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SVIX vs. SVXY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Performance

SVIX vs. SVXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Volatility Shares -1x Short VIX Futures ETF (SVIX) and ProShares Short VIX Short-Term Futures ETF (SVXY). The values are adjusted to include any dividend payments, if applicable.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JuneJulyAugustSeptemberOctoberNovember
-43.00%
-16.38%
SVIX
SVXY

Returns By Period

In the year-to-date period, SVIX achieves a -30.27% return, which is significantly lower than SVXY's -3.21% return.


SVIX

YTD

-30.27%

1M

2.89%

6M

-43.00%

1Y

-20.49%

5Y (annualized)

N/A

10Y (annualized)

N/A

SVXY

YTD

-3.21%

1M

2.23%

6M

-16.38%

1Y

4.29%

5Y (annualized)

10.16%

10Y (annualized)

-3.89%

Key characteristics


SVIXSVXY
Sharpe Ratio-0.270.14
Sortino Ratio0.120.41
Omega Ratio1.021.08
Calmar Ratio-0.310.06
Martin Ratio-0.720.42
Ulcer Index26.91%12.82%
Daily Std Dev71.08%38.41%
Max Drawdown-62.55%-95.25%
Current Drawdown-48.14%-81.90%

Compare stocks, funds, or ETFs

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SVIX vs. SVXY - Expense Ratio Comparison

SVIX has a 1.47% expense ratio, which is higher than SVXY's 1.38% expense ratio.


SVIX
Volatility Shares -1x Short VIX Futures ETF
Expense ratio chart for SVIX: current value at 1.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.47%
Expense ratio chart for SVXY: current value at 1.38% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.38%

Correlation

-0.50.00.51.01.0

The correlation between SVIX and SVXY is 0.99, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.

Risk-Adjusted Performance

SVIX vs. SVXY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Volatility Shares -1x Short VIX Futures ETF (SVIX) 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.


Sharpe ratio
The chart of Sharpe ratio for SVIX, currently valued at -0.27, compared to the broader market0.002.004.00-0.270.14
The chart of Sortino ratio for SVIX, currently valued at 0.12, compared to the broader market-2.000.002.004.006.008.0010.0012.000.120.41
The chart of Omega ratio for SVIX, currently valued at 1.02, compared to the broader market0.501.001.502.002.503.001.021.08
The chart of Calmar ratio for SVIX, currently valued at -0.31, compared to the broader market0.005.0010.0015.00-0.310.14
The chart of Martin ratio for SVIX, currently valued at -0.72, compared to the broader market0.0020.0040.0060.0080.00100.00-0.720.42
SVIX
SVXY

The current SVIX Sharpe Ratio is -0.27, which is lower than the SVXY Sharpe Ratio of 0.14. The chart below compares the historical Sharpe Ratios of SVIX and SVXY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Rolling 12-month Sharpe Ratio0.001.002.003.00JuneJulyAugustSeptemberOctoberNovember
-0.27
0.14
SVIX
SVXY

Dividends

SVIX vs. SVXY - Dividend Comparison

Neither SVIX nor SVXY has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

SVIX vs. SVXY - Drawdown Comparison

The maximum SVIX drawdown since its inception was -62.55%, smaller than the maximum SVXY drawdown of -95.25%. Use the drawdown chart below to compare losses from any high point for SVIX and SVXY. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JuneJulyAugustSeptemberOctoberNovember
-48.14%
-21.51%
SVIX
SVXY

Volatility

SVIX vs. SVXY - Volatility Comparison

Volatility Shares -1x Short VIX Futures ETF (SVIX) has a higher volatility of 19.58% compared to ProShares Short VIX Short-Term Futures ETF (SVXY) at 10.22%. This indicates that SVIX's price experiences larger fluctuations and is considered to be riskier than SVXY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JuneJulyAugustSeptemberOctoberNovember
19.58%
10.22%
SVIX
SVXY