^VIX vs. VIXM

In the year-to-date period, ^VIX achieves a 7.32% return, which is significantly lower than VIXM's 11.41% return. Over the past 10 years, ^VIX has outperformed VIXM with an annualized return of 4.14%, while VIXM has yielded a comparatively lower -11.75% annualized return.

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

This table presents a comparison of risk-adjusted performance metrics for CBOE Volatility Index (^VIX) and ProShares VIX Mid-Term Futures ETF (VIXM). 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 current ^VIX Sharpe Ratio is 0.22, which is comparable to the VIXM Sharpe Ratio of 0.27. The chart below compares the historical Sharpe Ratios of ^VIX and VIXM, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

The maximum ^VIX drawdown since its inception was -88.70%, smaller than the maximum VIXM drawdown of -96.23%. Use the drawdown chart below to compare losses from any high point for ^VIX and VIXM. For additional features, visit the drawdowns tool.

CBOE Volatility Index (^VIX) has a higher volatility of 31.61% compared to ProShares VIX Mid-Term Futures ETF (VIXM) at 11.11%. This indicates that ^VIX's price experiences larger fluctuations and is considered to be riskier than VIXM based on this measure. The chart below showcases a comparison of their rolling one-month volatility.