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YMAX vs. ZIVB
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Key characteristics


YMAXZIVB
Daily Std Dev18.22%30.00%
Max Drawdown-12.78%-27.26%
Current Drawdown-0.99%-7.03%

Correlation

-0.50.00.51.00.6

The correlation between YMAX and ZIVB is 0.59, 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

YMAX vs. ZIVB - Performance Comparison

The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
8.61%
-4.98%
YMAX
ZIVB

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


YMAX vs. ZIVB - Expense Ratio Comparison

YMAX has a 1.28% expense ratio, which is lower than ZIVB's 1.35% expense ratio.


ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
Expense ratio chart for ZIVB: current value at 1.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.35%
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%

Risk-Adjusted Performance

YMAX vs. ZIVB - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for YieldMax Universe Fund of Option Income ETFs (YMAX) 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.


YMAX
Sharpe ratio
No data
ZIVB
Sharpe ratio
The chart of Sharpe ratio for ZIVB, currently valued at 0.77, compared to the broader market-2.000.002.004.006.000.77
Sortino ratio
The chart of Sortino ratio for ZIVB, currently valued at 1.10, compared to the broader market-2.000.002.004.006.008.0010.0012.001.10
Omega ratio
The chart of Omega ratio for ZIVB, currently valued at 1.17, compared to the broader market1.001.502.002.503.001.17
Calmar ratio
The chart of Calmar ratio for ZIVB, currently valued at 0.84, compared to the broader market0.005.0010.0015.000.84
Martin ratio
The chart of Martin ratio for ZIVB, currently valued at 3.00, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.00

YMAX vs. ZIVB - Sharpe Ratio Comparison


Chart placeholderNot enough data

Dividends

YMAX vs. ZIVB - Dividend Comparison

YMAX's dividend yield for the trailing twelve months is around 33.71%, more than ZIVB's 23.98% yield.


TTM2023
YMAX
YieldMax Universe Fund of Option Income ETFs
33.71%0.00%
ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
23.98%0.54%

Drawdowns

YMAX vs. ZIVB - Drawdown Comparison

The maximum YMAX drawdown since its inception was -12.78%, smaller than the maximum ZIVB drawdown of -27.26%. Use the drawdown chart below to compare losses from any high point for YMAX and ZIVB. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-0.99%
-7.03%
YMAX
ZIVB

Volatility

YMAX vs. ZIVB - Volatility Comparison

The current volatility for YieldMax Universe Fund of Option Income ETFs (YMAX) is 5.57%, while -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) has a volatility of 8.31%. This indicates that YMAX experiences smaller price fluctuations and is considered to be less risky than ZIVB based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JuneJulyAugustSeptemberOctoberNovember
5.57%
8.31%
YMAX
ZIVB