ZIVB vs. SHRT
ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and SHRT (Gotham Short Strategies ETF) are both Inverse Equities funds. Both are actively managed. Both charge a 1.35% expense ratio.
Performance
ZIVB vs. SHRT - Performance Comparison
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Returns By Period
ZIVB
- 1D
- 0.00%
- 1M
- —
- YTD
- —
- 6M
- —
- 1Y
- —
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
SHRT
- 1D
- 0.32%
- 1M
- -4.10%
- YTD
- -17.20%
- 6M
- -15.30%
- 1Y
- -21.72%
- 3Y*
- —
- 5Y*
- —
- 10Y*
- —
ZIVB vs. SHRT - Yearly Performance Comparison
| 2026 (YTD) | |
|---|---|
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% |
SHRT Gotham Short Strategies ETF | -1.79% |
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Return for Risk
ZIVB vs. SHRT — Risk / Return Rank
ZIVB
SHRT
ZIVB vs. SHRT - 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 Gotham Short Strategies ETF (SHRT). 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.
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Sharpe Ratios by Period
| ZIVB | SHRT | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | — | -1.67 | — |
Sharpe Ratio (All Time)Calculated using the full available price history | — | -0.79 | — |
Drawdowns
ZIVB vs. SHRT - Drawdown Comparison
The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum SHRT drawdown of -25.98%. Use the drawdown chart below to compare losses from any high point for ZIVB and SHRT.
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Drawdown Indicators
| ZIVB | SHRT | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | 0.00% | -25.98% | +25.98% |
Max Drawdown (1Y)Largest decline over 1 year | — | -22.73% | — |
Current DrawdownCurrent decline from peak | 0.00% | -25.74% | +25.74% |
Average DrawdownAverage peak-to-trough decline | 0.00% | -8.12% | +8.12% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | — | 10.40% | — |
Volatility
ZIVB vs. SHRT - Volatility Comparison
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Volatility by Period
| ZIVB | SHRT | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | — | 4.29% | — |
Volatility (6M)Calculated over the trailing 6-month period | — | 10.96% | — |
Volatility (1Y)Calculated over the trailing 1-year period | 0.00% | 13.04% | -13.04% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 0.00% | 12.78% | -12.78% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 0.00% | 12.78% | -12.78% |
ZIVB vs. SHRT - Expense Ratio Comparison
Both ZIVB and SHRT have an expense ratio of 1.35%.
Dividends
ZIVB vs. SHRT - Dividend Comparison
ZIVB has not paid dividends to shareholders, while SHRT's dividend yield for the trailing twelve months is around 0.08%.
| Position | TTM | 2025 | 2024 | 2023 |
|---|---|---|---|---|
SHRT Gotham Short Strategies ETF | 0.08% | 0.07% | 0.85% | 0.27% |
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 0.00% | 0.00% | 0.00% |
Frequently Asked Questions
Both ETFs have the same 1.35% expense ratio. The better choice depends on whether you care most about return, fees, risk, or income.
ZIVB and SHRT have the same expense ratio: 1.35% per year.
SHRT has the higher dividend yield at 0.08%, compared with 0.00% for ZIVB.
They also come from different issuers: Volatility Shares and Gotham.
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