# VIXY (ProShares 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, VIXY rose 2.85% a week on average.

## Key facts

- VIXY, correlation with the S&P 500: −0.72, as of Oct 9, 2026.
- VIXY, beta to the S&P 500: −2.62, as of Oct 9, 2026.
- VIXY, down-week capture: −241.3%, as of Oct 9, 2026.
- VIXY, against T-bills, 52 weeks: −58.9 pts, as of Oct 9, 2026.
- VIXY, net assets: $221m (issuer page, as of Oct 9, 2026).
- VIXY, expense ratio: 0.85% (issuer page, Oct 9, 2026).

## VIXY over each window to Oct 9, 2026

| Window | The fund | S&P 500 | Difference, percentage points |
| --- | --- | --- | --- |
| 3 months | −19.9% | +3.4% | −23.2 pts |
| 6 months | −45.2% | +15.2% | −60.4 pts |
| 1 year | −49.6% | +17.3% | −66.9 pts |
| 3 years | −81.9% | +85.8% | −167.7 pts |
| Since launch | −100.0% | +708.4% | −808.4 pts |

## Every published field

| Field | Value | Source |
| --- | --- | --- |
| Issuer | ProShares | ETFIQ |
| Strategy | Volatility | ETFIQ, from its prospectus |
| Expense ratio | 0.85% | issuer page, Oct 9, 2026 |
| Net assets | $221m | 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 | Long VIX futures | ETFIQ |
| Daily multiple it seeks | +1x | ETFIQ |
| VIXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 month | −4.6% against −4.4% at +1x, a difference of −0.2 pts, Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| VIXY against spot VIX, 1 month | −4.6% against −2.0% for the VIX index (15.72 to 15.41), Sep 8, 2026 to Oct 8, 2026 | ETFIQ |
| VIXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 3 months | −20.7% against −20.1% at +1x, a difference of −0.6 pts, Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| VIXY against spot VIX, 3 months | −20.7% against −2.7% for the VIX index (15.84 to 15.41), Jul 9, 2026 to Oct 8, 2026 | ETFIQ |
| VIXY against its index rebuilt by ETFIQ from Cboe VIX futures settlements, 1 year | −48.9% against −47.6% at +1x, a difference of −1.3 pts, Oct 8, 2025 to Oct 8, 2026 | ETFIQ |
| VIXY against spot VIX, 1 year | −48.9% 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 |
| VIXY in those weeks, on average | +2.85% | ETFIQ |
| VIXY total return over those weeks | −55.2% | ETFIQ |
| T-bills | +3.7% | ETFIQ |
| First traded | Jan 4, 2011 | ETFIQ |
| Days traded | 90 | ETFIQ |
| Quoted | on an exchange, every trading day | ETFIQ |

## Questions

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

Over the year to Oct 9, 2026, VIXY’s weekly returns had a correlation of −0.72 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 −2.62, so for each 1% the index moved it moved about 2.62% the other way.

### What did VIXY 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 VIXY rose 2.85% on average, a down-week capture of −241.3%.

### Did VIXY earn more than cash?

Over the same 52 weeks VIXY returned −55.2% with distributions reinvested, and BIL, a fund of Treasury bills, returned +3.7%. VIXY finished 58.9 percentage points behind it.

### What does VIXY cost?

The prospectus expense ratio is 0.85% a year.

### Why is VIXY listed as volatility?

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

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

Over the year from Oct 8, 2025 to Oct 8, 2026, VIXY returned −48.9%. The S&P 500 VIX Short-Term Futures Index, rebuilt by ETFIQ from Cboe VIX futures settlements and taken at +1x each day, returned −47.6%, a difference of −1.3 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, VIXY, alternatives ETFs, data as of Oct 9, 2026. https://etfiq.com/funds/vixy
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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