VIXY vs. WEIX

Last updated Apr 1, 2026

Compare and contrast key facts about ProShares VIX Short-Term Futures ETF (VIXY) and Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX).

VIXY and WEIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. VIXY is a passively managed fund by ProFund Advisors LLC that tracks the performance of the S&P 500 VIX Short-Term Futures Index Total Return. It was launched on Jan 3, 2011. WEIX is an actively managed fund by Dynamic Shares Trust. It was launched on Jan 13, 2022.

Performance

VIXY vs. WEIX - Performance Comparison

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

VIXY vs. WEIX - Yearly Performance Comparison

	2026 (YTD)
VIXY ProShares VIX Short-Term Futures ETF	28.60%
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%

Returns By Period

VIXY

• 1D: -9.32%
• 1M: 23.30%
• YTD: 33.97%
• 6M: 6.35%
• 1Y: -31.66%
• 3Y*: -42.53%
• 5Y*: -45.66%
• 10Y*: -46.57%

WEIX

• 1D: 0.00%
• 1M: 0.00%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

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

VIXY vs. WEIX - Expense Ratio Comparison

VIXY has a 0.85% expense ratio, which is higher than WEIX's 0.50% expense ratio.

VIXY

ProShares VIX Short-Term Futures ETF

WEIX

Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF

Return for Risk

VIXY vs. WEIX — Risk / Return Rank

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

VIXY

VIXY Risk / Return Rank: 6
VIXY Sharpe Ratio Rank: 5
VIXY Sortino Ratio Rank: 7
VIXY Omega Ratio Rank: 7
VIXY Calmar Ratio Rank: 5
VIXY Martin Ratio Rank: 8

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.

VIXY vs. WEIX - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for ProShares VIX Short-Term Futures ETF (VIXY) 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.

	VIXY	WEIX	Difference
Sharpe ratio Return per unit of total volatility	-0.42	—	—
Sortino ratio Return per unit of downside risk	-0.22	—	—
Omega ratio Gain probability vs. loss probability	0.97	—	—
Calmar ratio Return relative to maximum drawdown	-0.46	—	—
Martin ratio Return relative to average drawdown	-0.59	—	—
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

Sharpe Ratios by Period

	VIXY	WEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.42	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.64	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.64	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.68	—	—

Dividends

VIXY vs. WEIX - Dividend Comparison

Neither VIXY nor WEIX has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

VIXY vs. WEIX - Drawdown Comparison

The maximum VIXY drawdown since its inception was -100.00%, which is greater than WEIX's maximum drawdown of 0.00%. Use the drawdown chart below to compare losses from any high point for VIXY and WEIX.

Drawdown Indicators

	VIXY	WEIX	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	0.00%	-100.00%
Max Drawdown (1Y) Largest decline over 1 year	-69.84%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-96.84%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-99.88%	—	—
Current Drawdown Current decline from peak	-100.00%	0.00%	-100.00%
Average Drawdown Average peak-to-trough decline	-92.10%	0.00%	-92.10%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.60%	—	—

Volatility

Volatility by Period

	VIXY	WEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	29.44%	—	—
Volatility (6M) Calculated over the trailing 6-month period	47.30%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	75.02%	0.00%	+75.02%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	71.36%	0.00%	+71.36%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	72.68%	0.00%	+72.68%