Volatility Shares -1x Short VIX Futures ETF (SVIX) belongs to the Inverse Equities 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 67 ETFs in the Inverse Equities category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily S&P 500 Bear 1x Shares | 0.50% | 213.79M | Jun 2016 | SVIX vs SPDN | |
| Direxion Daily Magnificent 7 Bear 1X Shares | 0.57% | 27.70M | Mar 2024 | SVIX vs QQQD | |
| ProShares Decline of the Retail Store ETF | 0.66% | 3.01M | Nov 2017 | SVIX vs EMTY | |
| Tradr Short Innovation Daily ETF | 0.75% | 56.18M | Nov 2021 | SVIX vs SARK | |
| ProShares Short S&P500 | 0.90% | 981.01M | Jun 2006 | SVIX vs SH |
Best Risk-Adjusted Alternatives to SVIX
SVIX has a PortfoliosLab risk / return rank of 28. There is 1 ETF in the Inverse Equities category with a higher risk-adjusted rank, going as high as 31.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily NFLX Bear 1X Shares | 31 | 5.31M | Oct 2024 | SVIX vs NFXS | |
| T-REX 2X Inverse MSTR Daily Target ETF | 21 | 118.12M | Sep 2024 | SVIX vs MSTZ | |
| Direxion Daily BRKB Bear 1X Shares | 20 | 2.34M | Dec 2024 | SVIX vs BRKD | |
| Defiance Daily Target 2X Short MSTR ETF | 18 | 30.99M | Aug 2024 | SVIX vs SMST | |
| Direxion Daily META Bear 1X ETF | 11 | 7.88M | Jun 2024 | SVIX vs METD |
Top Performing SVIX Alternatives (YTD)
SVIX is at -8.09% YTD. There are 22 ETFs in the Inverse Equities category with higher YTD returns, going as high as 9.13%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| YieldMax Short COIN Option Income Strategy ETF | 9.13% | 35.89M | Jul 2024 | SVIX vs FIAT | |
| Direxion Daily NFLX Bear 1X Shares | 8.89% | 5.31M | Oct 2024 | SVIX vs NFXS | |
| ProShares Short Financials | 7.71% | 15.40M | Jun 2008 | SVIX vs SEF | |
| Direxion Daily MSFT Bear 1X Shares | 6.94% | 13.89M | Sep 2022 | SVIX vs MSFD | |
| Direxion Daily PLTR Bear 1X Shares | 6.19% | 40.54M | Dec 2024 | SVIX vs PLTD |
Lowest Volatility Alternatives to SVIX
SVIX has 54.75% 1-year volatility. There are 41 ETFs in the Inverse Equities category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Mid-Term Futures Strategy ETF | 0.00% | 12.30M | Apr 2023 | SVIX vs ZIVB | |
| ProShares Short S&P500 | 11.78% | 981.01M | Jun 2006 | SVIX vs SH | |
| ProShares Short Dow30 | 12.07% | 108.72M | Jun 2006 | SVIX vs DOG | |
| Direxion Daily S&P 500 Bear 1x Shares | 12.09% | 213.79M | Jun 2016 | SVIX vs SPDN | |
| YieldMax Short N100 Option Income Strategy ETF | 12.52% | 13.26M | Aug 2024 | SVIX vs YQQQ |
Lowest Drawdown Alternatives to SVIX
SVIX has a 1-year max drawdown of -42.69%. There are 28 ETFs in the Inverse Equities category with shallower 1-year drawdowns, going as shallow as -9.34%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Direxion Daily BRKB Bear 1X Shares | -9.34% | 2.34M | Dec 2024 | SVIX vs BRKD | |
| ProShares Short Financials | -9.72% | 15.40M | Jun 2008 | SVIX vs SEF | |
| AdvisorShares Ranger Equity Bear ETF | -12.26% | 63.43M | Jan 2011 | SVIX vs HDGE | |
| ProShares Decline of the Retail Store ETF | -14.00% | 3.01M | Nov 2017 | SVIX vs EMTY | |
| ProShares Short Dow30 | -14.63% | 108.72M | Jun 2006 | SVIX vs DOG |
Other ETFs from Volatility Shares
The 8 most viewed Volatility Shares ETFs shown here include BITX, UVIX, ETHU and span 6 categories. AUM among these funds goes as high as $2B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| Volatility Shares 2x Bitcoin Strategy ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -49.59% | 1.03B | Jun 2023 | SVIX vs BITX | |
| Volatility Shares 2x Long VIX Futures ETF | Volatility | 1 | -31.70% | 425.83M | Mar 2022 | SVIX vs UVIX | |
| Volatility Shares 2x Ether ETF | Cryptocurrency, Leveraged Cryptocurrency | 4 | -67.60% | 2.03B | Nov 2023 | SVIX vs ETHU | |
| Volatility Premium Plus ETF | Volatility | 17 | -1.71% | 14.96M | Apr 2023 | SVIX vs ZVOL | |
| Solana ETF | Cryptocurrency | 3 | -40.09% | 225.52M | Mar 2025 | SVIX vs SOLZ | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | Nasdaq-100, Leveraged Equities, Leveraged Cryptocurrency | 5 | -18.43% | 1.44M | Feb 2025 | SVIX vs OOQB | |
| Volatility Shares 2x XRP ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -68.08% | — | May 2025 | SVIX vs XRPT | |
| 2x Solana ETF | Blockchain | 2 | -71.73% | 663.43M | Mar 2025 | SVIX vs SOLT |
Often Compared With SVIX
Investors most often compare SVIX with SVXY, SPY, TQQQ. These 20 comparison targets span 11 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
Volatility Shares -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