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ETFs

-1x Short VIX Mid-Term Futures Strategy ETF

ZIVB
$--
Today’s Change
-- (--)

Snapshot
*

Inception Date
Apr 19 2023
Expense Ratio
1.35%
Type
US Equities
Fund Owner
Volatility Shares
Volume (1m avg. daily)
$272,089
AUM
$8,946,300
Associated Index
S&P 500 VIX Mid-Term Futures Inverse Daily Index
Inverse/Leveraged
Inverse (-1)
Passive/Active
Passive
Fractionable on Composer
No
Prospectus
View

Top 10 Holdings

n/a
Cash & Other
100.00%
n/a
Derivatives offset
99.77%
Invest with ZIVB

What is ZIVB?

The -1x Short VIX Mid-Term Futures ETF (Ticker: ZIVB) aims to provide daily investment results that correspond to the daily performance of the S&P 500 VIX Mid-Term Futures Inverse Daily Index (before fees and expenses). It may be used to express a medium-term view on declining implied equity volatility. The S&P 500 VIX Mid-Term Futures Inverse Daily Index is designed to measure the performance of the inverse of the S&P 500 VIX Mid-Term Futures Index, which measures the return of a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts.

ETFs related toZIVB

ETFs correlated to ZIVB include SVIX, SVXY, SVOL

ZIVB
Volatility Shares Trust - -1x Short VIX Mid-Term Futures Strategy ETF
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Volatility Shares Trust - 1x Short VIX Futures ETF
SVXY
ProShares Trust - ProShares Short VIX Short-Term Futures ETF -1x Shares
SVOL
Simplify Exchange Traded Funds - Simplify Volatility Premium ETF
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AUGW
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First Trust Exchange-Traded Fund VIII - FT Cboe Vest U.S. Equity Enhance & Moderate Buffer ETF - August
GAUG
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XBJL
Innovator ETFs Trust - Innovator U.S. Equity Accelerated 9 Buffer ETF - July

What is ETF correlation?

Correlation is a measure of the strength of the relationship between two ETFs. It quantifies the degree to which prices of the two ETFs typically move together.

Here, correlation is measured over the past year with the Pearson correlation coefficient (Pearon’s r), which ranges from -1 to 1.

Using ETF correlations in portfolio and strategy construction

ETF correlations can help you create investing strategies and portfolios. Use them to:

  • •Build a diversified portfolio from uncorrelated or inversely correlated ETFs with the aim of minimizing portfolio risk.
  • •Compare correlated or related ETFs to find one with a lower expense ratio or higher trading volume.
  • •Create an investing strategy that hedges an ETF with an uncorrelated or inversely correlated ETF.

Automated Strategies
Related toZIVB

#SPYMIN

SPY minimum drawdown

Category

Community

Risk Rating

Aggressive

Create your own algorithmic trading strategy with ZIVB using Composer

FAQ

ZIVB is a US Equities ETF. The -1x Short VIX Mid-Term Futures ETF (Ticker: ZIVB) aims to provide daily investment results that correspond to the daily performance of the S&P 500 VIX Mid-Term Futures Inverse Daily Index (before fees and expenses). It may be used to express a medium-term view on declining implied equity volatility. The S&P 500 VIX Mid-Term Futures Inverse Daily Index is designed to measure the performance of the inverse of the S&P 500 VIX Mid-Term Futures Index, which measures the return of a daily rolling long position in the fourth, fifth, sixth and seventh month VIX futures contracts.

ZIVB tracks the S&P 500 VIX Mid-Term Futures Inverse Daily Index.

No, ZIVB is not actively managed. It is passively managed. In an actively managed fund, the fund manager makes decisions about how funds are invested. A passively managed fund typically tries to track or follow a market index.

Yes, ZIVB is passively managed. A passively managed fund typically tries to track or follow a market index. In an actively managed fund, the fund manager makes decisions about how funds are invested.

The 1-month return on ZIVB is 0.0853%. This is the percent change in the value of ZIVB over the most recent 1-month period. The 3-month return on ZIVB is 0.1314%. This is the percent change in the value of ZIVB over the most recent 3-month period.

ETFs similar to ZIVB include SSO, TNA, and SPXL.

ETFs correlated to ZIVB include SVIX, SVXY, and SVOL.

ETFs that are inversely correlated to ZIVB include VIXM, UVIX, and UVXY.

Yes, ZIVB is a Inverse (-1) ETF: This means that ZIVB will try to match the performance of S&P 500 VIX Mid-Term Futures Inverse Daily Index, but with 1x the returns.

Yes, ZIVB is a Inverse (-1) leveraged ETF: This means that {characteristics.Identifier} will try to match the performance of S&P 500 VIX Mid-Term Futures Inverse Daily Index, but move 1x in the opposite direction.

Disclaimers

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We show information directly obtained from our data provider, Xignite. Data shown here is provided by Xignite, an unaffiliated third party. Composer believes the information shown here is reliable, but has not been verified and there is no guarantee that the information is accurate.

**

We show information based on calculations performed by Composer using data from our provider. Information provided here is based on calculations performed by Composer using data sourced from Xignite, an unaffiliated third party. Composer believes this information is reliable, but has not verified the data and there is no guarantee that the calculations are accurate.