OSCG vs. SVXY

Last updated Jun 24, 2026

OSCG (Leverage Shares 2X Long OSCR Daily ETF) and SVXY (ProShares Short VIX Short-Term Futures ETF) are both exchange-traded funds - OSCG is a Leveraged Equities fund actively managed by Leverage Shares, while SVXY is a Volatility fund tracking the S&P 500 VIX Short-Term Futures Index (-0.5x). OSCG is actively managed, while SVXY is passively managed. At a 0.24 correlation, their price movements are largely independent. OSCG charges 0.75%/yr vs 0.95%/yr for SVXY.

Performance

OSCG vs. SVXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Leverage Shares 2X Long OSCR Daily ETF (OSCG) and ProShares Short VIX Short-Term Futures ETF (SVXY). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, OSCG achieves a 229.85% return, which is significantly higher than SVXY's -0.69% return.

OSCG

• 1D: 11.12%
• 1M: 64.63%
• YTD: 229.85%
• 6M: 206.67%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SVXY

• 1D: -2.69%
• 1M: 4.23%
• YTD: -0.69%
• 6M: 0.15%
• 1Y: 35.14%
• 3Y*: 10.26%
• 5Y*: 14.63%
• 10Y*: 2.48%

*Multi-year figures are annualized to reflect compound growth (CAGR)

OSCG vs. SVXY - Yearly Performance Comparison

	2026 (YTD)	2025
OSCG Leverage Shares 2X Long OSCR Daily ETF	229.85%	-39.92%
SVXY ProShares Short VIX Short-Term Futures ETF	-0.69%	13.34%

Correlation

The correlation between OSCG and SVXY is 0.24, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Nov 5, 2025	0.24

Return for Risk

OSCG vs. SVXY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

OSCG

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

SVXY

SVXY Risk / Return Rank: 34
SVXY Sharpe Ratio Rank: 35
SVXY Sortino Ratio Rank: 33
SVXY Omega Ratio Rank: 37
SVXY Calmar Ratio Rank: 32
SVXY Martin Ratio Rank: 35

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

OSCG vs. SVXY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Leverage Shares 2X Long OSCR Daily ETF (OSCG) and ProShares Short VIX Short-Term Futures ETF (SVXY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.

	OSCG	SVXY	Difference
Sharpe ratio: Return per unit of total volatility	—	1.22	—
Sortino ratio: Return per unit of downside risk	—	1.69	—
Omega ratio: Gain probability vs. loss probability	—	1.24	—
Calmar ratio: Return relative to maximum drawdown	—	1.54	—
Martin ratio: Return relative to average drawdown	—	5.02	—

Drawdowns

OSCG vs. SVXY - Drawdown Comparison

The maximum OSCG drawdown since its inception was -71.31%, smaller than the maximum SVXY drawdown of -95.25%. Use the drawdown chart below to compare losses from any high point for OSCG and SVXY.

Drawdown Indicators

	OSCG	SVXY	Difference
Max Drawdown Largest peak-to-trough decline	-71.31%	-95.25%	+23.94%
Max Drawdown (1Y) Largest decline over 1 year	—	-22.94%	—
Max Drawdown (3Y) Largest decline over 3 years	—	-46.45%	—
Max Drawdown (5Y) Largest decline over 5 years	—	-46.45%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-95.25%	—
Current Drawdown Current decline from peak	0.00%	-80.10%	+80.10%
Average Drawdown Average peak-to-trough decline	-34.29%	-56.93%	+22.64%
Ulcer Index Depth and duration of drawdowns from previous peaks	—	7.02%	—

Volatility

Volatility by Period

	OSCG	SVXY	Difference
Volatility (1M) Calculated over the trailing 1-month period	—	8.75%	—
Volatility (6M) Calculated over the trailing 6-month period	—	22.73%	—
Volatility (1Y) Calculated over the trailing 1-year period	147.79%	28.95%	+118.84%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	147.79%	35.40%	+112.39%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	147.79%	49.67%	+98.12%

OSCG vs. SVXY - Expense Ratio Comparison

OSCG has a 0.75% expense ratio, which is lower than SVXY's 0.95% expense ratio.

Dividends

OSCG vs. SVXY - Dividend Comparison

Neither OSCG nor SVXY has paid dividends to shareholders.

Tickers have no history of dividend payments

Frequently Asked Questions

Can I hold both OSCG and SVXY in my portfolio?

OSCG and SVXY have a correlation of 0.24, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

Which ETF is better, OSCG or SVXY?

On fees, OSCG is cheaper at 0.75% per year. The better choice depends on whether you care most about return, fees, risk, or income.

Which ETF is cheaper, OSCG or SVXY?

OSCG is cheaper with a 0.75% expense ratio, compared with 0.95% for SVXY.

Which ETF pays a higher dividend yield, OSCG or SVXY?

OSCG and SVXY have nearly identical dividend yields, around 0.00%.

What is the main difference between OSCG and SVXY?

OSCG is categorized as Leveraged Equities, while SVXY is Volatility. They also come from different issuers: Leverage Shares and ProShares. Their fees differ too: 0.75% for OSCG and 0.95% for SVXY.