VLD vs. SVIX
Compare and contrast key facts about Velo3D, Inc. (VLD) and Volatility Shares -1x Short VIX Futures ETF (SVIX).
SVIX is managed by Volatility Shares. It was launched on Mar 28, 2022.
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: VLD or SVIX.
Correlation
The correlation between VLD and SVIX is 0.28, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.
Performance
VLD vs. SVIX - Performance Comparison
Key characteristics
Returns By Period
VLD
N/A
N/A
N/A
N/A
N/A
N/A
SVIX
-37.50%
-16.17%
-49.73%
-34.63%
N/A
N/A
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Risk-Adjusted Performance
VLD vs. SVIX - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Velo3D, Inc. (VLD) and Volatility Shares -1x Short VIX Futures ETF (SVIX). 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
VLD vs. SVIX - Dividend Comparison
Neither VLD nor SVIX has paid dividends to shareholders.
Drawdowns
VLD vs. SVIX - Drawdown Comparison
Volatility
VLD vs. SVIX - Volatility Comparison
The current volatility for Velo3D, Inc. (VLD) is 0.00%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 20.12%. This indicates that VLD experiences smaller price fluctuations and is considered to be less risky than SVIX based on this measure. The chart below showcases a comparison of their rolling one-month volatility.