ZIVB vs. CORD

Last updated Jul 29, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and CORD (T-Rex 2X Inverse CRWV Daily Target ETF) are both Inverse Equities funds. Both are actively managed. Their -0.17 correlation means they have often moved in opposite directions in the past. ZIVB charges 1.35%/yr vs 1.50%/yr for CORD.

Performance

ZIVB vs. CORD - 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 T-Rex 2X Inverse CRWV Daily Target ETF (CORD). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

ZIVB

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

CORD

• 1D: 9.72%
• 1M: 66.72%
• 6M: -31.14%
• YTD: -75.33%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —
• ALL TIME*: —

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

Liquidity Comparison

Position	Avg. Volume Value (2W)	Avg. Volume Value (1M)	Avg. Volume Value (3M)
CORD T-Rex 2X Inverse CRWV Daily Target ETF	$26.90M	$25.29M	$26.56M
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	$0.00	$0.00	$0.00

ZIVB vs. CORD - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	36.51%
CORD T-Rex 2X Inverse CRWV Daily Target ETF	60.72%

Correlation

The correlation between ZIVB and CORD is -0.17, meaning they have often moved in opposite directions in the past. This relationship can weaken or reverse as market conditions change.

	Correlation
Correlation (All Time) Calculated using the full available price history since May 28, 2026	-0.17

Return for Risk

ZIVB vs. CORD - 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 T-Rex 2X Inverse CRWV Daily Target ETF (CORD). 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.

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

Drawdowns

ZIVB vs. CORD - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum CORD drawdown of -93.69%. Use the drawdown chart below to compare losses from any high point for ZIVB and CORD.

Drawdown Indicators

	ZIVB	CORD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-93.69%	+93.69%
Current Drawdown Current decline from peak	0.00%	-83.91%	+83.91%
Average Drawdown Average peak-to-trough decline	0.00%	-61.88%	+61.88%

Volatility

Volatility by Period

	ZIVB	CORD	Difference
Volatility (1Y) Calculated over the trailing 1-year period	73.98%	184.08%	-110.10%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	73.98%	184.08%	-110.10%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	73.98%	184.08%	-110.10%

ZIVB vs. CORD - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is lower than CORD's 1.50% expense ratio.

Dividends

ZIVB vs. CORD - Dividend Comparison

ZIVB's dividend yield for the trailing twelve months is around 4.73%, while CORD has not paid dividends to shareholders.

Position	TTM
CORD T-Rex 2X Inverse CRWV Daily Target ETF	0.00%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	4.73%

Frequently Asked Questions

Can I hold both ZIVB and CORD in my portfolio?

ZIVB and CORD have a correlation of -0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, ZIVB or CORD?

On fees, ZIVB is cheaper at 1.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or CORD?

ZIVB is cheaper with a 1.35% expense ratio, compared with 1.50% for CORD.

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

ZIVB has the higher dividend yield at 4.73%, compared with 0.00% for CORD.

What is the main difference between ZIVB and CORD?

They also come from different issuers: Volatility Shares and Tuttle Capital Management. Their fees differ too: 1.35% for ZIVB and 1.50% for CORD.