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ZIVB vs. QQQY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between ZIVB and QQQY is 0.68, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.0
Correlation: 0.7

Performance

ZIVB vs. QQQY - 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 Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). The values are adjusted to include any dividend payments, if applicable.

-20.00%-10.00%0.00%10.00%20.00%NovemberDecember2025FebruaryMarchApril
-14.37%
2.92%
ZIVB
QQQY

Key characteristics

Sharpe Ratio

ZIVB:

-0.53

QQQY:

-0.19

Sortino Ratio

ZIVB:

-0.50

QQQY:

-0.12

Omega Ratio

ZIVB:

0.93

QQQY:

0.98

Calmar Ratio

ZIVB:

-0.56

QQQY:

-0.18

Martin Ratio

ZIVB:

-1.56

QQQY:

-0.57

Ulcer Index

ZIVB:

13.34%

QQQY:

5.88%

Daily Std Dev

ZIVB:

39.24%

QQQY:

17.62%

Max Drawdown

ZIVB:

-37.25%

QQQY:

-19.04%

Current Drawdown

ZIVB:

-34.24%

QQQY:

-16.47%

Returns By Period

In the year-to-date period, ZIVB achieves a -26.28% return, which is significantly lower than QQQY's -12.19% return.


ZIVB

YTD

-26.28%

1M

-23.22%

6M

-25.21%

1Y

-25.21%

5Y*

N/A

10Y*

N/A

QQQY

YTD

-12.19%

1M

-10.38%

6M

-13.46%

1Y

-4.56%

5Y*

N/A

10Y*

N/A

*Annualized

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ZIVB vs. QQQY - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than QQQY's 0.99% expense ratio.


Expense ratio chart for ZIVB: current value is 1.35%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
ZIVB: 1.35%
Expense ratio chart for QQQY: current value is 0.99%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
QQQY: 0.99%

Risk-Adjusted Performance

ZIVB vs. QQQY — Risk-Adjusted Performance Rank

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

ZIVB
The Risk-Adjusted Performance Rank of ZIVB is 44
Overall Rank
The Sharpe Ratio Rank of ZIVB is 55
Sharpe Ratio Rank
The Sortino Ratio Rank of ZIVB is 66
Sortino Ratio Rank
The Omega Ratio Rank of ZIVB is 55
Omega Ratio Rank
The Calmar Ratio Rank of ZIVB is 22
Calmar Ratio Rank
The Martin Ratio Rank of ZIVB is 22
Martin Ratio Rank

QQQY
The Risk-Adjusted Performance Rank of QQQY is 1212
Overall Rank
The Sharpe Ratio Rank of QQQY is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of QQQY is 1313
Sortino Ratio Rank
The Omega Ratio Rank of QQQY is 1212
Omega Ratio Rank
The Calmar Ratio Rank of QQQY is 1111
Calmar Ratio Rank
The Martin Ratio Rank of QQQY is 1212
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

ZIVB vs. QQQY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) and Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY). 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.


The chart of Sharpe ratio for ZIVB, currently valued at -0.61, compared to the broader market-1.000.001.002.003.004.00
ZIVB: -0.61
QQQY: -0.19
The chart of Sortino ratio for ZIVB, currently valued at -0.63, compared to the broader market-2.000.002.004.006.008.00
ZIVB: -0.63
QQQY: -0.12
The chart of Omega ratio for ZIVB, currently valued at 0.91, compared to the broader market0.501.001.502.002.50
ZIVB: 0.91
QQQY: 0.98
The chart of Calmar ratio for ZIVB, currently valued at -0.64, compared to the broader market0.002.004.006.008.0010.0012.00
ZIVB: -0.64
QQQY: -0.18
The chart of Martin ratio for ZIVB, currently valued at -1.77, compared to the broader market0.0020.0040.0060.00
ZIVB: -1.77
QQQY: -0.57

The current ZIVB Sharpe Ratio is -0.53, which is lower than the QQQY Sharpe Ratio of -0.19. The chart below compares the historical Sharpe Ratios of ZIVB and QQQY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.


Rolling 12-month Sharpe Ratio-1.00-0.500.000.501.001.502.002.50NovemberDecember2025FebruaryMarchApril
-0.61
-0.19
ZIVB
QQQY

Dividends

ZIVB vs. QQQY - Dividend Comparison

ZIVB's dividend yield for the trailing twelve months is around 45.19%, less than QQQY's 92.79% yield.


Drawdowns

ZIVB vs. QQQY - Drawdown Comparison

The maximum ZIVB drawdown since its inception was -37.25%, which is greater than QQQY's maximum drawdown of -19.04%. Use the drawdown chart below to compare losses from any high point for ZIVB and QQQY. For additional features, visit the drawdowns tool.


-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-34.24%
-16.47%
ZIVB
QQQY

Volatility

ZIVB vs. QQQY - Volatility Comparison

-1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) has a higher volatility of 21.99% compared to Defiance Nasdaq 100 Enhanced Options Income ETF (QQQY) at 11.06%. This indicates that ZIVB's price experiences larger fluctuations and is considered to be riskier than QQQY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%NovemberDecember2025FebruaryMarchApril
21.99%
11.06%
ZIVB
QQQY