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

Correlation

The correlation between SVIX and TQQQ is 0.73, 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.


-0.50.00.51.0
Correlation: 0.7

Performance

SVIX vs. TQQQ - 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 UltraPro QQQ (TQQQ). The values are adjusted to include any dividend payments, if applicable.

-40.00%-20.00%0.00%20.00%40.00%60.00%80.00%100.00%NovemberDecember2025FebruaryMarchApril
-15.73%
-5.92%
SVIX
TQQQ

Key characteristics

Sharpe Ratio

SVIX:

-0.74

TQQQ:

0.04

Sortino Ratio

SVIX:

-0.87

TQQQ:

0.58

Omega Ratio

SVIX:

0.86

TQQQ:

1.08

Calmar Ratio

SVIX:

-0.85

TQQQ:

0.05

Martin Ratio

SVIX:

-1.52

TQQQ:

0.13

Ulcer Index

SVIX:

44.60%

TQQQ:

20.43%

Daily Std Dev

SVIX:

91.55%

TQQQ:

74.97%

Max Drawdown

SVIX:

-79.30%

TQQQ:

-81.66%

Current Drawdown

SVIX:

-75.08%

TQQQ:

-41.90%

Returns By Period

In the year-to-date period, SVIX achieves a -50.18% return, which is significantly lower than TQQQ's -31.73% return.


SVIX

YTD

-50.18%

1M

-43.29%

6M

-46.64%

1Y

-67.28%

5Y*

N/A

10Y*

N/A

TQQQ

YTD

-31.73%

1M

-15.02%

6M

-27.48%

1Y

3.28%

5Y*

28.11%

10Y*

27.88%

*Annualized

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SVIX vs. TQQQ - Expense Ratio Comparison

SVIX has a 1.47% expense ratio, which is higher than TQQQ's 0.95% expense ratio.


Expense ratio chart for SVIX: current value is 1.47%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
SVIX: 1.47%
Expense ratio chart for TQQQ: current value is 0.95%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
TQQQ: 0.95%

Risk-Adjusted Performance

SVIX vs. TQQQ — Risk-Adjusted Performance Rank

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

SVIX
The Risk-Adjusted Performance Rank of SVIX is 11
Overall Rank
The Sharpe Ratio Rank of SVIX is 22
Sharpe Ratio Rank
The Sortino Ratio Rank of SVIX is 22
Sortino Ratio Rank
The Omega Ratio Rank of SVIX is 11
Omega Ratio Rank
The Calmar Ratio Rank of SVIX is 00
Calmar Ratio Rank
The Martin Ratio Rank of SVIX is 11
Martin Ratio Rank

TQQQ
The Risk-Adjusted Performance Rank of TQQQ is 3030
Overall Rank
The Sharpe Ratio Rank of TQQQ is 2121
Sharpe Ratio Rank
The Sortino Ratio Rank of TQQQ is 4343
Sortino Ratio Rank
The Omega Ratio Rank of TQQQ is 4343
Omega Ratio Rank
The Calmar Ratio Rank of TQQQ is 2222
Calmar Ratio Rank
The Martin Ratio Rank of TQQQ is 2121
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.

SVIX vs. TQQQ - 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 UltraPro QQQ (TQQQ). 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.


The chart of Sharpe ratio for SVIX, currently valued at -0.74, compared to the broader market-1.000.001.002.003.004.00
SVIX: -0.74
TQQQ: 0.04
The chart of Sortino ratio for SVIX, currently valued at -0.87, compared to the broader market-2.000.002.004.006.008.00
SVIX: -0.87
TQQQ: 0.58
The chart of Omega ratio for SVIX, currently valued at 0.86, compared to the broader market0.501.001.502.002.50
SVIX: 0.86
TQQQ: 1.08
The chart of Calmar ratio for SVIX, currently valued at -0.85, compared to the broader market0.002.004.006.008.0010.0012.00
SVIX: -0.85
TQQQ: 0.05
The chart of Martin ratio for SVIX, currently valued at -1.52, compared to the broader market0.0020.0040.0060.00
SVIX: -1.52
TQQQ: 0.13

The current SVIX Sharpe Ratio is -0.74, which is lower than the TQQQ Sharpe Ratio of 0.04. The chart below compares the historical Sharpe Ratios of SVIX and TQQQ, 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 Ratio-1.000.001.002.003.00NovemberDecember2025FebruaryMarchApril
-0.74
0.04
SVIX
TQQQ

Dividends

SVIX vs. TQQQ - Dividend Comparison

SVIX has not paid dividends to shareholders, while TQQQ's dividend yield for the trailing twelve months is around 1.83%.


TTM20242023202220212020201920182017201620152014
SVIX
Volatility Shares -1x Short VIX Futures ETF
0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
TQQQ
ProShares UltraPro QQQ
1.83%1.27%1.26%0.57%0.00%0.00%0.06%0.11%0.00%0.00%0.01%0.03%

Drawdowns

SVIX vs. TQQQ - Drawdown Comparison

The maximum SVIX drawdown since its inception was -79.30%, roughly equal to the maximum TQQQ drawdown of -81.66%. Use the drawdown chart below to compare losses from any high point for SVIX and TQQQ. For additional features, visit the drawdowns tool.


-80.00%-60.00%-40.00%-20.00%0.00%NovemberDecember2025FebruaryMarchApril
-75.08%
-41.90%
SVIX
TQQQ

Volatility

SVIX vs. TQQQ - Volatility Comparison

Volatility Shares -1x Short VIX Futures ETF (SVIX) has a higher volatility of 52.79% compared to ProShares UltraPro QQQ (TQQQ) at 48.66%. This indicates that SVIX's price experiences larger fluctuations and is considered to be riskier than TQQQ based on this measure. The chart below showcases a comparison of their rolling one-month volatility.


10.00%20.00%30.00%40.00%50.00%NovemberDecember2025FebruaryMarchApril
52.79%
48.66%
SVIX
TQQQ