VIXY Alternatives & Similar ETFs

ProShares VIX Short-Term Futures ETF (VIXY) 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 VIXY. Use the tables to find lower-cost options, better risk-adjusted returns, or a closer substitute for your current allocation.

Cheapest Alternatives to VIXY

VIXY 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
SVOL	Simplify Volatility Premium ETF	0.50%	563.43M	May 2021	VIXY vs SVOL
WEIX	Dynamic Shares Trust - Dynamic Short Short-Term Vo...	0.50%	6.57M	Jan 2022	VIXY vs WEIX
VIXM	ProShares VIX Mid-Term Futures ETF	0.85%	44.93M	Jan 2011	VIXY vs VIXM
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	0.89%	510.38M	Jan 2018	VIXY vs VXX
UVXY	ProShares Ultra VIX Short-Term Futures ETF	0.95%	398.99M	Oct 2011	VIXY vs UVXY

Best Risk-Adjusted Alternatives to VIXY

VIXY has a PortfoliosLab risk / return rank of 1. There are 6 ETFs in the Volatility category with higher risk-adjusted ranks, going as high as 31.

Symbol	Name	Risk / Return Rank	AUM	Inception
SVXY	ProShares Short VIX Short-Term Futures ETF	31	249.79M	Oct 2011	VIXY vs SVXY
SVOL	Simplify Volatility Premium ETF	18	563.43M	May 2021	VIXY vs SVOL
ZVOL	Volatility Premium Plus ETF	16	14.96M	Apr 2023	VIXY vs ZVOL
VIXM	ProShares VIX Mid-Term Futures ETF	4	44.93M	Jan 2011	VIXY vs VIXM
UVIX	Volatility Shares 2x Long VIX Futures ETF	2	425.83M	Mar 2022	VIXY vs UVIX

Top Performing VIXY Alternatives (YTD)

VIXY is at -8.27% YTD. There are 5 ETFs in the Volatility category with higher YTD returns, going as high as 1.31%.

Symbol	Name	YTD Return	AUM	Inception
VIXM	ProShares VIX Mid-Term Futures ETF	1.31%	44.93M	Jan 2011	VIXY vs VIXM
SVOL	Simplify Volatility Premium ETF	-0.40%	563.43M	May 2021	VIXY vs SVOL
SVXY	ProShares Short VIX Short-Term Futures ETF	-0.92%	249.79M	Oct 2011	VIXY vs SVXY
ZVOL	Volatility Premium Plus ETF	-2.29%	14.96M	Apr 2023	VIXY vs ZVOL
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-8.16%	510.38M	Jan 2018	VIXY vs VXX

Lowest Volatility Alternatives to VIXY

VIXY has 55.89% 1-year volatility. There are 6 ETFs in the Volatility category with lower 1-year volatility, going as low as 0.00%.

Symbol	Name	Volatility 1Y	AUM	Inception
WEIX	Dynamic Shares Trust - Dynamic Short Short-Term Vo...	0.00%	6.57M	Jan 2022	VIXY vs WEIX
ZVOL	Volatility Premium Plus ETF	18.74%	14.96M	Apr 2023	VIXY vs ZVOL
VIXM	ProShares VIX Mid-Term Futures ETF	18.98%	44.93M	Jan 2011	VIXY vs VIXM
SVOL	Simplify Volatility Premium ETF	20.90%	563.43M	May 2021	VIXY vs SVOL
SVXY	ProShares Short VIX Short-Term Futures ETF	28.62%	249.79M	Oct 2011	VIXY vs SVXY

Lowest Drawdown Alternatives to VIXY

VIXY has a 1-year max drawdown of -56.72%. There are 5 ETFs in the Volatility category with shallower 1-year drawdowns, going as shallow as -13.01%.

