ZIVB vs. NVDS
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. Their -0.10 correlation means they have often moved in opposite directions in the past. ZIVB charges 1.35%/yr vs 1.15%/yr for NVDS.
Performance
ZIVB vs. NVDS - Performance Comparison
Loading charts...
Returns By Period
ZIVB
- 1D
- 0.00%
- 1M
- 2.42%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
NVDS
- 1D
- -0.22%
- 1M
- -5.39%
- 6M
- -16.28%
- YTD
- -17.96%
- 1Y
- -28.31%
- 3Y*
- -60.54%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -68.34%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $5.25M | $5.13M | $7.51M | |
| $0.00 | $0.00 | $0.00 |
ZIVB vs. NVDS - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 36.51% |
NVDS Tradr 1.25X NVDA Bear Daily ETF | 7.33% |
Correlation
The correlation between ZIVB and NVDS is -0.10, meaning there was essentially no consistent relationship between their historical price movements. Each responded to its own set of market drivers.
| Correlation | |
|---|---|
Correlation (All Time) Calculated using the full available price history since May 28, 2026 | -0.10 |
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Return for Risk
ZIVB vs. NVDS — Risk / Return Rank
ZIVB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
NVDS
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.
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 | NVDS | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 0.95 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.60 | — |
| Martin ratioReturn relative to average drawdown | — | -1.17 | — |
Loading charts...
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.
Loading charts...
Drawdown Indicators
| ZIVB | NVDS | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -99.40% | +99.40% |
Max Drawdown (1Y)Largest decline over 1 year | — | -47.10% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -95.83% | — |
Current DrawdownCurrent decline from peak | 0.00% | -99.25% | +99.25% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -83.96% | +83.96% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 24.20% | — |
Volatility
ZIVB vs. NVDS - Volatility Comparison
Loading charts...
Volatility by Period
| ZIVB | NVDS | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 17.18% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 42.25% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 73.98% | 54.26% | +19.72% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.98% | 68.62% | +5.36% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.98% | 68.62% | +5.36% |
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's dividend yield for the trailing twelve months is around 4.73%, less than NVDS's 17.30% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
NVDS Tradr 1.25X NVDA Bear Daily ETF | 17.30% | 14.19% | 14.11% | 14.69% | 5.72% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 4.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ZIVB and NVDS have a correlation of -0.10, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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.
NVDS is cheaper with a 1.15% expense ratio, compared with 1.35% for ZIVB.
NVDS has the higher dividend yield at 17.30%, compared with 4.73% for ZIVB.
They also come from different issuers: Volatility Shares and AXS. Their fees differ too: 1.35% for ZIVB and 1.15% for NVDS.
Find the right allocation for ZIVB and NVDS
Add both to a portfolio and optimize allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Optimizer