ZIVB vs. DOG
ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and DOG (ProShares Short Dow30) are both Inverse Equities funds. ZIVB is actively managed, while DOG is passively managed. Their 0.19 correlation means their historical movements had little consistent relationship. ZIVB charges 1.35%/yr vs 0.95%/yr for DOG.
Performance
ZIVB vs. DOG - Performance Comparison
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Returns By Period
ZIVB
- 1D
- 0.00%
- 1M
- 2.42%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
DOG
- 1D
- -1.10%
- 1M
- -1.60%
- 6M
- -5.74%
- YTD
- -7.27%
- 1Y
- -11.72%
- 3Y*
- -8.16%
- 5Y*
- -5.68%
- 10Y*
- -11.11%
- ALL TIME*
- -10.37%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $39.66M | $34.88M | $41.20M | |
| $0.00 | $0.00 | $0.00 |
ZIVB vs. DOG - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 36.51% |
DOG ProShares Short Dow30 | -3.47% |
Correlation
The correlation between ZIVB and DOG is 0.19, which is low. Their historical price movements had little consistent relationship.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | 0.19 |
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Return for Risk
ZIVB vs. DOG — Risk / Return Rank
ZIVB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
DOG
ZIVB vs. DOG - 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 ProShares Short Dow30 (DOG). 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.
| ZIVB | DOG | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.86 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.78 | — |
| Martin ratioReturn relative to average drawdown | — | -1.38 | — |
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Drawdowns
ZIVB vs. DOG - Drawdown Comparison
The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum DOG drawdown of -92.90%. Use the drawdown chart below to compare losses from any high point for ZIVB and DOG.
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Drawdown Indicators
| ZIVB | DOG | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -92.90% | +92.90% |
Max Drawdown (1Y)Largest decline over 1 year | — | -15.02% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -30.86% | — |
Max Drawdown (5Y)Largest decline over 5 years | — | -35.93% | — |
Max Drawdown (10Y)Largest decline over 10 years | — | -70.07% | — |
Current DrawdownCurrent decline from peak | 0.00% | -92.85% | +92.85% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -66.57% | +66.57% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 8.48% | — |
Volatility
ZIVB vs. DOG - Volatility Comparison
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Volatility by Period
| ZIVB | DOG | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 2.84% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 9.65% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 73.98% | 12.35% | +61.63% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.98% | 14.80% | +59.18% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.98% | 17.48% | +56.50% |
ZIVB vs. DOG - Expense Ratio Comparison
ZIVB has a 1.35% expense ratio, which is higher than DOG's 0.95% expense ratio.
Dividends
ZIVB vs. DOG - Dividend Comparison
ZIVB's dividend yield for the trailing twelve months is around 4.73%, more than DOG's 3.40% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
DOG ProShares Short Dow30 | 3.40% | 3.65% | 5.72% | 4.54% | 0.41% | 0.00% | 0.14% | 1.54% | 0.86% | 0.04% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 4.73% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ZIVB and DOG have a correlation of 0.19, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, DOG is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.
DOG is cheaper with a 0.95% expense ratio, compared with 1.35% for ZIVB.
ZIVB has the higher dividend yield at 4.73%, compared with 3.40% for DOG.
They also come from different issuers: Volatility Shares and ProShares. Their fees differ too: 1.35% for ZIVB and 0.95% for DOG.
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