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

Correlation

The correlation between ZIVB and SVIX is 0.90, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

ZIVB vs. SVIX - 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 Volatility Shares -1x Short VIX Futures ETF (SVIX). The values are adjusted to include any dividend payments, if applicable.

0.00%50.00%100.00%150.00%JulyAugustSeptemberOctoberNovemberDecember
58.82%
31.78%
ZIVB
SVIX

Key characteristics

Sharpe Ratio

ZIVB:

0.30

SVIX:

-0.37

Sortino Ratio

ZIVB:

0.59

SVIX:

-0.01

Omega Ratio

ZIVB:

1.09

SVIX:

1.00

Calmar Ratio

ZIVB:

0.36

SVIX:

-0.44

Martin Ratio

ZIVB:

1.18

SVIX:

-0.92

Ulcer Index

ZIVB:

8.18%

SVIX:

29.81%

Daily Std Dev

ZIVB:

31.85%

SVIX:

74.73%

Max Drawdown

ZIVB:

-27.26%

SVIX:

-62.55%

Current Drawdown

ZIVB:

-14.38%

SVIX:

-51.37%

Returns By Period

In the year-to-date period, ZIVB achieves a 4.87% return, which is significantly higher than SVIX's -34.61% return.


ZIVB

YTD

4.87%

1M

-6.82%

6M

-9.55%

1Y

7.92%

5Y*

N/A

10Y*

N/A

SVIX

YTD

-34.61%

1M

-7.01%

6M

-46.61%

1Y

-30.33%

5Y*

N/A

10Y*

N/A

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


ZIVB vs. SVIX - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is lower than SVIX's 1.47% expense ratio.


SVIX
Volatility Shares -1x Short VIX Futures ETF
Expense ratio chart for SVIX: current value at 1.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.47%
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%

Risk-Adjusted Performance

ZIVB vs. SVIX - 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 Volatility Shares -1x Short VIX Futures ETF (SVIX). 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.


Sharpe ratio
The chart of Sharpe ratio for ZIVB, currently valued at 0.30, compared to the broader market0.002.004.000.30-0.37
The chart of Sortino ratio for ZIVB, currently valued at 0.59, compared to the broader market-2.000.002.004.006.008.0010.000.59-0.01
The chart of Omega ratio for ZIVB, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.091.00
The chart of Calmar ratio for ZIVB, currently valued at 0.36, compared to the broader market0.005.0010.0015.000.36-0.44
The chart of Martin ratio for ZIVB, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.18-0.92
ZIVB
SVIX

The current ZIVB Sharpe Ratio is 0.30, which is higher than the SVIX Sharpe Ratio of -0.37. The chart below compares the historical Sharpe Ratios of ZIVB and SVIX, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
0.30
-0.37
ZIVB
SVIX

Dividends

ZIVB vs. SVIX - Dividend Comparison

ZIVB's dividend yield for the trailing twelve months is around 29.25%, while SVIX has not paid dividends to shareholders.


TTM2023
ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
29.25%0.55%
SVIX
Volatility Shares -1x Short VIX Futures ETF
0.00%0.00%

Drawdowns

ZIVB vs. SVIX - Drawdown Comparison

The maximum ZIVB drawdown since its inception was -27.26%, smaller than the maximum SVIX drawdown of -62.55%. Use the drawdown chart below to compare losses from any high point for ZIVB and SVIX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.38%
-51.37%
ZIVB
SVIX

Volatility

ZIVB vs. SVIX - Volatility Comparison

The current volatility for -1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) is 12.18%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 26.22%. This indicates that ZIVB experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
12.18%
26.22%
ZIVB
SVIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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