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ZIVB vs. FLYD
Performance
Return for Risk
Drawdowns
Volatility
Dividends

Performance

ZIVB vs. FLYD - 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 MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). The values are adjusted to include any dividend payments, if applicable.

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Returns By Period


ZIVB

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

FLYD

1D
-2.08%
1M
-17.48%
YTD
-13.05%
6M
-22.60%
1Y
-49.08%
3Y*
-55.38%
5Y*
10Y*
*Multi-year figures are annualized to reflect compound growth (CAGR)

ZIVB vs. FLYD - Yearly Performance Comparison


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Return for Risk

ZIVB vs. FLYD — Risk / Return Rank

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

ZIVB

FLYD
FLYD Risk / Return Rank: 33
Overall Rank
FLYD Sharpe Ratio Rank: 44
Sharpe Ratio Rank
FLYD Sortino Ratio Rank: 44
Sortino Ratio Rank
FLYD Omega Ratio Rank: 44
Omega Ratio Rank
FLYD Calmar Ratio Rank: 11
Calmar Ratio Rank
FLYD Martin Ratio Rank: 22
Martin Ratio Rank
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. FLYD - 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 MicroSectors Travel -3X Inverse Leveraged ETNs (FLYD). 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.

ZIVB vs. FLYD - Sharpe Ratio Comparison


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Sharpe Ratios by Period


ZIVBFLYDDifference

Sharpe Ratio (1Y)

Calculated over the trailing 1-year period

-0.66

Sharpe Ratio (All Time)

Calculated using the full available price history

-0.75

Drawdowns

ZIVB vs. FLYD - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum FLYD drawdown of -98.11%. Use the drawdown chart below to compare losses from any high point for ZIVB and FLYD.


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Drawdown Indicators


ZIVBFLYDDifference

Max Drawdown

Largest peak-to-trough decline

0.00%

-98.11%

+98.11%

Max Drawdown (1Y)

Largest decline over 1 year

-54.89%

Max Drawdown (3Y)

Largest decline over 3 years

-93.41%

Current Drawdown

Current decline from peak

0.00%

-97.99%

+97.99%

Average Drawdown

Average peak-to-trough decline

0.00%

-83.14%

+83.14%

Ulcer Index

Depth and duration of drawdowns from previous peaks

37.21%

Volatility

ZIVB vs. FLYD - Volatility Comparison


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Volatility by Period


ZIVBFLYDDifference

Volatility (1M)

Calculated over the trailing 1-month period

25.78%

Volatility (6M)

Calculated over the trailing 6-month period

59.42%

Volatility (1Y)

Calculated over the trailing 1-year period

0.00%

74.48%

-74.48%

Volatility (5Y)

Calculated over the trailing 5-year period, annualized

0.00%

83.67%

-83.67%

Volatility (10Y)

Calculated over the trailing 10-year period, annualized

0.00%

83.67%

-83.67%

ZIVB vs. FLYD - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than FLYD's 0.95% expense ratio.


Dividends

ZIVB vs. FLYD - Dividend Comparison

Neither ZIVB nor FLYD has paid dividends to shareholders.


Tickers have no history of dividend payments

Frequently Asked Questions


On fees, FLYD is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

FLYD is cheaper with a 0.95% expense ratio, compared with 1.35% for ZIVB.

ZIVB and FLYD have nearly identical dividend yields, around 0.00%.

They also come from different issuers: Volatility Shares and REX. Their fees differ too: 1.35% for ZIVB and 0.95% for FLYD.

Portfolio Optimizer

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