ZIVB vs. ETHU

Last updated Jun 4, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and ETHU (Volatility Shares 2x Ether ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while ETHU is a Cryptocurrency fund actively managed by Volatility Shares. Both are actively managed. ZIVB charges 1.35%/yr vs 0.94%/yr for ETHU.

Performance

ZIVB vs. ETHU - 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 Volatility Shares 2x Ether ETF (ETHU). 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*: —

ETHU

• 1D: -11.44%
• 1M: -43.11%
• YTD: -71.31%
• 6M: -75.18%
• 1Y: -75.44%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. ETHU - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
ETHU Volatility Shares 2x Ether ETF	-20.50%

Return for Risk

ZIVB vs. ETHU — Risk / Return Rank

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

ETHU

ETHU Risk / Return Rank: 4
ETHU Sharpe Ratio Rank: 4
ETHU Sortino Ratio Rank: 5
ETHU Omega Ratio Rank: 5
ETHU Calmar Ratio Rank: 2
ETHU Martin Ratio Rank: 3

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. ETHU - 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 Volatility Shares 2x Ether ETF (ETHU). 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	ETHU	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.55	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.54	—

Drawdowns

ZIVB vs. ETHU - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum ETHU drawdown of -95.03%. Use the drawdown chart below to compare losses from any high point for ZIVB and ETHU.

Drawdown Indicators

	ZIVB	ETHU	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-95.03%	+95.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-91.56%	—
Current Drawdown Current decline from peak	0.00%	-95.03%	+95.03%
Average Drawdown Average peak-to-trough decline	0.00%	-69.40%	+69.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	62.34%	—

Volatility

Volatility by Period

	ZIVB	ETHU	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	20.46%	—
Volatility (6M) Calculated over the trailing 6-month period	—	93.82%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	137.60%	-137.60%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	143.09%	-143.09%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	143.09%	-143.09%

ZIVB vs. ETHU - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than ETHU's 0.94% expense ratio.

Dividends

ZIVB vs. ETHU - Dividend Comparison

ZIVB has not paid dividends to shareholders, while ETHU's dividend yield for the trailing twelve months is around 5.01%.

Position	TTM	2025	2024
ETHU Volatility Shares 2x Ether ETF	5.01%	2.31%	0.41%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or ETHU?

On fees, ETHU is cheaper at 0.94% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or ETHU?

ETHU is cheaper with a 0.94% expense ratio, compared with 1.35% for ZIVB.

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

ETHU has the higher dividend yield at 5.01%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and ETHU?

ZIVB is categorized as Inverse Equities, while ETHU is Cryptocurrency. Their fees differ too: 1.35% for ZIVB and 0.94% for ETHU.