ProShares VIX Mid-Term Futures ETF (VIXM) 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 VIXM. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.
Cheapest Alternatives to VIXM
VIXM charges 0.85% annually. There are 2 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% | 523.04M | May 2021 | VIXM vs SVOL | |
| Dynamic Short Short-Term Volatility Futures ETF | 0.50% | 6.57M | Jan 2022 | VIXM vs WEIX | |
| ProShares VIX Short-Term Futures ETF | 0.85% | 190.88M | Jan 2011 | VIXM vs VIXY | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 0.89% | 498.90M | Jan 2018 | VIXM vs VXX | |
| ProShares Ultra VIX Short-Term Futures ETF | 0.95% | 244.68M | Oct 2011 | VIXM vs UVXY |
Best Risk-Adjusted Alternatives to VIXM
VIXM has a PortfoliosLab risk / return rank of 3. There are 4 ETFs in the Volatility category with higher risk-adjusted ranks, going as high as 37.
| Symbol | Name | Risk / Return Rank | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Premium Plus ETF | 37 | 14.02M | Apr 2023 | VIXM vs ZVOL | |
| ProShares Short VIX Short-Term Futures ETF | 36 | 201.45M | Oct 2011 | VIXM vs SVXY | |
| Simplify Volatility Premium ETF | 35 | 523.04M | May 2021 | VIXM vs SVOL | |
| -1x Short VIX Futures ETF | 30 | 195.06M | Mar 2022 | VIXM vs SVIX | |
| 2x Long VIX Futures ETF | 2 | 268.36M | Mar 2022 | VIXM vs UVIX |
Top Performing VIXM Alternatives (YTD)
VIXM is at -5.57% YTD. There are 4 ETFs in the Volatility category with higher YTD returns, going as high as 5.04%.
| Symbol | Name | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|
| Volatility Premium Plus ETF | 5.04% | 14.02M | Apr 2023 | VIXM vs ZVOL | |
| ProShares Short VIX Short-Term Futures ETF | 4.93% | 201.45M | Oct 2011 | VIXM vs SVXY | |
| Simplify Volatility Premium ETF | 1.56% | 523.04M | May 2021 | VIXM vs SVOL | |
| -1x Short VIX Futures ETF | 0.29% | 195.06M | Mar 2022 | VIXM vs SVIX | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -19.64% | 498.90M | Jan 2018 | VIXM vs VXX |
Lowest Volatility Alternatives to VIXM
VIXM has 18.41% 1-year volatility. There is 1 ETF in the Volatility category with lower 1-year volatility, going as low as 17.06%.
| Symbol | Name | Volatility 1Y | AUM | Inception | |
|---|---|---|---|---|---|
| Simplify Volatility Premium ETF | 17.06% | 523.04M | May 2021 | VIXM vs SVOL | |
| Volatility Premium Plus ETF | 18.68% | 14.02M | Apr 2023 | VIXM vs ZVOL | |
| ProShares Short VIX Short-Term Futures ETF | 29.18% | 201.45M | Oct 2011 | VIXM vs SVXY | |
| -1x Short VIX Futures ETF | 55.85% | 195.06M | Mar 2022 | VIXM vs SVIX | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | 56.77% | 498.90M | Jan 2018 | VIXM vs VXX |
Lowest Drawdown Alternatives to VIXM
VIXM has a 1-year max drawdown of -19.36%. There are 2 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% | 523.04M | May 2021 | VIXM vs SVOL | |
| Volatility Premium Plus ETF | -16.46% | 14.02M | Apr 2023 | VIXM vs ZVOL | |
| ProShares Short VIX Short-Term Futures ETF | -22.94% | 201.45M | Oct 2011 | VIXM vs SVXY | |
| -1x Short VIX Futures ETF | -42.69% | 195.06M | Mar 2022 | VIXM vs SVIX | |
| iPath Series B S&P 500 VIX Short-Term Futures ETN | -51.79% | 498.90M | Jan 2018 | VIXM 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 $33B.
| Symbol | Name | Category | Risk / Return Rank | YTD Return | AUM | Inception | |
|---|---|---|---|---|---|---|---|
| ProShares UltraPro QQQ | Leveraged Equities | 45 | 42.48% | 32.83B | Feb 2010 | VIXM vs TQQQ | |
| ProShares Ultra QQQ | Leveraged Equities | 47 | 31.43% | 12.76B | Jun 2006 | VIXM vs QLD | |
| ProShares Bitcoin Strategy ETF | Cryptocurrency | 2 | -27.98% | 1.41B | Oct 2021 | VIXM vs BITO | |
| ProShares UltraPro S&P 500 | Leveraged Equities, S&P 500 | 59 | 33.75% | 5.15B | Jun 2009 | VIXM vs UPRO | |
| ProShares Ultra S&P500 | Leveraged Equities, S&P 500 | 61 | 23.77% | 7.81B | Jun 2006 | VIXM vs SSO | |
| ProShares Ultra Semiconductors | Leveraged Equities, Semiconductors | 56 | 71.41% | 2.47B | Jan 2007 | VIXM vs USD | |
| ProShares S&P 500 Dividend Aristocrats ETF | Dividend, S&P 500, Large Cap Value Equities | 46 | 12.94% | 11.68B | Oct 2013 | VIXM vs NOBL | |
| ProShares UltraPro Short QQQ | Leveraged Equities, Inverse Equities, Nasdaq-100 | 1 | -44.29% | 2.00B | Feb 2010 | VIXM vs SQQQ | |
| ProShares Nasdaq-100 High Income ETF | Nasdaq-100, Derivative Income, Dividend | 49 | 14.23% | 394.37M | Mar 2024 | VIXM vs IQQQ | |
| Proshares Ultra Bitcoin ETF | Cryptocurrency, Leveraged Cryptocurrency | 2 | -56.85% | 337.97M | Apr 2024 | VIXM vs BITU |
Often Compared With VIXM
Investors most often compare VIXM with ^VIX, VOO, VXZ. These 20 comparison targets span 11 categories, based on PortfoliosLab usage data.
Compare VIXM with Any Fund or Stock
Compare VIXM with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.
Pair VIXM with funds that move differently
ProShares VIX Mid-Term Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VIXM.
Explore VIXM Diversifiers