QQDN vs. ZIVB

Last updated Jun 5, 2026

QQDN (ProShares UltraShort QQQ Mega) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. QQDN is passively managed, while ZIVB is actively managed. QQDN charges 0.95%/yr vs 1.35%/yr for ZIVB.

Performance

QQDN vs. ZIVB - Performance Comparison

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

Returns By Period

QQDN

• 1D: -0.14%
• 1M: -6.55%
• YTD: -17.46%
• 6M: -13.39%
• 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)

QQDN vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
QQDN ProShares UltraShort QQQ Mega	3.79%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

QQDN vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort QQQ Mega (QQDN) 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

	QQDN	ZIVB	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	-1.21	—	—

Drawdowns

QQDN vs. ZIVB - Drawdown Comparison

The maximum QQDN drawdown since its inception was -50.19%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for QQDN and ZIVB.

Drawdown Indicators

	QQDN	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-50.19%	0.00%	-50.19%
Current Drawdown Current decline from peak	-47.00%	0.00%	-47.00%
Average Drawdown Average peak-to-trough decline	-30.23%	0.00%	-30.23%

Volatility

Volatility by Period

	QQDN	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	38.51%	0.00%	+38.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	38.51%	0.00%	+38.51%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.51%	0.00%	+38.51%

QQDN vs. ZIVB - Expense Ratio Comparison

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

Dividends

QQDN vs. ZIVB - Dividend Comparison

QQDN's dividend yield for the trailing twelve months is around 4.93%, while ZIVB has not paid dividends to shareholders.

Position	TTM	2025
QQDN ProShares UltraShort QQQ Mega	4.93%	3.42%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, QQDN or ZIVB?

On fees, QQDN 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, QQDN or ZIVB?

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

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

QQDN has the higher dividend yield at 4.93%, compared with 0.00% for ZIVB.

What is the main difference between QQDN and ZIVB?

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