MYY vs. ZIVB

Last updated Jun 4, 2026

MYY (ProShares Short S&P Mid Cap400) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. MYY is passively managed, while ZIVB is actively managed. MYY charges 0.95%/yr vs 1.35%/yr for ZIVB.

Performance

MYY vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares Short S&P Mid Cap400 (MYY) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

MYY

• 1D: 0.02%
• 1M: -3.52%
• YTD: -11.13%
• 6M: -11.03%
• 1Y: -16.67%
• 3Y*: -9.90%
• 5Y*: -5.92%
• 10Y*: -11.12%

ZIVB

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

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

MYY vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
MYY ProShares Short S&P Mid Cap400	-0.87%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

MYY vs. ZIVB — Risk / Return Rank

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

MYY

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

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.

MYY vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares Short S&P Mid Cap400 (MYY) 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.

	MYY	ZIVB	Difference
Sharpe ratio Return per unit of total volatility	-1.08	—	—
Sortino ratio Return per unit of downside risk	-1.45	—	—
Omega ratio Gain probability vs. loss probability	0.83	—	—
Calmar ratio Return relative to maximum drawdown	-0.95	—	—
Martin ratio Return relative to average drawdown	-1.75	—	—
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

	MYY	ZIVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.08	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.30	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.52	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.53	—	—

Drawdowns

MYY vs. ZIVB - Drawdown Comparison

The maximum MYY drawdown since its inception was -95.08%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for MYY and ZIVB.

Drawdown Indicators

	MYY	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-95.08%	0.00%	-95.08%
Max Drawdown (1Y) Largest decline over 1 year	-17.58%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-33.48%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-36.20%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-71.22%	—	—
Current Drawdown Current decline from peak	-95.07%	0.00%	-95.07%
Average Drawdown Average peak-to-trough decline	-72.15%	0.00%	-72.15%
Ulcer Index Depth and duration of drawdowns from previous peaks	9.56%	—	—

Volatility

Volatility by Period

	MYY	ZIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	4.41%	—	—
Volatility (6M) Calculated over the trailing 6-month period	11.40%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	15.59%	0.00%	+15.59%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	19.62%	0.00%	+19.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.25%	0.00%	+21.25%

MYY vs. ZIVB - Expense Ratio Comparison

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

Dividends

MYY vs. ZIVB - Dividend Comparison

MYY's dividend yield for the trailing twelve months is around 4.45%, while ZIVB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
MYY ProShares Short S&P Mid Cap400	4.45%	4.20%	4.92%	5.08%	0.40%	0.00%	0.05%	1.52%	0.34%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, MYY or ZIVB?

On fees, MYY 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, MYY or ZIVB?

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

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

MYY has the higher dividend yield at 4.45%, compared with 0.00% for ZIVB.

What is the main difference between MYY and ZIVB?

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