Volatility Shares 2x Long VIX Futures ETF (UVIX) Alternatives
Volatility Shares 2x Long VIX Futures ETF (UVIX) 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 UVIX. Use the tables to find lower-cost options, better risk-adjusted returns, or funds that fit a different role in your portfolio.
Cheapest Alternatives to UVIX
UVIX charges 2.78% annually. Among ETFs in the Volatility category, these options have the lowest expense ratios among UVIX alternatives.
| Symbol | Name | Expense Ratio | Inception | |
|---|---|---|---|---|
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.50% | Jan 13, 2022 | UVIX vs WEIX | |
| Simplify Volatility Premium ETF | 0.50% | May 12, 2021 | UVIX vs SVOL | |
| ProShares VIX Mid-Term Futures ETF | 0.85% | Jan 3, 2011 | UVIX vs VIXM | |
| ProShares VIX Short-Term Futures ETF | 0.85% | Jan 3, 2011 | UVIX vs VIXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 0.89% | Jan 19, 2018 | UVIX vs VXX |
Best Risk-Adjusted Alternatives to UVIX
Among ETFs in the Volatility category, these options rank highest on PortfoliosLab's risk-adjusted score, which accounts for volatility, drawdown, and return consistency over a 1-year period.
| Symbol | Name | Risk / Return Rank | Inception | |
|---|---|---|---|---|
| ProShares VIX Mid-Term Futures ETF | 21 | Jan 3, 2011 | UVIX vs VIXM | |
| Simplify Volatility Premium ETF | 17 | May 12, 2021 | UVIX vs SVOL | |
| ProShares Short VIX Short-Term Futures ETF | 13 | Oct 3, 2011 | UVIX vs SVXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 7 | Jan 19, 2018 | UVIX vs VXX | |
| ProShares VIX Short-Term Futures ETF | 6 | Jan 3, 2011 | UVIX vs VIXY |
Top Performing UVIX Alternatives (YTD)
UVIX alternatives from the Volatility category, sorted by year-to-date return.
| Symbol | Name | YTD Return | Inception | |
|---|---|---|---|---|
| ProShares Ultra VIX Short-Term Futures ETF | 45.56% | Oct 3, 2011 | UVIX vs UVXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 34.87% | Jan 19, 2018 | UVIX vs VXX | |
| ProShares VIX Short-Term Futures ETF | 33.97% | Jan 3, 2011 | UVIX vs VIXY | |
| ProShares VIX Mid-Term Futures ETF | 12.31% | Jan 3, 2011 | UVIX vs VIXM | |
| Simplify Volatility Premium ETF | -7.92% | May 12, 2021 | UVIX vs SVOL |
Lowest Volatility Alternatives to UVIX
UVIX alternatives from the Volatility category, sorted by annualized volatility over the past year.
| Symbol | Name | Volatility 1Y | Inception | |
|---|---|---|---|---|
| Dynamic Shares Trust - Dynamic Short Short-Term Vo... | 0.00% | Jan 13, 2022 | UVIX vs WEIX | |
| Volatility Premium Plus ETF | 29.52% | Apr 17, 2023 | UVIX vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | 29.79% | Jan 3, 2011 | UVIX vs VIXM | |
| ProShares Short VIX Short-Term Futures ETF | 38.20% | Oct 3, 2011 | UVIX vs SVXY | |
| Simplify Volatility Premium ETF | 38.84% | May 12, 2021 | UVIX vs SVOL |
Lowest Drawdown Alternatives to UVIX
UVIX alternatives from the Volatility category, sorted by maximum drawdown over the past year.
| Symbol | Name | Max Drawdown 1Y | Inception | |
|---|---|---|---|---|
| Volatility Premium Plus ETF | -22.85% | Apr 17, 2023 | UVIX vs ZVOL | |
| ProShares VIX Mid-Term Futures ETF | -23.73% | Jan 3, 2011 | UVIX vs VIXM | |
| Simplify Volatility Premium ETF | -24.73% | May 12, 2021 | UVIX vs SVOL | |
| ProShares Short VIX Short-Term Futures ETF | -26.50% | Oct 3, 2011 | UVIX vs SVXY | |
| ProShares VIX Short-Term Futures ETF | -69.84% | Jan 3, 2011 | UVIX vs VIXY |
Other ETFs from Volatility Shares
Most popular Volatility Shares ETFs on PortfoliosLab, across asset classes.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | Inception | |
|---|---|---|---|---|---|---|
| Volatility Shares 2x Bitcoin Strategy ETF | Cryptocurrency, Leveraged Cryptocurrency | 3 | -46.69% | Jun 27, 2023 | UVIX vs BITX | |
| Volatility Shares -1x Short VIX Futures ETF | Inverse Equities | 8 | -35.16% | Mar 28, 2022 | UVIX vs SVIX | |
| Volatility Shares 2x Ether ETF | Cryptocurrency, Leveraged Cryptocurrency | 13 | -59.04% | Nov 1, 2023 | UVIX vs ETHU | |
| -1x Short VIX Mid-Term Futures Strategy ETF | Inverse Equities, Leveraged | 4 | -11.39% | Apr 17, 2023 | UVIX vs ZIVB | |
| Solana ETF | Cryptocurrency | 4 | -34.00% | Mar 19, 2025 | UVIX vs SOLZ | |
| Volatility Shares One+One Nasdaq-100® and Bitcoin ... | Leveraged Equities, Leveraged Cryptocurrency | 8 | -28.69% | Feb 18, 2025 | UVIX vs OOQB | |
| Volatility Shares 2x XRP ETF | Cryptocurrency, Leveraged Cryptocurrency | — | -59.04% | May 22, 2025 | UVIX vs XRPT |
Often Compared With UVIX
What investors most often compare with UVIX, based on PortfoliosLab usage data.
Compare UVIX with Any Fund or Stock
Compare UVIX with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.