VIXM vs. VXX
Compare and contrast key facts about ProShares VIX Mid-Term Futures ETF (VIXM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX).
VIXM and VXX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VIXM is a passively managed fund by ProShares that tracks the performance of the S&P 500 VIX Mid-Term Futures Index. It was launched on Jan 4, 2011. VXX is a passively managed fund by Barclays Capital that tracks the performance of the S&P 500 VIX Short-Term Futures Index Total Return. It was launched on Jan 19, 2018. Both VIXM and VXX are passive ETFs, meaning that they are not actively managed but aim to replicate the performance of the underlying index as closely as possible.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VIXM or VXX.
Correlation
The correlation between VIXM and VXX is -0.73. This indicates that the assets' prices tend to move in opposite directions. Negative correlation can be particularly beneficial for diversification and risk management, as one asset may offset the losses of the other during market fluctuations.
Performance
VIXM vs. VXX - Performance Comparison
Loading data...
Key characteristics
VIXM:
0.33
VXX:
0.13
VIXM:
0.81
VXX:
0.94
VIXM:
1.11
VXX:
1.12
VIXM:
0.14
VXX:
0.08
VIXM:
0.62
VXX:
0.21
VIXM:
21.07%
VXX:
37.94%
VIXM:
46.21%
VXX:
95.07%
VIXM:
-96.23%
VXX:
-99.08%
VIXM:
-95.56%
VXX:
-98.83%
Returns By Period
In the year-to-date period, VIXM achieves a 11.96% return, which is significantly lower than VXX's 13.17% return.
VIXM
11.96%
-13.84%
12.74%
16.31%
-16.28%
-11.48%
VXX
13.17%
-27.35%
11.25%
14.06%
-52.82%
N/A
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
VIXM vs. VXX - Expense Ratio Comparison
VIXM has a 0.85% expense ratio, which is lower than VXX's 0.89% expense ratio.
Risk-Adjusted Performance
VIXM vs. VXX — Risk-Adjusted Performance Rank
VIXM
VXX
VIXM vs. VXX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for ProShares VIX Mid-Term Futures ETF (VIXM) and iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX). 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.
Loading data...
Dividends
VIXM vs. VXX - Dividend Comparison
Neither VIXM nor VXX has paid dividends to shareholders.
Drawdowns
VIXM vs. VXX - Drawdown Comparison
The maximum VIXM drawdown since its inception was -96.23%, roughly equal to the maximum VXX drawdown of -99.08%. Use the drawdown chart below to compare losses from any high point for VIXM and VXX. For additional features, visit the drawdowns tool.
Loading data...
Volatility
VIXM vs. VXX - Volatility Comparison
The current volatility for ProShares VIX Mid-Term Futures ETF (VIXM) is 10.04%, while iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) has a volatility of 19.66%. This indicates that VIXM experiences smaller price fluctuations and is considered to be less risky than VXX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Loading data...