ProShares Short VIX Short-Term Futures ETF (SVXY) 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 SVXY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to SVXY
SVXY charges 0.95% annually. There are 5 ETFs in the Volatility category with lower expense ratios, going as low as 0.50%.
| Symbol | Name | Expense Ratio | AUM | Inception | |
|---|---|---|---|---|---|
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.50% | 6.57M | Jan 2022 | SVXY vs WEIX | |
| Simplify Volatility Premium ETF | 0.50% | 538.77M | May 2021 | SVXY vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | 0.85% | 39.94M | Jan 2011 | SVXY vs VIXM | |
| ProShares VIX Short-Term Futures ETF | 0.85% | 194.21M | Jan 2011 | SVXY vs VIXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 0.89% | 474.45M | Jan 2018 | SVXY vs VXX |
Best Risk-Adjusted Alternatives to SVXY
SVXY has a PortfoliosLab risk / return rank of 37. No ETFs in the Volatility category have higher risk-adjusted ranks; the top alternatives shown here go as high as 30.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| -1x Short VIX Futures ETF | 30 | 198.28M | Mar 2022 | SVXY vs SVIX | |
| Volatility Premium Plus ETF | 28 | 12.74M | Apr 2023 | SVXY vs ZVOL | |
| Simplify Volatility Premium ETF | 27 | 538.77M | May 2021 | SVXY vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | 3 | 39.94M | Jan 2011 | SVXY vs VIXM | |
| 2x Long VIX Futures ETF | 2 | 305.49M | Mar 2022 | SVXY vs UVIX |
Top Performing SVXY Alternatives (YTD)
SVXY is at 4.12% YTD. There is 1 ETF in the Volatility category with a higher YTD return, going as high as 5.55%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Premium Plus ETF | 5.55% | 12.74M | Apr 2023 | SVXY vs ZVOL | |
| Simplify Volatility Premium ETF | 2.12% | 538.77M | May 2021 | SVXY vs SVOL | |
| -1x Short VIX Futures ETF | -0.70% | 198.28M | Mar 2022 | SVXY vs SVIX | |
| ProShares VIX Mid-Term Futures ETF | -5.83% | 39.94M | Jan 2011 | SVXY vs VIXM | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -17.72% | 474.45M | Jan 2018 | SVXY vs VXX |
Lowest Volatility Alternatives to SVXY
SVXY has 28.92% 1-year volatility. There are 3 ETFs in the Volatility category with lower 1-year volatility, going as low as 17.35%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | 17.35% | 538.77M | May 2021 | SVXY vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | 18.66% | 39.94M | Jan 2011 | SVXY vs VIXM | |
| Volatility Premium Plus ETF | 18.82% | 12.74M | Apr 2023 | SVXY vs ZVOL | |
| -1x Short VIX Futures ETF | 55.42% | 198.28M | Mar 2022 | SVXY vs SVIX | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 56.27% | 474.45M | Jan 2018 | SVXY vs VXX |
Lowest Drawdown Alternatives to SVXY
SVXY has a 1-year max drawdown of -22.94%. There are 3 ETFs in the Volatility category with shallower 1-year drawdowns, going as shallow as -11.42%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | -11.42% | 538.77M | May 2021 | SVXY vs SVOL | |
| Volatility Premium Plus ETF | -16.46% | 12.74M | Apr 2023 | SVXY vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | -19.16% | 39.94M | Jan 2011 | SVXY vs VIXM | |
| -1x Short VIX Futures ETF | -42.69% | 198.28M | Mar 2022 | SVXY vs SVIX | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -53.98% | 474.45M | Jan 2018 | SVXY vs VXX |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, QLD, BITO and span 10 categories. AUM among these funds goes as high as $37B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 48 | 38.33% | 37.04B | Feb 2010 | SVXY vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 50 | 28.12% | 14.15B | Jun 2006 | SVXY vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 1 | -30.09% | 1.45B | Oct 2021 | SVXY vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 52 | 23.85% | 5.47B | Jun 2009 | SVXY vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 54 | 17.32% | 8.13B | Jun 2006 | SVXY vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 70 | 70.32% | 2.97B | Jan 2007 | SVXY vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 37 | 10.60% | 11.63B | Oct 2013 | SVXY vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -40.27% | 2.09B | Feb 2010 | SVXY vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 54 | 13.67% | 410.75M | Mar 2024 | SVXY vs IQQQ | |
| ProShares Ultra VIX Short-Term Futures ETF | Volatility | 2 | -32.31% | 216.19M | Oct 2011 | SVXY vs UVXY |
Often Compared With SVXY
Investors most often compare SVXY with SPY, ZIVB, IVOL. These 20 comparison targets span 20 categories, based on PortfoliosLab usage data.
Compare SVXY with Any Fund or Stock
Compare SVXY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair SVXY with funds that move differently
ProShares Short VIX Short-Term Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to SVXY.
Explore SVXY Diversifiers