ZIVB vs. YQQQ

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and YQQQ (YieldMax Short N100 Option Income Strategy ETF) are both exchange-traded funds - ZIVB is a Inverse Equities fund actively managed by Volatility Shares, while YQQQ is a Derivative Income fund actively managed by YieldMax. Both are actively managed. ZIVB charges 1.35%/yr vs 0.99%/yr for YQQQ.

Performance

ZIVB vs. YQQQ - 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 Short N100 Option Income Strategy ETF (YQQQ). 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*: —

YQQQ

• 1D: 0.41%
• 1M: -6.24%
• YTD: -8.57%
• 6M: -6.48%
• 1Y: -13.84%
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

ZIVB vs. YQQQ - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
YQQQ YieldMax Short N100 Option Income Strategy ETF	-0.44%

Return for Risk

ZIVB vs. YQQQ — Risk / Return Rank

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

YQQQ

YQQQ Risk / Return Rank: 2
YQQQ Sharpe Ratio Rank: 1
YQQQ Sortino Ratio Rank: 2
YQQQ Omega Ratio Rank: 2
YQQQ Calmar Ratio Rank: 3
YQQQ Martin Ratio Rank: 1

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. YQQQ - 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 YieldMax Short N100 Option Income Strategy ETF (YQQQ). 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	YQQQ	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	-1.11	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.76	—

Drawdowns

ZIVB vs. YQQQ - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum YQQQ drawdown of -28.21%. Use the drawdown chart below to compare losses from any high point for ZIVB and YQQQ.

Drawdown Indicators

	ZIVB	YQQQ	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-28.21%	+28.21%
Max Drawdown (1Y) Largest decline over 1 year	—	-20.82%	—
Current Drawdown Current decline from peak	0.00%	-27.87%	+27.87%
Average Drawdown Average peak-to-trough decline	0.00%	-14.25%	+14.25%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	8.62%	—

Volatility

Volatility by Period

	ZIVB	YQQQ	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	3.90%	—
Volatility (6M) Calculated over the trailing 6-month period	—	9.85%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	12.50%	-12.50%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	16.25%	-16.25%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	16.25%	-16.25%

ZIVB vs. YQQQ - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than YQQQ's 0.99% expense ratio.

Dividends

ZIVB vs. YQQQ - Dividend Comparison

ZIVB has not paid dividends to shareholders, while YQQQ's dividend yield for the trailing twelve months is around 32.16%.

Position	TTM	2025	2024
YQQQ YieldMax Short N100 Option Income Strategy ETF	32.16%	31.71%	7.88%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or YQQQ?

On fees, YQQQ is cheaper at 0.99% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or YQQQ?

YQQQ is cheaper with a 0.99% expense ratio, compared with 1.35% for ZIVB.

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

YQQQ has the higher dividend yield at 32.16%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and YQQQ?

ZIVB is categorized as Inverse Equities, while YQQQ is Derivative Income. They also come from different issuers: Volatility Shares and YieldMax. Their fees differ too: 1.35% for ZIVB and 0.99% for YQQQ.