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SDD vs. ZIVB
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

SDD vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in ProShares UltraShort SmallCap600 (SDD) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


SDD

1D
3.63%
1M
2.05%
YTD
-23.94%
6M
-22.77%
1Y
-41.53%
3Y*
-23.30%
5Y*
-14.95%
10Y*
-26.75%

ZIVB

1D
0.00%
1M
YTD
6M
1Y
3Y*
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

SDD vs. ZIVB - Yearly Performance Comparison


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Return for Risk

SDD vs. ZIVB — Risk / Return Rank

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

SDD
SDD Risk / Return Rank: 11
Overall Rank
SDD Sharpe Ratio Rank: 11
Sharpe Ratio Rank
SDD Sortino Ratio Rank: 11
Sortino Ratio Rank
SDD Omega Ratio Rank: 11
Omega Ratio Rank
SDD Calmar Ratio Rank: 00
Calmar Ratio Rank
SDD Martin Ratio Rank: 11
Martin Ratio Rank

ZIVB
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.

SDD vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares UltraShort SmallCap600 (SDD) 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.


SDDZIVBDifference
Sharpe ratioReturn per unit of total volatility

Sortino ratioReturn per unit of downside risk

Omega ratioGain probability vs. loss probability

0.81

Calmar ratioReturn relative to maximum drawdown

-0.95

Martin ratioReturn relative to average drawdown

-1.56

SDD vs. ZIVB - Sharpe Ratio Comparison


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Sharpe Ratios by Period


SDDZIVBDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-1.15

Sharpe Ratio (5Y)

Calculated over the trailing 5-year period

-0.35

Sharpe Ratio (10Y)

Calculated over the trailing 10-year period

-0.59

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.59

Drawdowns

SDD vs. ZIVB - Drawdown Comparison

The maximum SDD drawdown since its inception was -99.93%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for SDD and ZIVB.


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Drawdown Indicators


SDDZIVBDifference

Max Drawdown

Largest peak-to-trough decline

-99.93%

0.00%

-99.93%

Max Drawdown (1Y)

Largest decline over 1 year

-43.74%

Max Drawdown (3Y)

Largest decline over 3 years

-65.26%

Max Drawdown (5Y)

Largest decline over 5 years

-67.68%

Max Drawdown (10Y)

Largest decline over 10 years

-96.21%

Current Drawdown

Current decline from peak

-99.93%

0.00%

-99.93%

Average Drawdown

Average peak-to-trough decline

-86.92%

0.00%

-86.92%

Ulcer Index

Depth and duration of drawdowns from previous peaks

26.68%

Volatility

SDD vs. ZIVB - Volatility Comparison


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Volatility by Period


SDDZIVBDifference

Volatility (1M)

Calculated over the trailing 1-month period

9.35%

Volatility (6M)

Calculated over the trailing 6-month period

24.32%

Volatility (1Y)

Calculated over the trailing 1-year period

36.17%

0.00%

+36.17%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

43.23%

0.00%

+43.23%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

45.16%

0.00%

+45.16%

SDD vs. ZIVB - Expense Ratio Comparison

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


Dividends

SDD vs. ZIVB - Dividend Comparison

SDD's dividend yield for the trailing twelve months is around 6.11%, while ZIVB has not paid dividends to shareholders.


PositionTTM20252024202320222021202020192018
SDD
ProShares UltraShort SmallCap600
6.11%5.07%4.34%3.84%0.33%0.00%0.00%1.20%0.52%
ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Frequently Asked Questions


On fees, SDD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

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

SDD has the higher dividend yield at 6.11%, compared with 0.00% for ZIVB.

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

Portfolio Optimizer

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