ZIVB vs. TSLZ

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and TSLZ (T-Rex 2X Inverse Tesla Daily Target ETF) are both Inverse Equities funds. Both are actively managed. ZIVB charges 1.35%/yr vs 1.05%/yr for TSLZ.

Performance

ZIVB vs. TSLZ - 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 T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). 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*: —

TSLZ

• 1D: 2.59%
• 1M: -16.87%
• YTD: -3.24%
• 6M: -3.97%
• 1Y: -65.66%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. TSLZ - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	10.81%

Return for Risk

ZIVB vs. TSLZ — Risk / Return Rank

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

TSLZ

TSLZ Risk / Return Rank: 3
TSLZ Sharpe Ratio Rank: 3
TSLZ Sortino Ratio Rank: 3
TSLZ Omega Ratio Rank: 3
TSLZ Calmar Ratio Rank: 2
TSLZ 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. TSLZ - 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 T-Rex 2X Inverse Tesla Daily Target ETF (TSLZ). 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	TSLZ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-0.72	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.67	—

Drawdowns

ZIVB vs. TSLZ - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum TSLZ drawdown of -99.11%. Use the drawdown chart below to compare losses from any high point for ZIVB and TSLZ.

Drawdown Indicators

	ZIVB	TSLZ	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-99.11%	+99.11%
Max Drawdown (1Y) Largest decline over 1 year	—	-76.62%	—
Current Drawdown Current decline from peak	0.00%	-98.98%	+98.98%
Average Drawdown Average peak-to-trough decline	0.00%	-75.39%	+75.39%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	60.77%	—

Volatility

Volatility by Period

	ZIVB	TSLZ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	24.24%	—
Volatility (6M) Calculated over the trailing 6-month period	—	55.00%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	91.68%	-91.68%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	116.96%	-116.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	116.96%	-116.96%

ZIVB vs. TSLZ - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than TSLZ's 1.05% expense ratio.

Dividends

ZIVB vs. TSLZ - Dividend Comparison

ZIVB has not paid dividends to shareholders, while TSLZ's dividend yield for the trailing twelve months is around 0.71%.

Position	TTM	2025	2024	2023
TSLZ T-Rex 2X Inverse Tesla Daily Target ETF	0.71%	0.69%	2.08%	12.15%
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 TSLZ?

On fees, TSLZ is cheaper at 1.05% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or TSLZ?

TSLZ is cheaper with a 1.05% expense ratio, compared with 1.35% for ZIVB.

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

TSLZ has the higher dividend yield at 0.71%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and TSLZ?

They also come from different issuers: Volatility Shares and T-Rex. Their fees differ too: 1.35% for ZIVB and 1.05% for TSLZ.