VIXM
Asset Allocation
| Position | Category/Sector | Target Weight |
|---|---|---|
VIXM ProShares VIX Mid-Term Futures ETF | Volatility | 50% |
VIXY ProShares VIX Short-Term Futures ETF | Volatility | 50% |
VOO Vanguard S&P 500 ETF | Large Cap Growth Equities | 0% |
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in VIXM, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends. The portfolio is never rebalanced.
The earliest data available for this chart is Jan 4, 2011, corresponding to the inception date of VIXM
Returns By Period
As of Apr 19, 2025, the VIXM returned 29.98% Year-To-Date and -12.26% of annualized return in the last 10 years.
| YTD | 1M | 6M | 1Y | 5Y* | 10Y* | |
|---|---|---|---|---|---|---|
^GSPC S&P 500 | -10.18% | -6.92% | -9.92% | 5.42% | 12.98% | 9.70% |
| VIXM | 29.98% | 21.66% | 28.63% | 13.20% | -14.16% | -12.26% |
| Portfolio components: | ||||||
VOO Vanguard S&P 500 ETF | -9.88% | -6.86% | -9.35% | 6.85% | 14.69% | 11.66% |
VIXM ProShares VIX Mid-Term Futures ETF | 29.94% | 21.62% | 28.61% | 13.19% | -13.63% | -10.67% |
VIXY ProShares VIX Short-Term Futures ETF | 55.40% | 45.36% | 38.26% | 16.60% | -51.43% | -44.04% |
Monthly Returns
The table below presents the monthly returns of VIXM, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 1.38% | 3.07% | 4.91% | 18.58% | 29.98% | ||||||||
| 2024 | -3.82% | -3.30% | 1.72% | -3.02% | -9.57% | 3.08% | 0.50% | 0.13% | 4.80% | 3.26% | -11.95% | 5.24% | -13.70% |
| 2023 | -17.24% | 3.10% | 3.49% | -0.20% | -6.73% | -18.04% | -5.43% | -1.45% | 1.69% | 4.88% | -15.50% | -2.69% | -44.93% |
| 2022 | -0.05% | 5.15% | -1.92% | 11.47% | -2.21% | 3.04% | -8.74% | 3.33% | 6.37% | -6.72% | -6.71% | -1.83% | -0.81% |
| 2021 | 16.09% | -3.29% | -15.28% | -2.67% | -6.02% | -5.04% | 3.76% | -3.69% | 5.79% | -6.00% | 8.05% | -7.04% | -17.53% |
| 2020 | -0.47% | 12.31% | 64.09% | 0.61% | 1.12% | 1.72% | -1.77% | 0.89% | 1.26% | 1.40% | -13.54% | 2.38% | 70.96% |
| 2019 | -12.90% | -8.54% | 0.08% | -2.33% | 8.44% | -5.85% | -0.09% | 8.99% | -0.14% | -3.97% | -3.53% | -3.82% | -22.98% |
| 2018 | 1.48% | 17.26% | 6.66% | -6.90% | -6.94% | -0.13% | -6.21% | -2.10% | -3.14% | 21.25% | -4.60% | 13.44% | 28.13% |
| 2017 | -13.32% | -4.19% | -10.35% | -5.98% | -2.54% | -6.66% | -7.93% | 3.76% | -4.88% | -8.41% | 0.94% | -9.80% | -51.75% |
| 2016 | 10.72% | 4.76% | -17.05% | 2.37% | -8.02% | 2.17% | -11.25% | -1.76% | -3.78% | -1.62% | -6.08% | -1.44% | -29.28% |
| 2015 | 9.57% | -14.50% | -1.19% | -6.62% | -7.23% | 0.51% | -9.16% | 31.59% | -0.84% | -17.15% | -0.05% | 1.26% | -19.88% |
| 2014 | 6.52% | -5.80% | -3.84% | -3.68% | -7.01% | -10.79% | 2.43% | -4.94% | 7.24% | -2.44% | -4.37% | 7.42% | -19.31% |
Expense Ratio
VIXM has an expense ratio of 0.85%, placing it in the medium range. Below, you can find the expense ratios of the portfolio's funds side by side and easily compare their relative costs.
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of VIXM is 37, indicating average performance compared to other portfolios on our website. Here’s a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
This table presents a comparison of risk-adjusted performance metrics for positions. 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.
| Sharpe ratio | Sortino ratio | Omega ratio | Calmar ratio | Martin ratio | |
|---|---|---|---|---|---|
VOO Vanguard S&P 500 ETF | 0.32 | 0.57 | 1.08 | 0.32 | 1.42 |
VIXM ProShares VIX Mid-Term Futures ETF | 0.29 | 0.83 | 1.11 | 0.14 | 0.60 |
VIXY ProShares VIX Short-Term Futures ETF | 0.17 | 1.10 | 1.14 | 0.17 | 0.41 |
Dividends
Dividend yield
VIXM provided a 0.00% dividend yield over the last twelve months.
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the VIXM. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the VIXM was 98.39%, occurring on Nov 29, 2024. The portfolio has not yet recovered.
The current VIXM drawdown is 97.80%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -98.39% | Oct 4, 2011 | 3311 | Nov 29, 2024 | — | — | — |
| -36.59% | Mar 17, 2011 | 78 | Jul 7, 2011 | 30 | Aug 18, 2011 | 108 |
| -21.96% | Jan 5, 2011 | 28 | Feb 14, 2011 | 21 | Mar 16, 2011 | 49 |
| -7.43% | Aug 23, 2011 | 5 | Aug 29, 2011 | 8 | Sep 9, 2011 | 13 |
| -6.97% | Sep 13, 2011 | 4 | Sep 16, 2011 | 4 | Sep 22, 2011 | 8 |
Volatility
Volatility Chart
The current VIXM volatility is 21.22%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
Diversification
Asset Correlations Table
| VOO | VIXM | VIXY | |
|---|---|---|---|
| VOO | 1.00 | -0.74 | -0.78 |
| VIXM | -0.74 | 1.00 | 0.90 |
| VIXY | -0.78 | 0.90 | 1.00 |