Volatility Premium Plus ETF (ZIVB) is an exchange-traded fund that seeks to provide investment results corresponding to the performance of the Volatility Premium Plus Index, which captures volatility premiums through a combination of short volatility futures positions and long equity exposure. The fund offers investors exposure to volatility risk premium strategies; short-term volatility futures contracts; medium-term volatility futures contracts; and a diversified equity sleeve tracking the S&P 500 Index. It operates primarily in the United States market, targeting institutional and retail investors seeking alternative fixed-income-like returns with lower correlation to traditional equities.
ZIVB was launched in late 2024 and is headquartered in New York, managed by Simplify Asset Management, a specialist in volatility and options-based exchange-traded products. The fund's structure emphasizes systematic harvesting of volatility premiums via contango in VIX futures curves, collateralized by equity holdings for enhanced yield. No major acquisitions, funding rounds, or strategic shifts have been reported in the past year; however, Simplify Asset Management expanded its volatility ETF suite with ZIVB as a flagship product to address demand for premium-capturing strategies amid persistent market volatility.