SVXY vs. ZIVB
Compare and contrast key facts about ProShares Short VIX Short-Term Futures ETF (SVXY) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB).
SVXY and ZIVB are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SVXY is a passively managed fund by ProShares that tracks the performance of the S&P 500 VIX Short-Term Futures Index (-100%). It was launched on Oct 3, 2011. ZIVB is an actively managed fund by Volatility Shares. It was launched on Apr 17, 2023.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVXY or ZIVB.
Correlation
The correlation between SVXY and ZIVB is 0.67, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SVXY vs. ZIVB - Performance Comparison
Key characteristics
SVXY:
-0.63
ZIVB:
-0.56
SVXY:
-0.61
ZIVB:
-0.55
SVXY:
0.90
ZIVB:
0.92
SVXY:
-0.35
ZIVB:
-0.59
SVXY:
-1.45
ZIVB:
-1.63
SVXY:
21.20%
ZIVB:
13.49%
SVXY:
48.41%
ZIVB:
39.30%
SVXY:
-95.25%
ZIVB:
-37.25%
SVXY:
-86.32%
ZIVB:
-32.58%
Returns By Period
The year-to-date returns for both investments are quite close, with SVXY having a -24.47% return and ZIVB slightly higher at -24.42%.
SVXY
-24.47%
-21.16%
-19.67%
-30.25%
19.02%
-7.54%
ZIVB
-24.42%
-19.80%
-21.81%
-23.46%
N/A
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
SVXY vs. ZIVB - Expense Ratio Comparison
SVXY has a 1.38% expense ratio, which is higher than ZIVB's 1.35% expense ratio.
Risk-Adjusted Performance
SVXY vs. ZIVB — Risk-Adjusted Performance Rank
SVXY
ZIVB
SVXY vs. ZIVB - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares Short VIX Short-Term Futures ETF (SVXY) 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.
Dividends
SVXY vs. ZIVB - Dividend Comparison
SVXY has not paid dividends to shareholders, while ZIVB's dividend yield for the trailing twelve months is around 40.40%.
| TTM | 2024 | 2023 | |
|---|---|---|---|
SVXY ProShares Short VIX Short-Term Futures ETF | 0.00% | 0.00% | 0.00% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 40.40% | 30.68% | 0.55% |
Drawdowns
SVXY vs. ZIVB - Drawdown Comparison
The maximum SVXY drawdown since its inception was -95.25%, which is greater than ZIVB's maximum drawdown of -37.25%. Use the drawdown chart below to compare losses from any high point for SVXY and ZIVB. For additional features, visit the drawdowns tool.
Volatility
SVXY vs. ZIVB - Volatility Comparison
ProShares Short VIX Short-Term Futures ETF (SVXY) has a higher volatility of 25.40% compared to -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) at 22.29%. This indicates that SVXY's price experiences larger fluctuations and is considered to be riskier than ZIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.