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VXX vs. UVXY
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between VXX and UVXY is -0.75. 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.


-0.50.00.51.0
Correlation: -0.7

Performance

VXX vs. UVXY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). The values are adjusted to include any dividend payments, if applicable.

-100.00%-99.00%-98.00%-97.00%-96.00%-95.00%NovemberDecember2025FebruaryMarchApril
-96.23%
-99.87%
VXX
UVXY

Key characteristics

Sharpe Ratio

VXX:

0.16

UVXY:

-0.09

Sortino Ratio

VXX:

1.07

UVXY:

0.99

Omega Ratio

VXX:

1.13

UVXY:

1.12

Calmar Ratio

VXX:

0.16

UVXY:

-0.13

Martin Ratio

VXX:

0.40

UVXY:

-0.24

Ulcer Index

VXX:

38.07%

UVXY:

53.78%

Daily Std Dev

VXX:

94.13%

UVXY:

140.64%

Max Drawdown

VXX:

-99.08%

UVXY:

-100.00%

Current Drawdown

VXX:

-98.51%

UVXY:

-100.00%

Returns By Period

In the year-to-date period, VXX achieves a 43.80% return, which is significantly lower than UVXY's 50.68% return.


VXX

YTD

43.80%

1M

43.80%

6M

24.71%

1Y

21.33%

5Y*

-52.38%

10Y*

N/A

UVXY

YTD

50.68%

1M

58.72%

6M

15.16%

1Y

-6.22%

5Y*

-73.71%

10Y*

-64.65%

*Annualized

Compare stocks, funds, or ETFs

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


VXX vs. UVXY - Expense Ratio Comparison

VXX has a 0.89% expense ratio, which is lower than UVXY's 0.95% expense ratio.


Expense ratio chart for UVXY: 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%
UVXY: 0.95%
Expense ratio chart for VXX: current value is 0.89%, compared with the broader market range of 0.00% to 2.12%.0.50%1.00%1.50%2.00%
VXX: 0.89%

Risk-Adjusted Performance

VXX vs. UVXY — Risk-Adjusted Performance Rank

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

VXX
The Risk-Adjusted Performance Rank of VXX is 4848
Overall Rank
The Sharpe Ratio Rank of VXX is 3636
Sharpe Ratio Rank
The Sortino Ratio Rank of VXX is 7070
Sortino Ratio Rank
The Omega Ratio Rank of VXX is 6666
Omega Ratio Rank
The Calmar Ratio Rank of VXX is 3838
Calmar Ratio Rank
The Martin Ratio Rank of VXX is 3232
Martin Ratio Rank

UVXY
The Risk-Adjusted Performance Rank of UVXY is 3636
Overall Rank
The Sharpe Ratio Rank of UVXY is 1717
Sharpe Ratio Rank
The Sortino Ratio Rank of UVXY is 6767
Sortino Ratio Rank
The Omega Ratio Rank of UVXY is 6363
Omega Ratio Rank
The Calmar Ratio Rank of UVXY is 1414
Calmar Ratio Rank
The Martin Ratio Rank of UVXY is 1818
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.

VXX vs. UVXY - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and ProShares Ultra VIX Short-Term Futures ETF (UVXY). 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 VXX, currently valued at 0.16, compared to the broader market-1.000.001.002.003.004.00
VXX: 0.16
UVXY: -0.09
The chart of Sortino ratio for VXX, currently valued at 1.07, compared to the broader market-2.000.002.004.006.008.00
VXX: 1.07
UVXY: 0.99
The chart of Omega ratio for VXX, currently valued at 1.13, compared to the broader market0.501.001.502.00
VXX: 1.13
UVXY: 1.12
The chart of Calmar ratio for VXX, currently valued at 0.16, compared to the broader market0.002.004.006.008.0010.0012.00
VXX: 0.16
UVXY: -0.13
The chart of Martin ratio for VXX, currently valued at 0.40, compared to the broader market0.0020.0040.0060.00
VXX: 0.40
UVXY: -0.24

The current VXX Sharpe Ratio is 0.16, which is higher than the UVXY Sharpe Ratio of -0.09. The chart below compares the historical Sharpe Ratios of VXX and UVXY, 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-0.60-0.40-0.200.000.200.400.60NovemberDecember2025FebruaryMarchApril
0.16
-0.09
VXX
UVXY

Dividends

VXX vs. UVXY - Dividend Comparison

Neither VXX nor UVXY has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

VXX vs. UVXY - Drawdown Comparison

The maximum VXX drawdown since its inception was -99.08%, roughly equal to the maximum UVXY drawdown of -100.00%. Use the drawdown chart below to compare losses from any high point for VXX and UVXY. For additional features, visit the drawdowns tool.


-100.00%-99.50%-99.00%-98.50%-98.00%NovemberDecember2025FebruaryMarchApril
-98.51%
-99.96%
VXX
UVXY

Volatility

VXX vs. UVXY - Volatility Comparison

The current volatility for iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) is 47.70%, while ProShares Ultra VIX Short-Term Futures ETF (UVXY) has a volatility of 71.52%. This indicates that VXX experiences smaller price fluctuations and is considered to be less risky than UVXY 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%60.00%70.00%NovemberDecember2025FebruaryMarchApril
47.70%
71.52%
VXX
UVXY