NBIZ vs. ZIVB

Last updated Jun 23, 2026

NBIZ (Tradr 2X Short NBIS Daily ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. NBIZ is passively managed, while ZIVB is actively managed. At a correlation of -0.41, they often move in opposite directions. NBIZ charges 1.49%/yr vs 1.35%/yr for ZIVB.

Performance

NBIZ vs. ZIVB - Performance Comparison

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

Returns By Period

NBIZ

• 1D: 2.58%
• 1M: -54.39%
• 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)

NBIZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
NBIZ Tradr 2X Short NBIS Daily ETF	-56.87%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	33.28%

Correlation

The correlation between NBIZ and ZIVB is -0.41, 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	-0.41

Return for Risk

NBIZ vs. ZIVB - Risk-Adjusted Trends Comparison

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

NBIZ vs. ZIVB - Drawdown Comparison

The maximum NBIZ drawdown since its inception was -98.35%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for NBIZ and ZIVB.

Drawdown Indicators

	NBIZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-98.35%	0.00%	-98.35%
Current Drawdown Current decline from peak	-98.31%	0.00%	-98.31%
Average Drawdown Average peak-to-trough decline	-71.75%	0.00%	-71.75%

Volatility

Volatility by Period

	NBIZ	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	213.40%	115.80%	+97.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	213.40%	115.80%	+97.60%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	213.40%	115.80%	+97.60%

NBIZ vs. ZIVB - Expense Ratio Comparison

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

Dividends

NBIZ vs. ZIVB - Dividend Comparison

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

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

Frequently Asked Questions

Can I hold both NBIZ and ZIVB in my portfolio?

NBIZ and ZIVB have a correlation of -0.41, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, NBIZ 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, NBIZ or ZIVB?

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

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

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

What is the main difference between NBIZ and ZIVB?

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