ZVOL Performance — Volatility Premium Plus ETF
Data updated: 2026-09-02
ZVOL returned −0.77% year to date and +11.11% over one year to May 2026. The annualised 3-year return is +12.12%. The fund trailed its Alternative category average: $100 invested three years ago grew to $141, against $176 for the category, and to $111 over one year, against $113. Volatility over the past three years was 25.17% a year. In the 12 months to May 2026 the fund took in a net $1.7M, and assets reached $12.27M.
ZVOL Growth of $100
What $100 invested in Volatility Premium Plus ETF grew to, compounded from monthly returns reported on SEC Form N-PORT, against the Alternative category average over the same months.
| Period | ZVOL | Category average |
|---|---|---|
| 1 year (Jun 2025 – May 2026) | $111 | $113 |
| 3 years (Jun 2023 – May 2026) | $141 | $176 |
| Since data start (Apr 2023 – May 2026) | $147 | $176 |
ZVOL Trailing Returns
Total returns to May 2026, from SEC N-PORT.
| Period | Total return |
|---|---|
| YTD | −0.77% |
| 1 year | +11.11% |
| 3 years (annualised) | +12.12% |
ZVOL Annual Returns
Calendar-year total returns of Volatility Premium Plus ETF, compounded from monthly SEC N-PORT returns. Partial years show the months covered.
| Year | Total return |
|---|---|
| 2026 (Jan–May) | −0.77% |
| 2025 | −10.49% |
| 2024 | +8.63% |
| 2023 (Apr–Dec) | +51.94% |
ZVOL Monthly Returns
Monthly total returns as reported on SEC Form N-PORT.
| Year | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | −0.3% | −2.7% | −9.2% | +9.6% | +2.8% | — | — | — | — | — | — | — |
| 2025 | −1.1% | −2.9% | −5.7% | −16.0% | +5.1% | +1.7% | −0.1% | +2.6% | +3.5% | −3.0% | +1.1% | +5.8% |
| 2024 | +3.6% | +3.7% | −1.6% | +2.8% | +10.5% | −2.2% | −0.9% | −3.9% | −5.0% | −4.3% | +14.0% | −6.4% |
| 2023 | — | — | — | −2.7% | +6.9% | +21.9% | +5.9% | +1.3% | −2.1% | −5.7% | +17.6% | +3.0% |
ZVOL Risk
Risk measures from monthly returns over Jun 2023 – May 2026.
- 3-year volatility (annualised): 25.17%
- 3-year Sharpe ratio: 0.30 (vs 4.5% risk-free rate)
- Best month: +21.86% (Jun 2023)
- Worst month: −16.00% (Apr 2025)
ZVOL Fund Flows
Monthly money in and out of Volatility Premium Plus ETF, from SEC Form N-PORT.
- 12-month net flow: $1.7M
- 12-month gross sales (incl. reinvestments): $3.0M
- Sales ÷ redemptions: 2.28×
| Month | Sales | Redemptions | Net flow |
|---|---|---|---|
| May 2026 | $0 | $0 | $0 |
| Apr 2026 | $615K | $0 | $615K |
| Mar 2026 | $989K | $0 | $989K |
| Feb 2026 | $0 | $0 | $0 |
| Jan 2026 | $774K | $0 | $774K |
| Dec 2025 | $0 | $329K | −$329K |
| Nov 2025 | $0 | $0 | $0 |
| Oct 2025 | $0 | $0 | $0 |
| Sep 2025 | $120K | $0 | $120K |
| Aug 2025 | $488K | $981K | −$492K |
| Jul 2025 | $0 | $0 | $0 |
| Jun 2025 | $0 | $0 | $0 |
ZVOL Assets Under Management
Net assets of Volatility Premium Plus ETF by report date, from SEC N-PORT filings.
| Report date | Net assets |
|---|---|
| 2026-05-31 | $12.27M |
| 2026-02-28 | $12.49M |
| 2025-11-30 | $13.55M |
| 2025-08-31 | $15.03M |
| 2025-05-31 | $16.69M |
| 2025-02-28 | $19.78M |
| 2024-11-30 | $20.91M |
| 2024-08-31 | $11.15M |
| 2024-05-31 | $7.86M |
| 2024-02-29 | $4.91M |
| 2023-11-30 | $3.98M |
| 2023-08-31 | $9.58M |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.