ZIVB vs. BCI

Last updated Jun 4, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and BCI (abrdn Bloomberg All Commodity Strategy K-1 Free ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while BCI is a Commodities fund actively managed by Aberdeen. Both are actively managed. ZIVB charges 1.35%/yr vs 0.25%/yr for BCI.

Performance

ZIVB vs. BCI - 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 abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI). 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*: —

BCI

• 1D: -0.12%
• 1M: -3.06%
• YTD: 26.68%
• 6M: 25.55%
• 1Y: 38.68%
• 3Y*: 15.96%
• 5Y*: 11.07%
• 10Y*: —

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

ZIVB vs. BCI - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF	0.69%

Return for Risk

ZIVB vs. BCI — Risk / Return Rank

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

BCI

BCI Risk / Return Rank: 71
BCI Sharpe Ratio Rank: 68
BCI Sortino Ratio Rank: 61
BCI Omega Ratio Rank: 67
BCI Calmar Ratio Rank: 87
BCI Martin Ratio Rank: 70

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. BCI - 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 abrdn Bloomberg All Commodity Strategy K-1 Free ETF (BCI). 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	BCI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	2.30	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	0.66	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	0.48	—

Drawdowns

ZIVB vs. BCI - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum BCI drawdown of -32.69%. Use the drawdown chart below to compare losses from any high point for ZIVB and BCI.

Drawdown Indicators

	ZIVB	BCI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-32.69%	+32.69%
Max Drawdown (1Y) Largest decline over 1 year	—	-7.61%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-11.38%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-26.50%	—
Current Drawdown Current decline from peak	0.00%	-4.52%	+4.52%
Average Drawdown Average peak-to-trough decline	0.00%	-12.00%	+12.00%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	2.95%	—

Volatility

Volatility by Period

	ZIVB	BCI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	5.16%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	16.92%	-16.92%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.82%	-16.82%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	15.65%	-15.65%

ZIVB vs. BCI - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than BCI's 0.25% expense ratio.

Dividends

ZIVB vs. BCI - Dividend Comparison

ZIVB has not paid dividends to shareholders, while BCI's dividend yield for the trailing twelve months is around 13.01%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017
BCI abrdn Bloomberg All Commodity Strategy K-1 Free ETF	13.01%	16.49%	3.29%	3.93%	19.98%	19.43%	0.68%	1.47%	1.13%	5.02%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or BCI?

On fees, BCI is cheaper at 0.25% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or BCI?

BCI is cheaper with a 0.25% expense ratio, compared with 1.35% for ZIVB.

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

BCI has the higher dividend yield at 13.01%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and BCI?

ZIVB is categorized as Inverse Equities, while BCI is Commodities. They also come from different issuers: Volatility Shares and Aberdeen. Their fees differ too: 1.35% for ZIVB and 0.25% for BCI.