ZIVB vs. SARK
ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and SARK (Tradr Short Innovation Daily ETF) are both Inverse Equities funds. Both are actively managed. Their -0.03 correlation means they have often moved in opposite directions in the past. ZIVB charges 1.35%/yr vs 0.75%/yr for SARK.
Performance
ZIVB vs. SARK - Performance Comparison
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Returns By Period
ZIVB
- 1D
- 0.00%
- 1M
- 2.42%
- 6M
- —
- YTD
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- —
SARK
- 1D
- 0.06%
- 1M
- 6.88%
- 6M
- 3.22%
- YTD
- -1.36%
- 1Y
- -5.76%
- 3Y*
- -24.98%
- 5Y*
- —
- 10Y*
- —
- ALL TIME*
- -11.47%
Liquidity Comparison
| Position | Avg. Volume Value (2W) | Avg. Volume Value (1M) | Avg. Volume Value (3M) |
|---|---|---|---|
| $4.13M | $4.57M | $6.59M | |
| $0.00 | $0.00 | $0.00 |
ZIVB vs. SARK - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 36.51% |
SARK Tradr Short Innovation Daily ETF | 5.37% |
Correlation
The correlation between ZIVB and SARK is -0.03, 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 | -0.03 |
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Return for Risk
ZIVB vs. SARK — Risk / Return Rank
ZIVB
Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.
SARK
ZIVB vs. SARK - 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 Short Innovation Daily ETF (SARK). 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 | SARK | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | — | — | |
| Sortino ratioReturn per unit of downside risk | — | — | |
| Omega ratioGain probability vs. loss probability | — | 1.00 | — |
| Calmar ratioReturn relative to maximum drawdown | — | -0.22 | — |
| Martin ratioReturn relative to average drawdown | — | -0.38 | — |
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Drawdowns
ZIVB vs. SARK - Drawdown Comparison
The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum SARK drawdown of -81.07%. Use the drawdown chart below to compare losses from any high point for ZIVB and SARK.
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Drawdown Indicators
| ZIVB | SARK | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -81.07% | +81.07% |
Max Drawdown (1Y)Largest decline over 1 year | — | -26.34% | — |
Max Drawdown (3Y)Largest decline over 3 years | — | -74.42% | — |
Current DrawdownCurrent decline from peak | 0.00% | -78.22% | +78.22% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -47.46% | +47.46% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 15.35% | — |
Volatility
ZIVB vs. SARK - Volatility Comparison
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Volatility by Period
| ZIVB | SARK | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 10.10% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 27.32% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 73.98% | 36.32% | +37.66% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 73.98% | 55.77% | +18.21% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 73.98% | 55.77% | +18.21% |
ZIVB vs. SARK - Expense Ratio Comparison
ZIVB has a 1.35% expense ratio, which is higher than SARK's 0.75% expense ratio.
Dividends
ZIVB vs. SARK - Dividend Comparison
ZIVB's dividend yield for the trailing twelve months is around 4.73%, more than SARK's 2.86% yield.
| Position | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
SARK Tradr Short Innovation Daily ETF | 2.86% | 2.82% | 15.49% | 12.57% | 25.22% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 4.73% | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
ZIVB and SARK have a correlation of -0.03, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
On fees, SARK is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.
SARK is cheaper with a 0.75% expense ratio, compared with 1.35% for ZIVB.
ZIVB has the higher dividend yield at 4.73%, compared with 2.86% for SARK.
They also come from different issuers: Volatility Shares and AXS. Their fees differ too: 1.35% for ZIVB and 0.75% for SARK.
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