RGTZ vs. ZIVB

Last updated Jun 24, 2026

RGTZ (Defiance Daily Target 2X Short RGTI ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. Both are actively managed. At a correlation of -0.19, they often move in opposite directions. RGTZ charges 1.29%/yr vs 1.35%/yr for ZIVB.

Performance

RGTZ vs. ZIVB - Performance Comparison

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

Returns By Period

RGTZ

• 1D: 1.25%
• 1M: 16.13%
• YTD: -85.18%
• 6M: -81.74%
• 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)

RGTZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
RGTZ Defiance Daily Target 2X Short RGTI ETF	0.93%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	33.28%

Correlation

The correlation between RGTZ and ZIVB is -0.19, 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	-0.19

Return for Risk

RGTZ vs. ZIVB - Risk-Adjusted Trends Comparison

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

RGTZ vs. ZIVB - Drawdown Comparison

The maximum RGTZ drawdown since its inception was -92.92%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RGTZ and ZIVB.

Drawdown Indicators

	RGTZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-92.92%	0.00%	-92.92%
Current Drawdown Current decline from peak	-91.04%	0.00%	-91.04%
Average Drawdown Average peak-to-trough decline	-44.54%	0.00%	-44.54%

Volatility

Volatility by Period

	RGTZ	ZIVB	Difference
Volatility (1Y) Calculated over the trailing 1-year period	218.33%	112.57%	+105.76%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	218.33%	112.57%	+105.76%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	218.33%	112.57%	+105.76%

RGTZ vs. ZIVB - Expense Ratio Comparison

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

Dividends

RGTZ vs. ZIVB - Dividend Comparison

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

Position	TTM
RGTZ Defiance Daily Target 2X Short RGTI ETF	0.00%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	2.37%

Frequently Asked Questions

Can I hold both RGTZ and ZIVB in my portfolio?

RGTZ and ZIVB have a correlation of -0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RGTZ or ZIVB?

On fees, RGTZ 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, RGTZ or ZIVB?

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

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

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

What is the main difference between RGTZ and ZIVB?

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