SVIX vs. WEIX
Compare and contrast key facts about Volatility Shares -1x Short VIX Futures ETF (SVIX) and Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX).
SVIX and WEIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022. WEIX is an actively managed fund by Dynamic Shares Trust. It was launched on Jan 13, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: SVIX or WEIX.
Correlation
The correlation between SVIX and WEIX is 0.64, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
SVIX vs. WEIX - Performance Comparison
Key characteristics
Returns By Period
SVIX
-50.18%
-43.11%
-46.64%
-68.28%
N/A
N/A
WEIX
N/A
N/A
N/A
N/A
N/A
N/A
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SVIX vs. WEIX - Expense Ratio Comparison
SVIX has a 1.47% expense ratio, which is higher than WEIX's 0.50% expense ratio.
Risk-Adjusted Performance
SVIX vs. WEIX — Risk-Adjusted Performance Rank
SVIX
WEIX
SVIX vs. WEIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Volatility Shares -1x Short VIX Futures ETF (SVIX) and Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX). 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.
Dividends
SVIX vs. WEIX - Dividend Comparison
Neither SVIX nor WEIX has paid dividends to shareholders.
Drawdowns
SVIX vs. WEIX - Drawdown Comparison
Volatility
SVIX vs. WEIX - Volatility Comparison
Volatility Shares -1x Short VIX Futures ETF (SVIX) has a higher volatility of 52.79% compared to Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) at 0.00%. This indicates that SVIX's price experiences larger fluctuations and is considered to be riskier than WEIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.