ZIVB vs. NVDS

Last updated Jun 4, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and NVDS (Tradr 1.25X NVDA Bear Daily ETF) are both Inverse Equities funds. ZIVB is actively managed, while NVDS is passively managed. ZIVB charges 1.35%/yr vs 1.15%/yr for NVDS.

Performance

ZIVB vs. NVDS - 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 Tradr 1.25X NVDA Bear Daily ETF (NVDS). 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*: —

NVDS

• 1D: 5.56%
• 1M: -13.17%
• YTD: -25.38%
• 6M: -29.90%
• 1Y: -53.75%
• 3Y*: -64.56%
• 5Y*: —
• 10Y*: —

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

ZIVB vs. NVDS - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
NVDS Tradr 1.25X NVDA Bear Daily ETF	-1.14%

Return for Risk

ZIVB vs. NVDS — Risk / Return Rank

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

NVDS

NVDS Risk / Return Rank: 1
NVDS Sharpe Ratio Rank: 1
NVDS Sortino Ratio Rank: 1
NVDS Omega Ratio Rank: 1
NVDS Calmar Ratio Rank: 1
NVDS Martin Ratio Rank: 1

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. NVDS - 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 Tradr 1.25X NVDA Bear Daily ETF (NVDS). 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	NVDS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.06	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-1.02	—

Drawdowns

ZIVB vs. NVDS - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum NVDS drawdown of -99.40%. Use the drawdown chart below to compare losses from any high point for ZIVB and NVDS.

Drawdown Indicators

	ZIVB	NVDS	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-99.40%	+99.40%
Max Drawdown (1Y) Largest decline over 1 year	—	-59.88%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-96.32%	—
Current Drawdown Current decline from peak	0.00%	-99.32%	+99.32%
Average Drawdown Average peak-to-trough decline	0.00%	-83.40%	+83.40%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	37.07%	—

Volatility

Volatility by Period

	ZIVB	NVDS	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	19.37%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.64%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	51.17%	-51.17%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	68.88%	-68.88%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	68.88%	-68.88%

ZIVB vs. NVDS - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than NVDS's 1.15% expense ratio.

Dividends

ZIVB vs. NVDS - Dividend Comparison

ZIVB has not paid dividends to shareholders, while NVDS's dividend yield for the trailing twelve months is around 19.02%.

Position	TTM	2025	2024	2023	2022
NVDS Tradr 1.25X NVDA Bear Daily ETF	19.02%	14.19%	14.11%	14.69%	5.72%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or NVDS?

On fees, NVDS is cheaper at 1.15% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or NVDS?

NVDS is cheaper with a 1.15% expense ratio, compared with 1.35% for ZIVB.

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

NVDS has the higher dividend yield at 19.02%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and NVDS?

They also come from different issuers: Volatility Shares and AXS. Their fees differ too: 1.35% for ZIVB and 1.15% for NVDS.