BEZ vs. ZIVB

Last updated Jun 26, 2026

BEZ (Tradr 2X Short BE Daily ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. BEZ is passively managed, while ZIVB is actively managed. At a 0.06 correlation, their price movements are largely independent. BEZ charges 1.49%/yr vs 1.35%/yr for ZIVB.

Performance

BEZ vs. ZIVB - Performance Comparison

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

Returns By Period

BEZ

• 1D: 10.37%
• 1M: -25.67%
• 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)

BEZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
BEZ Tradr 2X Short BE Daily ETF	-29.86%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	33.28%

Correlation

The correlation between BEZ and ZIVB is 0.06, meaning there is essentially no relationship between their price movements. Each responds to its own set of market drivers, making them strong candidates for combining in a diversified portfolio.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.06

Return for Risk

BEZ vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Tradr 2X Short BE Daily ETF (BEZ) 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.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

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

Drawdowns

BEZ vs. ZIVB - Drawdown Comparison

The maximum BEZ drawdown since its inception was -96.31%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BEZ and ZIVB.

Drawdown Indicators

	BEZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-96.31%	0.00%	-96.31%
Current Drawdown Current decline from peak	-95.49%	0.00%	-95.49%
Average Drawdown Average peak-to-trough decline	-64.72%	0.00%	-64.72%

Volatility

Volatility by Period

	BEZ	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	220.90%	106.85%	+114.05%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	220.90%	106.85%	+114.05%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	220.90%	106.85%	+114.05%

BEZ vs. ZIVB - Expense Ratio Comparison

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

Dividends

BEZ vs. ZIVB - Dividend Comparison

BEZ has not paid dividends to shareholders, while ZIVB's dividend yield for the trailing twelve months is around 2.37%.

Position	TTM
BEZ Tradr 2X Short BE Daily ETF	0.00%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	2.37%

Frequently Asked Questions

Can I hold both BEZ and ZIVB in my portfolio?

BEZ and ZIVB have a correlation of 0.06, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, BEZ 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, BEZ or ZIVB?

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

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

ZIVB has the higher dividend yield at 2.37%, compared with 0.00% for BEZ.

What is the main difference between BEZ and ZIVB?

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