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

Key characteristics


ZIVBRISR
YTD Return6.59%11.64%
1Y Return14.65%8.39%
Sharpe Ratio0.470.80
Daily Std Dev31.95%10.47%
Max Drawdown-27.26%-14.31%
Current Drawdown-12.98%-4.14%

Correlation

-0.50.00.51.0-0.0

The correlation between ZIVB and RISR is -0.04. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.

Performance

ZIVB vs. RISR - Performance Comparison

In the year-to-date period, ZIVB achieves a 6.59% return, which is significantly lower than RISR's 11.64% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.


-20.00%-10.00%0.00%10.00%20.00%AprilMayJuneJulyAugustSeptember
0.50%
3.15%
ZIVB
RISR

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ZIVB vs. RISR - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than RISR's 1.13% expense ratio.


ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
Expense ratio chart for ZIVB: current value at 1.35% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.35%
Expense ratio chart for RISR: current value at 1.13% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.13%

Risk-Adjusted Performance

ZIVB vs. RISR - 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 FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR). 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.


ZIVB
Sharpe ratio
The chart of Sharpe ratio for ZIVB, currently valued at 0.46, compared to the broader market0.002.004.000.46
Sortino ratio
The chart of Sortino ratio for ZIVB, currently valued at 0.76, compared to the broader market-2.000.002.004.006.008.0010.0012.000.76
Omega ratio
The chart of Omega ratio for ZIVB, currently valued at 1.12, compared to the broader market0.501.001.502.002.503.001.12
Calmar ratio
The chart of Calmar ratio for ZIVB, currently valued at 0.54, compared to the broader market0.005.0010.0015.000.54
Martin ratio
The chart of Martin ratio for ZIVB, currently valued at 2.15, compared to the broader market0.0020.0040.0060.0080.00100.00120.002.15
RISR
Sharpe ratio
The chart of Sharpe ratio for RISR, currently valued at 0.80, compared to the broader market0.002.004.000.80
Sortino ratio
The chart of Sortino ratio for RISR, currently valued at 1.27, compared to the broader market-2.000.002.004.006.008.0010.0012.001.27
Omega ratio
The chart of Omega ratio for RISR, currently valued at 1.15, compared to the broader market0.501.001.502.002.503.001.15
Calmar ratio
The chart of Calmar ratio for RISR, currently valued at 1.04, compared to the broader market0.005.0010.0015.001.04
Martin ratio
The chart of Martin ratio for RISR, currently valued at 3.48, compared to the broader market0.0020.0040.0060.0080.00100.00120.003.48

ZIVB vs. RISR - Sharpe Ratio Comparison

The current ZIVB Sharpe Ratio is 0.47, which is lower than the RISR Sharpe Ratio of 0.80. The chart below compares the 12-month rolling Sharpe Ratio of ZIVB and RISR.


Rolling 12-month Sharpe Ratio0.000.501.001.502.002.503.003.50MayJuneJulyAugustSeptember
0.46
0.80
ZIVB
RISR

Dividends

ZIVB vs. RISR - Dividend Comparison

ZIVB's dividend yield for the trailing twelve months is around 19.65%, more than RISR's 7.48% yield.


TTM202320222021
ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
19.65%0.55%0.00%0.00%
RISR
FolioBeyond Alternative Income and Interest Rate Hedge ETF
7.48%7.96%4.26%0.30%

Drawdowns

ZIVB vs. RISR - Drawdown Comparison

The maximum ZIVB drawdown since its inception was -27.26%, which is greater than RISR's maximum drawdown of -14.31%. Use the drawdown chart below to compare losses from any high point for ZIVB and RISR. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%AprilMayJuneJulyAugustSeptember
-12.98%
-4.14%
ZIVB
RISR

Volatility

ZIVB vs. RISR - Volatility Comparison

-1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) has a higher volatility of 10.41% compared to FolioBeyond Alternative Income and Interest Rate Hedge ETF (RISR) at 2.36%. This indicates that ZIVB's price experiences larger fluctuations and is considered to be riskier than RISR 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%AprilMayJuneJulyAugustSeptember
10.41%
2.36%
ZIVB
RISR