ProShares Short VIX Short-Term Futures ETF (SVXY)
SVXY is a passive ETF by ProShares tracking the investment results of the S&P 500 VIX Short-Term Futures Index (-100%). SVXY launched on Oct 3, 2011 and has a 1.38% expense ratio.
ETF Info
ISIN | US74347W1302 |
---|---|
CUSIP | 74347W130 |
Issuer | ProShares |
Inception Date | Oct 3, 2011 |
Region | North America (U.S.) |
Category | Leveraged, Volatility |
Leveraged | 0.5x |
Index Tracked | S&P 500 VIX Short-Term Futures Index (-100%) |
Asset Class | Volatility |
Expense Ratio
The ProShares Short VIX Short-Term Futures ETF has a high expense ratio of 1.38%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in ProShares Short VIX Short-Term 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
ProShares Short VIX Short-Term Futures ETF had a return of 10.00% year-to-date (YTD) and 82.04% in the last 12 months. Over the past 10 years, ProShares Short VIX Short-Term Futures ETF had an annualized return of -0.55%, while the S&P 500 had an annualized return of 10.96%, indicating that ProShares Short VIX Short-Term Futures ETF did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 10.00% | 10.04% |
1 month | 3.99% | 3.53% |
6 months | 33.61% | 22.79% |
1 year | 82.04% | 32.16% |
5 years (annualized) | 16.83% | 13.15% |
10 years (annualized) | -0.55% | 10.96% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.17% | 5.50% | ||||||||||
2023 | 1.65% | -4.44% | -2.46% | 16.39% | 5.49% |
Risk-Adjusted Performance
Risk-Adjusted Performance Indicators
This table presents risk-adjusted performance metrics for ProShares Short VIX Short-Term Futures ETF (SVXY) and compares them with a selected benchmark (^GSPC). These performance indicators 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 | Ulcer Index | |
---|---|---|---|---|---|
ProShares Short VIX Short-Term Futures ETF | 3.42 | ||||
S&P 500 | 2.76 |
Dividends
Dividend History
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the ProShares Short VIX Short-Term 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 ProShares Short VIX Short-Term Futures ETF was 95.25%, occurring on Mar 18, 2020. The portfolio has not yet recovered.
The current ProShares Short VIX Short-Term Futures ETF drawdown is 79.43%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-95.25% | Jan 12, 2018 | 548 | Mar 18, 2020 | — | — | — |
-67.94% | Jun 24, 2015 | 161 | Feb 11, 2016 | 218 | Dec 21, 2016 | 379 |
-47.3% | Jul 7, 2014 | 145 | Jan 30, 2015 | 98 | Jun 22, 2015 | 243 |
-38.97% | Mar 27, 2012 | 47 | Jun 1, 2012 | 45 | Aug 6, 2012 | 92 |
-33.23% | Oct 31, 2011 | 19 | Nov 25, 2011 | 29 | Jan 9, 2012 | 48 |
Volatility
Volatility Chart
The current ProShares Short VIX Short-Term Futures ETF volatility is 4.72%, 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.