ZIVB vs. YXI

Last updated Jun 5, 2026

ZIVB (-1x Short VIX Mid-Term Futures Strategy ETF) and YXI (ProShares Short FTSE China 50) are both Inverse Equities funds. ZIVB is actively managed, while YXI is passively managed. ZIVB charges 1.35%/yr vs 0.95%/yr for YXI.

Performance

ZIVB vs. YXI - 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 ProShares Short FTSE China 50 (YXI). 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*: —

YXI

• 1D: -0.56%
• 1M: 2.15%
• YTD: 7.60%
• 6M: 9.50%
• 1Y: 1.04%
• 3Y*: -11.86%
• 5Y*: -2.76%
• 10Y*: -8.18%

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

ZIVB vs. YXI - Yearly Performance Comparison

	2026 (YTD)
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%
YXI ProShares Short FTSE China 50	-2.06%

Return for Risk

ZIVB vs. YXI — Risk / Return Rank

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

YXI

YXI Risk / Return Rank: 10
YXI Sharpe Ratio Rank: 10
YXI Sortino Ratio Rank: 10
YXI Omega Ratio Rank: 10
YXI Calmar Ratio Rank: 10
YXI Martin Ratio Rank: 10

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. YXI - 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 ProShares Short FTSE China 50 (YXI). 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	YXI	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	—	0.05	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.09	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	-0.30	—
Sharpe Ratio (All Time) Calculated using the full available price history	—	-0.30	—

Drawdowns

ZIVB vs. YXI - Drawdown Comparison

The maximum ZIVB drawdown since its inception was 0.00%, smaller than the maximum YXI drawdown of -81.15%. Use the drawdown chart below to compare losses from any high point for ZIVB and YXI.

Drawdown Indicators

	ZIVB	YXI	Difference
Max Drawdown Largest peak-to-trough decline	0.00%	-81.15%	+81.15%
Max Drawdown (1Y) Largest decline over 1 year	—	-14.21%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-53.12%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-57.65%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-64.92%	—
Current Drawdown Current decline from peak	0.00%	-78.03%	+78.03%
Average Drawdown Average peak-to-trough decline	0.00%	-54.31%	+54.31%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.79%	—

Volatility

Volatility by Period

	ZIVB	YXI	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	7.25%	—
Volatility (6M) Calculated over the trailing 6-month period	—	14.87%	—
Volatility (1Y) Calculated over the trailing 1-year period	0.00%	19.93%	-19.93%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	0.00%	31.39%	-31.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	0.00%	27.42%	-27.42%

ZIVB vs. YXI - Expense Ratio Comparison

ZIVB has a 1.35% expense ratio, which is higher than YXI's 0.95% expense ratio.

Dividends

ZIVB vs. YXI - Dividend Comparison

ZIVB has not paid dividends to shareholders, while YXI's dividend yield for the trailing twelve months is around 2.85%.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018
YXI ProShares Short FTSE China 50	2.85%	3.60%	4.35%	2.66%	0.27%	0.00%	0.08%	1.01%	0.25%
ZIVB -1x Short VIX Mid-Term Futures Strategy ETF	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Frequently Asked Questions

Which ETF is better, ZIVB or YXI?

On fees, YXI is cheaper at 0.95% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, ZIVB or YXI?

YXI is cheaper with a 0.95% expense ratio, compared with 1.35% for ZIVB.

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

YXI has the higher dividend yield at 2.85%, compared with 0.00% for ZIVB.

What is the main difference between ZIVB and YXI?

They also come from different issuers: Volatility Shares and ProShares. Their fees differ too: 1.35% for ZIVB and 0.95% for YXI.