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XXXX vs. ^VVIX
Performance
Risk-Adjusted Performance
Drawdowns
Volatility

Correlation

The correlation between XXXX and ^VVIX is -0.68. 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

XXXX vs. ^VVIX - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in MAX S&P 500 4X Leveraged ETN (XXXX) and CBOE VIX Volatility Index (^VVIX). The values are adjusted to include any dividend payments, if applicable.

0.00%100.00%200.00%300.00%400.00%NovemberDecember2025FebruaryMarchApril
144.07%
17.34%
XXXX
^VVIX

Key characteristics

Sharpe Ratio

XXXX:

-0.20

^VVIX:

0.22

Sortino Ratio

XXXX:

0.22

^VVIX:

1.28

Omega Ratio

XXXX:

1.03

^VVIX:

1.15

Calmar Ratio

XXXX:

-0.25

^VVIX:

0.40

Martin Ratio

XXXX:

-0.84

^VVIX:

0.76

Ulcer Index

XXXX:

18.44%

^VVIX:

33.59%

Daily Std Dev

XXXX:

76.23%

^VVIX:

113.18%

Max Drawdown

XXXX:

-62.27%

^VVIX:

-78.10%

Current Drawdown

XXXX:

-52.89%

^VVIX:

-50.39%

Returns By Period

In the year-to-date period, XXXX achieves a -44.53% return, which is significantly lower than ^VVIX's -1.29% return.


XXXX

YTD

-44.53%

1M

-34.63%

6M

-45.36%

1Y

-21.74%

5Y*

N/A

10Y*

N/A

^VVIX

YTD

-1.29%

1M

17.75%

6M

-6.25%

1Y

23.17%

5Y*

-2.97%

10Y*

2.40%

*Annualized

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Risk-Adjusted Performance

XXXX vs. ^VVIX — Risk-Adjusted Performance Rank

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

XXXX
The Risk-Adjusted Performance Rank of XXXX is 1717
Overall Rank
The Sharpe Ratio Rank of XXXX is 1313
Sharpe Ratio Rank
The Sortino Ratio Rank of XXXX is 2828
Sortino Ratio Rank
The Omega Ratio Rank of XXXX is 2828
Omega Ratio Rank
The Calmar Ratio Rank of XXXX is 99
Calmar Ratio Rank
The Martin Ratio Rank of XXXX is 99
Martin Ratio Rank

^VVIX
The Risk-Adjusted Performance Rank of ^VVIX is 6464
Overall Rank
The Sharpe Ratio Rank of ^VVIX is 4646
Sharpe Ratio Rank
The Sortino Ratio Rank of ^VVIX is 8484
Sortino Ratio Rank
The Omega Ratio Rank of ^VVIX is 8080
Omega Ratio Rank
The Calmar Ratio Rank of ^VVIX is 6565
Calmar Ratio Rank
The Martin Ratio Rank of ^VVIX is 4747
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.

XXXX vs. ^VVIX - Risk-Adjusted Performance Comparison

This table presents a comparison of risk-adjusted performance metrics for MAX S&P 500 4X Leveraged ETN (XXXX) and CBOE VIX Volatility Index (^VVIX). 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 XXXX, currently valued at -0.23, compared to the broader market-1.000.001.002.003.004.00
XXXX: -0.23
^VVIX: 0.22
The chart of Sortino ratio for XXXX, currently valued at 0.16, compared to the broader market-2.000.002.004.006.008.00
XXXX: 0.16
^VVIX: 1.28
The chart of Omega ratio for XXXX, currently valued at 1.02, compared to the broader market0.501.001.502.002.50
XXXX: 1.02
^VVIX: 1.15
The chart of Calmar ratio for XXXX, currently valued at -0.28, compared to the broader market0.002.004.006.008.0010.0012.00
XXXX: -0.28
^VVIX: 0.49
The chart of Martin ratio for XXXX, currently valued at -0.94, compared to the broader market0.0020.0040.0060.00
XXXX: -0.94
^VVIX: 0.76

The current XXXX Sharpe Ratio is -0.20, which is lower than the ^VVIX Sharpe Ratio of 0.22. The chart below compares the historical Sharpe Ratios of XXXX and ^VVIX, 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-0.500.000.501.001.502.00December2025FebruaryMarchApril
-0.23
0.22
XXXX
^VVIX

Drawdowns

XXXX vs. ^VVIX - Drawdown Comparison

The maximum XXXX drawdown since its inception was -62.27%, smaller than the maximum ^VVIX drawdown of -78.10%. Use the drawdown chart below to compare losses from any high point for XXXX and ^VVIX. For additional features, visit the drawdowns tool.


-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%NovemberDecember2025FebruaryMarchApril
-52.89%
-40.58%
XXXX
^VVIX

Volatility

XXXX vs. ^VVIX - Volatility Comparison

MAX S&P 500 4X Leveraged ETN (XXXX) has a higher volatility of 54.70% compared to CBOE VIX Volatility Index (^VVIX) at 48.40%. This indicates that XXXX's price experiences larger fluctuations and is considered to be riskier than ^VVIX 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%NovemberDecember2025FebruaryMarchApril
54.70%
48.40%
XXXX
^VVIX