{"url":"https://etfiq.com/compare/alternatives/vixm-vs-vixy","section":"compare","title":"VIXM vs VIXY: which moved less with stocks? | ETFIQ","description":"VIXM and VIXY both run volatility strategies. Over the year to Oct 9, 2026, VIXM had a correlation of \u22120.64 with the S&P 500 and VIXY \u22120.72.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, VIXM or VIXY?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Oct 9, 2026, VIXM\u2019s weekly returns had a correlation of \u22120.64 with the S&P 500 and VIXY\u2019s \u22120.72, so VIXY moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, VIXM or VIXY?","acceptedAnswer":{"@type":"Answer","text":"In the 21 weeks the S&P 500 fell, by 1.18% a week on average, VIXM averaged +0.79% and VIXY +2.85%, so VIXY returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, VIXM or VIXY?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, VIXM finished 25.7 percentage points behind cash and VIXY finished 58.9 percentage points behind cash. Cash here is BIL, a fund of Treasury bills."}},{"@type":"Question","name":"Which is cheaper, VIXM or VIXY?","acceptedAnswer":{"@type":"Answer","text":"VIXM and VIXY both charge 0.85% a year, so neither is cheaper. Fees come from each fund's prospectus."}}]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"ETFIQ","item":"https://etfiq.com/"},{"@type":"ListItem","position":2,"name":"Alternatives ETFs","item":"https://etfiq.com/alternatives/"},{"@type":"ListItem","position":3,"name":"VIXM vs VIXY","item":"https://etfiq.com/compare/alternatives/vixm-vs-vixy"}]},{"@type":"WebPage","name":"VIXM vs VIXY: which moved less with stocks?","description":"VIXM and VIXY both run volatility strategies. Over the year to Oct 9, 2026, VIXM had a correlation of \u22120.64 with the S&P 500 and VIXY \u22120.72.","url":"https://etfiq.com/compare/alternatives/vixm-vs-vixy","dateModified":"2026-10-09","abstract":"Over the year to Oct 9, 2026, VIXY moved less with the S&P 500 than VIXM: correlation \u22120.72 against \u22120.64.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of VIXM and VIXY","description":"VIXM and VIXY both run volatility strategies. Over the year to Oct 9, 2026, VIXM had a correlation of \u22120.64 with the S&P 500 and VIXY \u22120.72.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/vixm-vs-vixy","license":"https://etfiq.com/license/","publisher":{"@id":"https://etfiq.com/#org"},"inLanguage":"en","creativeWorkStatus":"Published","distribution":[{"@type":"DataDownload","encodingFormat":"application/json","contentUrl":"https://etfiq.com/data/alternatives.json"}],"variableMeasured":["Correlation with the S&P 500","Beta to the S&P 500","Down-week capture","Average week when the S&P 500 fell","Return against T-bills","Total return","Strategy","Expense ratio"],"keywords":["exchange-traded funds","ETF","Alternatives ETFs","fund data","SEC filings"]}],"characters":6610,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Head to head / VIXM vs VIXY \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n VIXM vs VIXY: which moved less with stocks?\n\n Over the year to Oct 9, 2026, VIXY moved less with the S&P 500 than VIXM: correlation \u22120.72 against \u22120.64.\n Copy this for sharing \n \n Both cost 0.85% a year; their one-year returns differ by 29.6 points; VIXY is 4.5 times larger.\n VIXM and VIXY at a glance. As of Oct 9, 2026. Source: ETFIQ. VIXM VIXY \n Expense ratio 0.85% 0.85% \n Net assets $49m $221m \n Total return, 1 year \u221220.0% \u221249.6% \n Holdings in common not published \n","source":"ETFIQ, independent ETF data. Recomputed nightly from public filings and prices.","publisher":{"@id":"https://etfiq.com/#org","name":"ETFIQ","url":"https://etfiq.com"},"license":"https://etfiq.com/license/","license_text":"Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.","citation":"ETFIQ, VIXM against VIXY, data as of Oct 9, 2026. https://etfiq.com/compare/alternatives/vixm-vs-vixy","a":{"ticker":"VIXM","name":"ProShares VIX Mid-Term Futures ETF","issuer":"ProShares","desk":"alternatives","as_of":"2026-10-09","verdict":"In the S&P 500\u2019s down weeks over the year to Oct 9, 2026, VIXM rose 0.79% a week on average.","url":"https://etfiq.com/funds/vixm","key_facts":[{"label":"Correlation with the S&P 500","value":"\u22120.64","as_of":"2026-10-09","source":null},{"label":"Beta to the S&P 500","value":"\u22120.82","as_of":"2026-10-09","source":null},{"label":"Down-week capture","value":"\u221266.6%","as_of":"2026-10-09","source":null},{"label":"Against T-bills, 52 weeks","value":"\u221225.7 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$49m","as_of":"2026-10-09","source":"issuer page, as of Oct 9, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-10-09","source":"issuer page, Oct 9, 2026"}]},"b":{"ticker":"VIXY","name":"ProShares VIX Short-Term Futures ETF","issuer":"ProShares","desk":"alternatives","as_of":"2026-10-09","verdict":"In the S&P 500\u2019s down weeks over the year to Oct 9, 2026, VIXY rose 2.85% a week on average.","url":"https://etfiq.com/funds/vixy","key_facts":[{"label":"Correlation with the S&P 500","value":"\u22120.72","as_of":"2026-10-09","source":null},{"label":"Beta to the S&P 500","value":"\u22122.62","as_of":"2026-10-09","source":null},{"label":"Down-week capture","value":"\u2212241.3%","as_of":"2026-10-09","source":null},{"label":"Against T-bills, 52 weeks","value":"\u221258.9 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"$221m","as_of":"2026-10-09","source":"issuer page, as of Oct 9, 2026"},{"label":"Expense ratio","value":"0.85%","as_of":"2026-10-09","source":"issuer page, Oct 9, 2026"}]},"overlap_pct":null,"overlap_note":"ETFIQ does not publish a holdings overlap for this pair. Either the funds are not compared on holdings, or one book is incomplete.","full_text_at":"https://etfiq.com/compare/alternatives/vixm-vs-vixy"}