Symbol	Name	Max Drawdown 1Y	AUM	Inception
SVOL	Simplify Volatility Premium ETF	-13.01%	563.43M	May 2021	VIXY vs SVOL
VIXM	ProShares VIX Mid-Term Futures ETF	-15.22%	44.93M	Jan 2011	VIXY vs VIXM
ZVOL	Volatility Premium Plus ETF	-16.46%	14.96M	Apr 2023	VIXY vs ZVOL
SVXY	ProShares Short VIX Short-Term Futures ETF	-22.94%	249.79M	Oct 2011	VIXY vs SVXY
VXX	iPath Series B S&P 500 VIX Short-Term Futures ETN	-56.23%	510.38M	Jan 2018	VIXY vs VXX

Often Compared With VIXY

Investors most often compare VIXY with SPY, ^VVIX, VOO. These 20 comparison targets span 15 categories, based on PortfoliosLab usage data.

Symbol	Name	Category	Risk / Return Rank	YTD Return	AUM	Inception
SPY	State Street SPDR S&P 500 ETF	S&P 500	70	10.91%	781.00B	Jan 1993	VIXY vs SPY
^VVIX	CBOE VIX Volatility Index		15	-3.10%	—	—	VIXY vs ^VVIX
VOO	Vanguard S&P 500 ETF	S&P 500	70	10.91%	1.60T	Sep 2010	VIXY vs VOO
VGT	Vanguard Information Technology ETF	Technology Equities	76	31.64%	144.20B	Mar 2004	VIXY vs VGT
VOOL.DE	Amundi S&P 500 VIX Futures Enhanced Roll UCITS ETF...	Volatility	3	3.57%	—	Sep 2012	VIXY vs VOOL.DE
SMH	VanEck Semiconductor ETF	Semiconductors, Technology Equities	96	77.13%	67.82B	Dec 2011	VIXY vs SMH
SARK	Tradr Short Innovation Daily ETF	Inverse Equities	2	-6.78%	56.18M	Nov 2021	VIXY vs SARK
EFU	ProShares UltraShort MSCI EAFE	Leveraged Equities	1	-16.12%	1.26M	Oct 2007	VIXY vs EFU
SVIX	Volatility Shares -1x Short VIX Futures ETF	Inverse Equities	26	-8.17%	215.09M	Mar 2022	VIXY vs SVIX
PLHHX	Principal LifeTime Hybrid 2065 Fund	Target Retirement Date	69	11.67%	—	Sep 2017	VIXY vs PLHHX
^VIX	CBOE Volatility Index		15	7.42%	—	—	VIXY vs ^VIX
VMAX	Hartford US Value ETF	Large Cap Value Equities	75	12.22%	46.97M	Dec 2023	VIXY vs VMAX
VHT	Vanguard Health Care ETF	Health & Biotech Equities	27	-4.02%	18.50B	Jan 2004	VIXY vs VHT
TLT	iShares 20+ Year Treasury Bond ETF	Government Bonds, Long-Term Bond	16	-0.27%	42.90B	Jul 2002	VIXY vs TLT
ZIVB	-1x Short VIX Mid-Term Futures Strategy ETF	Inverse Equities	—	—	12.30M	Apr 2023	VIXY vs ZIVB
QQQ	Invesco QQQ ETF	Nasdaq-100	73	21.30%	493.99B	Mar 1999	VIXY vs QQQ
GLD	SPDR Gold Shares	Gold, Precious Metals	32	2.92%	150.37B	Nov 2004	VIXY vs GLD
TSLA	Tesla, Inc.		55	-5.79%	—	—	VIXY vs TSLA
LMND	Lemonade, Inc.		61	-26.02%	—	—	VIXY vs LMND
IWM	iShares Russell 2000 ETF	Small Cap Blend Equities	62	17.07%	80.93B	May 2000	VIXY vs IWM

Compare VIXY with Any Fund or Stock

Compare VIXY with any ETF, mutual fund, or stock using PortfoliosLab's comparison tool.

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Diversifiers

Pair VIXY with funds that move differently

ProShares VIX Short-Term Futures ETF alternatives help with substitution. Diversifiers are the next step when you want funds with lower historical correlation to VIXY.

Explore VIXY Diversifiers

ProShares VIX Short-Term Futures ETF (VIXY) Alternatives