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

Correlation

The correlation between ZIVB and YMAX is 0.56, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.


-0.50.00.51.00.6

Performance

ZIVB vs. YMAX - 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 YieldMax Universe Fund of Option Income ETFs (YMAX). The values are adjusted to include any dividend payments, if applicable.

-10.00%0.00%10.00%20.00%30.00%40.00%JulyAugustSeptemberOctoberNovemberDecember
3.41%
28.78%
ZIVB
YMAX

Key characteristics

Daily Std Dev

ZIVB:

31.85%

YMAX:

18.40%

Max Drawdown

ZIVB:

-27.26%

YMAX:

-12.78%

Current Drawdown

ZIVB:

-14.38%

YMAX:

-4.62%

Returns By Period


ZIVB

YTD

4.87%

1M

-6.82%

6M

-9.55%

1Y

7.92%

5Y*

N/A

10Y*

N/A

YMAX

YTD

N/A

1M

1.07%

6M

12.09%

1Y

N/A

5Y*

N/A

10Y*

N/A

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


ZIVB vs. YMAX - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than YMAX's 1.28% expense ratio.


ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
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%
Expense ratio chart for YMAX: current value at 1.28% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.28%

Risk-Adjusted Performance

ZIVB vs. YMAX - 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 YieldMax Universe Fund of Option Income ETFs (YMAX). 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
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
The chart of Omega ratio for ZIVB, currently valued at 1.09, compared to the broader market0.501.001.502.002.503.001.09
The chart of Calmar ratio for ZIVB, currently valued at 0.36, compared to the broader market0.005.0010.0015.000.36
The chart of Martin ratio for ZIVB, currently valued at 1.18, compared to the broader market0.0020.0040.0060.0080.00100.001.18
ZIVB
YMAX


Chart placeholderNot enough data

Dividends

ZIVB vs. YMAX - Dividend Comparison

ZIVB's dividend yield for the trailing twelve months is around 29.25%, less than YMAX's 41.34% yield.


TTM2023
ZIVB
-1x Short VIX Mid-Term Futures Strategy ETF
29.25%0.55%
YMAX
YieldMax Universe Fund of Option Income ETFs
41.34%0.00%

Drawdowns

ZIVB vs. YMAX - Drawdown Comparison

The maximum ZIVB drawdown since its inception was -27.26%, which is greater than YMAX's maximum drawdown of -12.78%. Use the drawdown chart below to compare losses from any high point for ZIVB and YMAX. For additional features, visit the drawdowns tool.


-25.00%-20.00%-15.00%-10.00%-5.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-14.38%
-4.62%
ZIVB
YMAX

Volatility

ZIVB vs. YMAX - Volatility Comparison

-1x Short VIX Mid-Term Futures Strategy ETF (ZIVB) has a higher volatility of 12.18% compared to YieldMax Universe Fund of Option Income ETFs (YMAX) at 5.98%. This indicates that ZIVB's price experiences larger fluctuations and is considered to be riskier than YMAX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
12.18%
5.98%
ZIVB
YMAX
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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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