CRCD vs. ZIVB

Last updated Jun 4, 2026

CRCD (T-REX 2X Inverse CRCL Daily Target ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. Both are actively managed. CRCD charges 1.50%/yr vs 1.35%/yr for ZIVB.

Performance

CRCD vs. ZIVB - Performance Comparison

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

Returns By Period

CRCD

• 1D: 20.12%
• 1M: 35.97%
• YTD: -88.01%
• 6M: -87.46%
• 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)

CRCD vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
CRCD T-REX 2X Inverse CRCL Daily Target ETF	34.64%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

CRCD vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-REX 2X Inverse CRCL Daily Target ETF (CRCD) 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

	CRCD	ZIVB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.45	—	—

Drawdowns

CRCD vs. ZIVB - Drawdown Comparison

The maximum CRCD drawdown since its inception was -96.95%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for CRCD and ZIVB.

Drawdown Indicators

	CRCD	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-96.95%	0.00%	-96.95%
Current Drawdown Current decline from peak	-94.31%	0.00%	-94.31%
Average Drawdown Average peak-to-trough decline	-54.51%	0.00%	-54.51%

Volatility

Volatility by Period

	CRCD	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	204.54%	0.00%	+204.54%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	204.54%	0.00%	+204.54%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	204.54%	0.00%	+204.54%

CRCD vs. ZIVB - Expense Ratio Comparison

CRCD has a 1.50% expense ratio, which is higher than ZIVB's 1.35% expense ratio.

Dividends

CRCD vs. ZIVB - Dividend Comparison

Neither CRCD nor ZIVB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, CRCD 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, CRCD or ZIVB?

ZIVB is cheaper with a 1.35% expense ratio, compared with 1.50% for CRCD.

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

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

What is the main difference between CRCD and ZIVB?

They also come from different issuers: T-Rex and Volatility Shares. Their fees differ too: 1.50% for CRCD and 1.35% for ZIVB.