HOOZ vs. ZIVB
HOOZ (Defiance Daily Target 2X Short HOOD ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. HOOZ is passively managed, while ZIVB is actively managed. At a correlation of -0.38, they often move in opposite directions. HOOZ charges 1.31%/yr vs 1.35%/yr for ZIVB.
Performance
HOOZ vs. ZIVB - Performance Comparison
Loading charts...
Returns By Period
HOOZ
- 1D
- 16.13%
- 1M
- -26.74%
- 6M
- -54.35%
- YTD
- -54.21%
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZIVB
- 1D
- 0.00%
- 1M
- 2.42%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
HOOZ vs. ZIVB - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
HOOZ Defiance Daily Target 2X Short HOOD ETF | -61.36% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 33.28% |
Correlation
The correlation between HOOZ and ZIVB is -0.38, meaning they tend to move in opposite directions. This is especially valuable for risk management - when one declines, the other has historically tended to hold steady or rise.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | -0.38 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
HOOZ vs. ZIVB - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short HOOD ETF (HOOZ) 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.
Loading charts...
Drawdowns
HOOZ vs. ZIVB - Drawdown Comparison
The maximum HOOZ drawdown since its inception was -81.86%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for HOOZ and ZIVB.
Loading charts...
Drawdown Indicators
| HOOZ | ZIVB | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -81.86% | 0.00% | -81.86% |
Current DrawdownCurrent decline from peak | -78.48% | 0.00% | -78.48% |
Average DrawdownAverage peak-to-trough decline | -36.49% | 0.00% | -36.49% |
Volatility
HOOZ vs. ZIVB - Volatility Comparison
Loading charts...
Volatility by Period
| HOOZ | ZIVB | Difference | |
|---|---|---|---|
Volatility (1Y)Calculated over the trailing 1-year period | 144.22% | 82.09% | +62.13% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 144.22% | 82.09% | +62.13% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 144.22% | 82.09% | +62.13% |
HOOZ vs. ZIVB - Expense Ratio Comparison
HOOZ has a 1.31% expense ratio, which is lower than ZIVB's 1.35% expense ratio.
Dividends
HOOZ vs. ZIVB - Dividend Comparison
HOOZ has not paid dividends to shareholders, while ZIVB's dividend yield for the trailing twelve months is around 2.37%.
| Position | TTM |
|---|---|
HOOZ Defiance Daily Target 2X Short HOOD ETF | 0.00% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 2.37% |
Frequently Asked Questions
HOOZ and ZIVB have a correlation of -0.38, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, HOOZ is cheaper at 1.31% per year. The better choice depends on whether you care most about return, fees, risk, or income.
HOOZ is cheaper with a 1.31% expense ratio, compared with 1.35% for ZIVB.
ZIVB has the higher dividend yield at 2.37%, compared with 0.00% for HOOZ.
They also come from different issuers: Defiance and Volatility Shares. Their fees differ too: 1.31% for HOOZ and 1.35% for ZIVB.
Find the right allocation for HOOZ and ZIVB
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer