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WEIX vs. SVIX
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility

Correlation

The correlation between WEIX and SVIX is 0.93, which is considered to be high. That indicates a strong positive relationship between their price movements. Having highly-correlated positions in a portfolio may signal a lack of diversification, potentially leading to increased risk during market downturns.


-0.50.00.51.00.9

Performance

WEIX vs. SVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) and Volatility Shares -1x Short VIX Futures ETF (SVIX). The values are adjusted to include any dividend payments, if applicable.

-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%10.00%JulyAugustSeptemberOctoberNovemberDecember
-16.57%
-49.60%
WEIX
SVIX

Key characteristics

Sharpe Ratio

WEIX:

-0.26

SVIX:

-0.43

Sortino Ratio

WEIX:

-0.13

SVIX:

-0.11

Omega Ratio

WEIX:

0.97

SVIX:

0.98

Calmar Ratio

WEIX:

-0.25

SVIX:

-0.50

Martin Ratio

WEIX:

-0.80

SVIX:

-1.06

Ulcer Index

WEIX:

9.73%

SVIX:

29.83%

Daily Std Dev

WEIX:

29.50%

SVIX:

73.72%

Max Drawdown

WEIX:

-30.55%

SVIX:

-62.55%

Current Drawdown

WEIX:

-18.28%

SVIX:

-54.09%

Returns By Period

In the year-to-date period, WEIX achieves a -9.14% return, which is significantly higher than SVIX's -38.27% return.


WEIX

YTD

-9.14%

1M

-5.75%

6M

-16.20%

1Y

-6.41%

5Y*

N/A

10Y*

N/A

SVIX

YTD

-38.27%

1M

-14.44%

6M

-48.67%

1Y

-31.48%

5Y*

N/A

10Y*

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.


WEIX vs. SVIX - Expense Ratio Comparison

WEIX has a 0.50% expense ratio, which is lower than SVIX's 1.47% expense ratio.


SVIX
Volatility Shares -1x Short VIX Futures ETF
Expense ratio chart for SVIX: current value at 1.47% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%1.47%
Expense ratio chart for WEIX: current value at 0.50% compared with the broader market ranging from 0.00% to 2.12%.0.50%1.00%1.50%2.00%0.50%

Risk-Adjusted Performance

WEIX vs. SVIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) 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.


Sharpe ratio
The chart of Sharpe ratio for WEIX, currently valued at -0.22, compared to the broader market0.002.004.00-0.22-0.43
The chart of Sortino ratio for WEIX, currently valued at -0.07, compared to the broader market-2.000.002.004.006.008.0010.00-0.07-0.11
The chart of Omega ratio for WEIX, currently valued at 0.98, compared to the broader market0.501.001.502.002.503.000.980.98
The chart of Calmar ratio for WEIX, currently valued at -0.21, compared to the broader market0.005.0010.0015.00-0.21-0.50
The chart of Martin ratio for WEIX, currently valued at -0.65, compared to the broader market0.0020.0040.0060.0080.00100.00-0.65-1.06
WEIX
SVIX

The current WEIX Sharpe Ratio is -0.26, which is higher than the SVIX Sharpe Ratio of -0.43. The chart below compares the historical Sharpe Ratios of WEIX and SVIX, 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-0.500.000.501.001.502.00JulyAugustSeptemberOctoberNovemberDecember
-0.22
-0.43
WEIX
SVIX

Dividends

WEIX vs. SVIX - Dividend Comparison

Neither WEIX nor SVIX has paid dividends to shareholders.


Tickers have no history of dividend payments

Drawdowns

WEIX vs. SVIX - Drawdown Comparison

The maximum WEIX drawdown since its inception was -30.55%, smaller than the maximum SVIX drawdown of -62.55%. Use the drawdown chart below to compare losses from any high point for WEIX and SVIX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-18.28%
-54.09%
WEIX
SVIX

Volatility

WEIX vs. SVIX - Volatility Comparison

The current volatility for Dynamic Shares Trust - Dynamic Short Short-Term Volatility Futures ETF (WEIX) is 6.00%, while Volatility Shares -1x Short VIX Futures ETF (SVIX) has a volatility of 23.44%. This indicates that WEIX 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.


0.00%10.00%20.00%30.00%40.00%50.00%60.00%JulyAugustSeptemberOctoberNovemberDecember
6.00%
23.44%
WEIX
SVIX
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Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

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