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CBOE Volatility Index (^VIX)

Index · Currency in USD · Last updated Mar 23, 2023

Share Price Chart

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The chart shows the growth of $10,000 invested in CBOE Volatility Index in Oct 2022 and compares it to the S&P 500 index or another benchmark. It would be worth nearly $12,912 for a total return of roughly 29.12%. All prices are adjusted for splits and dividends.

^VIX (CBOE Volatility Index)
Benchmark (^GSPC)

S&P 500

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CBOE Volatility Index

Popular comparisons: ^VIX vs. XPEV, ^VIX vs. SPY, ^VIX vs. SVOL, ^VIX vs. ANGL, ^VIX vs. MGK, ^VIX vs. XYLD


CBOE Volatility Index had a return of 2.72% year-to-date (YTD) and -5.40% in the last 12 months. Over the past 10 years, CBOE Volatility Index had an annualized return of 5.07%, while the S&P 500 had an annualized return of 9.71%, indicating that CBOE Volatility Index did not perform as well as the benchmark.

1 month11.19%-3.48%
6 months-18.04%2.10%
1 year-5.40%-11.75%
5 years (annualized)-0.94%8.26%
10 years (annualized)5.07%9.71%

Monthly Returns Heatmap


Sharpe Ratio Chart

The Sharpe ratio shows whether the portfolio's excess returns are due to smart investment decisions or a result of taking a higher risk. The higher a portfolio's Sharpe ratio, the better its risk-adjusted performance.

The current CBOE Volatility Index Sharpe ratio is 0.18. A Sharpe ratio between 0 and 1.0 is considered sub-optimal.

The chart below displays rolling 12-month Sharpe Ratio.

^VIX (CBOE Volatility Index)
Benchmark (^GSPC)

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way.

^VIX (CBOE Volatility Index)
Benchmark (^GSPC)

Worst Drawdowns

The table below shows the maximum drawdowns of the CBOE Volatility Index. A maximum drawdown is an indicator of risk. It shows a reduction in portfolio value from its maximum due to a series of losing trades.

The maximum drawdown since January 2010 for the CBOE Volatility Index is 88.70%, recorded on Nov 3, 2017. It took 592 trading sessions for the portfolio to recover.



To Bottom


To Recover



-88.7%Nov 21, 20082255Nov 3, 2017592Mar 16, 20202847
-81.85%Mar 17, 2020405Oct 21, 2021
-78.38%Oct 9, 19982086Jan 24, 2007424Sep 29, 20082510
-74.47%Aug 24, 1990843Dec 22, 1993975Oct 30, 19971818
-57.51%Oct 31, 1997178Jul 17, 199829Aug 27, 1998207
-45.98%Jan 31, 199099Jun 21, 199030Aug 3, 1990129
-40.38%Oct 28, 20086Nov 4, 200812Nov 20, 200818
-35.09%Aug 7, 19907Aug 15, 19906Aug 23, 199013
-28.31%Sep 11, 19989Sep 23, 199811Oct 8, 199820
-24.68%Oct 20, 20081Oct 20, 20084Oct 24, 20085

Volatility Chart

Current CBOE Volatility Index volatility is 160.23%. The chart below shows the rolling 10-day volatility. Volatility is a statistical measure showing how big price swings are in either direction. The higher asset volatility, the riskier it is, because the price movements are less predictable.

^VIX (CBOE Volatility Index)
Benchmark (^GSPC)