Volatility Shares -1x Short VIX Futures ETF (SVIX)
The index provides a daily measure of the inverse performance of a portfolio, consisting of first and second month VIX futures contracts. Each day, this theoretical portfolio undergoes a roll-over process to ensure a consistent time to maturity for the futures contracts.
ETF Info
| ISIN | US92891H1014 |
|---|---|
| CUSIP | 92891H101 |
| Issuer | Volatility Shares |
| Inception Date | Mar 28, 2022 |
| Category | Inverse Equities |
| Leveraged | 1x |
| Home Page | www.volatilityshares.com |
| Asset Class | Alternatives |
Expense Ratio
SVIX has a high expense ratio of 1.47%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Popular comparisons: SVIX vs. SVXY, SVIX vs. UVIX, SVIX vs. SPY, SVIX vs. PSMJ, SVIX vs. EQQQ.L, SVIX vs. TQQQ, SVIX vs. QQQ, SVIX vs. USD, SVIX vs. JEPI, SVIX vs. NUSI
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Volatility Shares -1x Short VIX Futures ETF, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Volatility Shares -1x Short VIX Futures ETF had a return of -22.61% year-to-date (YTD) and -5.04% in the last 12 months.
| Period | Return | Benchmark |
|---|---|---|
| Year-To-Date | -22.61% | 25.48% |
| 1 month | 15.42% | 2.14% |
| 6 months | -36.65% | 12.76% |
| 1 year | -5.04% | 33.14% |
| 5 years (annualized) | N/A | 13.96% |
| 10 years (annualized) | N/A | 11.39% |
Monthly Returns
The table below presents the monthly returns of SVIX, 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | -0.16% | 9.69% | 2.52% | -7.25% | 15.86% | 4.72% | -8.68% | -26.60% | -15.27% | -16.96% | -22.61% | ||
| 2023 | 22.65% | -3.34% | -5.01% | 16.63% | 7.04% | 36.20% | 8.30% | 2.11% | -10.18% | -7.07% | 33.46% | 9.11% | 157.37% |
| 2022 | -6.40% | -24.93% | 7.69% | -8.37% | 23.17% | -3.12% | -16.92% | 17.75% | 16.64% | 3.53% | -2.27% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of SVIX is 7, indicating that it is in the bottom 7% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Volatility Shares -1x Short VIX Futures ETF (SVIX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
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 Volatility Shares -1x Short VIX Futures ETF. 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 Volatility Shares -1x Short VIX Futures ETF was 62.55%, occurring on Aug 5, 2024. The portfolio has not yet recovered.
The current Volatility Shares -1x Short VIX Futures ETF drawdown is 42.44%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -62.55% | Jul 15, 2024 | 16 | Aug 5, 2024 | — | — | — |
| -39.4% | Apr 5, 2022 | 48 | Jun 13, 2022 | 143 | Jan 6, 2023 | 191 |
| -31.75% | Sep 15, 2023 | 31 | Oct 27, 2023 | 19 | Nov 24, 2023 | 50 |
| -27.64% | Mar 7, 2023 | 9 | Mar 17, 2023 | 20 | Apr 17, 2023 | 29 |
| -18.81% | Mar 28, 2024 | 12 | Apr 15, 2024 | 17 | May 8, 2024 | 29 |
Volatility
Volatility Chart
The current Volatility Shares -1x Short VIX Futures ETF volatility is 16.92%, 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.