ZIVB vs. TSDD

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and TSDD (GraniteShares 2x Short TSLA Daily ETF) are both Inverse Equities funds. Both are actively managed. ZIVB charges 1.35%/yr vs 1.50%/yr for TSDD.

Performance

ZIVB vs. TSDD - 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 GraniteShares 2x Short TSLA Daily ETF (TSDD). 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*: —

TSDD

• 1D: 2.57%
• 1M: -16.78%
• YTD: -1.81%
• 6M: -2.21%
• 1Y: -64.48%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. TSDD - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
TSDD GraniteShares 2x Short TSLA Daily ETF	10.96%

Return for Risk

ZIVB vs. TSDD — Risk / Return Rank

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

TSDD

TSDD Risk / Return Rank: 3
TSDD Sharpe Ratio Rank: 3
TSDD Sortino Ratio Rank: 3
TSDD Omega Ratio Rank: 4
TSDD Calmar Ratio Rank: 2
TSDD 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. TSDD - 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 GraniteShares 2x Short TSLA Daily ETF (TSDD). 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	TSDD	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.70	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.66	—

Drawdowns

ZIVB vs. TSDD - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum TSDD drawdown of -99.03%. Use the drawdown chart below to compare losses from any high point for ZIVB and TSDD.

Drawdown Indicators

	ZIVB	TSDD	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-99.03%	+99.03%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.12%	—
Current Drawdown Current decline from peak	0.00%	-98.88%	+98.88%
Average Drawdown Average peak-to-trough decline	0.00%	-71.25%	+71.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	60.05%	—

Volatility

Volatility by Period

	ZIVB	TSDD	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.30%	—
Volatility (6M) Calculated over the trailing 6-month period	—	54.96%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	92.61%	-92.61%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	114.39%	-114.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	114.39%	-114.39%

ZIVB vs. TSDD - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is lower than TSDD's 1.50% expense ratio.

Dividends

ZIVB vs. TSDD - Dividend Comparison

ZIVB has not paid dividends to shareholders, while TSDD's dividend yield for the trailing twelve months is around 8.58%.

Position	TTM	2025	2024	2023
TSDD GraniteShares 2x Short TSLA Daily ETF	8.58%	8.42%	0.00%	24.84%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or TSDD?

On fees, ZIVB is cheaper at 1.35% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or TSDD?

ZIVB is cheaper with a 1.35% expense ratio, compared with 1.50% for TSDD.

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

TSDD has the higher dividend yield at 8.58%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and TSDD?

They also come from different issuers: Volatility Shares and GraniteShares. Their fees differ too: 1.35% for ZIVB and 1.50% for TSDD.