# SVXY (ProShares Short VIX Short-Term Futures ETF)

ProShares · Alternatives ETFs · data as of Oct 9, 2026

In the S&P 500’s down weeks over the year to Oct 9, 2026, SVXY fell 1.3 times as much as the index.

## Key facts

- SVXY, correlation with the S&P 500: +0.75, as of Oct 9, 2026.
- SVXY, beta to the S&P 500: +1.37, as of Oct 9, 2026.
- SVXY, down-week capture: 134.7%, as of Oct 9, 2026.
- SVXY, against T-bills, 52 weeks: +32.5 pts, as of Oct 9, 2026.
- SVXY, net assets: $258m (issuer page, as of Oct 9, 2026).
- SVXY, expense ratio: 0.95% (issuer page, Oct 9, 2026).

## SVXY over each window to Oct 9, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | +10.9% | +3.4% | +7.5 pts |
| 6 months | +32.8% | +15.2% | +17.7 pts |
| 1 year | +27.5% | +17.3% | +10.3 pts |
| 3 years | +48.6% | +85.8% | −37.2 pts |
| Since launch | +516.8% | +800.7% | −283.9 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | ProShares | ETFIQ |
| Strategy | Volatility | ETFIQ, from its prospectus |
| Expense ratio | 0.95% | issuer page, Oct 9, 2026 |
| Net assets | $258m | issuer page, as of Oct 9, 2026 |
| Structure | commodity pool registered under the 1933 Act | ETFIQ |
| Index its own filing names | S&P 500 VIX Short-Term Futures Index | ETFIQ |
| Volatility group | Inverse and short VIX futures | ETFIQ |
| Daily multiple it seeks | −0.5x | ETFIQ |
| SVXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 month | +2.2% against +1.9% at −0.5x, a difference of +0.2 pts, Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| SVXY against spot VIX, 1 month | +2.2% against −2.0% for the VIX index (15.72 to 15.41), Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| SVXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 3 months | +11.2% against +10.4% at −0.5x, a difference of +0.8 pts, Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| SVXY against spot VIX, 3 months | +11.2% against −2.7% for the VIX index (15.84 to 15.41), Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| SVXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 year | +26.4% against +22.2% at −0.5x, a difference of +4.2 pts, Oct 8, 2025 to Oct 8, 2026 | ETFIQ |
| SVXY against spot VIX, 1 year | +26.4% against −5.5% for the VIX index (16.30 to 15.41), Oct 8, 2025 to Oct 8, 2026 | ETFIQ |
| Roll of the short-term VIX futures, 1 month | −4.5%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −4.7% while the constant-maturity futures price moved −0.3%, Sep 8, 2026 to Oct 8, 2026; in contango on 22 of 22 days | ETFIQ |
| Roll of the short-term VIX futures, 3 months | −19.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −20.9% while the constant-maturity futures price moved −1.9%, Jul 9, 2026 to Oct 8, 2026; in contango on 64 of 64 days | ETFIQ |
| Roll of the short-term VIX futures, 1 year | −47.4%: the index rebuilt by ETFIQ from Cboe VIX futures settlements returned −49.6% while the constant-maturity futures price moved −4.1%, Oct 8, 2025 to Oct 8, 2026; in contango on 220 of 251 days | ETFIQ |
| Front two VIX futures on Oct 8, 2026 | 17.62 and 18.01, a contango of 2.2% | ETFIQ |
| Weeks measured | 52, from Oct 10, 2025 to Oct 9, 2026 | ETFIQ |
| Weeks the S&P 500 fell | 21 | ETFIQ |
| The S&P 500 in those weeks, on average | −1.18% | ETFIQ |
| SVXY in those weeks, on average | −1.59% | ETFIQ |
| SVXY total return over those weeks | +36.2% | ETFIQ |
| T-bills | +3.7% | ETFIQ |
| First traded | Oct 4, 2011 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

### Does SVXY move with the S&P 500?

Over the year to Oct 9, 2026, SVXY’s weekly returns had a correlation of +0.75 with the S&P 500’s, on a scale where 1 moves in step, 0 shows no pattern and −1 moves opposite. Its beta was +1.37, so for each 1% the index moved it moved about 1.37% the same way.

### What did SVXY do when stocks fell?

The S&P 500 fell in 21 of the 52 weeks to Oct 9, 2026, by 1.18% on average. In those weeks SVXY fell 1.59% on average, a down-week capture of 134.7%.

### Did SVXY earn more than cash?

Over the same 52 weeks SVXY returned +36.2% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. SVXY finished 32.5 percentage points ahead of it.

### What does SVXY cost?

The prospectus expense ratio is 0.95% a year.

### Why is SVXY listed as volatility?

ETFIQ files each fund by what its own prospectus says it does, and SVXY’s describes a volatility fund.

### How closely did SVXY track its VIX futures index?

Over the year from Oct 8, 2025 to Oct 8, 2026, SVXY returned +26.4%. The S&P 500 VIX Short-Term Futures Index, rebuilt by ETFIQ from Cboe VIX futures settlements and taken at −0.5x each day, returned +22.2%, a difference of +4.2 pts. Spot VIX moved −5.5%.

### What did rolling the VIX futures cost over the last year?

Holding the short-term VIX futures returned −49.6% from Oct 8, 2025 to Oct 8, 2026, while the constant-maturity futures price moved −4.1%. The difference, −47.4%, is the roll: what selling the expiring month and buying the next cost. A fund short these futures collects it instead.


## Cite this page

ETFIQ, SVXY, alternatives ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/svxy
Free to use with attribution for figures ETFIQ computes; issuer data stays under its owner's terms. The underlying files are at https://etfiq.com/data/.

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