BNKD vs. ZIVB

Last updated Jun 5, 2026

BNKD (MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. BNKD is passively managed, while ZIVB is actively managed. BNKD charges 0.95%/yr vs 1.35%/yr for ZIVB.

Performance

BNKD vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

BNKD

• 1D: -10.32%
• 1M: -15.34%
• YTD: -28.25%
• 6M: -36.58%
• 1Y: -69.69%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZIVB

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

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

BNKD vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
BNKD MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs	-15.15%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

BNKD vs. ZIVB — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BNKD

BNKD Risk / Return Rank: 1
BNKD Sharpe Ratio Rank: 1
BNKD Sortino Ratio Rank: 0
BNKD Omega Ratio Rank: 0
BNKD Calmar Ratio Rank: 0
BNKD Martin Ratio Rank: 2

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BNKD vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors U.S. Big Banks Index -3X Inverse Leveraged ETNs (BNKD) 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.

	BNKD	ZIVB	Difference
Sharpe ratio: Return per unit of total volatility	-1.20	—	—
Sortino ratio: Return per unit of downside risk	-2.40	—	—
Omega ratio: Gain probability vs. loss probability	0.75	—	—
Calmar ratio: Return relative to maximum drawdown	-1.00	—	—
Martin ratio: Return relative to average drawdown	-1.41	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	BNKD	ZIVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.20	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.86	—	—

Drawdowns

BNKD vs. ZIVB - Drawdown Comparison

The maximum BNKD drawdown since its inception was -85.90%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for BNKD and ZIVB.

Drawdown Indicators

	BNKD	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-85.90%	0.00%	-85.90%
Max Drawdown (1Y) Largest decline over 1 year	-70.14%	—	—
Current Drawdown Current decline from peak	-85.90%	0.00%	-85.90%
Average Drawdown Average peak-to-trough decline	-64.08%	0.00%	-64.08%
Ulcer Index Depth and duration of drawdowns from previous peaks	49.49%	—	—

Volatility

Volatility by Period

	BNKD	ZIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	17.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.63%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	58.20%	0.00%	+58.20%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	74.59%	0.00%	+74.59%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	74.59%	0.00%	+74.59%

BNKD vs. ZIVB - Expense Ratio Comparison

BNKD has a 0.95% expense ratio, which is lower than ZIVB's 1.35% expense ratio.

Dividends

BNKD vs. ZIVB - Dividend Comparison

Neither BNKD nor ZIVB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, BNKD or ZIVB?

On fees, BNKD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, BNKD or ZIVB?

BNKD is cheaper with a 0.95% expense ratio, compared with 1.35% for ZIVB.

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

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

What is the main difference between BNKD and ZIVB?

They also come from different issuers: REX and Volatility Shares. Their fees differ too: 0.95% for BNKD and 1.35% for ZIVB.