VXX vs. WEIX

Last updated Apr 2, 2026

Compare and contrast key facts about iPath Series B S&P 500 VIX Short-Term Futures ETN (VXX) and Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX).

VXX and WEIX are both exchange-traded funds (ETFs), meaning they are traded on stock exchanges and can be bought and sold throughout the day. 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. WEIX is an actively managed fund by Dynamic Shares Trust. It was launched on Jan 13, 2022.

Performance

VXX vs. WEIX - 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 Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX). The values are adjusted to include any dividend payments, if applicable.

VXX vs. WEIX - Yearly Performance Comparison

	2026 (YTD)
VXX iPath Series B S&P 500 VIX Short-Term Futures ETN	25.74%
WEIX Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF	0.00%

Returns By Period

VXX

• 1D: -2.72%
• 1M: 18.69%
• YTD: 31.21%
• 6M: 5.34%
• 1Y: -32.54%
• 3Y*: -42.18%
• 5Y*: -45.27%
• 10Y*: -46.34%

WEIX

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

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

VXX vs. WEIX - Expense Ratio Comparison

VXX has a 0.89% expense ratio, which is higher than WEIX's 0.50% expense ratio.

VXX

iPath Series B S&P 500 VIX Short-Term Futures ETN

WEIX

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

Return for Risk

VXX vs. WEIX — Risk / Return Rank

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

VXX

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

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.

VXX vs. WEIX - Risk-Adjusted Trends 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 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.

	VXX	WEIX	Difference
Sharpe ratio Return per unit of total volatility	-0.44	—	—
Sortino ratio Return per unit of downside risk	-0.25	—	—
Omega ratio Gain probability vs. loss probability	0.97	—	—
Calmar ratio Return relative to maximum drawdown	-0.47	—	—
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

	VXX	WEIX	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.44	—	—
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.66	—	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	-0.65	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	-0.75	—	—

Dividends

VXX vs. WEIX - Dividend Comparison

Neither VXX nor WEIX has paid dividends to shareholders.

Tickers have no history of dividend payments

Drawdowns

VXX vs. WEIX - Drawdown Comparison

The maximum VXX 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 VXX and WEIX.

Drawdown Indicators

	VXX	WEIX	Difference
Max Drawdown Largest peak-to-trough decline	-100.00%	0.00%	-100.00%
Max Drawdown (1Y) Largest decline over 1 year	-69.85%	—	—
Max Drawdown (5Y) Largest decline over 5 years	-96.67%	—	—
Max Drawdown (10Y) Largest decline over 10 years	-99.87%	—	—
Current Drawdown Current decline from peak	-100.00%	0.00%	-100.00%
Average Drawdown Average peak-to-trough decline	-95.03%	0.00%	-95.03%
Ulcer Index Depth and duration of drawdowns from previous peaks	54.84%	—	—

Volatility

Volatility by Period

	VXX	WEIX	Difference
Volatility (1M) Calculated over the trailing 1-month period	28.80%	—	—
Volatility (6M) Calculated over the trailing 6-month period	46.98%	—	—
Volatility (1Y) Calculated over the trailing 1-year period	74.80%	0.00%	+74.80%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	69.04%	0.00%	+69.04%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	71.15%	0.00%	+71.15%