-1x Short VIX Futures ETF (SVIX) belongs to the Volatility category. Below you'll find alternative ETFs from the same category, ranked by key criteria, plus funds that investors commonly compare with SVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SVIX
SVIX charges 1.47% annually. There are 8 ETFs in the Volatility category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | 0.50% | 547.01M | May 2021 | SVIX vs SVOL | |
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.50% | 6.57M | Jan 2022 | SVIX vs WEIX | |
| ProShares VIX Short-Term Futures ETF | 0.85% | 210.93M | Jan 2011 | SVIX vs VIXY | |
| ProShares VIX Mid-Term Futures ETF | 0.85% | 43.28M | Jan 2011 | SVIX vs VIXM | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 0.89% | 494.92M | Jan 2018 | SVIX vs VXX |
Best Risk-Adjusted Alternatives to SVIX
SVIX has a PortfoliosLab risk / return rank of 29. There is 1 ETF in the Volatility category with a higher risk-adjusted rank, going as high as 34.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares Short VIX Short-Term Futures ETF | 34 | 249.76M | Oct 2011 | SVIX vs SVXY | |
| Simplify Volatility Premium ETF | 27 | 547.01M | May 2021 | SVIX vs SVOL | |
| Volatility Premium Plus ETF | 23 | 14.96M | Apr 2023 | SVIX vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | 3 | 43.28M | Jan 2011 | SVIX vs VIXM | |
| 2x Long VIX Futures ETF | 1 | 413.77M | Mar 2022 | SVIX vs UVIX |
Top Performing SVIX Alternatives (YTD)
SVIX is at -8.30% YTD. There are 4 ETFs in the Volatility category with higher YTD returns, going as high as 1.12%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Premium Plus ETF | 1.12% | 14.96M | Apr 2023 | SVIX vs ZVOL | |
| Simplify Volatility Premium ETF | -0.40% | 547.01M | May 2021 | SVIX vs SVOL | |
| ProShares Short VIX Short-Term Futures ETF | -0.69% | 249.76M | Oct 2011 | SVIX vs SVXY | |
| ProShares VIX Mid-Term Futures ETF | -1.77% | 43.28M | Jan 2011 | SVIX vs VIXM | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -9.82% | 494.92M | Jan 2018 | SVIX vs VXX |
Lowest Volatility Alternatives to SVIX
SVIX has 55.33% 1-year volatility. There are 4 ETFs in the Volatility category with lower 1-year volatility, going as low as 18.66%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Premium Plus ETF | 18.66% | 14.96M | Apr 2023 | SVIX vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | 18.70% | 43.28M | Jan 2011 | SVIX vs VIXM | |
| Simplify Volatility Premium ETF | 20.52% | 547.01M | May 2021 | SVIX vs SVOL | |
| ProShares Short VIX Short-Term Futures ETF | 28.95% | 249.76M | Oct 2011 | SVIX vs SVXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 56.26% | 494.92M | Jan 2018 | SVIX vs VXX |
Lowest Drawdown Alternatives to SVIX
SVIX has a 1-year max drawdown of -42.69%. There are 4 ETFs in the Volatility category with shallower 1-year drawdowns, going as shallow as -13.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | -13.01% | 547.01M | May 2021 | SVIX vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | -15.53% | 43.28M | Jan 2011 | SVIX vs VIXM | |
| Volatility Premium Plus ETF | -16.46% | 14.96M | Apr 2023 | SVIX vs ZVOL | |
| ProShares Short VIX Short-Term Futures ETF | -22.94% | 249.76M | Oct 2011 | SVIX vs SVXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -54.18% | 494.92M | Jan 2018 | SVIX vs VXX |
Other ETFs from Volatility Shares
The 6 most viewed Volatility Shares ETFs shown here include BITX, ETHU, SOLZ and span 4 categories. AUM among these funds goes as high as $804M.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| 2x Bitcoin Strategy ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -57.54% | 804.24M | Jun 2023 | SVIX vs BITX | |
| Volatility Shares 2x Ether ETF | Leveraged Cryptocurrency, Cryptocurrency | 4 | -76.57% | 710.53M | Jun 2024 | SVIX vs ETHU | |
| Solana ETF | Cryptocurrency | 3 | -45.34% | 87.48M | Mar 2025 | SVIX vs SOLZ | |
| -1x Short VIX Mid-Term Futures Strategy ETF | Inverse Equities | — | — | 12.30M | Apr 2023 | SVIX vs ZIVB | |
| Volatility Shares 2x XRP ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -74.98% | — | May 2025 | SVIX vs XRPT | |
| 2x Solana ETF | Blockchain | 3 | -77.47% | 128.58M | Mar 2025 | SVIX vs SOLT |
Often Compared With SVIX
Investors most often compare SVIX with SPY, TQQQ, JEPI. These 20 comparison targets span 12 categories, based on PortfoliosLab usage data.
Compare SVIX with Any Fund or Stock
Compare SVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SVIX with funds that move differently
-1x Short VIX Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SVIX.
Explore SVIX Diversifiers