ZIVB vs. OOQB

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and OOQB (Volatility Shares One+One Nasdaq-100® and Bitcoin ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while OOQB is a Nasdaq-100 fund actively managed by Volatility Shares. Both are actively managed. ZIVB charges 1.35%/yr vs 0.75%/yr for OOQB.

Performance

ZIVB vs. OOQB - 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 One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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*: —

OOQB

• 1D: 0.00%
• 1M: 0.00%
• YTD: -18.43%
• 6M: -24.56%
• 1Y: -26.47%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. OOQB - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	0.00%

Return for Risk

ZIVB vs. OOQB — Risk / Return Rank

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

OOQB

OOQB Risk / Return Rank: 5
OOQB Sharpe Ratio Rank: 5
OOQB Sortino Ratio Rank: 5
OOQB Omega Ratio Rank: 5
OOQB Calmar Ratio Rank: 5
OOQB Martin Ratio Rank: 5

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. OOQB - 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 One+One Nasdaq-100® and Bitcoin ETF (OOQB). 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	OOQB	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.52	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.41	—

Drawdowns

ZIVB vs. OOQB - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum OOQB drawdown of -53.44%. Use the drawdown chart below to compare losses from any high point for ZIVB and OOQB.

Drawdown Indicators

	ZIVB	OOQB	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-53.44%	+53.44%
Max Drawdown (1Y) Largest decline over 1 year	—	-53.44%	—
Current Drawdown Current decline from peak	0.00%	-43.69%	+43.69%
Average Drawdown Average peak-to-trough decline	0.00%	-23.32%	+23.32%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.24%	—

Volatility

Volatility by Period

	ZIVB	OOQB	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	0.00%	—
Volatility (6M) Calculated over the trailing 6-month period	—	38.69%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	51.51%	-51.51%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	58.03%	-58.03%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	58.03%	-58.03%

ZIVB vs. OOQB - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than OOQB's 0.75% expense ratio.

Dividends

ZIVB vs. OOQB - Dividend Comparison

ZIVB has not paid dividends to shareholders, while OOQB's dividend yield for the trailing twelve months is around 11.62%.

Position	TTM	2025
OOQB Volatility Shares One+One Nasdaq-100® and Bitcoin ETF	11.62%	9.53%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or OOQB?

On fees, OOQB is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or OOQB?

OOQB is cheaper with a 0.75% expense ratio, compared with 1.35% for ZIVB.

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

OOQB has the higher dividend yield at 11.62%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and OOQB?

ZIVB is categorized as Inverse Equities, while OOQB is Nasdaq-100. Their fees differ too: 1.35% for ZIVB and 0.75% for OOQB.