ZIVB vs. BBSB

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and BBSB (JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while BBSB is a Government Bonds fund tracking the ICE U.S. Treasury 1-3 Year Bond Index. ZIVB is actively managed, while BBSB is passively managed. ZIVB charges 1.35%/yr vs 0.04%/yr for BBSB.

Performance

ZIVB vs. BBSB - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZIVB

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

BBSB

• 1D: 0.07%
• 1M: 0.13%
• YTD: 0.55%
• 6M: 0.88%
• 1Y: 3.32%
• 3Y*: 4.15%
• 5Y*: —
• 10Y*: —

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

ZIVB vs. BBSB - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	0.03%

Return for Risk

ZIVB vs. BBSB — Risk / Return Rank

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

BBSB

BBSB Risk / Return Rank: 84
BBSB Sharpe Ratio Rank: 82
BBSB Sortino Ratio Rank: 93
BBSB Omega Ratio Rank: 88
BBSB Calmar Ratio Rank: 77
BBSB Martin Ratio Rank: 82

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.

ZIVB vs. BBSB - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) and JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF (BBSB). 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.

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

Sharpe Ratios by Period

	ZIVB	BBSB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.64	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.36	—

Drawdowns

ZIVB vs. BBSB - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum BBSB drawdown of -1.57%. Use the drawdown chart below to compare losses from any high point for ZIVB and BBSB.

Drawdown Indicators

	ZIVB	BBSB	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.57%	+1.57%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.86%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-0.96%	—
Current Drawdown Current decline from peak	0.00%	-0.18%	+0.18%
Average Drawdown Average peak-to-trough decline	0.00%	-0.31%	+0.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.21%	—

Volatility

Volatility by Period

	ZIVB	BBSB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.36%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.27%	-1.27%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	1.66%	-1.66%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	1.66%	-1.66%

ZIVB vs. BBSB - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than BBSB's 0.04% expense ratio.

Dividends

ZIVB vs. BBSB - Dividend Comparison

ZIVB has not paid dividends to shareholders, while BBSB's dividend yield for the trailing twelve months is around 3.81%.

Position	TTM	2025	2024	2023
BBSB JPMorgan BetaBuilders U.S. Treasury Bond 1-3 Year ETF	3.81%	3.69%	4.84%	3.50%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or BBSB?

On fees, BBSB is cheaper at 0.04% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or BBSB?

BBSB is cheaper with a 0.04% expense ratio, compared with 1.35% for ZIVB.

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

BBSB has the higher dividend yield at 3.81%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and BBSB?

ZIVB is categorized as Inverse Equities, while BBSB is Government Bonds. They also come from different issuers: Volatility Shares and JPMorgan. Their fees differ too: 1.35% for ZIVB and 0.04% for BBSB.