ZIVB vs. IBID

Last updated Jun 4, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and IBID (iShares iBonds Oct 2027 Term TIPS ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while IBID is a Inflation-Protected Bonds fund tracking the ICE 2027 Maturity US Inflation-Linked Treasury Index. ZIVB is actively managed, while IBID is passively managed. ZIVB charges 1.35%/yr vs 0.10%/yr for IBID.

Performance

ZIVB vs. IBID - 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 iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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*: —

IBID

• 1D: 0.08%
• 1M: 0.49%
• YTD: 2.46%
• 6M: 2.57%
• 1Y: 4.83%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. IBID - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
IBID iShares iBonds Oct 2027 Term TIPS ETF	0.17%

Return for Risk

ZIVB vs. IBID — Risk / Return Rank

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

IBID

IBID Risk / Return Rank: 97
IBID Sharpe Ratio Rank: 95
IBID Sortino Ratio Rank: 97
IBID Omega Ratio Rank: 97
IBID Calmar Ratio Rank: 98
IBID Martin Ratio Rank: 96

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. IBID - 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 iShares iBonds Oct 2027 Term TIPS ETF (IBID). 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	IBID	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	3.91	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	2.56	—

Drawdowns

ZIVB vs. IBID - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum IBID drawdown of -1.28%. Use the drawdown chart below to compare losses from any high point for ZIVB and IBID.

Drawdown Indicators

	ZIVB	IBID	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-1.28%	+1.28%
Max Drawdown (1Y) Largest decline over 1 year	—	-0.36%	—
Current Drawdown Current decline from peak	0.00%	0.00%	0.00%
Average Drawdown Average peak-to-trough decline	0.00%	-0.22%	+0.22%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	0.12%	—

Volatility

Volatility by Period

	ZIVB	IBID	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.32%	—
Volatility (6M) Calculated over the trailing 6-month period	—	0.80%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	1.25%	-1.25%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	2.25%	-2.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	2.25%	-2.25%

ZIVB vs. IBID - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than IBID's 0.10% expense ratio.

Dividends

ZIVB vs. IBID - Dividend Comparison

ZIVB has not paid dividends to shareholders, while IBID's dividend yield for the trailing twelve months is around 3.66%.

Position	TTM	2025	2024	2023
IBID iShares iBonds Oct 2027 Term TIPS ETF	3.66%	4.43%	4.24%	0.81%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or IBID?

On fees, IBID is cheaper at 0.10% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or IBID?

IBID is cheaper with a 0.10% expense ratio, compared with 1.35% for ZIVB.

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

IBID has the higher dividend yield at 3.66%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and IBID?

ZIVB is categorized as Inverse Equities, while IBID is Inflation-Protected Bonds. They also come from different issuers: Volatility Shares and iShares. Their fees differ too: 1.35% for ZIVB and 0.10% for IBID.