WEIX vs. ZVOL

Last updated Jun 24, 2026

WEIX (Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF) and ZVOL (Volatility Premium Plus ETF) are both Volatility funds. WEIX is actively managed, while ZVOL is passively managed. WEIX charges 0.50%/yr vs 1.35%/yr for ZVOL.

Performance

WEIX vs. ZVOL - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and Volatility Premium Plus ETF (ZVOL). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WEIX

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

ZVOL

• 1D: -0.37%
• 1M: 4.65%
• YTD: 1.12%
• 6M: -0.71%
• 1Y: 14.77%
• 3Y*: 8.01%
• 5Y*: —
• 10Y*: —

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

WEIX vs. ZVOL - Yearly Performance Comparison

	2026 (YTD)
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%
ZVOL Volatility Premium Plus ETF	3.34%

Return for Risk

WEIX vs. ZVOL — Risk / Return Rank

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

WEIX

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

ZVOL

ZVOL Risk / Return Rank: 23
ZVOL Sharpe Ratio Rank: 24
ZVOL Sortino Ratio Rank: 24
ZVOL Omega Ratio Rank: 23
ZVOL Calmar Ratio Rank: 21
ZVOL Martin Ratio Rank: 23

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.

WEIX vs. ZVOL - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and Volatility Premium Plus ETF (ZVOL). 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.

	WEIX	ZVOL	Difference
Sharpe ratio: Return per unit of total volatility	—	0.79	—
Sortino ratio: Return per unit of downside risk	—	1.29	—
Omega ratio: Gain probability vs. loss probability	—	1.15	—
Calmar ratio: Return relative to maximum drawdown	—	0.90	—
Martin ratio: Return relative to average drawdown	—	2.87	—

Drawdowns

WEIX vs. ZVOL - Drawdown Comparison

The maximum WEIX drawdown since its inception was 0.00%, smaller than the maximum ZVOL drawdown of -37.25%. Use the drawdown chart below to compare losses from any high point for WEIX and ZVOL.

Drawdown Indicators

	WEIX	ZVOL	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-37.25%	+37.25%
Max Drawdown (1Y) Largest decline over 1 year	—	-16.46%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-37.25%	—
Current Drawdown Current decline from peak	0.00%	-19.46%	+19.46%
Average Drawdown Average peak-to-trough decline	0.00%	-13.53%	+13.53%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	5.15%	—

Volatility

Volatility by Period

	WEIX	ZVOL	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	4.20%	—
Volatility (6M) Calculated over the trailing 6-month period	—	13.59%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	18.66%	-18.66%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	29.08%	-29.08%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	29.08%	-29.08%

WEIX vs. ZVOL - Expense Ratio Comparison

WEIX has a 0.50% expense ratio, which is lower than ZVOL's 1.35% expense ratio.

Dividends

WEIX vs. ZVOL - Dividend Comparison

WEIX has not paid dividends to shareholders, while ZVOL's dividend yield for the trailing twelve months is around 79.01%.

Position	TTM	2025	2024	2023
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%	0.00%	0.00%	0.00%
ZVOL Volatility Premium Plus ETF	79.01%	53.44%	30.68%	0.55%

Frequently Asked Questions

Which ETF is better, WEIX or ZVOL?

On fees, WEIX is cheaper at 0.50% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, WEIX or ZVOL?

WEIX is cheaper with a 0.50% expense ratio, compared with 1.35% for ZVOL.

Which ETF pays a higher dividend yield, WEIX or ZVOL?

ZVOL has the higher dividend yield at 79.01%, compared with 0.00% for WEIX.

What is the main difference between WEIX and ZVOL?

They also come from different issuers: Dynamic Shares Trust and Volatility Shares. Their fees differ too: 0.50% for WEIX and 1.35% for ZVOL.