RISR vs. ZIVB

Last updated Jun 24, 2026

RISR (FolioBeyond Alternative Income and Interest Rate Hedge ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both exchange-traded funds - RISR is a Nontraditional Bonds fund actively managed by FolioBeyond, while ZIVB is a Inverse Equities fund actively managed by Volatility Shares. Both are actively managed. At a correlation of -0.33, they often move in opposite directions. RISR charges 1.13%/yr vs 1.35%/yr for ZIVB.

Performance

RISR vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

RISR

• 1D: -0.48%
• 1M: -0.47%
• YTD: 2.50%
• 6M: 2.49%
• 1Y: 4.15%
• 3Y*: 11.10%
• 5Y*: —
• 10Y*: —

ZIVB

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

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

RISR vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	-0.28%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	33.28%

Correlation

The correlation between RISR and ZIVB is -0.33, 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	-0.33

Return for Risk

RISR vs. ZIVB — Risk / Return Rank

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

RISR

RISR Risk / Return Rank: 25
RISR Sharpe Ratio Rank: 23
RISR Sortino Ratio Rank: 21
RISR Omega Ratio Rank: 20
RISR Calmar Ratio Rank: 33
RISR Martin Ratio Rank: 28

ZIVB

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

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.

RISR vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) 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.

	RISR	ZIVB	Difference
Sharpe ratio: Return per unit of total volatility	0.77	—	—
Sortino ratio: Return per unit of downside risk	1.13	—	—
Omega ratio: Gain probability vs. loss probability	1.14	—	—
Calmar ratio: Return relative to maximum drawdown	1.60	—	—
Martin ratio: Return relative to average drawdown	3.78	—	—

Drawdowns

RISR vs. ZIVB - Drawdown Comparison

The maximum RISR drawdown since its inception was -14.31%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for RISR and ZIVB.

Drawdown Indicators

	RISR	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-14.31%	0.00%	-14.31%
Max Drawdown (1Y) Largest decline over 1 year	-2.61%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-8.07%	—	—
Current Drawdown Current decline from peak	-0.98%	0.00%	-0.98%
Average Drawdown Average peak-to-trough decline	-2.17%	0.00%	-2.17%
Ulcer Index Depth and duration of drawdowns from previous peaks	1.10%	—	—

Volatility

Volatility by Period

	RISR	ZIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	1.31%	—	—
Volatility (6M) Calculated over the trailing 6-month period	3.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	5.42%	112.57%	-107.15%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	11.79%	112.57%	-100.78%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	11.79%	112.57%	-100.78%

RISR vs. ZIVB - Expense Ratio Comparison

RISR has a 1.13% expense ratio, which is lower than ZIVB's 1.35% expense ratio.

Dividends

RISR vs. ZIVB - Dividend Comparison

RISR's dividend yield for the trailing twelve months is around 5.95%, more than ZIVB's 2.37% yield.

Position	TTM	2025	2024	2023	2022	2021
RISR FolioBeyond Alternative Income and Interest Rate Hedge ETF	5.95%	5.95%	5.67%	7.96%	4.26%	0.30%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	2.37%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Can I hold both RISR and ZIVB in my portfolio?

RISR and ZIVB have a correlation of -0.33, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, RISR or ZIVB?

On fees, RISR is cheaper at 1.13% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, RISR or ZIVB?

RISR is cheaper with a 1.13% expense ratio, compared with 1.35% for ZIVB.

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

RISR has the higher dividend yield at 5.95%, compared with 2.37% for ZIVB.

What is the main difference between RISR and ZIVB?

RISR is categorized as Nontraditional Bonds, while ZIVB is Inverse Equities. They also come from different issuers: FolioBeyond and Volatility Shares. Their fees differ too: 1.13% for RISR and 1.35% for ZIVB.