PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
ProShares Ultra VIX Short-Term Futures ETF (UVXY)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

ETF Info

ISIN

US74347W1484

CUSIP

74347Y839

Issuer

ProShares

Inception Date

Oct 3, 2011

Region

North America (U.S.)

Leveraged

1.5x

Index Tracked

S&P 500 VIX SHORT-TERM FUTURES TR (150%)

Asset Class

Volatility

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
UVXY vs. VXX UVXY vs. SVXY UVXY vs. VIXY UVXY vs. SQQQ UVXY vs. UVIX UVXY vs. SPY UVXY vs. SPXS UVXY vs. VIXM UVXY vs. QID UVXY vs. TQQQ
Popular comparisons:
UVXY vs. VXX UVXY vs. SVXY UVXY vs. VIXY UVXY vs. SQQQ UVXY vs. UVIX UVXY vs. SPY UVXY vs. SPXS UVXY vs. VIXM UVXY vs. QID UVXY vs. TQQQ

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in ProShares Ultra 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.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%20.00%JuneJulyAugustSeptemberOctoberNovember
-100.00%
11.50%
UVXY (ProShares Ultra VIX Short-Term Futures ETF)
Benchmark (^GSPC)

Returns By Period

ProShares Ultra VIX Short-Term Futures ETF had a return of -45.33% year-to-date (YTD) and -56.76% in the last 12 months. Over the past 10 years, ProShares Ultra VIX Short-Term Futures ETF had an annualized return of -65.69%, while the S&P 500 had an annualized return of 11.13%, indicating that ProShares Ultra VIX Short-Term Futures ETF did not perform as well as the benchmark.


UVXY

YTD

-45.33%

1M

-11.34%

6M

-9.32%

1Y

-56.76%

5Y (annualized)

-69.02%

10Y (annualized)

-65.69%

^GSPC (Benchmark)

YTD

24.05%

1M

1.08%

6M

11.50%

1Y

30.38%

5Y (annualized)

13.77%

10Y (annualized)

11.13%

Monthly Returns

The table below presents the monthly returns of UVXY, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024-4.86%-15.82%-6.51%5.28%-22.45%-8.76%7.14%-13.44%14.20%24.11%-45.33%
2023-28.43%1.63%-6.81%-23.44%-14.33%-39.38%-13.90%-8.98%11.87%-1.42%-37.42%-15.60%-87.70%
202222.45%15.24%-23.26%35.74%-24.25%4.99%-28.97%-0.87%25.61%-23.66%-23.34%-8.78%-44.81%
202137.46%-34.84%-40.78%-18.05%-21.90%-22.62%2.00%-23.58%12.56%-33.03%24.82%-39.42%-88.33%
20209.39%62.55%155.50%-28.40%-19.94%-2.38%-23.56%-9.58%-12.05%8.33%-48.33%-4.48%-17.38%
2019-35.29%-17.30%-11.07%-18.28%26.27%-21.55%-14.29%17.64%-17.98%-25.12%-23.90%-13.14%-84.23%
201813.12%48.23%8.24%-18.62%-17.04%-1.36%-22.45%-12.12%-12.49%63.67%-13.28%56.48%60.10%
2017-43.04%-10.51%-27.49%-12.31%-22.50%-11.37%-23.56%-2.15%-29.31%-25.63%-12.21%-24.09%-94.17%
20160.00%0.00%0.00%0.00%0.00%0.00%0.00%-0.75%-16.12%-0.36%-36.11%-17.45%-56.25%
20150.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20140.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
20130.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Expense Ratio

UVXY has a high expense ratio of 0.95%, indicating higher-than-average management fees.


Expense ratio chart for UVXY: current value at 0.95% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.95%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of UVXY is 2, indicating that it is in the bottom 2% of ETFs on our website in terms of risk-adjusted performance. This ranking is based on the combined values of the indicators listed below.


The Risk-Adjusted Performance Rank of UVXY is 22
Combined Rank
The Sharpe Ratio Rank of UVXY is 33
Sharpe Ratio Rank
The Sortino Ratio Rank of UVXY is 33
Sortino Ratio Rank
The Omega Ratio Rank of UVXY is 33
Omega Ratio Rank
The Calmar Ratio Rank of UVXY is 11
Calmar Ratio Rank
The Martin Ratio Rank of UVXY is 11
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for ProShares Ultra VIX Short-Term Futures ETF (UVXY) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for UVXY, currently valued at -0.52, compared to the broader market0.002.004.00-0.522.46
The chart of Sortino ratio for UVXY, currently valued at -0.50, compared to the broader market-2.000.002.004.006.008.0010.0012.00-0.503.31
The chart of Omega ratio for UVXY, currently valued at 0.94, compared to the broader market0.501.001.502.002.503.000.941.46
The chart of Calmar ratio for UVXY, currently valued at -0.58, compared to the broader market0.005.0010.0015.00-0.583.55
The chart of Martin ratio for UVXY, currently valued at -1.26, compared to the broader market0.0020.0040.0060.0080.00100.00-1.2615.76
UVXY
^GSPC

The current ProShares Ultra VIX Short-Term Futures ETF Sharpe ratio is -0.52. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of ProShares Ultra VIX Short-Term Futures ETF with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.

Rolling 12-month Sharpe Ratio-1.000.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.52
2.46
UVXY (ProShares Ultra VIX Short-Term Futures ETF)
Benchmark (^GSPC)

Dividends

Dividend History


ProShares Ultra VIX Short-Term Futures ETF doesn't pay dividends

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-100.00%-80.00%-60.00%-40.00%-20.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-100.00%
-1.40%
UVXY (ProShares Ultra VIX Short-Term Futures ETF)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the ProShares Ultra 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 Ultra VIX Short-Term Futures ETF was 100.00%, occurring on Nov 14, 2024. The portfolio has not yet recovered.

The current ProShares Ultra VIX Short-Term Futures ETF drawdown is 100.00%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-100%Nov 7, 20162019Nov 14, 2024
-33.85%Sep 21, 201624Oct 24, 20168Nov 3, 201632
-16%Aug 29, 20167Sep 7, 20162Sep 9, 20169
-3%Sep 12, 20161Sep 12, 20161Sep 13, 20162
-1.95%Aug 18, 20161Aug 18, 20164Aug 24, 20165

Volatility

Volatility Chart

The current ProShares Ultra VIX Short-Term Futures ETF volatility is 30.46%, 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.


0.00%20.00%40.00%60.00%80.00%JuneJulyAugustSeptemberOctoberNovember
30.46%
4.07%
UVXY (ProShares Ultra VIX Short-Term Futures ETF)
Benchmark (^GSPC)