ZIVB vs. SARK

Last updated Jun 4, 2026

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. ZIVB charges 1.35%/yr vs 0.75%/yr for SARK.

Performance

ZIVB vs. SARK - 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 Tradr Short Innovation Daily ETF (SARK). 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*: —

SARK

• 1D: 2.29%
• 1M: -0.49%
• YTD: -6.78%
• 6M: -2.33%
• 1Y: -33.81%
• 3Y*: -30.74%
• 5Y*: —
• 10Y*: —

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

ZIVB vs. SARK - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
SARK Tradr Short Innovation Daily ETF	3.78%

Return for Risk

ZIVB vs. SARK — Risk / Return Rank

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

SARK

SARK Risk / Return Rank: 2
SARK Sharpe Ratio Rank: 2
SARK Sortino Ratio Rank: 2
SARK Omega Ratio Rank: 2
SARK Calmar Ratio Rank: 2
SARK Martin Ratio Rank: 4

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. 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.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	ZIVB	SARK	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.95	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.24	—

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.

Drawdown Indicators

	ZIVB	SARK	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-81.07%	+81.07%
Max Drawdown (1Y) Largest decline over 1 year	—	-40.75%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-74.42%	—
Current Drawdown Current decline from peak	0.00%	-79.42%	+79.42%
Average Drawdown Average peak-to-trough decline	0.00%	-46.46%	+46.46%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	30.47%	—

Volatility

Volatility by Period

	ZIVB	SARK	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	9.13%	—
Volatility (6M) Calculated over the trailing 6-month period	—	25.05%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	35.91%	-35.91%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	56.24%	-56.24%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	56.24%	-56.24%

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 has not paid dividends to shareholders, while SARK's dividend yield for the trailing twelve months is around 3.02%.

Position	TTM	2025	2024	2023	2022
SARK Tradr Short Innovation Daily ETF	3.02%	2.82%	15.49%	12.57%	25.22%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or SARK?

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.

Which ETF is cheaper, ZIVB or SARK?

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

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

SARK has the higher dividend yield at 3.02%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and SARK?

They also come from different issuers: Volatility Shares and AXS. Their fees differ too: 1.35% for ZIVB and 0.75% for SARK.