QBTZ vs. ZIVB

Last updated Jun 4, 2026

QBTZ (Defiance Daily Target 2X Short QBTS ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. Both are actively managed. QBTZ charges 1.29%/yr vs 1.35%/yr for ZIVB.

Performance

QBTZ vs. ZIVB - Performance Comparison

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

Returns By Period

QBTZ

• 1D: 16.41%
• 1M: -74.19%
• YTD: -86.63%
• 6M: -91.97%
• 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)

QBTZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
QBTZ Defiance Daily Target 2X Short QBTS ETF	11.99%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

QBTZ vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Defiance Daily Target 2X Short QBTS ETF (QBTZ) 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

	QBTZ	ZIVB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-0.42	—	—

Drawdowns

QBTZ vs. ZIVB - Drawdown Comparison

The maximum QBTZ drawdown since its inception was -96.03%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QBTZ and ZIVB.

Drawdown Indicators

	QBTZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-96.03%	0.00%	-96.03%
Current Drawdown Current decline from peak	-95.35%	0.00%	-95.35%
Average Drawdown Average peak-to-trough decline	-55.63%	0.00%	-55.63%

Volatility

Volatility by Period

	QBTZ	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	235.15%	0.00%	+235.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	235.15%	0.00%	+235.15%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	235.15%	0.00%	+235.15%

QBTZ vs. ZIVB - Expense Ratio Comparison

QBTZ has a 1.29% expense ratio, which is lower than ZIVB's 1.35% expense ratio.

Dividends

QBTZ vs. ZIVB - Dividend Comparison

Neither QBTZ nor ZIVB has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Which ETF is better, QBTZ or ZIVB?

On fees, QBTZ is cheaper at 1.29% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, QBTZ or ZIVB?

QBTZ is cheaper with a 1.29% expense ratio, compared with 1.35% for ZIVB.

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

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

What is the main difference between QBTZ and ZIVB?

They also come from different issuers: Defiance ETFs and Volatility Shares. Their fees differ too: 1.29% for QBTZ and 1.35% for ZIVB.