WTID vs. ZIVB

Last updated Jul 15, 2026

WTID (MicroSectors Energy -3X Inverse Leveraged ETN) and ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) are both Inverse Equities funds. WTID is passively managed, while ZIVB is actively managed. At a 0.14 correlation, their price movements are largely independent. WTID charges 0.95%/yr vs 1.35%/yr for ZIVB.

Performance

WTID vs. ZIVB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MicroSectors Energy -3X Inverse Leveraged ETN (WTID) and -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

WTID

• 1D: -0.49%
• 1M: -6.34%
• 6M: -56.54%
• YTD: -61.80%
• 1Y: -66.12%
• 3Y*: -47.07%
• 5Y*: —
• 10Y*: —

ZIVB

• 1D: 0.00%
• 1M: 2.42%
• 6M: —
• YTD: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

WTID vs. ZIVB - Yearly Performance Comparison

	2026 (YTD)
WTID MicroSectors Energy -3X Inverse Leveraged ETN	-11.40%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	33.28%

Correlation

The correlation between WTID and ZIVB is 0.14, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	0.14

Return for Risk

WTID vs. ZIVB — Risk / Return Rank

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

WTID

WTID Risk / Return Rank: 2
WTID Sharpe Ratio Rank: 2
WTID Sortino Ratio Rank: 1
WTID Omega Ratio Rank: 2
WTID Calmar Ratio Rank: 2
WTID Martin Ratio Rank: 1

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.

WTID vs. ZIVB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for MicroSectors Energy -3X Inverse Leveraged ETN (WTID) 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.

	WTID	ZIVB	Difference
Sharpe ratio: Return per unit of total volatility	-0.97	—	—
Sortino ratio: Return per unit of downside risk	-1.72	—	—
Omega ratio: Gain probability vs. loss probability	0.82	—	—
Calmar ratio: Return relative to maximum drawdown	-0.89	—	—
Martin ratio: Return relative to average drawdown	-1.42	—	—

Drawdowns

WTID vs. ZIVB - Drawdown Comparison

The maximum WTID drawdown since its inception was -90.35%, which is greater than ZIVB's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for WTID and ZIVB.

Drawdown Indicators

	WTID	ZIVB	Difference
Max Drawdown Largest peak-to-trough decline	-90.35%	0.00%	-90.35%
Max Drawdown (1Y) Largest decline over 1 year	-74.87%	—	—
Max Drawdown (3Y) Largest decline over 3 years	-87.36%	—	—
Current Drawdown Current decline from peak	-88.75%	0.00%	-88.75%
Average Drawdown Average peak-to-trough decline	-55.40%	0.00%	-55.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	46.49%	—	—

Volatility

Volatility by Period

	WTID	ZIVB	Difference
Volatility (1M) Calculated over the trailing 1-month period	23.57%	—	—
Volatility (6M) Calculated over the trailing 6-month period	55.51%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	68.48%	84.61%	-16.13%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	70.61%	84.61%	-14.00%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	70.61%	84.61%	-14.00%

WTID vs. ZIVB - Expense Ratio Comparison

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

Dividends

WTID vs. ZIVB - Dividend Comparison

WTID has not paid dividends to shareholders, while ZIVB's dividend yield for the trailing twelve months is around 2.37%.

Position	TTM
WTID MicroSectors Energy -3X Inverse Leveraged ETN	0.00%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	2.37%

Frequently Asked Questions

Can I hold both WTID and ZIVB in my portfolio?

WTID and ZIVB have a correlation of 0.14, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, WTID or ZIVB?

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

Which ETF is cheaper, WTID or ZIVB?

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

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

ZIVB has the higher dividend yield at 2.37%, compared with 0.00% for WTID.

What is the main difference between WTID and ZIVB?

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