility

Volatility by Period

	APLZ	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	229.43%	0.00%	+229.43%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	229.43%	0.00%	+229.43%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	229.43%	0.00%	+229.43%

APLZ vs. ZIVB - Expense Ratio Comparison

APLZ has a 1.49% expense ratio, which is higher than ZIVB's 1.35% expense ratio.

Dividends

APLZ vs. ZIVB - Dividend Comparison

Neither APLZ nor ZIVB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, APLZ or ZIVB?

On fees, ZIVB is cheaper at 1.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, APLZ or ZIVB?

ZIVB is cheaper with a 1.35% expense ratio, compared with 1.49% for APLZ.

Which ETF pays a higher dividend yield, APLZ or ZIVB?

APLZ and ZIVB have nearly identical dividend yields, around 0.00%.

What is the main difference between APLZ and ZIVB?

They also come from different issuers: Tradr and Volatility Shares. Their fees differ too: 1.49% for APLZ and 1.35% for ZIVB.