TSLZ vs. ZIVB

Last updated Jun 3, 2026

TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. Both are actively managed. TSLZ charges 1.05%/yr vs 1.35%/yr for ZIVB.

Performance

TSLZ vs. ZIVB - Performance Comparison

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

Returns By Period

TSLZ

• 1D: -3.70%
• 1M: -18.37%
• YTD: -5.60%
• 6M: -16.90%
• 1Y: -64.61%
• 3Y*: —
• 5Y*: —
• 10Y*: —

ZIVB

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

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

TSLZ vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	8.11%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%

Return for Risk

TSLZ vs. ZIVB — Risk / Return Rank

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

TSLZ

TSLZ Risk / Return Rank: 3
TSLZ Sharpe Ratio Rank: 3
TSLZ Sortino Ratio Rank: 3
TSLZ Omega Ratio Rank: 3
TSLZ Calmar Ratio Rank: 2
TSLZ Martin Ratio Rank: 3

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.

TSLZ vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ) 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.

	TSLZ	ZIVB	Difference
Sharpe ratio Return per unit of total volatility	-0.71	—	—
Sortino ratio Return per unit of downside risk	-0.96	—	—
Omega ratio Gain probability vs. loss probability	0.89	—	—
Calmar ratio Return relative to maximum drawdown	-0.83	—	—
Martin ratio Return relative to average drawdown	-1.06	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	TSLZ	ZIVB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.71	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.67	—	—

Drawdowns

TSLZ vs. ZIVB - Drawdown Comparison

The maximum TSLZ drawdown since its inception was -99.11%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for TSLZ and ZIVB.

Drawdown Indicators

	TSLZ	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-99.11%	0.00%	-99.11%
Max Drawdown (1Y) Largest decline over 1 year	-76.62%	—	—
Current Drawdown Current decline from peak	-99.01%	0.00%	-99.01%
Average Drawdown Average peak-to-trough decline	-75.32%	0.00%	-75.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	60.42%	—	—

Volatility

Volatility by Period

	TSLZ	ZIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	24.08%	—	—
Volatility (6M) Calculated over the trailing 6-month period	54.94%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	91.67%	0.00%	+91.67%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	117.13%	0.00%	+117.13%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	117.13%	0.00%	+117.13%

TSLZ vs. ZIVB - Expense Ratio Comparison

TSLZ has a 1.05% expense ratio, which is lower than ZIVB's 1.35% expense ratio.

Dividends

TSLZ vs. ZIVB - Dividend Comparison

TSLZ's dividend yield for the trailing twelve months is around 0.73%, while ZIVB has not paid dividends to shareholders.

Position	TTM	2025	2024	2023
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.73%	0.69%	2.08%	12.15%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, TSLZ or ZIVB?

On fees, TSLZ is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, TSLZ or ZIVB?

TSLZ is cheaper with a 1.05% expense ratio, compared with 1.35% for ZIVB.

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

TSLZ has the higher dividend yield at 0.73%, compared with 0.00% for ZIVB.

What is the main difference between TSLZ and ZIVB?

They also come from different issuers: T-Rex and Volatility Shares. Their fees differ too: 1.05% for TSLZ and 1.35% for ZIVB.