{"url":"https://etfiq.com/compare/alternatives/vixy-vs-vxz","section":"compare","title":"VIXY vs VXZ: which moved less with stocks? | ETFIQ","description":"VIXY and VXZ both run volatility strategies. Over the year to Oct 9, 2026, VIXY had a correlation of \u22120.72 with the S&P 500 and VXZ \u22120.65.","as_of":"Oct 9, 2026","structured_data":[{"@type":"FAQPage","mainEntity":[{"@type":"Question","name":"Which moved less with the S&P 500, VIXY or VXZ?","acceptedAnswer":{"@type":"Answer","text":"Over the 52 weeks to Oct 9, 2026, VIXY\u2019s weekly returns had a correlation of \u22120.72 with the S&P 500 and VXZ\u2019s \u22120.65, so VIXY moved less with the index."}},{"@type":"Question","name":"Which did better when the S&P 500 fell, VIXY or VXZ?","acceptedAnswer":{"@type":"Answer","text":"In the 21 weeks the S&P 500 fell, by 1.18% a week on average, VIXY averaged +2.85% and VXZ +0.77%, so VIXY returned more in those weeks."}},{"@type":"Question","name":"Which earned more than cash, VIXY or VXZ?","acceptedAnswer":{"@type":"Answer","text":"Over the same weeks, VIXY finished 58.9 percentage points behind cash and VXZ finished 25.3 percentage points behind cash. Cash here is BIL, a fund of Treasury bills."}}]},{"@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":"VIXY vs VXZ","item":"https://etfiq.com/compare/alternatives/vixy-vs-vxz"}]},{"@type":"WebPage","name":"VIXY vs VXZ: which moved less with stocks?","description":"VIXY and VXZ both run volatility strategies. Over the year to Oct 9, 2026, VIXY had a correlation of \u22120.72 with the S&P 500 and VXZ \u22120.65.","url":"https://etfiq.com/compare/alternatives/vixy-vs-vxz","dateModified":"2026-10-09","abstract":"Over the year to Oct 9, 2026, VIXY moved less with the S&P 500 than VXZ: correlation \u22120.72 against \u22120.65.","publisher":{"@id":"https://etfiq.com/#org"},"isPartOf":{"@id":"https://etfiq.com/#website"},"speakable":{"@type":"SpeakableSpecification","cssSelector":[".verdict",".faq"]}},{"@type":"Dataset","name":"ETFIQ comparison of VIXY and VXZ","description":"VIXY and VXZ both run volatility strategies. Over the year to Oct 9, 2026, VIXY had a correlation of \u22120.72 with the S&P 500 and VXZ \u22120.65.","dateModified":"2026-10-09","creator":{"@id":"https://etfiq.com/#org"},"isAccessibleForFree":true,"url":"https://etfiq.com/compare/alternatives/vixy-vs-vxz","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":6431,"truncated":true,"content":"ETFIQ / Alternatives ETFs / Head to head / VIXY vs VXZ \n ETFIQ etfiq.com \u00b7 independent ETF data \n\n Data as of Oct 9, 2026 .\n\n VIXY vs VXZ: which moved less with stocks?\n\n Over the year to Oct 9, 2026, VIXY moved less with the S&P 500 than VXZ: correlation \u22120.72 against \u22120.65.\n Copy this for sharing \n \n Their one-year returns differ by 30.2 points.\n VIXY and VXZ at a glance. As of Oct 9, 2026. Source: ETFIQ. VIXY VXZ \n Expense ratio 0.85% not published \n Net assets $221m not read by ETFIQ \n Total return, 1 year \u221249.6% \u221219.4% \n Holdings in common not published \n \n ProShares VIX Short-Term Future","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, VIXY against VXZ, data as of Oct 9, 2026. https://etfiq.com/compare/alternatives/vixy-vs-vxz","a":{"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"}]},"b":{"ticker":"VXZ","name":"iPath Series B S&P 500 VIX Mid-Term Futures ETN","issuer":"iPath","desk":"alternatives","as_of":"2026-10-09","verdict":"In the S&P 500\u2019s down weeks over the year to Oct 9, 2026, VXZ rose 0.77% a week on average.","url":"https://etfiq.com/funds/vxz","key_facts":[{"label":"Correlation with the S&P 500","value":"\u22120.65","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":"\u221265.0%","as_of":"2026-10-09","source":null},{"label":"Against T-bills, 52 weeks","value":"\u221225.3 pts","as_of":"2026-10-09","source":null},{"label":"Net assets","value":"an exchange traded note holds no assets; it is the issuing bank\u2019s unsecured debt","as_of":"2026-10-09","source":null},{"label":"Strategy","value":"Volatility","as_of":"2026-10-09","source":"ETFIQ, from its prospectus"}]},"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/vixy-vs-vxz"}