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 1.38% annually. There are 7 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% | 563.43M | May 2021 | SVXY vs SVOL | |
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.50% | 6.57M | Jan 2022 | SVXY vs WEIX | |
| ProShares VIX Short-Term Futures ETF | 0.85% | 229.68M | Jan 2011 | SVXY vs VIXY | |
| ProShares VIX Mid-Term Futures ETF | 0.85% | 44.93M | Jan 2011 | SVXY vs VIXM | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 0.89% | 510.38M | Jan 2018 | SVXY vs VXX |
Best Risk-Adjusted Alternatives to SVXY
SVXY has a PortfoliosLab risk / return rank of 31. No ETFs in the Volatility category have higher risk-adjusted ranks; the top alternatives shown here go as high as 18.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | 18 | 563.43M | May 2021 | SVXY vs SVOL | |
| Volatility Premium Plus ETF | 16 | 14.96M | Apr 2023 | SVXY vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | 4 | 44.93M | Jan 2011 | SVXY vs VIXM | |
| Volatility Shares 2x Long VIX Futures ETF | 2 | 425.83M | Mar 2022 | SVXY vs UVIX | |
| ProShares Ultra VIX Short-Term Futures ETF | 1 | 398.99M | Oct 2011 | SVXY vs UVXY |
Top Performing SVXY Alternatives (YTD)
SVXY is at -0.92% YTD. There are 2 ETFs in the Volatility category with higher YTD returns, going as high as 1.31%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| ProShares VIX Mid-Term Futures ETF | 1.31% | 44.93M | Jan 2011 | SVXY vs VIXM | |
| Simplify Volatility Premium ETF | -0.40% | 563.43M | May 2021 | SVXY vs SVOL | |
| Volatility Premium Plus ETF | -2.29% | 14.96M | Apr 2023 | SVXY vs ZVOL | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -8.16% | 510.38M | Jan 2018 | SVXY vs VXX | |
| ProShares VIX Short-Term Futures ETF | -8.27% | 229.68M | Jan 2011 | SVXY vs VIXY |
Lowest Volatility Alternatives to SVXY
SVXY has 28.62% 1-year volatility. There are 4 ETFs in the Volatility category with lower 1-year volatility, going as low as 0.00%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.00% | 6.57M | Jan 2022 | SVXY vs WEIX | |
| Volatility Premium Plus ETF | 18.74% | 14.96M | Apr 2023 | SVXY vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | 18.98% | 44.93M | Jan 2011 | SVXY vs VIXM | |
| Simplify Volatility Premium ETF | 20.90% | 563.43M | May 2021 | SVXY vs SVOL | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 55.57% | 510.38M | 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 -13.01%.
| Symbol | Name | Max Drawdown 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | -13.01% | 563.43M | May 2021 | SVXY vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | -15.22% | 44.93M | Jan 2011 | SVXY vs VIXM | |
| Volatility Premium Plus ETF | -16.46% | 14.96M | Apr 2023 | SVXY vs ZVOL | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -56.23% | 510.38M | Jan 2018 | SVXY vs VXX | |
| ProShares VIX Short-Term Futures ETF | -56.72% | 229.68M | Jan 2011 | SVXY vs VIXY |
Other ETFs from ProShares
The 10 most viewed ProShares ETFs shown here include TQQQ, BITO, QLD and span 8 categories. AUM among these funds goes as high as $40B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 71 | 64.46% | 39.77B | Feb 2010 | SVXY vs TQQQ | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -26.37% | 1.70B | Oct 2021 | SVXY vs BITO | |
| ProShares Ultra QQQ | Leveraged Equities | 69 | 42.06% | 14.46B | Jun 2006 | SVXY vs QLD | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 62 | 27.90% | 5.55B | Jun 2009 | SVXY vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 62 | 19.37% | 8.38B | Jun 2006 | SVXY vs SSO | |
| ProShares S&P 500 Dividend Aristocrats ETF | S&P 500, Dividend | 22 | 3.51% | 11.07B | Oct 2013 | SVXY vs NOBL | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 90 | 114.00% | 3.05B | Jan 2007 | SVXY vs USD | |
| ProShares UltraPro Short QQQ | Leveraged Equities | 0 | -45.27% | 2.23B | Feb 2010 | SVXY vs SQQQ | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -52.92% | 446.55M | Apr 2024 | SVXY vs BITU | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 70 | 18.72% | 429.77M | Mar 2024 | SVXY vs IQQQ |
Often Compared With SVXY
Investors most often compare SVXY with SVIX, SPY, ZIVB. These 19 comparison targets span 12 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